DAMAC HILLS (2) - AMARGO

Mature

DeveloperFRONT LINE INVESTMENT MANAGEMENT L.L.C

CommunityDAMAC HILLS 2

AreaMadinat Hind 4

Started

8 years 10 months ago12-03-2017

Handover

3 years 1 month ago25-12-2022

Status

CompleteFinished

Project Description

Project consists of a cluster of 398 freehold G+1F+R villas located in Yufrah 2 Area. The villas are designed to have a concrete structure and block with internal and external finishes

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline

Stable

+1%

Growth

Current:AED 1,089/sqft

Last 12M:AED 1,080/sqft

Momentum: Last 12Mvs Prior Year

Rising

+15%

Growth

Last 12M:AED 1,080/sqft

Prior Year:AED 942/sqft

Community Compare: Last 90DDAMAC HILLS 2

Premium

+26%

Above Avg

Project:AED 1,093/sqft

Community:AED 870/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

34Sold (Last 12M)

Layouts & Units (397)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Land	Inventory 0units	Size Range 604-3,092sqft	Price Range AED 720K - AED 2.0M	Avg PSF 823	Sales 137	Trend —

Grouped into 1 asset classes covering 397 units