Luxury Studio | City Views | Best Price | Apartment in DAMAC Hills 2
AED 306,000

AED 814 per sqft

Permit Pending Verification

Luxury Studio | City Views | Best Price | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
Listed 140 days ago
1
Beds
1
Baths
376
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Primrose, DAMAC Hills 2. This 376 sqft property offers excellent value at AED 306,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views99
Referencedfec46dc-b97a-4b34-80a6-4ceb74ea6de3

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 814/sqft vs market average of AED 708/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 814/sqft
Area benchmark unavailable
Asking priceAED 306,000
DLD transfer fee (4%)AED 12,240
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 864
Agency commission (2%)AED 6,120
Est. total transaction costAED 327,324

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 - 55% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 370,736 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
This PropertyAED 814/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
8.16%
After charges
Estimated Rental Income
Monthly
AED 2,550
Annual
AED 30,600
Service Charge: AED 5,640/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average62% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 1,430

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 61,200)
5%80%
4.99%
2%8%
Property PriceAED 306,000
Loan AmountAED 244,800
Total InterestAED 184,095
Total Cost (Principal + Interest)AED 428,895

Estimated Upfront Costs

Down PaymentAED 61,200
DLD Registration (4%)AED 12,240
Agency Fee (2%)AED 6,120
Total UpfrontAED 79,560

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 447K

Avg. Price

AED 685.2

Avg. /sqft

5

Transactions

AED 261K14.6% lower
15 Jan 2026 1 Bed 477 sqftAED 548/sqft
Completed Sale
AED 495K61.8% higher
15 Jan 2026 1 Bed 661 sqftAED 749/sqft
Completed Sale
AED 402K31.4% higher
16 Dec 2025 1 Bed 564 sqftAED 713/sqft
Completed Sale
AED 477K55.8% higher
16 Dec 2025 1 Bed 720 sqftAED 662/sqft
Completed Sale
AED 601K96.4% higher
16 Dec 2025 1 Bed 797 sqftAED 754/sqft
Completed Sale

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