About DAMAC Islands 2

DAMAC Islands 2 is an off-plan development by DAMAC in Dubai South, Dubai. Entry price is AED 3,550,000.

DAMAC Islands 2 is the newly released Phase 2 of DAMAC Islands, a 20-million-square-foot island-themed masterplan by DAMAC Properties in Dubailand, positioned between Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311). For the month of August, DAMAC has opened a limited release of 3-bedroom townhouses from AED 3.55 million with a 16% down payment, the "Pay Like 4, Live in Five" offer. It is one of the community's best-sellers, and the August allocation is capped.

Buying at launch means securing a unit early on a construction-linked payment plan, with the balance due at handover in 2029. Funds sit in a RERA-regulated escrow account and are released to the developer against verified build progress. Register your interest below for the live price list, floor plans and unit availability before the August release closes.

What you're buying

DAMAC Islands 2 adds larger residential layouts to the wider Islands community, 4 and 5-bedroom townhouses and 5 and 6-bedroom villas, with the August release focused on spacious 3-bedroom townhouses from AED 3.55M. The masterplan is organised into eight island-themed clusters, Bahamas, Bermuda, Tahiti, Barbados, Maui, Antigua, Mauritius and Cuba, each with its own landscaping, water features and character, connected by walkable green corridors.

Payment plan & the August offer

The current limited release carries a 16% down payment, the balance spread in instalments through construction, and 25% on completion at handover in 2029. At an entry point of AED 3.55M the purchase clears the AED 2 million threshold that can qualify an owner for a renewable 10-year Golden Visa under the prevailing rules, a genuine draw for end-users and investors relocating to Dubai. As with any off-plan purchase, underwrite it on achievable rent rather than projected appreciation, and confirm the exact instalment schedule on registration.

Location & connectivity

Sitting in Dubailand between two of Dubai's main arterial roads (E611 and E311), DAMAC Islands 2 gives direct road access across the city while keeping the master community's resort atmosphere. The surrounding districts support established rental demand, and the 2029 handover aligns with the ongoing growth corridor toward Dubai South and DWC. Location matters more off-plan than in a ready market, confirm connectivity and the surrounding pipeline before committing.

The developer: DAMAC Properties

DAMAC Islands 2 is developed by DAMAC Properties, one of Dubai's largest private developers with a long delivery record across Dubai's master communities. On any off-plan purchase the developer's track record is central, see DAMAC's other launches on our developers page, and browse more off-plan Dubai projects by community, developer and payment plan.

Common questions

Where is DAMAC Islands 2? In Dubailand, between Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311), within the wider DAMAC Islands masterplan.

How much does DAMAC Islands 2 cost? The August limited release starts from AED 3.55M for 3-bedroom townhouses with a 16% down payment. Larger townhouses and villas are priced by cluster and plot, register for the full price list.

When does DAMAC Islands 2 hand over? Handover is positioned for 2029. Off-plan dates are developer estimates and can move; confirm before reserving.

Does it qualify for the Golden Visa? At AED 3.55M it is above the AED 2M property threshold that can qualify an owner for a renewable 10-year Golden Visa under the prevailing rules. Eligibility is confirmed by the relevant authorities at purchase.

About DAMAC

DAMAC Properties is one of the largest private developers in Dubai and one of the most recognisable, partly through branded residences carrying names from outside property: Cavalli, de GRISOGONO, Versace. It builds at volume across the full range, from mid market apartments to villa communities with artificial lagoons.

What do they build?

Apartments, townhouses and villas, and a lot of them. The two things DAMAC is best known for are the master communities out along the Al Ain road, and the branded towers in the central districts. We are currently marketing 34 completed DAMAC properties from AED 55,000.

Where do they build?

DAMAC tends to build its own districts rather than buy into other people's, which is why so many carry the name.

Damac Lagoons: 24 properties
Business Bay: 2 properties
Damac Hills: 2 properties
Damac Hills 2: 2 properties
Jumeirah Village Circle: 2 properties
Al Marjan Island: 1 property

DAMAC Hills and DAMAC Lagoons are the two large villa and townhouse communities. Business Bay and the central towers are a separate proposition entirely.

What should you check before buying?

Which phase, and what is still to be built. The lagoon communities are large and delivered in clusters. An early cluster means living beside construction for years.
Service charges on the amenity heavy schemes. Lagoons, wave pools and landscaped beaches are expensive to run and that cost recurs annually.
How far out you actually are. Drive the commute at rush hour before you buy. The price difference against a central district is real, and so is the journey.
How much similar stock releases in the same year. DAMAC builds at volume, and in its own communities your competition at resale is often the same developer.
What a branded residence premium is buying you. Sometimes a genuinely different specification, sometimes a name on the lobby. Worth separating.

Are they a safe developer to buy from?

DAMAC has delivered at scale in Dubai over a long period, and completion is not the concern. The things to weigh are the ones that come with volume: a lot of comparable units arriving together, service charges on amenity led schemes, and locations that are cheaper because they are further out. All three are knowable before you commit.

All DAMAC projects