DAMAC Hills 2 · Listing

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

AED 328,000

AED 708 per sqft

Permit Pending Verification

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

DAMAC Hills 2, Dubai
5mo ago
1
Beds
1
Baths
463
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Oliva, DAMAC Hills 2. This 463 sqft property offers excellent value at AED 328,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views164
Reference679b0bf8-ef6d-44ba-b6a6-5a25b7a9deda

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

Oliva

· DAMAC Hills 2
Leaflet © Mapbox © OSM

Deal Score™

AI-powered price analysis vs DLD transactions

5.5/ 10
Fair Price0.0% below market

At AED 708/sqft vs 708/sqft market average in DAMAC Hills 2, this listing is 0% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 708

DLD Market Avg

AED 708

Avg

AED 446,846

Median

AED 457,000

Range

282K–663K

DLD Benchmark
Property priceAED 328,000
DLD transfer fee (4%)AED 13,120
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 820
Agency commission (2%)AED 6,560
Total to acquireAED 352,700

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

Investment ROI Calculator

Based on 4 rental comparables in DAMAC Hills 2

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
7.88%
After charges
Estimated Rental Income
Monthly
AED 2,733
Annual
AED 32,800
Service Charge: AED 6,945/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average59.2% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 1,532

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 65,600)
5%80%
4.99%
2%8%
Property PriceAED 328,000
Loan AmountAED 262,400
Total InterestAED 197,331
Total Cost (Principal + Interest)AED 459,731

Estimated Upfront Costs

Down PaymentAED 65,600
DLD Registration (4%)AED 13,120
Agency Fee (2%)AED 6,560
Total UpfrontAED 85,280

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills 2

AED 444K

Avg. Price

AED 691.05

Avg. /sqft

5

Transactions

AED 419K27.9% above this listing
19 Apr 2026 1 Bed 720 sqftAED 583/sqft
Completed Sale
AED 434K32.3% above this listing
20 Mar 2026 1 Bed 661 sqftAED 657/sqft
Completed Sale
AED 483K47.4% above this listing
19 Jan 2026 1 Bed 564 sqftAED 857/sqft
Completed Sale
AED 297K9.5% below this listing
19 Jan 2026 1 Bed 477 sqftAED 622/sqft
Completed Sale
AED 587K79.0% above this listing
19 Jan 2026 1 Bed 797 sqftAED 737/sqft
Completed Sale

Transactions shown are for similar apartments in DAMAC Hills 2. 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

1 BR apartment · DAMAC Hills 2

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