Damac Hills 2
Located a bit more toward the desert, is the community Damac Hills 2 by developer Damac. This community is a mix of high-rise, low-rise, entertainment, residential, shopping, and recreation. This area is very attractive to migrants and their families.
General information
Damac Hills 2, located a 40-minute drive from Downtown Dubai and the Dubai Marinai, is a dynamic and thriving community . This yet unique project, developed by real estate developer Damac Properties, is a continuation of the success of Damac Hills 1.
The community of Damac Hills 2 includes a wide range of residential options, including luxury villas, townhouses and apartments, all designed with comfort, style and functionality in mind. Whether you are looking for a spacious villa with golf course views, a contemporary townhouse with modern amenities or an elegant apartment with panoramic views, Damac Hills 2 has something for everyone.
In addition to beautiful residential options, Damac Hills 2 offers a wide range of amenities and facilities that enhance residents' lives. From lush green parks and gardens to sports facilities, recreation centers, shopping and dining, the community is designed to meet all your needs and provide an extraordinary lifestyle.
One of the highlights of Damac Hills 2 is the Trump International Golf Club Dubai, an exclusive golf destination designed by legendary golf course architect Gil Hanse. This stunning golf course offers a challenging and immersive experience for golfers of all skill levels, amidst breathtaking scenery and lush green fairways.
With its prime location, luxurious amenities and beautiful living environment, Damac Hills 2 promises to be an ideal place to live, work and enjoy the good life. We do not see Damac Hills 2 as one of the best investment opportunities in Dubai but it is a great community to live in.
ROI and capital appreciation
The returns and value increases in Damac Hills 2 are not comparable to the areas around Downtown Dubai and the Dubai Marina, as the community is about a 40-minute drive from both hotspots.... The villas, townhouses, 2 and 3 bedroom apartments generate the best ROIs in this area. It is recommended to rent the properties for long-term. The 2-bedroom apartments are sold from €250,000 and the villas from €1,000,000.
Off-plan
New construction in this region will experience an increase in value of around 15% during the construction phase, which is often 3 years. Net rental yields on the initial investment will be between 3% and 6%. After completion, the value increase in this region will be around 5% per year.
Ready built
Existing construction in this region will experience an increase in value around 5% per year.