Friday, May 24, 2024
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Being one of the Most Traded Properties in the UAE is The DAMAC Hills 2 Community.

The apartments in DAMAC Hills 2 are among the most traded properties in the United Arab Emirates, based on data from the Dubai Land Department (DLD).

The brainchild of DAMAC Properties, the leading developer in the United Arab Emirates, this 55 million-square-foot master complex offers residents and visitors a lifestyle that combines leisure, recreation, and scenic beauty. It also provides a unique perspective on communal living in Dubai. The community boasts an impressive 11,806-unit sales record, demonstrating its continued attraction to real estate buyers.

Villa residences are the most sought-after in DAMAC Hills 2, with a remarkable 22% rise over the three years from 2021 to 2023. Notably, the capital values of seven clusters within the community have grown by double digits over the last two years, showing steady expansion and demand. One of the most sought-after villa apartments in DAMAC Hills 2 is the Aquilegia cluster, which offers 3- and 6-bedroom configurations.

High net worth individuals are drawn to the enormous residences available in DAMAC Hills 2, with 6-bedroom villas being the most sought-after rental properties, closely followed by 3-bedroom villas. Similarly, two-bedroom flats have been in high demand, with their rental value rising by an amazing 44% in just three quarters.

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Friday, May 24, 2024

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