DAMAC Hills 2 · Listing

Luxury 3BR | Corner Unit | Vacant | Apartment in DAMAC Hills 2

AED 1,343,000

AED 753 per sqft

Permit Pending Verification

Luxury 3BR | Corner Unit | Vacant | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
5mo ago
3
Beds
3
Baths
1,783
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Pelham, DAMAC Hills 2. This 1783 sqft property offers excellent value at AED 1,343,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views60
Referencec2aefd2a-4fbe-4618-9aba-43b6944f2a6e

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

Pelham

· DAMAC Hills 2
Leaflet © Mapbox © OSM

Deal Score™

AI-powered price analysis vs DLD transactions

6.4/ 10
Good Value5.9% below market

At AED 753/sqft vs 801/sqft market average in DAMAC Hills 2, this listing is 6% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 753

DLD Market Avg

AED 801

Avg

AED 1,311,800

Median

AED 1,388,500

Range

1000K–1643K

DLD Benchmark
Property priceAED 1,343,000
DLD transfer fee (4%)AED 53,720
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 3,358
Agency commission (2%)AED 26,860
Total to acquireAED 1,431,138

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 4 rental comparables in DAMAC Hills 2

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
8.01%
After charges
Estimated Rental Income
Monthly
AED 11,192
Annual
AED 134,300
Service Charge: AED 26,745/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average67% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 6,275

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 268,600)
5%80%
4.99%
2%8%
Property PriceAED 1,343,000
Loan AmountAED 1,074,400
Total InterestAED 807,973
Total Cost (Principal + Interest)AED 1,882,373

Estimated Upfront Costs

Down PaymentAED 268,600
DLD Registration (4%)AED 53,720
Agency Fee (2%)AED 26,860
Total UpfrontAED 349,180

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills 2

AED 1.19M

Avg. Price

AED 818.69

Avg. /sqft

5

Transactions

AED 1.38M2.7% above this listing
19 May 2026 3 Bed 1,660 sqftAED 831/sqft
Completed Sale
AED 1.22M9.2% below this listing
19 Apr 2026 3 Bed 1,415 sqftAED 862/sqft
Completed Sale
AED 1.25M6.6% below this listing
20 Mar 2026 3 Bed 1,405 sqftAED 893/sqft
Completed Sale
AED 1.15M14.5% below this listing
19 Jan 2026 3 Bed 1,395 sqftAED 823/sqft
Completed Sale
AED 937K30.2% below this listing
20 Dec 2025 3 Bed 1,368 sqftAED 685/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

3 BR apartment · DAMAC Hills 2

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