Investor Deal | Rented | Great Returns | Apartment in DAMAC Hills 2
AED 583,000

AED 731 per sqft

Permit Pending Verification

Investor Deal | Rented | Great Returns | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 125 days ago
1
Beds
1
Baths
797
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Pacifica, DAMAC Hills 2. This 797 sqft property offers excellent value at AED 583,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views32
Reference288f585b-c113-4d5a-bf53-ca0a77d27bb9

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

5/ 10
Fair Price3.3% above market

Listed at AED 731/sqft against a 708/sqft market average in DAMAC Hills 2. Priced 3% above recent transactions — fair but room for negotiation.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
AskingAED 731/sqft
DLD Market AvgAED 708/sqft

Price Transparency

Estimate
This listing
AED 731/sqft
Area benchmark unavailable
Asking priceAED 583,000
DLD transfer fee (4%)AED 23,320
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,383
Agency commission (2%)AED 11,660
Est. total transaction costAED 623,563

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 - 59% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 851,993 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
This PropertyAED 731/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
7.95%
After charges
Estimated Rental Income
Monthly
AED 4,858
Annual
AED 58,300
Service Charge: AED 11,955/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average27.5% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,724

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 116,600)
5%80%
4.99%
2%8%
Property PriceAED 583,000
Loan AmountAED 466,400
Total InterestAED 350,743
Total Cost (Principal + Interest)AED 817,143

Estimated Upfront Costs

Down PaymentAED 116,600
DLD Registration (4%)AED 23,320
Agency Fee (2%)AED 11,660
Total UpfrontAED 151,580

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 479K

Avg. Price

AED 738.98

Avg. /sqft

5

Transactions

AED 491K15.8% lower
15 Apr 2026 1 Bed 564 sqftAED 870/sqft
Completed Sale
AED 507K13.0% lower
15 Apr 2026 1 Bed 661 sqftAED 767/sqft
Completed Sale
AED 571K2.1% lower
15 Jan 2026 1 Bed 797 sqftAED 716/sqft
Completed Sale
AED 270K53.6% lower
16 Dec 2025 1 Bed 477 sqftAED 567/sqft
Completed Sale
AED 558K4.3% lower
16 Nov 2025 1 Bed 720 sqftAED 775/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