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
Listed 97 days 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
Views47
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

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.

Price Transparency

Estimate
This listing
AED 893/sqft
Area benchmark unavailable
Asking priceAED 823,000
DLD transfer fee (4%)AED 32,920
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,833
Agency commission (2%)AED 16,460
Est. total transaction costAED 878,413

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 - 50% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 836,254 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 2 BR apartment
This PropertyAED 893/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
8.32%
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

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 755K

Avg. Price

AED 706.29

Avg. /sqft

5

Transactions

AED 866K5.3% higher
15 Jan 2026 2 Bed 1,173 sqftAED 738/sqft
Completed Sale
AED 834K1.4% higher
16 Dec 2025 2 Bed 1,038 sqftAED 804/sqft
Completed Sale
AED 668K18.9% lower
16 Dec 2025 2 Bed 1,007 sqftAED 663/sqft
Completed Sale
AED 661K19.7% lower
16 Nov 2025 2 Bed 1,152 sqftAED 573/sqft
Completed Sale
AED 748K9.2% lower
16 Nov 2025 2 Bed 993 sqftAED 753/sqft
Completed Sale

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

Similar Properties

2-Bedroom apartment in DAMAC Hills 2