Area profile
DAMAC Hills 2 Akoya Oxygen · Dubai · property prices and rents
In the 12 months to 4 November 2026, the ready price per sq ft of the same home types rose 5.4% (Dubai +6.4%), and registered sales fell 62.7% to 1,325.
In DLD records: DAMAC HILLS 2, Madinat Hind 4
The full DAMAC Hills 2 report
Price growth over 1, 3 and 5 years, rents by home type, service charges and net yield, comparables and every project ranked, with a PDF.
Data to 4 November 2026
- Median ready price
- AED 1,054 Homes only
- Per sq ft
Median ready price
The median price per sq ft of the ready homes sold in the last 12 months: half sold for more, half for less, so one unusual sale moves it little. Plots and whole buildings are left out; off-plan sales are counted apart.
Price change Ready homes · Same home types
| 1 year | 3 years | |
|---|---|---|
| DAMAC Hills 2 | +5.4% | +34.3% |
| Dubai | +6.4% | +31.6% |
Price change
How much the median ready price per sq ft changed. It is worked out home type by home type (class and bedrooms) and weighted by each type’s sales now, so a shift from studios to villas does not read as a change in price.
3 months: the last 3 months against the same months a year before, so a turn in the market shows sooner. 1 year: the last 12 months against the 12 months before. 3 years: the last 12 months against the 12 months that ended three years earlier.
Dubai: the same change for the whole of Dubai, worked out the same way, to read the area against.
5 years: the area report adds the change over 5 years and the yearly growth rate.
A home type counts only with at least 5 ready sales in both periods. Share of the ready sales in the home types compared: 1 year 100% · 3 years 100%.
- Registered sales
- 1,325
- Last 12 months
Registered sales
Residential sales registered with the Dubai Land Department in the last 12 months, ready and off-plan, plots and whole buildings included. Mortgages and gifts are not sales and are left out.
In the last 12 months, Dubai Land Department registered 1,325 sales in DAMAC Hills 2, worth AED 2.1B in total. The number of sales was 62.7% lower than in the 12 months before. The median price was 1,282 AED/sqft off-plan and 1,054 AED/sqft for ready homes. The ready median counts home sales only (70 sales, mostly apartments): DLD registers most ready sales here as plots or whole buildings.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions. Asking prices are aggregates of property portal listings.
Akoya Oxygen prices, over time.
Median registered price, AED per sq ft
- Ready (registered sales)
- Off-plan (registered sales)
Show the figures
| Month | Ready (registered sales) | Off-plan (registered sales) |
|---|---|---|
| Nov 2023 | — 2 sales | — |
| Dec 2023 | 835 AED/sqft 11 sales | — |
| Jan 2024 | — 4 sales | — |
| Feb 2024 | 936 AED/sqft 11 sales | — |
| Mar 2024 | 905 AED/sqft 8 sales | — |
| Apr 2024 | — 1 sale | — |
| May 2024 | 941 AED/sqft 10 sales | — |
| Jun 2024 | 928 AED/sqft 12 sales | 1,087 AED/sqft 29 sales |
| Jul 2024 | 903 AED/sqft 10 sales | 1,181 AED/sqft 202 sales |
| Aug 2024 | 915 AED/sqft 10 sales | 1,170 AED/sqft 133 sales |
| Sep 2024 | 853 AED/sqft 6 sales | 1,213 AED/sqft 560 sales |
| Oct 2024 | 909 AED/sqft 11 sales | 1,237 AED/sqft 481 sales |
| Nov 2024 | 940 AED/sqft 13 sales | 1,222 AED/sqft 119 sales |
| Dec 2024 | 948 AED/sqft 6 sales | 1,228 AED/sqft 55 sales |
| Jan 2025 | 1,069 AED/sqft 10 sales | 1,214 AED/sqft 54 sales |
| Feb 2025 | 988 AED/sqft 12 sales | 1,269 AED/sqft 42 sales |
| Mar 2025 | 1,049 AED/sqft 7 sales | 1,312 AED/sqft 7 sales |
| Apr 2025 | 1,017 AED/sqft 12 sales | 1,288 AED/sqft 9 sales |
| May 2025 | 1,010 AED/sqft 10 sales | 1,197 AED/sqft 8 sales |
| Jun 2025 | 1,003 AED/sqft 11 sales | 1,269 AED/sqft 13 sales |
| Jul 2025 | 976 AED/sqft 10 sales | 1,245 AED/sqft 8 sales |
| Aug 2025 | 1,103 AED/sqft 8 sales | 1,271 AED/sqft 8 sales |
| Sep 2025 | 1,000 AED/sqft 8 sales | 1,216 AED/sqft 7 sales |
| Oct 2025 | 1,074 AED/sqft 12 sales | 1,252 AED/sqft 8 sales |
| Nov 2025 | 1,097 AED/sqft 14 sales | — 4 sales |
| Dec 2025 | — 4 sales | 1,183 AED/sqft 6 sales |
| Jan 2026 | 1,032 AED/sqft 8 sales | 1,285 AED/sqft 10 sales |
| Feb 2026 | 1,024 AED/sqft 9 sales | 1,305 AED/sqft 7 sales |
| Mar 2026 | 1,096 AED/sqft 6 sales | — 3 sales |
| Apr 2026 | — 4 sales | 1,318 AED/sqft 5 sales |
| May 2026 | 782 AED/sqft 6 sales | — 1 sale |
| Jun 2026 | — 3 sales | 1,326 AED/sqft 7 sales |
| Jul 2026 | 989 AED/sqft 6 sales | 1,170 AED/sqft 5 sales |
| Aug 2026 | — 2 sales | 1,258 AED/sqft 5 sales |
| Sep 2026 | 877 AED/sqft 5 sales | — 3 sales |
| Oct 2026 | — 3 sales | 1,269 AED/sqft 5 sales |
Where the change in sales came from.
