Violet 1
4 BR · Villa
About the building
Located in Damac Hills 2.
What the building has
- Park and landscaping
Where it is
The pin is placed by project — accurate to the development, not the door.
Damac Hills 2
Formerly Akoya Oxygen: a very large, very affordable community a long way out, with amenity that surprises people.
- highest villa yields
- lowest entry price for a house
- remote workers
What to check: Drive the route to wherever you or your tenant would actually work, at the time you would drive it. The distance is the whole trade here, and it is the single fact that determines whether this community works for you.
Full district guide →Questions and answers about lot NP7-513879
How much is this 4-bedroom villa in Violet 1?
Lot NP7-513879 is priced at AED 2 000 000, about $545 000. The size is 2 352 sq ft (219 m²), which works out at AED 850 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Violet 1?
The database holds 2 lots in Violet 1 right now, all at AED 2 000 000. 2 of them share this type and bedroom count: this lot is the cheapest.
Is this expensive or cheap for Damac Hills 2?
The database holds 17 lots in Damac Hills 2, starting from AED 660 000. The area median is AED 1 205 per sq ft; this lot, at AED 850, is 29% below it. 2 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Damac Hills 2 area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 400 000; a loan of AED 1 600 000 over 25 years at 3.75–4.99% a year comes to roughly AED 8 200–9 300 a month. A non-resident puts down from 40% (AED 800 000) and pays about AED 6 200–7 000 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 80 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Violet 1?
The project has 526 units. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP7-513879 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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