DAMAC Hills 2 · Listing

Stunning 2BR | Open Plan | Balcony | Apartment in DAMAC Hills 2

AED 639,000

AED 744 per sqft

Permit Pending Verification

Stunning 2BR | Open Plan | Balcony | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
4mo ago
2
Beds
2
Baths
859
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Oliva, DAMAC Hills 2. This 859 sqft property offers excellent value at AED 639,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views96
Referencecdc7c2ab-11af-4d75-a46e-e0de9553853b

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

Deal Score™

AI-powered price analysis vs DLD transactions

5.5/ 10
Fair Price0.0% below market

At AED 744/sqft vs 744/sqft market average in DAMAC Hills 2, this listing is 0% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 744

DLD Market Avg

AED 744

Avg

AED 756,444

Median

AED 739,000

Range

639K–987K

DLD Benchmark
Property priceAED 639,000
DLD transfer fee (4%)AED 25,560
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 1,598
Agency commission (2%)AED 12,780
Total to acquireAED 683,138

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
7.98%
After charges
Estimated Rental Income
Monthly
AED 5,325
Annual
AED 63,900
Service Charge: AED 12,885/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average20.5% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,985

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 127,800)
5%80%
4.99%
2%8%
Property PriceAED 639,000
Loan AmountAED 511,200
Total InterestAED 384,434
Total Cost (Principal + Interest)AED 895,634

Estimated Upfront Costs

Down PaymentAED 127,800
DLD Registration (4%)AED 25,560
Agency Fee (2%)AED 12,780
Total UpfrontAED 166,140

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills 2

AED 703K

Avg. Price

AED 690.27

Avg. /sqft

5

Transactions

AED 726K13.7% above this listing
19 May 2026 2 Bed 922 sqftAED 788/sqft
Completed Sale
AED 670K4.8% above this listing
18 Feb 2026 2 Bed 1,007 sqftAED 665/sqft
Completed Sale
AED 647K1.3% above this listing
18 Feb 2026 2 Bed 993 sqftAED 652/sqft
Completed Sale
AED 760K19.0% above this listing
19 Jan 2026 2 Bed 1,152 sqftAED 660/sqft
Completed Sale
AED 713K11.5% above this listing
19 Jan 2026 2 Bed 1,038 sqftAED 687/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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