Park Residence 1
What people actually paid in Park Residence 1: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
610 sales are on record at the Dubai Land Department, below.
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Sales
Buying in Park Residence 1? Imogen can walk you through what these numbers mean for you.
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- Community
- Damac Hills
- First on record
- 2020 — already a completed home — the record opens after handover
- Sales on record
- 610 — registered at the Dubai Land Department, the latest October 2026
- Off-plan share
- 0% — 0 bought off-plan from the developer, 610 resales of a completed home
Recorded rents and gross yield for Park Residence 1 →
Living in Damac Hills — the area guide →
What a mortgage on a home in Park Residence 1 costs a month — and the cash you need on the day →
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2020 at AED 920 a square foot, and it has recovered 98% since.
Every sale, as registered
Recent sales in Park Residence 1
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 19 Oct 2026 | — | 2,927 | 3,835,000 | 1,310 |
| 30 Sept 2026 | — | 3,386 | 5,000,000 | 1,476 |
| 14 Sept 2026 | — | 1,615 | 3,150,000 | 1,951 |
| 14 Sept 2026 | — | 1,485 | 2,650,000 | 1,784 |
| 8 Sept 2026 | — | 3,073 | 4,960,175 | 1,614 |
| 27 Aug 2026 | — | 3,059 | 4,700,000 | 1,536 |
| 26 Aug 2026 | — | 1,615 | 2,860,000 | 1,771 |
| 17 Jul 2026 | — | 3,967 | 4,600,000 | 1,160 |
| 13 Jul 2026 | — | 1,781 | 3,030,000 | 1,701 |
| 6 Jul 2026 | — | 1,938 | 3,350,000 | 1,729 |
| 29 Jun 2026 | — | 3,304 | 6,719,000 | 2,033 |
| 10 Jun 2026 | — | 3,531 | 4,550,000 | 1,289 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 610 sales on record, 0 were bought off-plan from the developer and 610 were resales of a finished home. The 2026 bar is part-year.
In context
Where it sits in Damac Hills
Park Residence 1 is the 4th most expensive of the 17 Damac Hills buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.
| Rank | Building | Sales, 12 months | Median per sq ft |
|---|---|---|---|
| 1 | Ivory by Damac | 95 | 2,056 |
| 2 | Silver Springs 3 | 34 | 2,050 |
| 3 | Bel Air | 31 | 1,920 |
| 4 | Park Residence 1 | 44 | 1,849 |
| 5 | Damac District Tower B | 307 | 1,825 |
| 6 | Damac District Tower A | 396 | 1,818 |
| 7 | Park Residences 4 | 22 | 1,766 |
Damac Hills as a whole: AED 1,730 a square foot across 1,777 sales in the last twelve months.
Where the market is moving
The busiest buildings in Damac Hills
Park Residence 1 is the 5th busiest of the 8 Damac Hills buildings with five or more completed-home sales in the ninety days to 19 Oct 2026.
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Damac Hills, with pace against each building’s own year before.
Nearby
What else to look at in Damac Hills
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Damac District Tower Bnewest | 307 | 2026 | 1,825 |
| Damac District Tower Anewest | 396 | 2025 | 1,818 |
| Loreto 1 B | 118 | 2019 | 1,107 |
| DAMAC Hills - Golf Vista - Tower A | 142 | 2013 | 1,106 |
| DAMAC Hills - Golf Horizon - Tower A | 149 | 2013 | 1,104 |
| Whitefield 2 | 24 | 2013 | 1,096 |
| DAMAC Hills - Golf Panorama - Tower B | 154 | 2013 | 1,091 |
| Golf Promenade 5A | 110 | 2022 | 1,051 |
| Park Residences 4 | 491 | 2020 | 1,050 |
| Brookfield 3 | 35 | 2013 | 1,045 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Buying in Park Residence 1? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.