Basswood — project image
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Basswood

From AED 1.65M·Completed Mar 2022·Developer payment plan available Payment
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AED 1.65M
Starting Price
Mar 2022
Handover
Developer payment plan available
Payment Plan
3 BR · Townhouse
Type

Project Overview

Basswood is an exciting residential project from renowned developer Damac Properties, located in the vibrant area of Damac Hills 2. The complex offers elegant townhouses with three bedrooms, ideal for those looking for comfort and style in a dynamically developing area of Dubai. The exterior of Basswood buildings features a modern aesthetic, combining clean lines and neutral color palettes that blend harmoniously into the surrounding landscape. The interior is characterized by high-quality materials and attention to detail, creating a sense of luxury and comfort. Basswood residents have access to a wide range of amenities, including scenic green areas for recreation and walking, state-of-the-art fitness centers to maintain a healthy lifestyle, and children's playgrounds. Barbecue facilities and relaxation areas are also provided on the territory of the complex, contributing to an active and harmonious lifestyle. The location of Basswood within the Damac Hills 2 community offers convenient access to Dubai’s main landmarks and major transport routes. Its proximity to key roads, such as Sheikh Mohammed Bin Zayed Road, ensures quick connectivity to other parts of the city. A trip to Dubai International Airport takes approximately 40 minutes, while The Dubai Mall can be reached in about 35–40 minutes.

Project Specifications
DeveloperDamac Properties
LocationDamac Hills 2
Unit Types3 BR, Townhouse
AreaDamac Hills 2
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 71,197 / year
Cash-on-Cash
2.2%
Levered cashflow AED 16,747
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 759,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Artificial Beach
BBQ
Bike path
Children’s pool
Club house
Community Lawn
Dog walking area
Fitness Zone
Floating Cinema
Floral Garden
Football field
Jogging tracks
Kids Play Area
Kids splash pad
Landscape Open Areas
Lazy River
Leisure areas
Open Kids Play Area
Open air gym
Outdoor cinema
Parking
Pets Allowed
Picnic Area
Recreational areas
Resting Areas
Security and CCTV
Shared Pool
Sitting Area
Social zone
Sports ground
Volleyball
Walking paths
Zen Garden

Location

Damac Hills 2

Nearby Destinations

Damac Hills 2

Developer and Project Facts

01

Basswood by Damac Properties

02

Located in Damac Hills 2

03

Starting from AED 1,650,000

04

Unit mix includes 3 BR, Townhouse

05

Expected handover: Mar 2022

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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