Registered sales in the last 12 months against the 12 months before, by DLD registration type, beside all of Dubai.
- Off-plan-79.6%Off-plan sales fell by 79.6%, from 304 to 62.Dubai: -10.3%
- Ready-61.2%Ready sales fell by 61.2%, from 3,251 to 1,263.Dubai: -27.8%
The projects whose number of sales moved most
- DAMAC Hills (2) - Violet 457 sales, against 703
- DAMAC Hills (2) - Violet 316 sales, against 615
- DAMAC Hills (2) - Elo 2 & Elo 333 sales, against 244
Counts of registered sales, not prices: a project’s count follows its launches and how many homes it has left to sell.
What does each home type sell and rent for in Akoya Oxygen?
Apartment · Studio
- Ready median price
- AED 450K
- Median yearly rent
- AED 37.8K
- Gross yield
- 8.4%
Apartment · 1 bed
- Ready median price
- AED 660K
- Median yearly rent
- AED 49.9K
- Gross yield
- 7.6%
Apartment · 2 beds
- Ready median price
- AED 920K
- Median yearly rent
- AED 68K
- Gross yield
- Rent only
Villa or townhouse · 2 beds
- Ready median price
- —
- Median yearly rent
- AED 90K
- Gross yield
- Rent only
Villa or townhouse · 3 beds
- Ready median price
- —
- Median yearly rent
- AED 95K
- Gross yield
- Rent only
Villa or townhouse · 4 beds
- Ready median price
- —
- Median yearly rent
- AED 110K
- Gross yield
- Rent only
Villa or townhouse · 5 beds
- Ready median price
- —
- Median yearly rent
- AED 140K
- Gross yield
- Rent only
Villa or townhouse · 6 beds
- Ready median price
- —
- Median yearly rent
- AED 220K
- Gross yield
- Rent only
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
- Median service charge
- 4.84 AED/sqftA year · median of 24 developments’ owners’ association budgets, 2026Villa and townhouse budgets; apartment buildings’ budgets are left out.
After service charges
The area’s median service charge in 2026 is AED 4.84 per sq ft a year, across the owners’ association budgets of 24 developments.
Service charges by year and by project are in the area reportOff-plan or ready.
Off-plan premium, same home type
Apartment · 1 bed: off-plan homes sold at 3.8% above ready ones per sq ft in the last 12 months (1,183 AED/sqft against 1,140 AED/sqft, medians of 24 and 39 sales).
Same home type, not the same buildings: off-plan stock is often newer, so the gap is not a forecast of resale prices. Not investment advice.
The middle half of prices
Middle half of Apartment · 1 bed · Ready sales: AED 916–1,283 per sq ft (AED 535,000–700,000), 39 sales in the last 12 months. The full spread by home type is in the area report.
A quarter of these sales were below the band and a quarter above it. Registered sales, not a valuation.
Future supply
1,834
Homes under construction or planned, in 4 projects
- Finished2,200 homes5 projects
- Under construction1,834 homes4 projects
- Pipeline per finished home
- 0.83×Medium pipeline pressure compared with Dubai as a whole (1.17×)
- Homes due in the next 24 months
- 1,146Under construction or planned, with a DLD end date in that time
From the DLD project register for this area, counting apartments and villas. Records still not finished more than 5 years after their DLD end date are left out as stale.
