DAMAC Hills 2 · Listing

Large Layout | Panoramic Views | Exclusive | Apartment in DAMAC Hills 2

AED 823,000

AED 893 per sqft

Permit Pending Verification

Large Layout | Panoramic Views | Exclusive | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
4mo ago
2
Beds
2
Baths
922
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Oliva, DAMAC Hills 2. This 922 sqft property offers excellent value at AED 823,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views51
Referencebe8286b5-c0db-4666-b06d-5fa14b1c2bd5

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 893/sqft vs market average of AED 744/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
8.32%
After charges
Estimated Rental Income
Monthly
AED 6,858
Annual
AED 82,300
Service Charge: AED 13,830/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average2.3% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 3,845

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 164,600)
5%80%
4.99%
2%8%
Property PriceAED 823,000
Loan AmountAED 658,400
Total InterestAED 495,132
Total Cost (Principal + Interest)AED 1,153,532

Estimated Upfront Costs

Down PaymentAED 164,600
DLD Registration (4%)AED 32,920
Agency Fee (2%)AED 16,460
Total UpfrontAED 213,980

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills 2

AED 762K

Avg. Price

AED 709.83

Avg. /sqft

5

Transactions

AED 915K11.1% above this listing
20 Mar 2026 2 Bed 1,173 sqftAED 780/sqft
Completed Sale
AED 734K10.8% below this listing
18 Feb 2026 2 Bed 1,152 sqftAED 638/sqft
Completed Sale
AED 677K17.7% below this listing
19 Jan 2026 2 Bed 1,007 sqftAED 672/sqft
Completed Sale
AED 694K15.7% below this listing
19 Jan 2026 2 Bed 993 sqftAED 698/sqft
Completed Sale
AED 790K4.0% below this listing
20 Dec 2025 2 Bed 1,038 sqftAED 761/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

2 BR apartment · DAMAC Hills 2

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