DAMAC properties under AED 2 million
AED 2 million is the property value that qualifies an owner for the 10 year UAE Golden Visa, which makes it the most searched budget in Dubai. Projects below start at or under it.
7 DAMAC projects currently start under AED 2M, across Damac Hills, Damac Hills 2, Damac Lagoons, Damac Riverside. Prices are the developer's current starting price for the project; the price of a specific unit depends on floor, view and size.
Damac Lagoons Views Phase 3
Valencia
Damac Riverside Views
Damac District
Elo 2 and 3 Damac
Elo Damac
Golf Greens
What else affects the number
Payment plan
Off-plan homes are paid in stages, so the cash needed at booking is a fraction of the price. See DAMAC payment plans.
Fees on top
Dubai Land Department registration is 4% of the price plus admin fees. Budget for it separately; it is not included in any figure on this page.
Rental yield
Lower budgets usually sit in communities with higher gross yields. The ranges are on the rental yields page.