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
Listed 156 days 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
Views156
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

Deal Scoreâ„¢

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.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
AskingAED 654/sqft
DLD Market AvgAED 708/sqft

Price Transparency

Estimate
This listing
AED 654/sqft
Area benchmark unavailable
Asking priceAED 304,000
DLD transfer fee (4%)AED 12,160
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 860
Agency commission (2%)AED 6,080
Est. total transaction costAED 325,200

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 - 64% Below Market!

This property is priced significantly below the DAMAC Hills 2 average of AED 1800/sqft. You could save AED 532,890 compared to market rate.

Price per sqft comparisonDAMAC Hills 2 · 1 BR apartment
This PropertyAED 654/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
7.71%
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

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 455K

Avg. Price

AED 706.76

Avg. /sqft

5

Transactions

AED 525K72.6% higher
14 Feb 2026 1 Bed 661 sqftAED 794/sqft
Completed Sale
AED 551K81.2% higher
15 Jan 2026 1 Bed 720 sqftAED 765/sqft
Completed Sale
AED 476K56.7% higher
16 Dec 2025 1 Bed 797 sqftAED 598/sqft
Completed Sale
AED 418K37.5% higher
16 Nov 2025 1 Bed 564 sqftAED 741/sqft
Completed Sale
AED 303K0.3% lower
16 Nov 2025 1 Bed 477 sqftAED 636/sqft
Completed Sale

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

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