Corner Unit | Marina View | Exclusive | Apartment in DAMAC Hills 2
AED 547,000

AED 686 per sqft

Permit Pending Verification

Corner Unit | Marina View | Exclusive | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 79 days ago
1
Beds
1
Baths
797
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Amazonia, DAMAC Hills 2. This 797 sqft property offers excellent value at AED 547,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views122
Reference13bb7031-aed0-4696-ae0b-58d5bde1c983

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

6/ 10
Good Value3.1% below market

At AED 686/sqft vs 708/sqft market average in DAMAC Hills 2, this listing is 3% below recent transaction values — reasonably priced.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
AskingAED 686/sqft
DLD Market AvgAED 708/sqft

Price Transparency

Estimate
This listing
AED 686/sqft
Area benchmark unavailable
Asking priceAED 547,000
DLD transfer fee (4%)AED 21,880
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,316
Agency commission (2%)AED 10,940
Est. total transaction costAED 585,336

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 - 62% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 887,858 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
This PropertyAED 686/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
7.81%
After charges
Estimated Rental Income
Monthly
AED 4,558
Annual
AED 54,700
Service Charge: AED 11,955/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average32% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,556

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 109,400)
5%80%
4.99%
2%8%
Property PriceAED 547,000
Loan AmountAED 437,600
Total InterestAED 329,085
Total Cost (Principal + Interest)AED 766,685

Estimated Upfront Costs

Down PaymentAED 109,400
DLD Registration (4%)AED 21,880
Agency Fee (2%)AED 10,940
Total UpfrontAED 142,220

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 404K

Avg. Price

AED 667.27

Avg. /sqft

5

Transactions

AED 374K31.7% lower
16 Mar 2026 1 Bed 579 sqftAED 645/sqft
Completed Sale
AED 423K22.6% lower
14 Feb 2026 1 Bed 661 sqftAED 640/sqft
Completed Sale
AED 457K16.4% lower
16 Dec 2025 1 Bed 564 sqftAED 811/sqft
Completed Sale
AED 249K54.4% lower
16 Dec 2025 1 Bed 477 sqftAED 523/sqft
Completed Sale
AED 517K5.5% lower
16 Dec 2025 1 Bed 720 sqftAED 718/sqft
Completed Sale

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

Similar Properties

1-Bedroom apartment in DAMAC Hills 2