Damac Hills - Artesia in Damac Hills - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Damac Hills - Artesia

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	43	13,556	585,000
3	153	13,140	2,015,000

Rents in Damac Hills - Artesia

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	43	1,104	47,854
1	76	1,072	81,500
2	115	899	103,333

The cap rate (rental yield) of investments into Damac Hills - Artesia project is 7.5% on average.

The price of an apartment in Damac Hills - Artesia is 13,231 AED/sqm on average.

The long term rent of an apartment in Damac Hills - Artesia is 1,019 AED/sqm/year on average.

Price for completed Studio apartment in Damac Hills - Artesia is 585,000 AED or 13,556 AED/sqm.
Price for completed 3 bedroom apartment in Damac Hills - Artesia is 2,015,000 AED or 13,140 AED/sqm.

Rent for Studio apartment in Damac Hills - Artesia is 47,854 AED or 1,104 AED/sqm.
Rent for 1 bedroom apartment in Damac Hills - Artesia is 81,500 AED or 1,072 AED/sqm.
Rent for 2 bedroom apartment in Damac Hills - Artesia is 103,333 AED or 899 AED/sqm.

About Damac Hills - Artesia

'Damac Hills - Artesia' in 'Damac Hills' area project description

Damac Hills - Artesia is a luxurious residential development located in the heart of Dubai, UAE. The project is developed by Damac Properties, one of the leading real estate companies in the region. The project offers a wide range of residential units, ranging from studio apartments to four-bedroom villas. All the units are designed with modern amenities and facilities to provide a comfortable and luxurious living experience.

The project is located in the prestigious Dubailand area, which is home to some of the most iconic landmarks in the city. It is surrounded by lush green landscapes, making it an ideal place for those looking for a peaceful and tranquil living environment. The project is also close to some of the major attractions in the city, such as the Dubai Miracle Garden, the Dubai Mall, and the Dubai Marina.

The project offers a range of amenities and facilities to its residents, such as a swimming pool, a gym, a spa, a kids' play area, and a retail center. The project also has a 24-hour security system to ensure the safety and security of its residents.

The project is also close to some of the major business hubs in the city, such as the Dubai International Financial Center and the Dubai Internet City. This makes it an ideal place for those looking to invest in the city.

Overall, Damac Hills - Artesia is an ideal place for those looking for a luxurious living experience in the heart of Dubai. With its modern amenities and facilities, it is sure to provide its residents with a comfortable and luxurious lifestyle.

Q&A on Damac Hills - Artesia

What are the advantages of 'Damac Hills - Artesia' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Damac Hills - Artesia is located in the heart of Dubai, close to major attractions such as the Dubai Mall, Burj Khalifa, and the Dubai Marina. This makes it an ideal location for real estate buyers looking for convenience and easy access to the city’s attractions.

2. Luxury Amenities: Damac Hills - Artesia offers a range of luxury amenities such as a golf course, swimming pools, gyms, and spas. This makes it an attractive option for real estate buyers looking for a luxurious lifestyle.

3. Affordable Prices: Despite its prime location and luxury amenities, Damac Hills - Artesia offers competitive prices, making it an attractive option for real estate buyers on a budget.

4. High Rental Yields: Damac Hills - Artesia offers high rental yields, making it a great investment option for real estate buyers looking to generate an income from their property.

5. High Resale Value: Damac Hills - Artesia offers high resale value, making it an attractive option for real estate buyers looking to make a profit from their investment.

What projects are better than 'Damac Hills - Artesia' project in Dubai which are located close by, and why?

Akoya Oxygen (Damac Hills 2)
- Larger in scale, offering a greater variety of amenities and facilities.
- Features a wider range of villas, townhouses, and apartments.
- Eco-friendly infrastructure focusing on sustainability.

Arabella Townhouses (Mudon)
- Better community feel with numerous parks and green spaces.
- Proximity to key locations in Dubai.
- Established amenities with schools, healthcare, and retail outlets.

Arabian Ranches
- Higher reputation for luxury living with top-notch amenities.
- Extensive range of recreational options including golf courses, tennis courts, and equestrian centers.
- Well-established community with schools and shopping centers.

Victory Heights (Dubai Sports City)
- Integrated into Dubai Sports City, offering numerous sports facilities.
- Family-friendly environment with parks, schools, and healthcare nearby.
- Excellent build quality and extensive green spaces.

Jumeirah Golf Estates
- Exclusive residential community with high-end properties.
- World-class golf courses and facilities.
- High level of security and privacy.

Town Square
- Comprehensive development with a self-contained layout.
- Affordable pricing with a variety of property types.
- Abundant amenities including retail outlets, parks, and entertainment options.

Tilal Al Ghaf
- Integrated lagoon and beach concept, offering unique lifestyle experiences.
- Focus on sustainability and community living.
- Wide range of residential options with high-end finishes.