Basswood
✓ Resale Available

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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 71,198 / year
Cash-on-Cash
1.8%
Levered cashflow AED 16,748
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 107,250 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Basswood launch basis1,833AED 1.65MCurrent launch / asking basis
Damac Hills 2 ready-stock comps1,500AED 1.35MIndicative resale benchmark
Damac Hills 2 premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Basswood official render 1

Basswood official render 1

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Basswood official render 9

Basswood official render 10

Basswood official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

Developer payment plan available

Flexible Payment

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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

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Damac Hills 2Damac Hills 2Dubai, UAE

Developer Track Record

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

Ready-to-move units · Direct from owner · Verified by Astraterra

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