Rented · RRM Layout

The unit offers 1,700 sqft at AED 1.35 million, translating to AED 794 per sqft – roughly 37% under the district’s implied median of ~AED 1,260 per sqft. This pricing gap drives an internal gross yield estimate of 9.6%, well above the Dubai average of 5‑6% for comparable assets. The property is already rented, which cushions cash flow while the buyer can benefit from the immediate income stream. However, the internal risk index of 34 and a thin comparable sample (sampleSize 0) suggest limited market depth and potential challenges in resale liquidity. The 179‑day market exposure hints at a motivated seller, giving the buyer leverage to negotiate further below the already discounted price. The developer, Sapient Homes Properties, is not among the most established players in the market, adding a moderate developer‑credit risk. Service‑charge and management costs, together with typical vacancy, will likely reduce the net yield by 1‑2 percentage points, placing realistic net returns in the 7.5‑8.5% range. Investors should weigh the attractive gross return against the liquidity and credit considerations before committing.

Confirm the transaction details against the Dubai Land Department register before signing. Anchor the offer to the 37% price gap – i.e., target a price around AED 800 per sqft (≈AED 1.36 million) or lower, and use the 179‑day market time as leverage to request a further concession. Emphasise that the current price already reflects a substantial discount, so any reduction must be justified by verifiable DLD data.

Due to the absence of reliable data, the outlook for DAMAC Hills 2 remains uncertain. Investors should exercise caution and await more comprehensive market information. As more data becomes available, a clearer trend may emerge.