Family 3BR | Park View | Well Maintained | Apartment in DAMAC Hills 2
AED 1,643,000

AED 1,034 per sqft

Permit Pending Verification

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

DAMAC Hills 2, Dubai
Listed 137 days ago
3
Beds
3
Baths
1,589
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Pelham, DAMAC Hills 2. This 1589 sqft property offers excellent value at AED 1,643,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views86
Reference90d696c3-9f8a-447f-9198-94a64ec984eb

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

Premium Property

Positioned above market average

This is a premium-positioned property in DAMAC Hills 2. Asking AED 1,034/sqft vs market average of AED 801/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 1,034/sqft
Area benchmark unavailable
Asking priceAED 1,643,000
DLD transfer fee (4%)AED 65,720
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 3,371
Agency commission (2%)AED 32,860
Est. total transaction costAED 1,749,151

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 - 43% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 1,217,174 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 3 BR apartment
This PropertyAED 1,034/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
9.13%
Excellent Yield
Net Yield
7.68%
After charges
Estimated Rental Income
Monthly
AED 12,505
Annual
AED 150,057
Service Charge: AED 23,835/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average104.3% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 7,676

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 328,600)
5%80%
4.99%
2%8%
Property PriceAED 1,643,000
Loan AmountAED 1,314,400
Total InterestAED 988,459
Total Cost (Principal + Interest)AED 2,302,859

Estimated Upfront Costs

Down PaymentAED 328,600
DLD Registration (4%)AED 65,720
Agency Fee (2%)AED 32,860
Total UpfrontAED 427,180

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 1.17M

Avg. Price

AED 806.32

Avg. /sqft

5

Transactions

AED 871K47.0% lower
16 Mar 2026 3 Bed 1,395 sqftAED 624/sqft
Completed Sale
AED 1.46M11.1% lower
16 Mar 2026 3 Bed 1,660 sqftAED 880/sqft
Completed Sale
AED 1.07M34.8% lower
14 Feb 2026 3 Bed 1,368 sqftAED 783/sqft
Completed Sale
AED 1.47M10.8% lower
15 Jan 2026 3 Bed 1,405 sqftAED 1,043/sqft
Completed Sale
AED 992K39.6% lower
16 Nov 2025 3 Bed 1,415 sqftAED 701/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