Area Guide

DAMAC Lagoons

DAMAC Hills 2 is a secluded residential community located in Dubailand. The project was launched in 2014 by DAMAC so most of the development is completed.

Also known as AKOYA O2, this high-end development is the first green community in Dubai. It features prestige location around the world-renowned golf course, lush green parks and boulevards, fountains and gardens.

The development comprises 10000 villas and townhouses, 1200 apartments including one, two and three bedroom units, and also over 650 serviced villas.

Many buyers from all over the world choose to purchase an off-plan villas and townhouses in DAMAC Hills 2 for several major reasons. First of all, according to Dubai property market report for H1 2020, DAMAC Hills 2 is the most popular area for buying off-plan properties in Dubai. Secondly, most of the property in DAMAC Hills 2 are located close to the upcoming Expo 2020, which is a winning argument for investors.

Those who wish to invest in DAMAC Hills 2 can expect the highest ROI of 5.8% for 3-bedroom villas. One can also buy 4-bedroom villas and receive up to 5.2% ROI or 5-bedroom villas for 5% ROI. The largest 6-bedroom villas show an average return on investment of 4.2%.

25 Minutes
dubai marina
35 Minutes
to DXB Airport
25 Minutes
to DWC aiprort

Ready Properties for Sale in DAMAC Lagoons

Featured Properties in Downtown Dubai

As the district is limited in size, multi-storey buildings predominate here. The most common property type in Downtown Dubai are 1-5-bedroom apartments (including serviced apartments) and penthouses. The cost of studios starts from AED 428,000 (USD 117,000), and one-room apartments cost from AED 695,000 (USD 190,000).

You can also buy or rent villas and townhouses in Downtown Dubai. There is a limited series of houses located on the runway levels of high-rise buildings. Prices for villas in Downtown Dubai start from AED 1,914,000 (USD 521,000) and for townhouses – from AED 5,100,000 (USD 1 388 000).

Another exclusive option is the purchase of a whole floor of a residential tower, which can be either a finished property or a floor in a building under construction. If it is an off-plan property, an investor can arrange the space at their own discretion. For instance, the owner could have one spacious residence or split the premises into several apartments and offices. You could live in one of these apartments yourself, and lease the rest of the premises, if buying an entire floor. The minimum price for a full floor in an apartment block in Downtown Dubai is AED 18,500 000 (USD 5,040,000).

About DAMAC Lagoons

The development offers a large variety of villas, townhouses and apartments for sale. Villas in DAMAC Hills 2 are available in 3 to 6-bedroom types, while townhouses are available in 3- to 5-bedroom configurations. One can also choose from 1 to 3 bedroom apartments including serviced units.

DAMAC Hills 2 is a master planned development comprising 38 sub-communities. The most trending off-plan villas in DAMAC Hills 2 are Sahara Villas and Aknan Villas, while Fiora at Golf Verde is considered to be the most popular apartment building in the area.

Sahara Villas offers three & four bedroom villas with top-class amenities and close location to the golf course at favorable prices. The estimated completion in Q4 2021.

Aknan Villas is another popular villa sub-community in DAMAC Hills 2 which offers three-bedroom villas with private gardens and lush green surroundings.

Those who wish to buy apartments in DAMAC Hills 2 might be interested in Fiora at Golf Verde sub-community. Fiora offers one and two-bedroom apartments with top-class services and facilities including world-class gyms, swimming pool and retail outlets.

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