Large Layout | Panoramic Views | Exclusive | Apartment in DAMAC Hills 2
AED 765,000

AED 844 per sqft

Permit Pending Verification

Large Layout | Panoramic Views | Exclusive | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 123 days ago
2
Beds
2
Baths
906
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Claret, DAMAC Hills 2. This 906 sqft property offers excellent value at AED 765,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views143
Reference11cca3c0-dd35-44e9-ace8-8cbdb10489d0

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

Premium Property

Positioned above market average

This is a premium-positioned property in DAMAC Hills 2. Asking AED 844/sqft vs market average of AED 744/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 844/sqft
Area benchmark unavailable
Asking priceAED 765,000
DLD transfer fee (4%)AED 30,600
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,724
Agency commission (2%)AED 15,300
Est. total transaction costAED 816,824

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 - 53% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 866,136 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 2 BR apartment
This PropertyAED 844/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
8.22%
After charges
Estimated Rental Income
Monthly
AED 6,375
Annual
AED 76,500
Service Charge: AED 13,590/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average4.9% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 3,574

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 153,000)
5%80%
4.99%
2%8%
Property PriceAED 765,000
Loan AmountAED 612,000
Total InterestAED 460,238
Total Cost (Principal + Interest)AED 1,072,238

Estimated Upfront Costs

Down PaymentAED 153,000
DLD Registration (4%)AED 30,600
Agency Fee (2%)AED 15,300
Total UpfrontAED 198,900

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 752K

Avg. Price

AED 743.07

Avg. /sqft

5

Transactions

AED 694K9.3% lower
16 Apr 2026 2 Bed 1,038 sqftAED 668/sqft
Completed Sale
AED 728K4.8% lower
17 Mar 2026 2 Bed 1,152 sqftAED 632/sqft
Completed Sale
AED 908K18.7% higher
16 Jan 2026 2 Bed 922 sqftAED 985/sqft
Completed Sale
AED 771K0.8% higher
17 Dec 2025 2 Bed 1,007 sqftAED 766/sqft
Completed Sale
AED 659K13.8% lower
17 Dec 2025 2 Bed 993 sqftAED 664/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