What are the starting prices for homes in Damac Islands 2 (Phase 2)?
Prices in Damac Islands 2, also called Damac Islands Phase 2, start from around AED 2.35 million for 4-bedroom townhouses, while villas and mansions range from AED 6.63 million up to AED 18.5–20.5 million, depending on size, cluster, and finish level. These price brackets place the project within Dubai’s luxury waterfront segment while still offering entry points lower than comparable island communities.
Townhouse Pricing
The most accessible properties in Phase 2 are the 4- and 5-bedroom townhouses, beginning from AED 2.35 million. These homes target families and mid-level investors who want to enter Dubai’s waterfront lifestyle at a more manageable cost.
Villas and Mansions
6-bedroom villas are typically priced from AED 6.6 million, while the more expansive 7-bedroom mansions can exceed AED 18 million, depending on location within the master plan. Beachfront plots with unobstructed lagoon views command premium prices, often approaching AED 20 million or more.
Value in Comparison with Damac Hills
When compared to Damac Hills, which offers villas starting closer to AED 3.5–4 million but without direct lagoon or beachfront positioning, Damac Islands 2 represents a distinct lifestyle upgrade. Buyers essentially pay a premium for waterfront exclusivity, but the entry-level townhouses ensure there are accessible options within the project.
Investor Appeal
The pricing structure ensures that both mid-tier buyers and ultra-high-net-worth individuals are served. Townhouses provide strong rental prospects, while mansions are geared toward long-term capital growth. Investors see potential as this development brings coastal living into Dubai land, a location traditionally dominated by inland communities.
Market Outlook
As Dubai continues to expand luxury infrastructure under the Dubai 2040 Vision, waterfront scarcity is expected to drive prices higher. Early buyers in Damac Islands Phase 2 are positioned to benefit from launch pricing before the full lifestyle ecosystem is complete.