DAMAC Hills 2 · Listing

Modern 2 Bed | High Floor | Vacant | Apartment in DAMAC Hills 2

AED 127,000/year

AED 112 per sqft

Permit Pending Verification

Modern 2 Bed | High Floor | Vacant | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
5mo ago
2
Beds
2
Baths
1,137
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Oliva, DAMAC Hills 2. This 1137 sqft property offers excellent value at AED 877,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views191
Referenceaf8f806f-eaf1-4bf2-bf09-a33aa36582cb

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

Oliva

· DAMAC Hills 2

Recent Apartment Rental Transactions

Similar apartments rented in DAMAC Hills 2

AED 117K

Avg. Annual Rent

AED 108.25

Avg. /sqft (yr)

5

Rentals

AED 157K23.4% above this listing
29 May 2026 2 Bed 1,137 sqftAED 138/sqft
Rental Agreement
AED 131K3.4% above this listing
29 May 2026 2 Bed 1,137 sqftAED 115/sqft
Rental Agreement
AED 60K52.8% below this listing
29 May 2026 2 Bed 980 sqftAED 61/sqft
Rental Agreement
AED 83K35.0% below this listing
30 Dec 2025 2 Bed 912 sqftAED 91/sqft
Rental Agreement
AED 155K22.1% above this listing
30 Nov 2025 2 Bed 1,137 sqftAED 136/sqft
Rental Agreement

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).

Rental Cost Analysis

Monthly Rent

AED 10,583

Annual: AED 127,000

AED 112/sqft per year

AED 127,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 6,350
Agency Commission(5% of annual rent)
AED 6,350
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 14,920
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