Apartments and flats for sale in DAMAC Hills (Akoya by DAMAC)

Apartments for sale in Damac Hills

Apartments and flats in Damac Hills are suitable for those looking for both a comfortable living environment and a sound investment opportunity. Spanning 3.9 million m², the luxurious community features residential complexes, alongside amenities for shopping, sports, health, and leisure. It's an ideal setting for family life, boasting facilities like the CreaKids kindergarten and the renowned Jebel Ali School. Additionally, prestigious international universities like Middlesex University and the University of Wollongong have branches within a 20-minute drive in the Knowledge Park academy town. The Mediclinic Parkview is a short 15–20 minute drive away.

On-site amenities include the Damac Mall with its array of shops, restaurants, and a Spinneys supermarket. For entertainment, residents have access to the Malibu Bay artificial beach featuring a 2,295 m² wave pool, the Trump International Golf Club known as one of Dubai's finest, and a branded clubhouse complete with a gym, extensive swimming pool, and various dining options. The community also offers a 2,000 m² skate park, horse riding lessons at the stables, sports fields, cycling and running paths, gyms, large pools, and parks for pets.

The neigbourhood hosted the thrilling Gov Games 2024, and nature-inspired events like Damac Hills 2 – Natura offer fun-filled days for residents. The area also features sophisticated lounge bars, premium restaurants, and multiple entertainment venues.

With excellent transport links and close proximity to major highways, buying an apartment in Damac Hills is an attractive choice for both living and investment. Dubai airport is just a 32-minute drive away, and the area is well-served by buses and taxis.

The units, available both ready-made and under construction, range from studios to 1–4 bedrooms. Flats in Damac Hills often feature a large terrace or an expansive balcony, an equipped modern kitchen with high-quality appliances, rooms for drivers and maids, covered parking, and spaces for laundry and storage.

The opportunity to buy an apartment in DAMAC Hills provides access to a range of shared amenities:

• lush green spaces and gardens;
• retail outlets;
• community pools;
• fitness centers;
• playgrounds;
• security services;
• pet-friendly zones.

The availability of these amenities can vary between different complexes and can significantly influence the cost of apartments in DAMAC Hills.

Reasons for investing in an apartment in Damac Hills

Purchasing apartments in DAMAC Hills for investment can be a wise decision for several reasons:

• Prime location. It's close to major highways, providing easy access to the major attractions and business districts. It contributes to the strong demand from potential tenants.
• Quality of life. The community offers a high standard of living with its luxurious apartments, green spaces, and a range of amenities such as gyms, fitness centers, swimming pools, and retail outlets.
• Strong demand. There's a strong demand for properties, both for rent and purchase. This can lead to a steady income stream if you're planning to rent out the real estate and benefits from rental apartment prices in DAMAC Hills. Rental cost of studios in the area begins at AED 32,000 annually, with 1-bedroom apartments starting at approximately AED 36,000. For the owners of larger spaces, 2-bedroom flats are available between AED 110,000 and AED 150,000. 3-bedroom apartments are priced from AED 180,000 to AED 210,000.
• Respectively, studios have the ROI of 6.87%, 1-bedrooms 6.65%, 3-bedrooms 7.93%, and 4-bedroom apartments yield the highest 8.71%.
• Capital appreciation. Given the prime location and high demand, flats for sale in DAMAC Hills have the potential for significant capital appreciation over time. It is profitable to buy a flat in Damac Hills for expats during the construction phase and resell it profitably after completion. The off-plan apartments in the community have risen in price by 29.8% compared to 2023. Overall, the ready-made property faced the price growth and became more expensive by 34.5%.

Buying apartments in Damac Hills

The platform showcases the latest apartments and villas in Dubai, featuring properties from leading developers and accredited agencies across the UAE. With intuitive filters, users can effortlessly sift through and compare various properties to find their ideal match. We offer up-to-date investment insights and expert recommendations, aimed at assisting foreigners in selecting and purchasing an apartment for sale in Damac Hills. Additionally, the content is available in multiple languages, enhancing the browsing experience and simplifying the decision-making process for overseas buyers.