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Properties for Sale in DAMAC Hills 2

Apartments, Villas, Townhouses available from AED 900/sqft. 68% rental yield. Budget-friendly, emerging community, townhouses and villas.

Price / sqft

AED 9001’300

Rental Yield

68%

1BR From

AED 500K–800K

2BR From

AED 800K–1.4M

Property Types in DAMAC Hills 2

Browse apartments, villas, townhouses for sale with real market data.

About DAMAC Hills 2

DAMAC Hills 2 (formerly AKOYA Oxygen) is one of Dubai's most affordable freehold communities, offering townhouses and villas in a green, suburban setting. While more remote than DAMAC Hills 1, the area has seen rapid development of amenities including retail, schools, and community facilities. It attracts budget-conscious investors seeking high yields and first-time buyers looking for villa-style living at apartment prices.

Key Amenities

Community poolsParksRetail centreSports facilitiesCycling tracks
Data source: DLD, DAMAC | Updated: Q1 2026

Investment Highlights

68%

Gross Rental Yield

AED 500K–800K

1BR Starting Price

100%

Freehold Ownership

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Buying Property in DAMAC Hills 2 — FAQ

How much does property cost in DAMAC Hills 2?

Property prices in DAMAC Hills 2 range from AED 900 to AED 1’300 per square foot as of Q1 2026. A 1-bedroom apartment typically costs AED 500K–800K, and a 2-bedroom is AED 800K–1.4M.

What types of property can I buy in DAMAC Hills 2?

DAMAC Hills 2 offers apartments, villas, townhouses for sale. The area offers a mix of properties suitable for both investors and end-users.

What is the rental yield in DAMAC Hills 2?

Gross rental yields in DAMAC Hills 2 range from 6% to 8%. This represents a solid balance of rental income and capital appreciation potential.

Can foreigners buy property in DAMAC Hills 2?

Yes, DAMAC Hills 2 is a designated freehold zone. Foreign nationals can purchase property with full ownership rights — no nationality restrictions apply. You can also qualify for a 10-year Golden Visa with investments of AED 2M+.

What are the total costs of buying in DAMAC Hills 2?

Total buying costs are approximately 7–8% of the property price: DLD transfer fee (4%), agency fee (2%), NOC fee (AED 500–5,000), and trustee/admin fees (AED 4,000–4,200). For a AED 500K–800K 1-bedroom, expect additional costs of approximately AED 38000–40000.

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