Luxury Studio | City Views | Best Price | Apartment in DAMAC Hills 2
AED 282,000

AED 591 per sqft

Permit Pending Verification

Luxury Studio | City Views | Best Price | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 89 days ago
1
Beds
1
Baths
477
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Primrose, DAMAC Hills 2. This 477 sqft property offers excellent value at AED 282,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views65
Reference633acbae-723d-48f2-88cb-419308e48636

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

8/ 10
Great Deal16.5% below market

Priced at AED 591/sqft vs market avg of AED 708/sqft in DAMAC Hills 2. This property is 16% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
AskingAED 591/sqft
DLD Market AvgAED 708/sqft

Price Transparency

Estimate
This listing
AED 591/sqft
Area benchmark unavailable
Asking priceAED 282,000
DLD transfer fee (4%)AED 11,280
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 819
Agency commission (2%)AED 5,640
Est. total transaction costAED 301,839

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 - 67% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 576,693 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
This PropertyAED 591/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
7.46%
After charges
Estimated Rental Income
Monthly
AED 2,350
Annual
AED 28,200
Service Charge: AED 7,155/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average64.9% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 1,318

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 56,400)
5%80%
4.99%
2%8%
Property PriceAED 282,000
Loan AmountAED 225,600
Total InterestAED 169,656
Total Cost (Principal + Interest)AED 395,256

Estimated Upfront Costs

Down PaymentAED 56,400
DLD Registration (4%)AED 11,280
Agency Fee (2%)AED 5,640
Total UpfrontAED 73,320

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 444K

Avg. Price

AED 669.69

Avg. /sqft

5

Transactions

AED 500K77.5% higher
15 Apr 2026 1 Bed 797 sqftAED 628/sqft
Completed Sale
AED 473K67.7% higher
15 Apr 2026 1 Bed 661 sqftAED 716/sqft
Completed Sale
AED 380K34.7% higher
16 Mar 2026 1 Bed 564 sqftAED 673/sqft
Completed Sale
AED 377K33.8% higher
14 Feb 2026 1 Bed 579 sqftAED 652/sqft
Completed Sale
AED 489K73.6% higher
16 Dec 2025 1 Bed 720 sqftAED 680/sqft
Completed Sale

Transactions shown are for similar apartments in DAMAC Hills 2. Prices may vary based on floor, view, and finishing.

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