You can buy a villa in Damac Hills starting from AED 1.9 million (≈ USD 518,000). Apartments start at AED 700,000 (≈ USD 191,000). The minimum down payment in Damac Hills is 10%, and mortgages are available for non-residents.
Emirati and international banks (Emirates NBD, ADCB, Mashreq) offer mortgages for Damac properties, even for non-residents. Developer installment plans for 3–5 years are also available.
Rental yields in Damac Hills reach up to 8% annually. High demand for housing in the golf community ensures strong occupancy rates for both short- and long-term rentals.
Real estate in Damac Hills is highly liquid: properties are easy to sell and resell thanks to developed infrastructure, the developer’s brand, and the area's popularity among tenants and investors.
Buying property in Dubai as a CIS citizen is simple – no residency is required, only a foreign passport. Transactions can be completed remotely, and payment can be made from abroad.
Our agency provides full support at every stage: from selecting a property to registering ownership. We explain all the details, potential pitfalls, and assist with installment plans or mortgages.
Pros
- High ROI on properties in Damac Hills. Ranging from 6% to 8% annually. Steady rental demand, especially for villas and golf-view apartments.
- Price growth forecast. Experts predict an 8–12% increase in 2025 due to the area's active development and the Damac brand.
- Flexible investment formats. Earn income from rentals (passive income) and resale with capital appreciation.
- Well-developed infrastructure. Schools, parks, a golf club, shops, and playgrounds make the area attractive for tenants.
- Low entry threshold. Apartments from $191,000, villas from $518,000. Installments and non-resident mortgages available.
Risks
- Paying extra for the brand. Price per m² is higher compared to lesser-known areas.
- Price fluctuations. In case of market slowdown, a quick resale may lead to losses.
- Landlord competition. Especially in the studio and 1-bedroom segment—choosing the right layout and view is crucial.
- Service charges. Ongoing maintenance fees may impact net rental returns.
Renting vs. Resale in Damac Hills:
- Renting. Provides stable passive income, especially with long-term leases. Suitable for ROI-focused investors.
- Resale. Profitable during market growth. In 2025, limited availability of ready villas may drive prices up.
Yes, especially if you’re looking for a balanced asset with returns higher than bank rates and consistent demand.
Contact Bonadomus Real Estate – we’ll help you choose a property, handle the transaction, calculate returns, and secure a favorable mortgage.
Pros:
- Safe, gated community. Ideal for family living.
- Green environment. Parks and golf courses create a cozy and private atmosphere.
- Well-planned infrastructure. Schools, parks, sports facilities, restaurants, and shops.
- Convenient access to key Dubai areas. Around 20–25 minutes to Downtown and the beaches.
- Wide range of property types. From studios to luxury villas — for various goals and budgets.
- Investment appeal. High ROI (up to 8% per year), steady rental demand, and projected 8–12% price growth in 2025.
Cons:
- Distance from the city center and coast. Important for those seeking an active urban lifestyle.
- Above-average prices. Due to the renowned brand and developed infrastructure.
- Possible price fluctuations. If demand falls, there may be pressure in the affordable housing segment.
- Service charges. Fees for community maintenance can reduce net returns.
Can I get a residency visa by purchasing property in Damac Hills?
Yes. When buying a property worth AED 2 million (~USD 545,000) or more, you’re eligible for a 10-year UAE Golden Visa. For properties below that amount, a 2-year investor visa is available. We assist our clients at every step of the transaction process.