Jasmine
✓ Resale Available

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
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 88,328 / year
Cash-on-Cash
1.8%
Levered cashflow AED 20,777
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 133,055 / 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
Jasmine launch basis2,274AED 2.05MCurrent launch / asking basis
Damac Hills ready-stock comps1,500AED 1.35MIndicative resale benchmark
Damac Hills 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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Jasmine official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

100% down payment

Flexible Payment

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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

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

Developer Track Record

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

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