Property Prices in DAMAC Hills 2 — Q1 2026
Comprehensive price data, rental yields, and buying cost analysis for DAMAC Hills 2, Dubai. Updated Q1 2026.
Data updated: Q1 2026 | Source: DLD, DAMAC
Price / sqft
AED 900–1’300
Rental Yield
6–8%
1BR Price
AED 500K–800K
2BR Price
AED 800K–1.4M
Price Overview by Property Type
Estimated prices per square foot for each property type available in DAMAC Hills 2, based on current market data.
| Property Type | Price / sqft | Est. Yield | Configurations |
|---|---|---|---|
| Apartments | AED 900–1’300 | 6–8% | Studio1 Bedroom2 Bedroom3 Bedroom |
| Villas | AED 1’170–1’690 | 5.2–7.2% | 3 Bedroom4 Bedroom5 Bedroom6+ Bedroom |
| Townhouses | AED 990–1’430 | 5.7–7.7% | 2 Bedroom3 Bedroom4 Bedroom |
Buying Cost Breakdown
All costs associated with purchasing a property in DAMAC Hills 2. Example based on a 1BR at AED 500’000.
| Cost Item | Rate | Amount (AED) |
|---|---|---|
| DLD Registration Fee | 4% | 20’000 |
| Agency Commission | 2% | 10’000 |
| NOC Fee | Fixed | 5’000 |
| Trustee Office Fee + VAT | Fixed | 4’410 |
| Mortgage Registration (if applicable) | 0.25% | 1’250 |
| Total Buying Costs | ~7–8% | 39’410 |
Rental Yield Analysis
Higher than the Dubai average of 5.5%. DAMAC Hills 2 offers exceptional yields, ranking among the top-performing areas.
Key Market Indicators
Property Prices FAQ — DAMAC Hills 2
What is the average property price in DAMAC Hills 2?
As of Q1 2026, the average property price in DAMAC Hills 2 ranges from AED 900 to AED 1’300 per square foot. A typical 1-bedroom apartment costs AED 500K–800K, while a 2-bedroom unit is priced at AED 800K–1.4M. These prices reflect current market conditions in Dubai's affordable segment.
Are prices rising or falling in DAMAC Hills 2?
DAMAC Hills 2 has shown consistent price growth in recent years, driven by strong demand from international buyers and limited supply in Dubai's prime areas. With an average price of AED 1’100/sqft, DAMAC Hills 2 remains competitive within the affordable segment. Consult our market reports for the latest quarterly trends and forecasts.
What is the rental yield in DAMAC Hills 2?
The gross rental yield in DAMAC Hills 2 ranges from 6% to 8%, with an average of approximately 7%. This is higher than the Dubai average of 5.5%, making DAMAC Hills 2 an attractive option for yield-focused investors. Net yields are typically 1–1.5% lower after accounting for service charges and maintenance.
What are the buying costs in DAMAC Hills 2?
Total buying costs in DAMAC Hills 2 typically add 7–8% to the purchase price. This includes the Dubai Land Department (DLD) registration fee of 4%, agency commission of 2%, NOC fee of AED 500–5,000, trustee office fee of AED 4,000–4,200 + VAT, and mortgage registration (if applicable) of 0.25%. There is no property tax or capital gains tax in the UAE.
Is DAMAC Hills 2 good for investment?
DAMAC Hills 2 offers 6–8% rental yields, freehold ownership for all nationalities, and a tax-free environment. The high yields make it excellent for income-focused investors.
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