DAMAC Hills 2 · Listing

Bright Studio | Open Kitchen | Great Investment | Apartment in DAMAC Hills 2

AED 304,000

AED 654 per sqft

Permit Pending Verification

Bright Studio | Open Kitchen | Great Investment | Apartment in DAMAC Hills 2

DAMAC Hills 2, Dubai
6mo ago
1
Beds
1
Baths
465
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Oliva, DAMAC Hills 2. This 465 sqft property offers excellent value at AED 304,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views161
Referencee8f52d9c-e5f4-41cf-b366-b950cf785d59

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

6.7/ 10
Good Value7.7% below market

At AED 654/sqft vs 708/sqft market average in DAMAC Hills 2, this listing is 8% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 654

DLD Market Avg

AED 708

Avg

AED 446,846

Median

AED 457,000

Range

282K–663K

DLD Benchmark
Property priceAED 304,000
DLD transfer fee (4%)AED 12,160
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 760
Agency commission (2%)AED 6,080
Total to acquireAED 327,200

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
7.71%
After charges
Estimated Rental Income
Monthly
AED 2,533
Annual
AED 30,400
Service Charge: AED 6,975/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average62.2% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 1,420

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 60,800)
5%80%
4.99%
2%8%
Property PriceAED 304,000
Loan AmountAED 243,200
Total InterestAED 182,892
Total Cost (Principal + Interest)AED 426,092

Estimated Upfront Costs

Down PaymentAED 60,800
DLD Registration (4%)AED 12,160
Agency Fee (2%)AED 6,080
Total UpfrontAED 79,040

Recent Apartment Transactions

Similar apartments sold in DAMAC Hills 2

AED 408K

Avg. Price

AED 628.2

Avg. /sqft

5

Transactions

AED 245K19.3% below this listing
19 May 2026 1 Bed 477 sqftAED 514/sqft
Completed Sale
AED 450K48.2% above this listing
19 Apr 2026 1 Bed 720 sqftAED 626/sqft
Completed Sale
AED 423K39.3% above this listing
19 Apr 2026 1 Bed 661 sqftAED 640/sqft
Completed Sale
AED 392K28.9% above this listing
18 Feb 2026 1 Bed 564 sqftAED 695/sqft
Completed Sale
AED 531K74.6% above this listing
19 Jan 2026 1 Bed 797 sqftAED 666/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

1 BR apartment · DAMAC Hills 2

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