1BR with Study | Park View | Modern | Apartment in DAMAC Hills 2
AED 509,000

AED 836 per sqft

Permit Pending Verification

1BR with Study | Park View | Modern | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 136 days ago
1
Beds
1
Baths
609
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Primrose, DAMAC Hills 2. This 609 sqft property offers excellent value at AED 509,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views198
Reference22692f11-6b8a-4235-86c0-3db49262739b

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 836/sqft vs market average of AED 708/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 836/sqft
Area benchmark unavailable
Asking priceAED 509,000
DLD transfer fee (4%)AED 20,360
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,244
Agency commission (2%)AED 10,180
Est. total transaction costAED 544,984

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 - 54% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 587,076 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
This PropertyAED 836/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
8.21%
After charges
Estimated Rental Income
Monthly
AED 4,242
Annual
AED 50,900
Service Charge: AED 9,135/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average36.7% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,378

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 101,800)
5%80%
4.99%
2%8%
Property PriceAED 509,000
Loan AmountAED 407,200
Total InterestAED 306,224
Total Cost (Principal + Interest)AED 713,424

Estimated Upfront Costs

Down PaymentAED 101,800
DLD Registration (4%)AED 20,360
Agency Fee (2%)AED 10,180
Total UpfrontAED 132,340

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 432K

Avg. Price

AED 667.11

Avg. /sqft

5

Transactions

AED 521K2.5% higher
15 Apr 2026 1 Bed 661 sqftAED 789/sqft
Completed Sale
AED 523K2.8% higher
16 Mar 2026 1 Bed 797 sqftAED 657/sqft
Completed Sale
AED 276K45.8% lower
14 Feb 2026 1 Bed 477 sqftAED 578/sqft
Completed Sale
AED 458K9.9% lower
14 Feb 2026 1 Bed 720 sqftAED 637/sqft
Completed Sale
AED 381K25.2% lower
16 Dec 2025 1 Bed 564 sqftAED 675/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