Zinnia
✓ Resale Available

Zinnia

From AED 2.36M·Completed Jun 2022·100% down payment Payment
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AED 2.36M
Starting Price
Jun 2022
Handover
100% down payment
Payment Plan
3 BR · Townhouse
Type

Project Overview

Zinnia is a gated residential development in Damac Hills 2, Dubai, located to the north-east of the development, close to Jebel Ali - Lehbab Road. The developer is DAMAC Properties. The development comprises villas and townhouses ranging from 3 to 6 bedrooms. All houses have panoramic windows and balconies. Finished in pastel colours, all residences are fully furnished. Zinnia's amenities are shared with other Damac Hills 2 communities which include an amphitheatre, barbecue areas, boating lake, cricket pitch, cycle paths, fishing lake, floating cinema, football pitch, giant chess, jogging track, lazy river, artificial beach, maze, outdoor cinema, outdoor gym, paintball hall, mini-farm, picnic park, playgrounds, snack bar, splash pad, swimming pools, volleyball court. A 24-hour video surveillance system is responsible for security. There are also parking spaces for the residents of the complex. On the territory of Zinnia there is a modern gymnasium, market, kindergarten and school, children's aqua park, cafes. From the complex it is approximately 40 minutes drive to Dubai Mall, 47 minutes to Palm Jumeirah, 46 minutes to Burj Al Arab and 51 minutes to The Walk JBR. Dubai International Airport is approximately 41 minutes‘ drive away and Al Maktoum International Airport is approximately 41 minutes’ drive away.

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 101,661 / year
Cash-on-Cash
1.8%
Levered cashflow AED 23,913
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 153,140 / 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
Zinnia launch basis2,618AED 2.36MCurrent 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

Zinnia — View 2
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Zinnia official render 1

Zinnia official render 1

Zinnia official render 2

Zinnia official render 2

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Zinnia official render 3

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Zinnia official render 4

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Zinnia official render 5

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Zinnia official render 7

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Zinnia official render 9

Zinnia official render 10

Zinnia official render 10

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

BBQ
Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Parking
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
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

Zinnia by Damac Properties

02

Located in Damac Hills 2

03

Starting from AED 2,356,000

04

Unit mix includes 3 BR, Townhouse

05

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

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