DAMAC Hills 2 · Listing

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

AED 987,000

AED 841 per sqft

Permit Pending Verification

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

DAMAC Hills 2, Dubai
4mo ago
2
Beds
2
Baths
1,173
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Oliva, DAMAC Hills 2. This 1173 sqft property offers excellent value at AED 987,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views155
Reference214039bc-551e-497e-a0d4-990505abfdc3

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

Oliva

· DAMAC Hills 2
Leaflet © Mapbox © OSM

Premium Property

Positioned above market average

This is a premium-positioned property in DAMAC Hills 2. Asking AED 841/sqft vs market average of AED 744/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

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 8,225
Annual
AED 98,700
Service Charge: AED 17,595/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average22.7% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 4,611

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 197,400)
5%80%
4.99%
2%8%
Property PriceAED 987,000
Loan AmountAED 789,600
Total InterestAED 593,797
Total Cost (Principal + Interest)AED 1,383,397

Estimated Upfront Costs

Down PaymentAED 197,400
DLD Registration (4%)AED 39,480
Agency Fee (2%)AED 19,740
Total UpfrontAED 256,620

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills 2

AED 733K

Avg. Price

AED 719.52

Avg. /sqft

5

Transactions

AED 784K20.6% below this listing
19 Apr 2026 2 Bed 1,038 sqftAED 755/sqft
Completed Sale
AED 710K28.0% below this listing
20 Mar 2026 2 Bed 1,007 sqftAED 705/sqft
Completed Sale
AED 739K25.1% below this listing
18 Feb 2026 2 Bed 922 sqftAED 801/sqft
Completed Sale
AED 678K31.3% below this listing
18 Feb 2026 2 Bed 993 sqftAED 683/sqft
Completed Sale
AED 752K23.8% below this listing
20 Dec 2025 2 Bed 1,152 sqftAED 652/sqft
Completed Sale

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

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).

Comparables

Similar properties nearby

2 BR apartment · DAMAC Hills 2

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