Reemah Elite Real Estate
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Projects·Dubai·DAMAC Hills
Gems Estates 1, villas in DAMAC Hills, Dubai, by DAMAC Properties
Off-PlanVillas

Gems Estates 1

DAMAC Hills · Dubai · by DAMAC Properties
Details are indicative, confirm with our desk before transacting
5 photos of Gems Estates 1. Renders and photography supplied by DAMAC Properties.
Price from
AED 5.82M
entry price
Bedrooms
5BR-7BR
Villas
Handover
Q4 2026
Off-Plan
Est. gross yield
On ask

DAMAC Properties is building Gems Estates 1, a villa project in DAMAC Hills, Dubai, offering 5BR-7BR. Of the 23 priced DAMAC Hills projects on file, 2 start at AED 5,820,000, this one among them. AED 1,396,800 gets it started, being the 20 percent booking of AED 1,164,000 alongside AED 232,800 of transfer fee, registration charges excluded. The keys are due Q4 2026, roughly 3 months away, by which point AED 3,492,000 of the AED 5,820,000 will have fallen due. 9 units were on the market between AED 6,199,000 and AED 21,000,000, counted in September 2026.

Why it makes the list
  • Launch price from AED 5,820,000
  • 60/40 payment plan
  • Handover Q4 2026
  • 5BR-7BR homes
Payment structure
60/40
Modelled on entry price AED 5.82M
Booking / down payment20% · AED 1,164,000
During construction40% · AED 2,328,000
On handover40% · AED 2,328,000

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Gems Estates 1: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 1,164,000
DLD fee4%
AED 232,800
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 1,401,300
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
DAMAC Hills · Dubai
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DA
Developer
DAMAC Properties
Tier 1 developer · 43,000+ units delivered across the Middle East · since 2002
Track record →
Data provenance

Details for Gems Estates 1 are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against DAMAC Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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