DAMAC Hills 2 · Listing

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
5mo 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
Views104
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

Primrose

· DAMAC Hills 2

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.

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

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills 2

AED 430K

Avg. Price

AED 667.38

Avg. /sqft

5

Transactions

AED 433K41.6% above this listing
19 Apr 2026 1 Bed 564 sqftAED 768/sqft
Completed Sale
AED 470K53.5% above this listing
19 Apr 2026 1 Bed 720 sqftAED 652/sqft
Completed Sale
AED 464K51.7% above this listing
19 Apr 2026 1 Bed 661 sqftAED 702/sqft
Completed Sale
AED 275K10.2% below this listing
19 Jan 2026 1 Bed 477 sqftAED 576/sqft
Completed Sale
AED 509K66.2% above this listing
20 Dec 2025 1 Bed 797 sqftAED 638/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).

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