−4% Damac Hills (2) - Primrose
5 BR · Townhouse
About the building
Located in Damac Hills 2, completed in 2021.
Where it is
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 NP9-108124
How much is this 5-bedroom townhouse in Damac Hills (2) - Primrose?
Lot NP9-108124 is priced at AED 2 650 000, about $722 000. The listing does not state a size, so no price per square foot is given.
How much has the price of this lot been cut?
The price before the cut was AED 2 750 000; it is now AED 2 650 000 — AED 100 000 less, or 4%.
What are prices like in Damac Hills 2?
The database holds 25 lots in Damac Hills 2, starting from AED 680 000. The area median is AED 1 033 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 5 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 →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2021 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 530 000; a loan of AED 2 120 000 over 25 years at 3.75–4.99% a year comes to roughly AED 10 900–12 400 a month. A non-resident puts down from 40% (AED 1 060 000) and pays about AED 8 200–9 300 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 106 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. 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 2 650 000. 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 Damac Hills (2) - Primrose?
The developer is Damac. Completion year: 2021. 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 NP9-108124 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Damac Hills (2) - Primrose
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