Studio Apartment for Sale in DAMAC Hills 1
AED 585,000
DAMAC Hills 1, Carson - The Drive
Studio
1 baths
407 sqft
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1 Bedroom Apartment for Sale in Artesia, DAMAC Hills 1
Damac Hills Studio | High ROI | Rented | Furnished
AED 610,000
Apartment for Sale | Artesia | DAMAC Hills 1, Dubai
Discover modern living in this elegant one-bedroom apartment nestled in Artesia, DAMAC Hills 1. Perfectly priced at AED 610,000, this property offers a harmonious blend of comfort and style in a prime location renowned for its sought-after community ambience.
Apartment
1 Bedrooms
1 Bathrooms
473 Sq FtProperty Location
Distance to Dubai Metro
Jumeirah Golf Estates Metro Station
Straight-line distance from this property
8.2 km
Travel Time from Artesia, DAMAC Hills 1
Calculate Your Mortgage Instantly!
Property Value
AED
Down Payment
AED
OR
%
Interest rate
%
Loan Duration
25 Years
You can own this property for as low as
AED2,522per month
ROI Calculator
Dubai Investment Analysis
1. Property & Purchase
Purchase Price
AED
Property Size
sq ft
Price per sq ft: AED 1,290
Financing Type
Down Payment %
%
Interest Rate
% p.a.
Loan Term
years
Down Payment
AED
Loan Amount
AED
2. One-Time Acquisition Costs
DLD Transfer Fee
%
Agency Commission (incl. 5% VAT)
%
Bank Arrangement / Processing Fee
%
Conveyancing / Legal (optional)
AED
DLD Transfer Fee: AED 24,400 · Agency Commission: AED 12,810 · DLD Admin: AED 580 · Trustee: AED 4,200 · Title Deed: AED 520 · NOC: AED 1,500 · Valuation: AED 3,000 · Mortgage Reg: 0.25% + AED 290
Total Acquisition CostsAED 53,400
3. Annual Rental Income
Gross Annual Rent
AED
Vacancy & Bad-Debt Allowance
%
4. Annual Operating Expenses
Service Charges
AED / sq ft
Property Management Fee
%
Maintenance & Repairs
%
Landlord / Building Insurance
AED
Mortgage Life + Property Insurance
%
Re-letting / Leasing Commission
%
Landlord-paid Utilities / Cooling
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Contingency / Other
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Total Operating ExpensesAED 11,206
5. Capital Growth
Expected Annual Price Appreciation
%
Your Returns
AED 1,290
Price / sq ft
AED 53,400
Total Acquisition
Monthly EMI
AED 2,576
Annual Mortgage Payment
AED 30,910
Interest — Year 1 (approx.)
AED 19,520
Total Interest over Loan Life
AED 284,753
Total Property Cost (price + interest + fees)
AED 948,153
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