DAMAC Hills · Listing

Premium 4BR | High Floor | Corner Unit | Apartment in DAMAC Hills

AED 4,622,000

AED 1,407 per sqft

Permit Pending Verification

Premium 4BR | High Floor | Corner Unit | Apartment in DAMAC Hills

DAMAC Hills, Dubai
5mo ago
4
Beds
4
Baths
3,286
Sqft
apartment
Type

About This Property

Premium 4 bedroom apartment available in Paramount Tower, DAMAC Hills. This 3286 sqft property offers excellent value at AED 4,622,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views126
Reference3c097d8e-b302-468c-80b3-40281e87ecf0

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

Deal Score™

AI-powered price analysis vs DLD transactions

8.5/ 10
Great Deal20.2% below market

Priced at AED 1,407/sqft vs market avg of AED 1,762/sqft in DAMAC Hills. This property is 20% below comparable DLD transactions — a strong investment opportunity.

Asking AED/sqft

AED 1,407

DLD Market Avg

AED 1,762

Avg

AED 5,901,833

Median

AED 5,994,000

Range

4622K–6936K

DLD Benchmark
Property priceAED 4,622,000
DLD transfer fee (4%)AED 184,880
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 11,555
Agency commission (2%)AED 92,440
Total to acquireAED 4,915,075

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
10%
Excellent Yield
Net Yield
8.93%
After charges
Estimated Rental Income
Monthly
AED 38,517
Annual
AED 462,200
Service Charge: AED 49,290/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average16.1% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 21,594

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 924,400)
5%80%
4.99%
2%8%
Property PriceAED 4,622,000
Loan AmountAED 3,697,600
Total InterestAED 2,780,679
Total Cost (Principal + Interest)AED 6,478,279

Estimated Upfront Costs

Down PaymentAED 924,400
DLD Registration (4%)AED 184,880
Agency Fee (2%)AED 92,440
Total UpfrontAED 1,201,720

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills

AED 5.71M

Avg. Price

AED 1,770.09

Avg. /sqft

5

Transactions

AED 5.41M17.0% above this listing
18 May 2026 4 Bed 3,135 sqftAED 1,725/sqft
Completed Sale
AED 5.39M16.7% above this listing
18 Apr 2026 4 Bed 3,564 sqftAED 1,513/sqft
Completed Sale
AED 6.23M34.8% above this listing
18 Apr 2026 4 Bed 2,790 sqftAED 2,233/sqft
Completed Sale
AED 6.19M34.0% above this listing
18 Apr 2026 4 Bed 3,101 sqftAED 1,998/sqft
Completed Sale
AED 5.32M15.2% above this listing
17 Feb 2026 4 Bed 3,855 sqftAED 1,381/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).

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