Home / Properties / Violet

Violet

DAMAC Hills 2 (Akoya by DAMAC) , Dubai

AED 1,869,000
≈ AED 1,869,000
Free Residency Visa
Construction Progress70%
Bedrooms
4
Size
2,352 sqft
Price/Sqft
AED 795
Developer

Description

Violet is an upcoming residential project in DAMAC Hills 2 featuring an exquisite collection of 4-bedroom townhouses. The project by DAMAC Properties is the latest addition to the master community, surrounded by other sub-districts of DAMAC Hills 2. Each residence at Violet is designed to cater to diverse tastes and lifestyles.

The residences will feature spacious and attractive layouts, with expansive private gardens on the ground floor and flexible rooftop spaces. Besides the amenities available in these townhouses, residents will also have easy access to the three towns of the parent community; Water Town, Down Town and Sports Town, each offering a plethora of amenities and facilities.

Amenities & Features

Gym or Health Club
Kids Play Area
Nearby Shopping Malls

Property Details

Property TypeTownhouse
ProjectViolet
CommunityDAMAC Hills 2 (Akoya by DAMAC)
CompletionOff-Plan - Q2 2026
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 1,869,000
DLD Fee (4%)AED 74,760
Trustee FeeAED 4,200
Agency (2%)AED 37,380
Total InvestmentAED 1,985,340

Expected Annual Returns

Expected Annual RentAED 128,961
Service Charges (Est)-AED 35,280
Net Annual IncomeAED 93,681
Net Annual ROI4.7% (after expenses)
Payback Period21.2 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa26.2 km
Dubai Mall26 km
Dubai Airport (DXB)29.8 km
Mall of the Emirates24.2 km
Dubai Marina27.3 km