DAMAC Hills 2 · Listing

Spacious 1BR | Sea View | Fully Furnished | Apartment in DAMAC Hills 2

AED 496,000

AED 777 per sqft

Permit Pending Verification

Spacious 1BR | Sea View | Fully Furnished | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
4mo ago
1
Beds
1
Baths
638
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Oliva, DAMAC Hills 2. This 638 sqft property offers excellent value at AED 496,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views146
Referenceb87e3535-0380-4b36-aef7-435e9b3a67d1

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
Leaflet © Mapbox © OSM

Premium Property

Positioned above market average

This is a premium-positioned property in DAMAC Hills 2. Asking AED 777/sqft vs market average of AED 708/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
10%
Excellent Yield
Net Yield
8.07%
After charges
Estimated Rental Income
Monthly
AED 4,133
Annual
AED 49,600
Service Charge: AED 9,570/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average38.3% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,317

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 99,200)
5%80%
4.99%
2%8%
Property PriceAED 496,000
Loan AmountAED 396,800
Total InterestAED 298,403
Total Cost (Principal + Interest)AED 695,203

Estimated Upfront Costs

Down PaymentAED 99,200
DLD Registration (4%)AED 19,840
Agency Fee (2%)AED 9,920
Total UpfrontAED 128,960

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills 2

AED 454K

Avg. Price

AED 702.71

Avg. /sqft

5

Transactions

AED 422K14.9% below this listing
19 May 2026 1 Bed 564 sqftAED 749/sqft
Completed Sale
AED 492K0.8% below this listing
19 May 2026 1 Bed 720 sqftAED 683/sqft
Completed Sale
AED 482K2.8% below this listing
19 Apr 2026 1 Bed 661 sqftAED 729/sqft
Completed Sale
AED 567K14.3% above this listing
19 Jan 2026 1 Bed 797 sqftAED 711/sqft
Completed Sale
AED 306K38.3% below this listing
20 Dec 2025 1 Bed 477 sqftAED 641/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

1 BR apartment · DAMAC Hills 2

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