Properties for sale in Akoya

Property for sale in Damac Hills 2

The community used to be called Akoya Oxygen. Damac Properties is engaged in implementing this quarter and its overseas properties. It is located in a residential area of Dubailand. Various cosy studios, spacious apartments, huge villas, elite townhouses with different numbers of rooms, and other properties for sale in Damac Hills 2, Dubai, UAE, are available to buyers, investors, businessmen, and foreigners.

The complex’s infrastructure is well developed: for example, the community has saunas, children's playgrounds, shops, equipped gyms, fitness studios, spas, swimming pools, and other amenities for a comfortable life in Damac Hills 2 properties.

Most residential units in the area are put into operation with furniture and household appliances and are decorated by experienced designers. That is why customers do not need to waste time searching for beds and bedside tables, air conditioners, and refrigerators to move in their future housing.

Citizens of different countries prefer to buy real estate in Damac Hills 2 for investment and permanent residence. Many buyers purchase holiday accommodation in this location. In this case, there is no need to spend money on expensive apartment rentals.

Someone buys a residential property for moving to the permanent residence in this community. Investors are also interested in local residences because they have found highly liquid and profitable housing here.

Lifestyle in Damac Hills 2

People who appreciate a calm atmosphere and lead a healthy lifestyle choose this place to live here permanently.

The complex’s developed infrastructure allows residents of the district’s numerous communities to lead a sporty lifestyle. This residential complex is home to modern fitness studios, gym rooms, swimming pools, and treadmills.

Additionally, Damac Hills 2 has walking paths for residents who can always walk around in a peaceful and relaxed atmosphere in the fresh air without being distracted by trifles. Young mothers and their babies love walking here, too. Many residential complexes in the area are child-friendly: there are playgrounds and swimming pools for children.

Property prices in Damac Hills 2

The property cost in Damac Hills 2 starts at AED 359,905 (about $98,000). You can buy a 33 m² apartment with a living room and a bedroom for this amount.

A studio in the community can be purchased for at least AED 399,888 (about $108,900). The housing area is 40 m².

The lowest cost of a 3–bedroom flat with a living room and 2 bedrooms is AED 409,000 ($111,350). The area of the residence is 38 m².

5-bedoom apartments are available for at least AED 560,000 ($152,500). The size of the housing is 37 m².

The lowest price of a 69 m² townhouse is AED 616,000 ($167,700).

Villas with a different number of rooms are the most expensive real estate in Damac Hills 2. For example, you can buy a 1,115 m2 seven-bedroom house for AED 36 million (a bit over $9.8 million).

Real estate investment in Damac Hills 2

Investors appreciate the property in Dubai in the community. They know that the owners of the local villas, townhouses, apartments, and other highly liquid and profitable housing earn well. Landlords of apartments and villas in Dubai in this location have around 6.6% of the cost of a residence per year. You can calculate the approximate amount of potential income by knowing the exact cost of housing.

Experts recommend buying a property Damac Hills 2 and other gated communities, the entrance to which is strictly controlled, as the ROI in apartments in such complexes is 12–30% higher than in residential complexes with free access.

Moreover, foreigners can buy a local property for investment and permanent residence. If you plan to purchase a flat or a house to live in Dubai, or come to rest in the United Arab Emirates, and want to save up to 20% of the cost of the residence, you need to purchase off-plan housing.

If you want to make money on properties, you need to follow this strategy: you can buy an off-plan residence and sell it after putting the house into operation.

Some investors prefer to rent out their apartments first, and resell the property in a year or two. There is a reason for this strategy: for example, according to analysts, the cost of residential properties in Dubai will go up in 2023. Depending on the type of housing, the price increase will be from 5% to 20%. The owners of residences have the opportunity to first receive regular income from leasing, and then make good money on resale after a short period by investing some of this money in purchasing more expensive real estate.

Buy a property in Damac Hills 2 on Emirates.Estate

Specialists of a real estate agency will help a foreigner to buy a home in the community. Emirates.Estate contains the best offers from developers and agencies for the sale of houses and apartments in Dubai. Before contacting the realtor, you can have a closer look at some residences in the real estate market.

You can search for a residential unit by the following parameters: location, type of apartment, number of bedrooms and bathrooms, size of flat or house, primary or secondary housing, purchase by instalments or not, number of floors of the house, date of commissioning, distance to the nearest airport and the seashore, fully, partially furnished or unfurnished real estate, and with/without household appliances.

You can check the price of real estate for sale in Damac Hills 2 at Emirates.Estate. Almost all offers have prices in dollars and euros.

Foreigners have the opportunity to purchase real estate in Damac Hills 2 in installments or with a mortgage. Brokers and lawyers will competently guide the buyer through all stages of the transaction: from choosing flats to receiving keys. A foreign national can pick up a residence or buy an entire house in the complex while in another country. To do this, he first needs to call us at the phone numbers listed on the website or write in the feedback form.