DAMAC Hills 2 · Listing

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
5mo 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
Views93
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

Pelham

· DAMAC Hills 2
Leaflet © Mapbox © OSM

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.

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

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills 2

AED 1.26M

Avg. Price

AED 866.47

Avg. /sqft

5

Transactions

AED 1.44M12.2% below this listing
19 May 2026 3 Bed 1,405 sqftAED 1,027/sqft
Completed Sale
AED 1.57M4.6% below this listing
19 May 2026 3 Bed 1,660 sqftAED 944/sqft
Completed Sale
AED 1.13M31.4% below this listing
19 Apr 2026 3 Bed 1,415 sqftAED 796/sqft
Completed Sale
AED 1.08M34.1% below this listing
19 Jan 2026 3 Bed 1,368 sqftAED 791/sqft
Completed Sale
AED 1.08M34.3% below this listing
20 Dec 2025 3 Bed 1,395 sqftAED 774/sqft
Completed Sale

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

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).

Comparables

Similar properties nearby

3 BR apartment · DAMAC Hills 2

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