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
Listed 110 days 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
Views91
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

Deal Scoreâ„¢

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.

Price per sqft comparisonDAMAC Hills 2 · 2 BR apartment
AskingAED 744/sqft
DLD Market AvgAED 744/sqft

Price Transparency

Estimate
This listing
AED 744/sqft
Area benchmark unavailable
Asking priceAED 639,000
DLD transfer fee (4%)AED 25,560
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,488
Agency commission (2%)AED 12,780
Est. total transaction costAED 683,028

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 - 59% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 907,104 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 2 BR apartment
This PropertyAED 744/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
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

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 780K

Avg. Price

AED 765.68

Avg. /sqft

5

Transactions

AED 866K35.5% higher
16 Mar 2026 2 Bed 1,038 sqftAED 834/sqft
Completed Sale
AED 732K14.5% higher
14 Feb 2026 2 Bed 922 sqftAED 794/sqft
Completed Sale
AED 786K23.0% higher
14 Feb 2026 2 Bed 1,007 sqftAED 781/sqft
Completed Sale
AED 773K20.9% higher
15 Jan 2026 2 Bed 1,152 sqftAED 671/sqft
Completed Sale
AED 744K16.4% higher
16 Nov 2025 2 Bed 993 sqftAED 749/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