Upgraded 1BR | Premium Location | High ROI | Apartment in DAMAC Hills 2
AED 663,000

AED 886 per sqft

Permit Pending Verification

Upgraded 1BR | Premium Location | High ROI | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 110 days ago
1
Beds
1
Baths
748
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Mulberry Villas, DAMAC Hills 2. This 748 sqft property offers excellent value at AED 663,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views94
Referenceb9473683-6749-49e6-80d4-0bdb90433279

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 886/sqft vs market average of AED 708/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 886/sqft
Area benchmark unavailable
Asking priceAED 663,000
DLD transfer fee (4%)AED 26,520
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,533
Agency commission (2%)AED 13,260
Est. total transaction costAED 708,513

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 - 51% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 683,672 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
This PropertyAED 886/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
8.31%
After charges
Estimated Rental Income
Monthly
AED 5,525
Annual
AED 66,300
Service Charge: AED 11,220/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average17.6% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 3,098

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 132,600)
5%80%
4.99%
2%8%
Property PriceAED 663,000
Loan AmountAED 530,400
Total InterestAED 398,873
Total Cost (Principal + Interest)AED 929,273

Estimated Upfront Costs

Down PaymentAED 132,600
DLD Registration (4%)AED 26,520
Agency Fee (2%)AED 13,260
Total UpfrontAED 172,380

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 444K

Avg. Price

AED 695.09

Avg. /sqft

5

Transactions

AED 312K52.9% lower
17 Mar 2026 1 Bed 477 sqftAED 655/sqft
Completed Sale
AED 466K29.8% lower
17 Mar 2026 1 Bed 720 sqftAED 647/sqft
Completed Sale
AED 500K24.6% lower
16 Jan 2026 1 Bed 564 sqftAED 886/sqft
Completed Sale
AED 524K20.9% lower
16 Jan 2026 1 Bed 797 sqftAED 658/sqft
Completed Sale
AED 416K37.2% lower
17 Nov 2025 1 Bed 661 sqftAED 630/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