Damac Hills 2 commercial property: what offices and shops sold and let for
This page is for anyone buying, selling or leasing business property in Damac Hills 2. It shows what offices, shops and other business premises here actually sold for and actually let for, from the Dubai Land Department's own register. No asking prices and no listings. Free to read.
Offices, shops and warehouses, from the same register.
In the twelve months to 4 September 2026, 45 business resales were registered in Damac Hills 2 at a median of AED 470,000, and 205 business tenancies were registered there. The sales were 42 hotel units and 3 shops. Source: Dubai Land Department registered transactions, the register read to 4 September 2026.
What business property sold for in Damac Hills 2
| Kind of premises | Registered | Middle price | A square foot |
|---|---|---|---|
| Hotel units | 42 | AED 470,000 | AED 1,068 |
| Shops | 3 | AED 1.9 million to AED 2.2 million | no sale to price |
What a business unit sold for, by size
| Size | Registered | Middle price | A square foot |
|---|---|---|---|
| under 500 sq ft | 31 | AED 453,518 | AED 1,107 |
| 500 to 1,000 sq ft | 6 | AED 510,000 to AED 700,000 | no sale to price |
| 1,000 to 2,500 sq ft | 8 | AED 1.06 million | AED 961 |
What business property let for in Damac Hills 2
| Kind of premises | Registered | Middle annual rent, where a size is stated | A square foot |
|---|---|---|---|
| Hotel units | 165 | AED 40,000 | AED 86 |
| Shops | 39 | AED 247,584 | AED 206 |
| Business premises | 1 | no letting to price | no letting to price |
What a business unit let for, by size
| Size | Registered | Middle rent for this size | A square foot |
|---|---|---|---|
| under 500 sq ft | 113 | AED 39,000 | AED 93 |
| 500 to 1,000 sq ft | 53 | AED 55,000 | AED 75 |
| 1,000 to 2,500 sq ft | 35 | AED 206,752 | AED 168 |
| 2,500 to 10,000 sq ft | 3 | AED 294,000 to AED 479,430 | no letting to price |
| over 10,000 sq ft | 1 | no letting to price | no letting to price |
153 of these were new tenancies and 52 were renewals of one already in place.
Building by building
6 buildings in Damac Hills 2 had a registered business sale or a registered business tenancy in the twelve months to 4 September 2026. The busiest are here; each one has a page of its own.
| Building | Sales | Middle price | Lettings | Middle annual rent, where a size is stated |
|---|---|---|---|---|
| Damac Hills (2) - Viridis | 0 | no sale to price | 177 | AED 41,000 |
| Viridis B | 24 | AED 470,812 | 0 | no letting to price |
| Viridis A | 15 | AED 445,900 | 0 | no letting to price |
| Damac Hills (2) - Navitas | 0 | no sale to price | 5 | AED 133,380 to AED 470,900 |
| Damac Hills (2) - Navitas (E) | 3 | AED 325,000 to AED 530,548 | 0 | no letting to price |
| Viridis Podium | 3 | AED 1.9 million to AED 2.2 million | 0 | no letting to price |
How these figures are made
A registration is treated as business property when the Land Department's own record names it as one: an office, a shop, a showroom, a warehouse or workshop, a hotel unit, or a whole building. Where the register names a unit inside a building but not what kind, the use it records for that unit decides. Villas and plots are never treated as business property, because the register files many of Dubai's most expensive family homes under a commercial use.
The Land Department writes a use against every registration, and on a villa or a plot that field does not say whether the thing is a business or a home: the most expensive family homes in Dubai are filed under a commercial use. So the 3,458 villa and plot registrations in this district's register are left out of these figures rather than guessed at, and they are counted as homes.
2 registrations carry a description this desk has not been taught to read (None/None/None x2). They are counted here and left out of every figure until they are.
Every figure on this page is a transaction the Dubai Land Department has registered. None of them is an advert, an asking price or an estimate, and where the register holds too few of something to give a middle figure this page prints a range or a count instead of guessing one. The register read to 4 september 2026.