The Legends investment brief

Furnished | Spacious Layout | Prime Investment

DAMAC Hills · For sale
Listing reference104179-tkvcSdPermit number: 7116797443Public record updated: Not supplied

01 · Executive property snapshot

Asking priceAED 2,650,000
AreaDAMAC Hills
Property typeApartment
Bedrooms2
Internal size1,916 sq ft
Permit number7116797443
BuildingJasmine B
Bathrooms3
ReadinessReady

02 · Position within the current published area collection

Comparable published listings: 4
Asking priceAED 2,650,000

Published area median: AED 2,000,000

Above median · +32.5%
Price per sq ftAED 1,383

Published area median: AED 1,353

Near median · +2.3%
Internal size1,916 sq ft

Published area median: 1,468 sq ft

Above median · +30.5%

03 · Five-year illustrative scenario

Illustrative five-year profitAED 1,028,561

Five-year return on total cash: 36.6%

Assumed annual rentAED 185,000
Gross yield7%
Year-one net yield5%
Year-one net incomeAED 132,012
Illustrative value in year fiveAED 3,224,130

Scenario assumptions

Service charge
AED 18 / sq ft
Vacancy allowance
5%
Maintenance allowance
5%
Annual capital growth
4%
Annual rent growth
2%
Purchase costs
6%
Selling costs
2.5%

04 · Decision gates before commitment

01

Rental evidence

Validate achievable rent with relevant evidence, not asking prices alone.

02

Operating costs

Confirm service-charge statements, management, maintenance and finance costs.

03

Exit liquidity

Test who the likely future buyer is and the evidence behind the exit assumption.

The Legends publication verification

Permit reference, availability and approved media are present in the public listing record.

104179-tkvcSd

This brief uses current asking data and editable assumptions. It is not a valuation, transaction benchmark, investment advice, or a guarantee of rent, appreciation, liquidity or return. Every assumption requires verification before a decision.