For sale

Four-bedroom villa at Verona, Damac Hills 2

Verona, Damac Hills 2, Dubai

AED 2,300,000

AED 1,144 per sq.ft

4 Bed

Bedrooms

Bathrooms

2,011

Sq.ft

Off-plan

Status

About this property

Beyond Bloom Real Estate LLC is excited to present a harmonious blend of tranquility and convenience in Verona, Damac Hills 2. Located away from the city's hustle and bustle yet strategically positioned with access to four major highways, including the Umm Suqeim Expressway, this community offers seamless connectivity to various parts of Dubai. Just 30 minutes from Dubai Mall, Business Bay, and the airport, Damac Hills 2 ensures you’re always close to the vibrant heart of the city.

Discover the serene yet vibrant lifestyle that Verona, Damac Hills 2 offers. Embrace the beauty of a well-planned community with world-class.

Property details

Reference: BBRE-S-034
Type: Villa
Purpose: For sale
Status: Off-plan
Bedrooms: 4 Bed
Bathrooms: 4
Built-up area: 2,011 sq.ft
Furnishing: Unfurnished

This advert is registered with the Dubai Land Department. Check its permit on Trakheesi, which opens the DLD’s own record for this listing.

Amenities

Balcony
Barbecue Area
Built in Wardrobes
Central A/C
Covered Parking
Maids Room
Pets Allowed
Shared Pool
Security
Shared Gym
Maid Service
Walk-in Closet
Children's Play Area
Children's Pool
Vastu-compliant

Comparable transactions

We say we price on evidence. This is the evidence.

The evidence behind this price

Not enough like-for-like evidence to quote a median

Nothing of this type and size has traded in this community in the last twelve months. Ask us and we will send the wider evidence we hold, including the units that did not make this cut and why.

Location

What would it cost to finance?

Residents can usually borrow up to 80% on a first property under AED 5m. Non-residents are capped nearer 50–60%, move the deposit slider to your real position before you plan around the monthly figure.

Mortgage estimate

AED 9,968 / month

Down payment20% · AED 460K

Interest rate4.25%

Term25 years

This would be a second or investment property

Expat buyers are capped at 80% loan to value on a first home at or under AED 5m, so 20% is the least you can put down. Off-plan is capped at 50% whatever the price. The deposit has to be your own funds.

Loan amount: AED 1,840,000
Total interest: AED 1,150,394
Total repayable: AED 2,990,394

Costs of financing, on top of the purchase costs

Mortgage registration (0.25% of the loan + AED 290): AED 4,890
Bank arrangement (about 1% of the loan, usually capped): AED 10,500
Bank valuation: about AED 3,150
Add to your cash: AED 18,540

Will a bank lend it to you?

Monthly income, AEDExisting monthly repayments

Indicative only. Actual terms depend on the lender, your profile and current rates. Our mortgage desk can get you pre-approved before you negotiate.

Your consultant

Prakriti Hingorani

Client Manager

BRN 65499

Enquire about this property

Book a viewing

Transaction costs, roughly

DLD transfer (4% + admin): AED 92,600
Agency commission (2% + VAT): AED 48,300
Registration trustee fee: AED 4,200
Cash on top of the price, buying outright: AED 145,100

Indicative, and this total assumes you are not borrowing. A mortgage adds registration at 0.25% of the loan plus AED 290, a bank arrangement fee of about 1% of the loan, and a valuation of roughly AED 3,150. The mortgage estimate above totals those for you. Your 10% MOU deposit is held by the DLD-licensed registration trustee, not by us.

Yield

We hold no lettings of this type and size in this community, so any yield we printed would be borrowed from a different kind of unit. Ask us and we will go and pull the comparable lettings properly.