Jasmine — project image
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Jasmine

From AED 2.05M·Completed Dec 2018·100% down payment Payment
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AED 2.05M
Starting Price
Dec 2018
Handover
100% down payment
Payment Plan
1 BR · Apartments
Type

Project Overview

Jasmine is a premium residential complex in DAMAC Hills, featuring two buildings with a ground level and ten residential floors, along with a collection of townhouses. The development includes studios, one- to three-bedroom apartments, and three- to four-bedroom townhouses. The architecture follows a contemporary minimalist style. Interiors are finished in neutral tones, creating a sense of space and comfort. All apartments come fully furnished, equipped with home appliances, and feature floor-to-ceiling windows. Each residence offers scenic views of the surrounding landscapes and golf course, with spacious balconies enhancing the sense of openness. Residents have access to a full range of amenities, including elevators, air conditioning and ventilation systems, security surveillance, swimming pools, fitness centers, spa facilities, parking areas, pharmacies, retail outlets, and dining options. The complex is surrounded by lush gardens and parks forming part of the Akoya Oxygen theme zone. CreaKids nursery and Jebel Ali School are within walking distance, and the nearest medical center is a 15-minute drive away. Mudon Al Salam Town Centre bus stop is 8 minutes on foot, Umm Al Sheif metro station is 15 minutes away, and Dubai International Airport is about 30 minutes by car. This location offers a peaceful lifestyle close to nature.

Project Specifications
DeveloperDamac Properties
LocationDamac Hills
Unit Types1 BR, Apartments
AreaDamac Hills
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 88,328 / year
Cash-on-Cash
2.2%
Levered cashflow AED 20,777
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 941,620 / 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

100% down payment

Published payment summary

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Amenities & Lifestyle

Central A/C
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped garden
Landscaped park
Leisure areas
Lift
Parking
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Damac Hills

Nearby Destinations

Damac Hills

Developer and Project Facts

01

Jasmine by Damac Properties

02

Located in Damac Hills

03

Starting from AED 2,047,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2018

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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