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
Listed 103 days 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
Views149
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

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.

Price Transparency

Estimate
This listing
AED 841/sqft
Area benchmark unavailable
Asking priceAED 987,000
DLD transfer fee (4%)AED 39,480
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 2,141
Agency commission (2%)AED 19,740
Est. total transaction costAED 1,052,561

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 1,124,907 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 2 BR apartment
This PropertyAED 841/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 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

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 769K

Avg. Price

AED 758.64

Avg. /sqft

5

Transactions

AED 800K19.0% lower
16 Apr 2026 2 Bed 1,007 sqftAED 794/sqft
Completed Sale
AED 797K19.3% lower
16 Apr 2026 2 Bed 993 sqftAED 802/sqft
Completed Sale
AED 878K11.0% lower
17 Mar 2026 2 Bed 1,038 sqftAED 846/sqft
Completed Sale
AED 620K37.2% lower
17 Dec 2025 2 Bed 1,152 sqftAED 538/sqft
Completed Sale
AED 750K24.1% lower
17 Nov 2025 2 Bed 922 sqftAED 813/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