Project profile
DAMAC City 2 Project · Dubai Water Canal · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: Pinnacle Real Estate Developments
- Registered salesLast 12 months
- 264
- Median off-plan pricePer sq ft
- AED 3,025
- Construction progressUnder construction
- 5.7%
Data to 4 November 2026
Dubai Land Department lists the project as under construction, 5.7% complete. In the last 12 months, Dubai Land Department registered 264 sales in DAMAC City 2, worth AED 628.1M in total. The median off-plan price was 3,025 AED/sqft.
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.
A project, in progress.
Under construction
- Start
- 26 June 2024
- DLD end date
- —
- Units
- 731
- Buildings
- 1
Launch and latest registrations.
- Launch priceFirst 90 days from Jun 2025, 216 home sales
- AED 3,008
- Last 12 months264 home sales
- AED 3,025
- ChangeSame home types, AED/sqft
- -0.4%
Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.
DAMAC City 2 registered prices, over time.
Median registered price, AED per sq ft
Show the figures
| Month | Off-plan (registered sales) |
|---|---|
| Jun 2025 | 2,985 AED/sqft 118 sales |
| Jul 2025 | 2,973 AED/sqft 45 sales |
| Aug 2025 | 3,085 AED/sqft 47 sales |
| Sep 2025 | 3,088 AED/sqft 56 sales |
| Oct 2025 | 3,004 AED/sqft 51 sales |
| Nov 2025 | 3,025 AED/sqft 27 sales |
| Dec 2025 | 3,104 AED/sqft 48 sales |
| Jan 2026 | 3,138 AED/sqft 23 sales |
| Feb 2026 | 3,168 AED/sqft 16 sales |
| Mar 2026 | 2,899 AED/sqft 36 sales |
| Apr 2026 | 2,771 AED/sqft 26 sales |
| May 2026 | 2,945 AED/sqft 8 sales |
| Jun 2026 | 2,817 AED/sqft 16 sales |
| Jul 2026 | 2,946 AED/sqft 18 sales |
| Aug 2026 | 3,025 AED/sqft 14 sales |
| Sep 2026 | 3,063 AED/sqft 17 sales |
| Oct 2026 | 3,077 AED/sqft 15 sales |
What does each home type sell and rent for in DAMAC City 2?
Apartment · Studio
- Median price, all sales
- AED 1.3M
- AED/sqft
- 3,319
- Sales
- 64
Apartment · 1 bed
- Median price, all sales
- AED 2.3M
- AED/sqft
- 2,955
- Sales
- 150
Apartment · 2 beds
- Median price, all sales
- AED 3.5M
- AED/sqft
- 2,721
- Sales
- 49
Last 12 months. Prices are medians of at least 5 registered sales, ready and off-plan together.
Service charges.
In the area report.
The Dubai Water Canal area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Dubai Water Canal area reportThe latest registered sales in DAMAC City 2.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 4 Nov 2026 | Apartment · Studio · Off-plan | 408 sqft | AED 1,418,350 | 3,476 |
| 2 Nov 2026 | Apartment · 1 bed · Off-plan | 821 sqft | AED 2,949,000 | 3,592 |
| 28 Oct 2026 | Apartment · 2 beds · Off-plan | 1,410 sqft | AED 3,288,550 | 2,332 |
| 26 Oct 2026 | Apartment · 1 bed · Off-plan | 892 sqft | AED 2,609,000 | 2,925 |
| 21 Oct 2026 | Apartment · 1 bed · Off-plan | 769 sqft | AED 2,194,560 | 2,854 |
| 19 Oct 2026 | Apartment · 1 bed · Off-plan | 705 sqft | AED 2,169,600 | 3,077 |
| 14 Oct 2026 | Apartment · 1 bed · Off-plan | 854 sqft | AED 2,076,440 | 2,431 |
| 12 Oct 2026 | Apartment · 1 bed · Off-plan | 766 sqft | AED 2,446,820 | 3,194 |
| 12 Oct 2026 | Apartment · 1 bed · Off-plan | 766 sqft | AED 2,417,680 | 3,156 |
| 12 Oct 2026 | Apartment · 1 bed · Off-plan | 755 sqft | AED 2,386,660 | 3,161 |
4 Nov 2026
ApartmentStudioOff-plan408 sqft
AED 1,418,3503,476 AED/sqft
2 Nov 2026
Apartment1 bedOff-plan821 sqft
AED 2,949,0003,592 AED/sqft
28 Oct 2026
Apartment2 bedsOff-plan1,410 sqft
AED 3,288,5502,332 AED/sqft
26 Oct 2026
Apartment1 bedOff-plan892 sqft
AED 2,609,0002,925 AED/sqft
21 Oct 2026
Apartment1 bedOff-plan769 sqft
AED 2,194,5602,854 AED/sqft
19 Oct 2026
Apartment1 bedOff-plan705 sqft
AED 2,169,6003,077 AED/sqft
14 Oct 2026
Apartment1 bedOff-plan854 sqft
AED 2,076,4402,431 AED/sqft
12 Oct 2026
Apartment1 bedOff-plan766 sqft
AED 2,446,8203,194 AED/sqft
12 Oct 2026
Apartment1 bedOff-plan766 sqft
AED 2,417,6803,156 AED/sqft
12 Oct 2026
Apartment1 bedOff-plan755 sqft
AED 2,386,6603,161 AED/sqft
Questions about DAMAC City 2
What is the price per sq ft in DAMAC City 2?
In the 12 months to 4 November 2026, the median registered off-plan sale price was 3,025 AED/sqft.
How many homes were sold in DAMAC City 2 in the last 12 months?
In the last 12 months, Dubai Land Department registered 264 sales in DAMAC City 2, worth AED 628.1M in total. The median off-plan price was 3,025 AED/sqft. Registered sales to 4 November 2026.
When is DAMAC City 2 due to be completed?
Dubai Land Department lists the project as under construction, 5.7% complete.
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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