Navitas Hotel & Residences
✓ Resale Available

Navitas Hotel & Residences

From AED 531,300·Completed Oct 2022·20% down payment Payment
Scroll
AED 531,300
Starting Price
Oct 2022
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Navitas Hotel & Residences is a multifunctional complex within the Damac Hills 2 community, developed by leading developer DAMAC Properties. The project comprises five buildings, each featuring a ground floor, a shared podium with commercial spaces, and 14 residential floors. One tower is designated for a hotel, while the other four offer private residences. The residential complex includes exclusive studios and one-bedroom apartments. The residences feature modern interiors with high-quality finishes, furnishings, a spacious living area, a fully equipped kitchen, a smart home system, air conditioning, heating, panoramic windows, and a large balcony. Windows provide views of the golf course and local landmarks. Residents enjoy amenities including 24-hour security, surveillance, a gym, a swimming pool, underground parking, high-speed elevators, a sauna, a steam room, a SPA center, a reception, a lobby, a public park, and an outdoor children’s playground. Housekeeping, concierge, and maintenance services are available. The private landscaped territory offers pedestrian and cycling paths, relaxation zones, walking alleys, restaurants, cafes, and shops. A large golf course is a two-minute walk away. Proximity to Al Qudra Road, with access to Sheikh Zayed Road, ensures quick connectivity to other city areas. Dubai International Airport is a 36-minute drive away.

Project Specifications
DeveloperDamac Properties
LocationDamac Hills 2
Unit TypesStudio, 1 BR, Hotel apartments
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 22,926 / year
Cash-on-Cash
1.8%
Levered cashflow AED 5,393
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 34,535 / 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
Navitas Hotel & Residences launch basis590AED 531,300Current 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

Navitas Hotel & Residences — View 2
Navitas Hotel & Residences — View 3
Navitas Hotel & Residences — View 4
Navitas Hotel & Residences — View 5
Navitas Hotel & Residences — View 6
Navitas Hotel & Residences — View 7
Navitas Hotel & Residences — View 8
Navitas Hotel & Residences — View 9
Navitas Hotel & Residences — View 10
Navitas Hotel & Residences — View 11
Navitas Hotel & Residences — View 12
Navitas Hotel & Residences — View 13
Navitas Hotel & Residences — View 14
Navitas Hotel & Residences — View 15
Navitas Hotel & Residences — View 16
Navitas Hotel & Residences official render 1

Navitas Hotel & Residences official render 1

Navitas Hotel & Residences official render 2

Navitas Hotel & Residences official render 2

Navitas Hotel & Residences official render 3

Navitas Hotel & Residences official render 3

Navitas Hotel & Residences official render 4

Navitas Hotel & Residences official render 4

Navitas Hotel & Residences official render 5

Navitas Hotel & Residences official render 5

Navitas Hotel & Residences official render 6

Navitas Hotel & Residences official render 6

Navitas Hotel & Residences official render 7

Navitas Hotel & Residences official render 7

Navitas Hotel & Residences official render 8

Navitas Hotel & Residences official render 8

Navitas Hotel & Residences official render 9

Navitas Hotel & Residences official render 9

Navitas Hotel & Residences official render 10

Navitas Hotel & Residences official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

Unlock Documents

Enter your details to access brochures, floor plans & payment schedules

Payment Structure

20% down payment

Flexible Payment

Contact us for detailed payment schedule and milestones

Need a detailed payment schedule?

Our advisors provide full milestone breakdowns at no cost.

WhatsApp Us

Amenities & Lifestyle

Bike path
Broadband Internet
Central A/C
Children’s pool
Concierge Service
Covered Parking
Crossfit zone
Dining outlets (coffee houses & restaurants)
Golf course
Intercom
Jogging tracks
Kids Play Area
Landscaped garden
Landscaped park
Leisure areas
Lift
Lobby
Retail outlets
SPA
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Smart home
Sports ground
Walking paths

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

Navitas Hotel & Residences by Damac Properties

02

Located in Damac Hills 2

03

Starting from AED 531,300

04

Unit mix includes Studio, 1 BR, Hotel apartments

05

Expected handover: Oct 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

Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.

Send Resale BriefRequest Call
RERA Registered
Qualified Buyer Flow
Verified Listings

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

Get Private Shortlist + ROI on WhatsApp