The cost of property in DAMAC Hills 2 is showing steady growth, reinforcing the area’s status as one of the most sought-after family communities in the emirate. As of March 2026, the price per square meter has increased by nearly 10% over the past three months. This trend is driven by the active development of the project and strong demand for ready-to-move properties in Dubai. Experts expect this upward trend to continue in the coming years, making local properties attractive assets for preserving and growing capital.
Main types of real estate in DAMAC Hills 2, UAE:
|
Type |
Description |
|
Studios |
Compact property in DAMAC Hills 2 for expats with an open-plan layout that combines the living room, bedroom, kitchen, and dining area into a single space. |
|
Standard apartments |
Units with one or several separate bedrooms. |
|
Penthouses |
Exclusive residences located on the upper floors of residential buildings, offering spacious layouts and private pools. |
|
Townhouses |
Row houses with private entrances and small land plots. |
|
Villas |
Spacious detached homes featuring multiple bedrooms and private plots with gardens and pools. |
Damac Properties is the sole master developer and creator of the community, ensuring full control over construction quality and project delivery timelines. Unified management guarantees high service standards and cohesive development of the social environment. Unlike multi-brand districts, the area follows a single architectural concept, where each new cluster complements the overall ecosystem. This centralized approach allows the developer to maintain stable pricing and respond quickly to residents’ needs.
Popular areas for purchasing apartments, villas, and townhouses in DAMAC Hills 2 include:
|
Residential complex |
Property types |
Starting price |
Completion date |
Advantages |
|
Elo |
1- and 2-bedroom apartments |
AED 1,300,000 ($354,000) |
Q4 2026 |
Swimming pool, climbing wall, football field, artificial beach, bar |
|
Evergreens |
1- and 2-bedroom apartments |
AED 550,000 ($150,000) |
Q4 2026 |
Swimming pool, gym, playground, lounge areas, outdoor cinema |
|
Natura |
4-bedroom townhouses |
AED 1,830,000 ($498,000) |
Q2 2026 |
BBQ areas, football field, cycling track, lake, artificial beach |
|
Violet 3 |
4-bedroom townhouses |
AED 1,910,000 ($520,000) |
Q2 2027 |
Wave pool, zen garden, fishing lake, dog park, outdoor cinema |
|
Park Greens |
5-bedroom villas |
AED 2,890,000 ($787,000) |
Q1 2027 |
Paintball area, floating cinema, butterfly garden |
The community’s market is showing steady upward momentum as of March 2026. Over the past three months, the average property price has increased by 3.5%, while the price per square meter has risen by 9.8%. The strongest growth has been observed in the segment of apartments in DAMAC Hills 2, where prices increased by 19.8%.
This trend is driven by several factors:
Purchasing apartments and villas in DAMAC Hills 2 during the construction phase can offer capital appreciation of up to 20–30% by completion. The developer provides interest-free installment plans with flexible payment schedules tied to construction milestones. Additional benefits include reduced maintenance costs in the early years and compliance with modern energy efficiency standards.
The rental sector also demonstrates stable growth: average rental rates have increased by 9.2% year-on-year, and by 9.7% per square meter. Tenant activity has also risen, with the total number of contracts increasing by 2.4%.
Rental yields
|
Property type |
Average yield |
Tenant categories |
|
Studios and 1-bedroom apartments |
Up to 17.66% and 7.6% |
Young professionals and employees working in nearby free economic zones |
|
2-, 3-, and 4-bedroom apartments |
7.32%, 6.43%, and 8.73% |
Families with children preferring gated communities |
|
3- and 4-bedroom villas |
6.81% and 6.76% |
Expats transitioning from apartments to standalone homes |
|
5- and 6-bedroom villas |
7.43% and 6.4% |
Affluent families and remote workers needing extra space |
Property investment in DAMAC Hills 2 is available to both residents and foreign buyers without residency status. Local banks offer flexible mortgage programs ranging from 5 to 25 years. A key limitation is the borrower’s age, which must not exceed 60–65 years at the time of full repayment. For the initial analysis of the financial burden and the preparation of a payment schedule, buyers are advised to use specialized mortgage calculators that take into account current interbank rates.
Loan conditions depend on the buyer’s status and loan amount. Residents can obtain financing of up to 80% of the property value with a minimum 20% down payment and a monthly income of AED 15,000–20,000 ($4,000–$5,500). Non-residents face stricter requirements, including financial documentation and bank statements for the past six months. Financing typically ranges from 50% to 70%, requiring a personal contribution of at least 30–50%.
The location is a large-scale gated community in the Dubailand area, actively attracting property investment in Dubai. It is located away from the bustling city center, which provides a peaceful living environment while maintaining access to key transportation hubs:
Public transport includes bus routes connecting to nearby districts and metro stations, including route DA2. Residents with private vehicles benefit from ample parking facilities and dedicated spaces in each development.
Popular themed clusters
Water Town
Pools, water parks, water sports facilities, relaxation areas, sunbathing zones.
Sports Town
Fitness centers, sports academies, children’s playgrounds.
Equestrian Town
Stables, riding schools, and equestrian trails.
The Community Centre is located in the heart of the area, featuring a Carrefour hypermarket, pharmacies, beauty salons, and a medical clinic. Additional amenities include dry cleaning services, pet shops, and various dining options.
Since schools and nurseries within the community are still under development, residents use nearby facilities (15–20 minutes away):
Top 3 reasons to buy real estate in DAMAC Hills 2:
Wide range of amenities and services
Residents of property in DAMAC Hills 2 for foreigners have access to modern gyms, temperature-controlled pools, BBQ areas, playgrounds, and cinemas. Residential buildings offer concierge services, 24/7 maintenance, and high-speed elevators.
High level of security and privacy
The community is gated with multi-level access control and round-the-clock surveillance. Thoughtful planning eliminates through traffic, ensuring a quiet environment.
Green spaces
The area emphasizes sustainability, with landscaped gardens, parks, and walking paths. Lakes and greenery create a pleasant microclimate and opportunities for outdoor recreation.
