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
Listed 119 days 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
Views57
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

Deal Scoreâ„¢

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.

Price per sqft comparisonDAMAC Hills 2 · 3 BR apartment
AskingAED 753/sqft
DLD Market AvgAED 801/sqft

Price Transparency

Estimate
This listing
AED 753/sqft
Area benchmark unavailable
Asking priceAED 1,343,000
DLD transfer fee (4%)AED 53,720
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 2,808
Agency commission (2%)AED 26,860
Est. total transaction costAED 1,430,588

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 - 58% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 1,866,801 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 3 BR apartment
This PropertyAED 753/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
8.01%
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

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 1.17M

Avg. Price

AED 805.41

Avg. /sqft

5

Transactions

AED 961K28.5% lower
15 Jan 2026 3 Bed 1,395 sqftAED 689/sqft
Completed Sale
AED 1.18M12.1% lower
15 Jan 2026 3 Bed 1,415 sqftAED 834/sqft
Completed Sale
AED 1.43M6.7% higher
15 Jan 2026 3 Bed 1,660 sqftAED 864/sqft
Completed Sale
AED 1.37M2.0% higher
16 Dec 2025 3 Bed 1,405 sqftAED 975/sqft
Completed Sale
AED 911K32.2% lower
16 Nov 2025 3 Bed 1,368 sqftAED 666/sqft
Completed Sale

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

Similar Properties

3-Bedroom apartment in DAMAC Hills 2