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
Listed 129 days 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
Views159
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

Deal Scoreâ„¢

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.

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

Price Transparency

Estimate
This listing
AED 708/sqft
Area benchmark unavailable
Asking priceAED 328,000
DLD transfer fee (4%)AED 13,120
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 905
Agency commission (2%)AED 6,560
Est. total transaction costAED 350,685

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 - 61% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 505,596 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
This PropertyAED 708/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
7.88%
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

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 410K

Avg. Price

AED 639.55

Avg. /sqft

5

Transactions

AED 280K14.8% lower
14 Feb 2026 1 Bed 477 sqftAED 586/sqft
Completed Sale
AED 401K22.2% higher
14 Feb 2026 1 Bed 661 sqftAED 607/sqft
Completed Sale
AED 439K33.8% higher
16 Nov 2025 1 Bed 564 sqftAED 778/sqft
Completed Sale
AED 430K31.2% higher
16 Nov 2025 1 Bed 720 sqftAED 598/sqft
Completed Sale
AED 501K52.8% higher
16 Nov 2025 1 Bed 797 sqftAED 629/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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