Premium 2BR | Pool View | Near Metro | Apartment in DAMAC Hills 2
AED 674,000

AED 585 per sqft

Permit Pending Verification

Premium 2BR | Pool View | Near Metro | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 99 days ago
2
Beds
2
Baths
1,152
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Amazonia, DAMAC Hills 2. This 1152 sqft property offers excellent value at AED 674,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views34
Reference0ee6e32c-850f-4a63-b066-71f609f28e8b

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
1
Waterfront
0

Nearby Amenities & Landmarks

DAMAC Hills 2 Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in DAMAC Hills 2
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Deal Scoreâ„¢

AI-powered price analysis vs DLD transactions

8.6/ 10
Great Deal21.3% below market

Priced at AED 585/sqft vs market avg of AED 744/sqft in DAMAC Hills 2. This property is 21% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonDAMAC Hills 2 · 2 BR apartment
AskingAED 585/sqft
DLD Market AvgAED 744/sqft

Price Transparency

Estimate
This listing
AED 585/sqft
Area benchmark unavailable
Asking priceAED 674,000
DLD transfer fee (4%)AED 26,960
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,554
Agency commission (2%)AED 13,480
Est. total transaction costAED 720,194

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Excellent Deal

Exceptional Value - 68% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 1,399,680 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 2 BR apartment
This PropertyAED 585/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

PropertyIndex.ae • Updated 2026-02-22

DAMAC Hills 2 Market Intelligence

Full Report
Avg Price/SqftAED 693
Active Listings36
Trendup
Price History (per sqft)
AED 596
Dec
AED 720
Jan
AED 711
Feb
AED 762
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 4 rental comparables in DAMAC Hills 2

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
7.44%
After charges
Estimated Rental Income
Monthly
AED 5,617
Annual
AED 67,400
Service Charge: AED 17,280/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average16.2% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 3,149

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 134,800)
5%80%
4.99%
2%8%
Property PriceAED 674,000
Loan AmountAED 539,200
Total InterestAED 405,491
Total Cost (Principal + Interest)AED 944,691

Estimated Upfront Costs

Down PaymentAED 134,800
DLD Registration (4%)AED 26,960
Agency Fee (2%)AED 13,480
Total UpfrontAED 175,240

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills 2

AED 813K

Avg. Price

AED 793.94

Avg. /sqft

5

Transactions

AED 881K30.7% higher
15 Apr 2026 2 Bed 922 sqftAED 955/sqft
Completed Sale
AED 793K17.7% higher
15 Apr 2026 2 Bed 993 sqftAED 799/sqft
Completed Sale
AED 977K45.0% higher
16 Mar 2026 2 Bed 1,173 sqftAED 833/sqft
Completed Sale
AED 780K15.8% higher
16 Dec 2025 2 Bed 1,038 sqftAED 752/sqft
Completed Sale
AED 635K5.8% lower
16 Nov 2025 2 Bed 1,007 sqftAED 631/sqft
Completed Sale

Transactions shown are for similar apartments in DAMAC Hills 2. Prices may vary based on floor, view, and finishing.

Similar Properties

2-Bedroom apartment in DAMAC Hills 2