Family 3BR | Park View | Well Maintained | Apartment in DAMAC Hills 2
AED 1,174,000

AED 631 per sqft

Permit Pending Verification

Family 3BR | Park View | Well Maintained | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 158 days ago
3
Beds
3
Baths
1,861
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Amazonia, DAMAC Hills 2. This 1861 sqft property offers excellent value at AED 1,174,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views195
Reference6811249a-2ca6-4dd6-9eb9-5e092648294a

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

8.6/ 10
Great Deal21.2% below market

Priced at AED 631/sqft vs market avg of AED 801/sqft in DAMAC Hills 2. This property is 21% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonDAMAC Hills 2 · 3 BR apartment
AskingAED 631/sqft
DLD Market AvgAED 801/sqft

Price Transparency

Estimate
This listing
AED 631/sqft
Area benchmark unavailable
Asking priceAED 1,174,000
DLD transfer fee (4%)AED 46,960
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 2,491
Agency commission (2%)AED 23,480
Est. total transaction costAED 1,251,131

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 - 65% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 2,175,509 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 3 BR apartment
This PropertyAED 631/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
7.62%
After charges
Estimated Rental Income
Monthly
AED 9,783
Annual
AED 117,400
Service Charge: AED 27,915/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average46% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 5,485

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 234,800)
5%80%
4.99%
2%8%
Property PriceAED 1,174,000
Loan AmountAED 939,200
Total InterestAED 706,300
Total Cost (Principal + Interest)AED 1,645,500

Estimated Upfront Costs

Down PaymentAED 234,800
DLD Registration (4%)AED 46,960
Agency Fee (2%)AED 23,480
Total UpfrontAED 305,240

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 1.20M

Avg. Price

AED 824.19

Avg. /sqft

5

Transactions

AED 1.01M13.9% lower
15 Apr 2026 3 Bed 1,395 sqftAED 724/sqft
Completed Sale
AED 1.09M7.3% lower
15 Apr 2026 3 Bed 1,415 sqftAED 769/sqft
Completed Sale
AED 1.32M12.5% higher
15 Jan 2026 3 Bed 1,405 sqftAED 940/sqft
Completed Sale
AED 1.56M33.1% higher
15 Jan 2026 3 Bed 1,660 sqftAED 941/sqft
Completed Sale
AED 1.02M13.0% lower
16 Dec 2025 3 Bed 1,368 sqftAED 747/sqft
Completed Sale

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

Similar Properties

3-Bedroom apartment in DAMAC Hills 2