Damac City 2

DAMAC · Al Wasl · 731 homes · Under construction

A DAMAC project under construction in Al Wasl: 731 homes, 6% built. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 3,030 per sqft, 1% above the launch quarter.

Updated 27 Oct 2026
Under construction6% built, as reported to the register
731 homesStudios, 1, 2, 3 and 4+ bedrooms
Al WaslDubai Land Department project 3001

Prices. Quarter by quarter since launch.

Launch quarter, Q2 2025AED 2,986/sqft
Median paid, Q3 2026AED 3,027/sqft
Sales, Jul 2025 to Jun 2026399
Median paidLatest quarterLaunch quarter AED 2,986
2,9003,000Q2 25: AED 2,986/sqft, 118 salesQ3 25: AED 3,057/sqft, 148 salesQ4 25: AED 3,042/sqft, 126 salesQ1 26: AED 3,002/sqft, 75 salesQ2 26: AED 2,910/sqft, 50 salesQ3 26: AED 3,027/sqft, 49 salesQ2 25Q3 25Q4 25Q1 26Q2 26Q3 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q2 20252,986118
Q3 20253,057148
Q4 20253,042126
Q1 20263,00275
Q2 20262,91050
Q3 20263,02749

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverNot declared6% builtunder constructionPrice / sqftAED 2,986AED 3,030+1% on launch, off-plan median
Against the area. Median paid.
Damac City 23,030
Al Wasl3,107

2% under the Al Wasl median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Damac City 2 be completed?

The register declares no completion date yet, and the project is reported 6% built. DAMAC's completed Dubai projects typically finished 2 quarters late.

What do homes in Damac City 2 sell for?

From Jul 2025 to Jun 2026, 399 homes sold on the register at a median of AED 3,030 per sqft and AED 2.25M per home. By unit type: Studio AED 1.24M (98 sales), 1 BR AED 2.26M (208 sales), 2 BR AED 3.46M (92 sales). These are registered deeds, not the developer's price list.

Who built Damac City 2?

DAMAC. The project is registered to DAMAC on the Dubai Land Department register, which lists 260 projects for the developer in Dubai, 120 of them under construction. 24 of its 67 dated handovers came within 3 months of the promised date.

How many homes are in Damac City 2?

731, as counted on the Dubai Land Department register. The declared mix: 111 studios, 430 1 BR, 183 2 BR, 2 3 BR, 3 4+ BR.

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