DAMAC Hills · Listing

Stunning 4BR Penthouse | Full Sea View | Apartment in DAMAC Hills

AED 5,950,000

AED 1,543 per sqft

Permit Pending Verification

Stunning 4BR Penthouse | Full Sea View | Apartment in DAMAC Hills

DAMAC Hills, Dubai
4mo ago
4
Beds
4
Baths
3,855
Sqft
apartment
Type

About This Property

Premium 4 bedroom apartment available in Paramount Tower, DAMAC Hills. This 3855 sqft property offers excellent value at AED 5,950,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views190
Reference30fe1a89-f31b-4a23-8c00-50a08e0a50cc

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 Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in DAMAC Hills
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Paramount Tower

· DAMAC Hills
Leaflet © Mapbox © OSM

Deal Score™

AI-powered price analysis vs DLD transactions

7.4/ 10
Good Value12.4% below market

Priced at AED 1,543/sqft vs market avg of AED 1,762/sqft in DAMAC Hills. This property is 12% below comparable DLD transactions — a strong investment opportunity.

Asking AED/sqft

AED 1,543

DLD Market Avg

AED 1,762

Avg

AED 5,901,833

Median

AED 5,994,000

Range

4622K–6936K

DLD Benchmark
Property priceAED 5,950,000
DLD transfer fee (4%)AED 238,000
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 14,875
Agency commission (2%)AED 119,000
Total to acquireAED 6,326,075

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 5 rental comparables in DAMAC Hills

Excellent Yield
Gross Yield
9.82%
Excellent Yield
Net Yield
8.85%
After charges
Estimated Rental Income
Monthly
AED 48,676
Annual
AED 584,113
Service Charge: AED 57,825/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average7.9% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 27,799

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 1,190,000)
5%80%
4.99%
2%8%
Property PriceAED 5,950,000
Loan AmountAED 4,760,000
Total InterestAED 3,579,628
Total Cost (Principal + Interest)AED 8,339,628

Estimated Upfront Costs

Down PaymentAED 1,190,000
DLD Registration (4%)AED 238,000
Agency Fee (2%)AED 119,000
Total UpfrontAED 1,547,000

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills

AED 5.82M

Avg. Price

AED 1,743.79

Avg. /sqft

5

Transactions

AED 6.30M5.9% above this listing
18 Apr 2026 4 Bed 3,135 sqftAED 2,010/sqft
Completed Sale
AED 5.43M8.7% below this listing
17 Feb 2026 4 Bed 3,101 sqftAED 1,751/sqft
Completed Sale
AED 7.23M21.5% above this listing
18 Jan 2026 4 Bed 4,153 sqftAED 1,741/sqft
Completed Sale
AED 5.35M10.1% below this listing
19 Dec 2025 4 Bed 3,564 sqftAED 1,500/sqft
Completed Sale
AED 4.79M19.5% below this listing
19 Dec 2025 4 Bed 2,790 sqftAED 1,717/sqft
Completed Sale

Transactions shown are for similar apartments in DAMAC Hills. 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

4 BR apartment · DAMAC Hills

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