Projects in Akoya Oxygen
Browse all projects- DAMAC Hills (2) - Violet 4760 sales in 24 monthsView project
- DAMAC Hills (2) - Violet 3631 sales in 24 monthsView project
- DAMAC Hills (2) - Elo 2 & Elo 3292 sales in 24 monthsView project
- DAMAC Hills (2) - Violet 2220 sales in 24 monthsView project
- DAMAC Hills (2) - Mulberry202 sales in 24 monthsView project
- DAMAC Hills (2) - Camelia157 sales in 24 monthsView project
- DAMAC Hills (2) - Vardon151 sales in 24 monthsView project
- DAMAC Hills (2) - Pacifica139 sales in 24 monthsView project
The latest registered sales in Akoya Oxygen.
| Date | Project | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|---|
| 4 Nov 2026 | DAMAC Hills (2) - Violet 4 | Plot · Ready | 1,248 sqft | AED 2,140,790 | 1,715 |
| 4 Nov 2026 | DAMAC Hills (2) - Violet 4 | Plot · Ready | 1,208 sqft | AED 2,128,180 | 1,762 |
| 4 Nov 2026 | DAMAC Hills (2) - Zinnia | Plot · Ready | 1,882 sqft | AED 1,650,000 | 877 |
| 4 Nov 2026 | — | Plot · Ready | 2,489 sqft | AED 1,000,000 | 402 |
| 4 Nov 2026 | DAMAC Hills (2) - ViridisViridis C | Apartment · Studio · Ready | 409 sqft | AED 405,000 | 990 |
| 3 Nov 2026 | DAMAC Hills (2) - Janusia | Plot · Ready | 3,693 sqft | AED 2,250,000 | 609 |
| 3 Nov 2026 | DAMAC Hills (2) - Juniper | Plot · Ready | 1,882 sqft | AED 2,100,000 | 1,116 |
| 3 Nov 2026 | DAMAC Hills (2) - Violet 4 | Plot · Ready | 1,940 sqft | AED 1,900,000 | 979 |
| 3 Nov 2026 | DAMAC Hills (2) - Mimosa | Plot · Ready | 1,208 sqft | AED 1,250,000 | 1,035 |
| 3 Nov 2026 | DAMAC Hills (2) - Mulberry | Plot · Ready | 2,822 sqft | AED 1,020,000 | 361 |
4 Nov 2026
PlotReady1,248 sqft
AED 2,140,7901,715 AED/sqft
4 Nov 2026
PlotReady1,208 sqft
AED 2,128,1801,762 AED/sqft
4 Nov 2026
PlotReady1,882 sqft
AED 1,650,000877 AED/sqft
4 Nov 2026
—
PlotReady2,489 sqft
AED 1,000,000402 AED/sqft
4 Nov 2026
ApartmentStudioReady409 sqft
Viridis CAED 405,000990 AED/sqft
3 Nov 2026
PlotReady3,693 sqft
AED 2,250,000609 AED/sqft
3 Nov 2026
PlotReady1,882 sqft
AED 2,100,0001,116 AED/sqft
3 Nov 2026
PlotReady1,940 sqft
AED 1,900,000979 AED/sqft
3 Nov 2026
PlotReady1,208 sqft
AED 1,250,0001,035 AED/sqft
3 Nov 2026
PlotReady2,822 sqft
AED 1,020,000361 AED/sqft
Asking prices against sales
- Property portal asking prices11.8%above registered sale pricesMedian gap across 3 segments
Property portal asking prices are compared with registered sales per segment (same market, property type and bedrooms), only where there are at least 10 listings and 10 sales. No individual listing is shown.
Questions about DAMAC Hills 2
What is the price per sq ft in DAMAC Hills 2?
In the 12 months to 4 November 2026, the median registered sale price was 1,054 AED/sqft for ready homes and 1,282 AED/sqft off-plan. The two medians mix different home types. The ready median counts home sales only (70 sales, mostly apartments): DLD registers most ready sales here as plots or whole buildings.
How did prices and sales in DAMAC Hills 2 change over the last year?
In the 12 months to 4 November 2026, the ready price per sq ft of the same home types rose 5.4% (Dubai +6.4%), and registered sales fell 62.7% to 1,325.
What are the service charges in DAMAC Hills 2?
The area’s median service charge in 2026 is AED 4.84 per sq ft a year, across the owners’ association budgets of 24 developments. Villa and townhouse budgets; apartment buildings’ budgets are left out.
How many homes are under construction or planned in DAMAC Hills 2?
As of 4 November 2026, the DLD project register lists 1,834 homes under construction or planned in DAMAC Hills 2, 1,146 of them in projects with a DLD end date in the next 24 months. An end date is the date in the DLD register, not a handover forecast.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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