Living in DAMAC Hills 2
DAMAC's large villa community, formerly Akoya by DAMAC: one of Dubai's most popular areas for affordable villas.
About DAMAC Hills 2
DAMAC Hills 2, formerly known as Akoya by DAMAC, is a DAMAC Properties villa and townhouse community. In Bayut's H1 2026 Dubai report it topped the affordable villa segment for projected return.
It was also the top choice for affordable villa rentals in H1 2026, with an average asking rent of AED 120,000 a year.
Market data: registered sales
What homes in DAMAC Hills 2 actually sold for, from sales registered with the Dubai Land Department.
| Home type | Median sale price | Median rent | Gross yield | Sales |
|---|---|---|---|---|
| Studios | AED 450,000 | AED 37,000 a year | 8.2% | 59 |
| 1-bedroom apartments | AED 660,000 | AED 48,000 a year | 7.3% | 72 |
| 2-bedroom apartments | AED 1,151,500 | AED 68,000 a year | 7.1% | 53 |
Your guide to DAMAC Hills 2
Buying in DAMAC Hills 2
- DAMAC Hills 2 topped Bayut's affordable villa segment in H1 2026 with a projected return of 5.97%.
- Foreign buyers can own freehold in Dubai's designated freehold areas. We confirm every unit's title and status with the Dubai Land Department before you pay anything.
- Budget for the one-off 4% Dubai Land Department transfer fee. It is a purchase cost, not a yearly tax.
- Homes worth AED 2 million or more can qualify for the UAE 10-year Golden Visa, off-plan included. The authorities make the final decision.
Renting in DAMAC Hills 2
- Bayut's H1 2026 report shows an average asking rent of AED 120,000 a year: 3-bed AED 112,000, 4-bed AED 124,000, 5-bed AED 149,000.
- Every Dubai lease is registered on Ejari.
- Rent increases at renewal follow the RERA rental index, so check the official calculator before you agree a new rent.
Investing in DAMAC Hills 2
- Projected return of 5.97% for villas in H1 2026, the top of Bayut's affordable villa category.
- Individuals' rental income from UAE property is outside UAE Corporate Tax (Cabinet Decision No. 49 of 2023), and there is no annual property tax.
Selling or letting in DAMAC Hills 2
- A busy rental market supports buyer interest. Ask us for a valuation before you list.
- New launches compete for the same buyers, so a ready home has to stand out on price, condition and photos. We handle all of that for you.
Lifestyle and amenities
Villa living
Townhouses and villas at accessible prices.
Rental demand
Bayut's top choice for affordable villa rentals in H1 2026.
New phases
DAMAC keeps adding clusters, such as Eterno Prestige Villas.
Value
Lower entry prices than most Dubai villa communities.
Getting around
- Ask us for directions · varies by cluster
DAMAC Hills 2 FAQs
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- Entrepreneur Middle East - Bayut's Dubai H1 2026 market report data
- Bayut - Dubai Rental Market Report H1 2026
- DAMAC Properties - projects
- Dubai Land Department
Thinking about DAMAC Hills 2?
Tell us your budget and timing. An iRealtor advisor will share the best options on DAMAC Hills 2, ready or off-plan.