Al Wasl · Off-plan · 80% of homes registered

Damac City 2What it sells for

1-bedrooms sell off-plan for about AED 2.25M, and about 102 of 430 are left.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 2.25Mfor a typical 1-bedroom, off-plan

From 151 off-plan sales in the last 12 months.

Homes leftAbout 147of 729 homes

Studios are the tightest, about 96% registered.

Built6%at the last DLD inspection

Inspected on 9 Apr 2026.

  • 69% fewer47 apartments sold in the last 3 months, 69% fewer than the 152 in the same 3 months of 2025.

What brings you here?

Apartment type

Prices and rents at Damac City 2

How many homes are left in Damac City 2?

About 147 homes left of 729

Studios are the tightest, about 96% registered. 729 homes in 1 building of 57 floors.

Studio107 of 111 registered
1 bed328 of 430 registered
2 bed146 of 183 registered
3 bed0 of 2 registered
5 bed1 of 3 registered
RegisteredNot yet registeredEach square is 5 homes

How fast are they going?

16 homes a month

Registered over the last 3 months.

  • Studio1 a month
  • 1 bed12 a month
  • 2 bed2 a month
  • 3 bed0 a month
  • 5 bed0 a month

What are people paying right now?

AED 2,411AED 2,811AED 3,211AED 3,610Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
Typical price per sq ftBar shows the middle half of dealsFewer dealsMore deals

Typical price per sq ft

AED 3,074

Across all home types, last 3 months.

Latest 3 deals

  • AED 2.95M1 bed · 821 sq ft · 30 Oct 2026
  • AED 3.29M2 bed · 1,410 sq ft · 27 Oct 2026
  • AED 2.61M1 bed · 892 sq ft · 23 Oct 2026

Investor intelligence

Most space for the money2-bed homesAED 3,003 per sq ft
Most rent for the price2-bed homesAbout 5.9% at rents in Al Wasl today
Most choice left1-bed homesAbout 102 left
Ready homes nearbyAED 2.55M1 bed resale in Al Wasl, against AED 2.39M here
HomeTypical price, last 3 monthsSizePer sq ftRent nearby, a yearRent on price
StudioAED 1.42M394 sq ftAED 3,612None yetNot known
1 bedAED 2.39M774 sq ftAED 3,068AED 127k5.3%
2 bedAED 3.37M1,174 sq ftAED 3,003AED 200k5.9%

How does the price compare with nearby off-plan projects?

  • Damac City 2AED 3,074
  • City Walk Crestlane 4AED 3,366

Price per sq ft. Nearby projects use the last 12 months.

How far along is the building work?

6% built

At the DLD inspection on 9 Apr 2026. DLD has no planned end date.

0%25%50%75%100%20252026Today

What did each inspection find?

9 Apr 20265.7% built+4.4 pts3 photos
25 Dec 20251.3% built+1.2 pts5 photos
13 May 20250.1% built+0.1 pts4 photos
25 Mar 20240.0% builtFirst visit2 photos

Who is building Damac City 2?

Pinnacle Real Estate Developments L.L.C logo

Pinnacle Real Estate Developments L.L.C

DLD lists Pinnacle Real Estate Developments L.L.C as the developer. Buyers' payments go to an escrow account at Emirates Nbd Bank.

1being built
0finished
0cancelled

Where is Damac City 2?

9% below

the typical off-plan price per sq ft in Al Wasl, over the last 12 months.

Damac City 2 against Al Wasl

  • Damac City 2Off-plan, 265 sales in 12 monthsAED 3,027 per sq ft
  • Al WaslOff-plan, 954 sales in 12 monthsAED 3,318 per sq ft

A 1-bedroom in Al Wasl

  • A typical 1-bedroom resells forAED 2.55M
  • New 1-bedroom leases sign forAED 127k a year
  • Rent as a share of the price5.0%

How busy it is

  • Sales in the last 12 months1,302
  • Off-plan share of sales73%

Still selling nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Al Wasl

Similar buildings

Myrtle

Myrtle

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Typical 1-bed
AED 2.15M resale
Sales, 12 months
31
Erin

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Typical 1-bed
Fewer than 20 sales
Sales, 12 months
30
Castleton

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Typical 1-bed
Fewer than 20 sales
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30

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a 1-bedroom in Damac City 2?

About AED 2.25M off-plan, from 151 sales in the last 12 months. No resale price yet.

How many homes are left in Damac City 2?

About 147 of 729, going by sales registered with DLD.

How much of Damac City 2 is built?

6% at the DLD inspection on 9 Apr 2026.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Damac City 2 registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
Build progress and developer
Percent built, inspection dates and photos, the planned end date, the home count and the developer's project counts come from the project records of the Dubai Land Department. Homes left are the homes it lists for the project, minus the sales registered with it.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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