Dubai

DAMAC Hills 2 Investment Guide (2026)

Large family-villa community in Dubailand (formerly AKOYA Oxygen). Townhouses and 3-5BR villas.

familyyieldemerging
Avg price / sqft
AED 1,100
Gross Yield
5.4%
Net Yield
4.4%
Occupancy
89%

About DAMAC Hills 2

DAMAC Hills 2 is a large-scale family-villa community in Dubailand, developed by DAMAC Properties and formerly branded AKOYA Oxygen. Spans ~42 million sqft with golf course, lazy river, lake amenities and ~14,000 villas/townhouses targeting mid-market family buyers. Pricing is 30-40% below central Dubai equivalents; rental yields are moderate (5-5.5% gross). Strong amenity package balances longer commute times to Downtown/Marina (~35-45 min).

Unit-type market snapshot

Unit
Avg sale price
Avg annual rent
Gross yield
Townhouse 3BR
AED 1,900,000
AED 110,000
5.8%
Townhouse 4BR
AED 2,400,000
AED 135,000
5.6%
Villa 4BR
AED 3,200,000
AED 175,000
5.5%
Villa 5BR
AED 4,300,000
AED 220,000
5.1%

Based on active Bayut / Property Finder listings and DLD transactions. Updated May 2026.

Service charge
AED 5/sqft
per year
Transactions (12m)
2,800
sales recorded
Avg days on market
55 days
list to sale

Pros

  • Lower entry vs central Dubai
  • Strong family amenities
  • Townhouse-villa mix
  • Lazy river + sports clubs

Watchouts

  • 35-45 min commute to Downtown
  • DAMAC delivery variance
  • Resale liquidity slower than central

Who should invest in DAMAC Hills 2?

Family end-users seeking villa lifestyle on AED 2-4M budgets. Mid-cycle yield investors who can hold long-term.

Landmarks and amenities

DAMAC Hills 2 LakeLazy RiverSports Town

Top developers

DAMAC

Frequently asked questions

How far is DAMAC Hills 2 from Downtown Dubai?

Approximately 35-45 minutes driving via Sheikh Mohammed bin Zayed Road (E311). 25-30 minutes to Al Maktoum Airport (DWC).

What rental yield does DAMAC Hills 2 deliver?

Gross yields of 5.4% average across townhouses and villas. Net yields ~4.4% after service charges, vacancy, and maintenance.

Is DAMAC Hills 2 Golden Visa eligible?

Yes for villas (typically AED 3M+) and 4BR townhouses (AED 2.4M). 3BR townhouses at ~AED 1.9M fall short of the AED 2M threshold individually.

Model your own unit
Use the rental yield calculator with DAMAC Hills 2 service charge of AED 5/sqft.
Full net ROI analysis
See the full cash-on-cash return formula banks use, with DAMAC Hills 2 benchmarks.
Closing costs
Compute the 6–8% total closing cost — DLD, agent, NOC, mortgage registration.

Nearby areas

Related reading

Analyze a specific DAMAC Hills 2 property

Paste any Bayut, Property Finder, or Dubizzle URL into REMAP to get a full Net ROI analysis using this area's benchmarks plus unit-specific service charges and transaction history.

Analyze a DAMAC Hills 2 property