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Home / Areas / Dubai/ DAMAC Hills 2
The smaller, budget-friendly sister of DAMAC Hills.

DAMAC Hills 2

DAMAC Hills 2 (formerly Akoya Oxygen) is an affordable family community by DAMAC, located south of Studio City and Al Maktoum Airport. Sub-communities include Akoya, Just Cavalli, Trump Estates and more. The average price is around AED 780 per sq ft, with a median range of 600-950. Yields of 6.5-8% (apartments 7-9% in Fiora/Virdis). 65% of residents are owner-occupiers — a sign of market stability.

Master developer DAMAC Properties Established 2014 (Akoya Oxygen) Akoya · Just Cavalli · Trump Estates · Fiora · Virdis Affordable family · low-rise · freehold
6.5–8%
Rental yield
~780 AED
Median price per sq ft
Market stability
65% owner-occupiers
CONNECTIVITY

Where DAMAC Hills 2 sits.

Adjacent to the E311. A relatively long drive to Downtown.

Drive times

Mall of the Emirates~25 min
DIFC~35 min
DWC Airport~22 min

Metro & transport

None
There is no active metro service in the area.

Major roads

Hessa Street
Sheikh Mohammed Bin Zayed RoadE311
NEIGHBORHOOD LIFE

A full life — without leaving.

Education

  • Jebel Ali School (~15 min)

Healthcare

  • Aster Clinic

Shopping

  • DAMAC Hills 2 Mall

Leisure

  • Malibu Beach — an inland man-made beach
  • Lazy River
  • Restaurants, fitness clubs and sports courts

Landmarks

  • Malibu Beach + Lazy River
  • Just Cavalli Villas
THE DATA

The numbers. No fluff.

DAMAC Hills 2 is an <b>affordable family option</b> in Dubai. 65% of residents are owner-occupiers — a strong indicator of market stability. Yields are high for apartments (7-9%) in Fiora and Virdis. The weak point: a long commute to Downtown (35 min).

5.4–9%
Gross rental yield · city avg ~6.8%
600–950 AED/sqft
Current price · per sq.ft
8–14 AED per sq ft AED/sqft
Service charge · per year
Avg. price per sq.ft · 2022–2026 ▲ +55% over 4 years
20222023202420252026
Apartments (Fiora/Virdis)7–9%
Villas5.4–6.5%
Townhouses6–7.5%
FIGURES INDICATIVE, NOT A GUARANTEE · AS OF 2026-05-26
IS IT RIGHT FOR YOU?

Who DAMAC Hills 2 suits best.

A strong fit if you're…
  • Budget-conscious families — villas from AED 1.2M, townhouses from AED 1.5M
  • Apartment investors in Fiora/Virdis — yields of 7-9%
Look elsewhere if you want…
  • Anyone seeking proximity to the centre — DH2 is far out
5 PROJECTS IN DAMAC HILLS 2

What's available right now.

Live from the catalog — sorted cheapest first.

OFF-PLAN
DAMAC Properties

Elo 2 at Damac Hills 2, Dubai

1-2 Bedroom Handover June 2027
From
577,000 AED
OFF-PLAN
DAMAC Properties

ELO 3 at DAMAC Hills 2, Dubai

1-2 Bedroom Handover Q4 2026
From
1,033,000 AED
OFF-PLAN
DAMAC Properties

DAMAC Natura at Damac Hills 2, Dubai

4 Bedroom Handover June 2026
From
1,830,000 AED
OFF-PLAN
DAMAC Properties

Damac Violet at Damac Hills 2, Dubai

4 Bedroom Handover Q2 2027
From
1,870,000 AED
OFF-PLAN
DAMAC Properties

Violet 4 at DAMAC Hills 2, Dubai

4 Bedroom Handover Q3 2027
From
1,956,000 AED
GOOD TO KNOW

Common questions about DAMAC Hills 2.

What is the difference between DH and DH2?+

DH: more upscale (Trump Estates, AED 5.36M average). DH2: budget-friendly (AED 780/sqft average, villas from AED 1.2M).

What yield can I expect?+

Apartments (Fiora/Virdis): 7-9%. Villas: 5.4-6.5%. Townhouses: 6-7.5%.

Who is DAMAC Hills 2 best suited to?+

It is built for budget-conscious families wanting space at a low entry point — villas from around AED 1.2M and townhouses from AED 1.5M. The 65% owner-occupier share signals a settled, stable community. Apartment investors target Fiora and Virdis for the higher 7–9% yields. The trade-off is location: the commute to Downtown runs around 35 minutes.

Does the entry price qualify for a UAE Golden Visa?+

Yes. A property purchase of AED 2M or more qualifies the owner for the 10-year Golden Visa, and many DH2 villas at AED 1.2M+ can reach that threshold with a larger unit or a second property. A property worth AED 750K already secures a 2-year residency visa, so most ready homes here clear the residency entry point comfortably.

Is it better to buy off-plan or ready here?+

Both exist in DAMAC Hills 2. Ready homes deliver rental income immediately and let you see the finished sub-community. Off-plan releases usually come with interest-free developer payment plans (such as post-handover instalments) and buyer funds protected in a RERA escrow account. With prices up roughly 55% over four years, off-plan buyers historically benefited from construction-period appreciation.

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