By DAMAC Properties in Dubai South, Dubai

DAMAC Islands 2 is an off-plan development by DAMAC Properties 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.
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.
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.
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.
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.
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.
Tell us the size and budget you have in mind. We will come back with what is available now, the developer's current terms, and comparable projects if this one does not fit.
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TRPE Real Estate is a company registered in Dubai, United Arab Emirates. Trade License No. 999314 · RERA ORN 28357 · Office 1201, Ascott Park Place, Sheikh Zayed Road, Dubai. Regulated by the Real Estate Regulatory Agency (RERA).