Property in DAMAC Hills 2
Budget-friendly, emerging community, townhouses and villas
Price / sqft
AED 900–1’300
Rental Yield
6–8%
1BR From
AED 500K–800K
Service Charge
AED 8–14/sqft
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
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Frequently Asked Questions about DAMAC Hills 2
What is the average property price in DAMAC Hills 2?
As of Q1 2026, the average property price in DAMAC Hills 2 is AED 900–1’300 per square foot. A 1-bedroom apartment typically costs AED 500K–800K, while a 2-bedroom is AED 800K–1.4M.
Is DAMAC Hills 2 a freehold area for foreigners?
Yes, DAMAC Hills 2 is a designated freehold zone where foreign nationals can purchase property with full ownership rights. There are no nationality-based restrictions.
What is the rental yield in DAMAC Hills 2?
The average gross rental yield in DAMAC Hills 2 is 6–8%. This represents a solid balance of yield and capital appreciation.
What are the service charges in DAMAC Hills 2?
Service charges in DAMAC Hills 2 typically range from AED 8–14 per square foot per year. These cover maintenance of common areas, security, pools, gyms, and building management.
Can I get a Golden Visa by buying property in DAMAC Hills 2?
Yes, if your property investment in DAMAC Hills 2 meets the AED 2,000,000 minimum threshold, you can qualify for a 10-year UAE Golden Visa. This covers you, your spouse, and your children.
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