Family Home | Park View | Well Maintained | Apartment in DAMAC Hills 2
AED 60,000/year

AED 61 per sqft

Permit Pending Verification

Family Home | Park View | Well Maintained | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 102 days ago
2
Beds
2
Baths
980
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Amazonia, DAMAC Hills 2. This 980 sqft property offers excellent value at AED 777,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views116
Reference70872c6a-21d7-4bca-a781-b85f62644599

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

Price Transparency

Estimate
This listing
AED 61/sqft
Area benchmark unavailable
Annual rentAED 60,000
Security deposit (est. 5%)AED 3,000
Ejari registrationAED 220
Agency commission (5% one-off)AED 3,000
Est. first-year cash outlayAED 66,220

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.

Rental Market Comparison

Excellent Deal

Excellent Rental Deal - 48% Below Market!

This rental is priced significantly below the DAMAC Hills 2 average of AED 117/sqft/year. You could save AED 54,880 annually compared to market rate.

Save AED 4,573/month

Area Avg Rent
AED 117
per sqft/year
This Property
AED 61
48% below avg
Area Yield
6.5%
rental return
Monthly
AED 5K
per month

Investor Insight

Est. Property Value

AED 1.8M

Implied Yield

3.4%

Based on area sales PSF of AED 1,800

Rental estimates derived from PropertyIndex.ae yield data • 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

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).

Rental Cost Analysis

Monthly Rent

AED 5,000

Annual: AED 60,000

AED 61/sqft per year

AED 60,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 3,000
Agency Commission(5% of annual rent)
AED 3,000
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 8,220

Recent Apartment Rental Transactions

Similar apartments rented in DAMAC Hills 2

AED 126K

Avg. Annual Rent

AED 126.21

Avg. /sqft (yr)

5

Rentals

AED 149K147.8% higher
15 Apr 2026 2 Bed 980 sqftAED 152/sqft
Rental Agreement
AED 145K141.3% higher
14 Feb 2026 2 Bed 980 sqftAED 148/sqft
Rental Agreement
AED 87K45.5% higher
15 Jan 2026 2 Bed 912 sqftAED 96/sqft
Rental Agreement
AED 128K113.4% higher
15 Jan 2026 2 Bed 1,137 sqftAED 113/sqft
Rental Agreement
AED 121K101.4% higher
16 Dec 2025 2 Bed 980 sqftAED 123/sqft
Rental Agreement

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

Similar Properties

2-Bedroom apartment in DAMAC Hills 2