Amargo 2

P1 — Delivered Off-Plan Primary
Developer Damac Properties
Community Damac Hills 2
Property type Villa
Data updated Nov 27, 2025

Amargo 2 is a Delivered development by Damac Properties in Damac Hills 2. 102 units across 3 Bedroom (100%). Over the trailing 12 months, 131 sales at a median of AED 1,765,000.

Key Metrics
Median Price
Value
AED 1,765,000
Change
15.7% YoY
Transactions
Value
131
Change
10 in period
Price / sqft
Value
AED 859
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,765,000
↑ 15.7% YoY
Transactions
131
↑ 10 in period
Price / sqft
AED 859
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
14.4%
Community avg
Holding Period
Value
2.1 yrs
Community avg
Liquidity
Value
9.5%
Ready Market Mix
Value
20.0%
Rental Activity
Value
36.2%
Capital Return
14.4%
Community avg
Holding Period
2.1 yrs
Community avg
Liquidity
9.5%
Ready Market Mix
20.0%
Rental Activity
36.2%

Rental Performance

Rental Volume
Value
96
Avg Annual Rent
Value
AED 109,407
New Leases
Value
76.0%
Renewals
Value
24.0%
Rental Volume
96
Avg Annual Rent
AED 109,407
New Leases
76.0%
Renewals
24.0%

Unit Mix

By bedroom type
3 Bedroom 102 units · 100%

Transaction Breakdown

All time — 131 transactions
Off-Plan Primary
103
Off-Plan Secondary
6
Ready Primary
2
Ready Secondary
20

Price History

Median Price — Amargo 2

Median prices in Amargo 2 have softened, declining 4% to AED 1.7M over the past 5 months.

Recent Transactions

Showing last 10 of 131
Date Type Price (AED) Size (sqft) AED/sqft
Nov 27, 2025 RP Primary 1,750,000 2,065 847
Nov 25, 2025 RP Secondary 1,690,000 2,010 840
Nov 14, 2025 RP Secondary 1,700,000 2,010 845
Oct 24, 2025 RP Secondary 1,965,000 2,065 951
Oct 15, 2025 RP Secondary 1,860,000 2,010 925
Aug 27, 2025 RP Secondary 1,875,000 2,010 932
Jul 01, 2025 RP Secondary 1,680,000 2,065 813
Jun 17, 2025 RP Secondary 1,720,000 2,010 855
Jun 10, 2025 RP Secondary 1,780,000 2,065 861
Jun 03, 2025 RP Secondary 1,800,000 2,010 895

This project is in Damac Hills 2

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