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Hello everyone. A community of clusters drawn from eight island themes: Bahamas, Tahiti, Bermuda, Barbados, Cuba, Maui, Mauritius and Antigua. Today, DAMAC Properties by DAMAC Islands 2 is what we are looking at today!
For prices, taxes and the whole buying process, see our guide: Dubai Property Guide
Apartment types, current price range and location: see the project page
DAMAC Islands 2 is the second phase of the DAMAC Islands masterplan in Dubailand. What sets it apart from the first phase is that each of the eight island themes is designed as a separate cluster with its own architectural language and landscaping. In other words, within a single community there are eight neighbourhoods that look visibly different from one another.
Prices
- Homes: AED 2,990,000and up
- four and five bedroom villa
- Six bedrooms with a maid’s room luxury villa
- Five bedrooms with a maid’s room townhouse
- Home size: 220 m²and up
- Developer: DAMAC Properties
- Address: Dubailand, Dubai
DAMAC Propertiesopened the second phase shortly after putting the first on sale. Second phase schemes carry a real advantage for the buyer: you can watch how fast the first phase sold, how its prices moved and how it was delivered before you decide.
Why DAMAC Islands 2?
Giving each of the eight clusters its own identity separates this from the masterplans that turn into a sea of identical villas. That helps on resale too: you describe it to a buyer not as "a villa in DAMAC Islands 2" but as "this villa type in the Bermuda cluster". The entry price sits roughly 240 thousand dirhams above the first phase.
- The Ranches Souk within easy reach
- The Village Community Mall 10 minutes away
- a motorway link towards Al Maktoum International Airport
- a road link to the city centre along the Dubailand corridor
- The first phase amenities sit within the same masterplan
Daily life
Each cluster is built around its own landscape theme; island themed shared facilities, lagoons and water sports areas form the common spine of the masterplan. For everyday shopping, The Ranches Souk and The Village Community Mall are close by.
Rental yield and tenant profile
The tenant profile is families. Because layouts with a maid’s room suit the family structure in the Gulf, they see distinct demand both to let and to sell. No income tax is charged on rental income in Dubai.
Communal areas and specification
- Eight island themed clusters
- Lagoons and water sports areas
- Island themed shared facilities
- Landscaped walking routes
- Homes with a maid’s room
- Security within the community
Who is buying?
Families looking for a detached home in Dubai, and investors who want to take advantage of the second phase pricing. Because prices differ between the clusters, there is room to choose according to budget.
Total cost: what you actually pay when you buy at DAMAC Islands 2
There is no stamp duty in Dubai; its equivalent is the Land Department (DLD) transfer fee of 4% of the sale price. The table below is indicative, based on the entry price.
| Item | Amount |
|---|---|
| Property price | AED 2,990,000 |
| Land Department transfer fee (DLD, 4%) | AED 119,600 |
| Registration and administration fees | about AED 4,200 |
| Approximate total | AED 3,113,800 |
With a loan there are mortgage registration and bank charges, and if you let the property, management commission. For purchases on the United Kingdom side, use our purchase cost calculator page.
What to Check Before You Decide
- Prices and completion dates differ between the clusters; make clear in the contract which cluster you are buying in.
- The second phase will be handed over after the first; the wait is longer.
- The detached home segment is less liquid than apartments.
- The district is planned around road access.
- Maintaining the lagoons and the landscaping feeds into the service charge.
How does DAMAC Islands 2 compare with the alternatives?
- DAMAC Islands: the first phase, at a lower entry price and with earlier completion.
- Lagoon Views: in the apartment segment, from the same developer.
- ELO 3: a family focused apartment alternative in DAMAC Hills 2.
We can work out together which project fits your goal, judged on budget, intended use and exit plan. We can also pull the current prices and availability across the clusters for you.
Answers to the most common questions on this topic: Can You Buy Property in Dubai in Instalments? How Payment Plans Work
