Bright 1 Bedroom | Pool View | Vacant | Apartment in DAMAC Hills 2
AED 400,000

AED 691 per sqft

Permit Pending Verification

Bright 1 Bedroom | Pool View | Vacant | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 104 days ago
1
Beds
1
Baths
579
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Amazonia, DAMAC Hills 2. This 579 sqft property offers excellent value at AED 400,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views129
Reference76819b2b-6a45-4ed4-bf79-0aa9114731bf

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

5.9/ 10
Fair Price2.5% below market

At AED 691/sqft vs 708/sqft market average in DAMAC Hills 2, this listing is 2% below recent transaction values — reasonably priced.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
AskingAED 691/sqft
DLD Market AvgAED 708/sqft

Price Transparency

Estimate
This listing
AED 691/sqft
Area benchmark unavailable
Asking priceAED 400,000
DLD transfer fee (4%)AED 16,000
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 1,040
Agency commission (2%)AED 8,000
Est. total transaction costAED 427,140

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 - 62% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 642,111 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
This PropertyAED 691/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
7.83%
After charges
Estimated Rental Income
Monthly
AED 3,333
Annual
AED 40,000
Service Charge: AED 8,685/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average50.3% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 1,869

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 80,000)
5%80%
4.99%
2%8%
Property PriceAED 400,000
Loan AmountAED 320,000
Total InterestAED 240,647
Total Cost (Principal + Interest)AED 560,647

Estimated Upfront Costs

Down PaymentAED 80,000
DLD Registration (4%)AED 16,000
Agency Fee (2%)AED 8,000
Total UpfrontAED 104,000

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 418K

Avg. Price

AED 651.39

Avg. /sqft

5

Transactions

AED 299K25.3% lower
16 Apr 2026 1 Bed 477 sqftAED 627/sqft
Completed Sale
AED 469K17.2% higher
16 Apr 2026 1 Bed 720 sqftAED 651/sqft
Completed Sale
AED 420K4.9% higher
17 Dec 2025 1 Bed 564 sqftAED 744/sqft
Completed Sale
AED 503K25.9% higher
17 Dec 2025 1 Bed 797 sqftAED 632/sqft
Completed Sale
AED 399K0.4% lower
17 Dec 2025 1 Bed 661 sqftAED 603/sqft
Completed Sale

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

Similar Properties

1-Bedroom apartment in DAMAC Hills 2