Community guide · Dubai
Living in DAMAC Hills 2
DAMAC's large villa community, formerly Akoya by DAMAC.
About DAMAC Hills 2
DAMAC Hills 2, formerly known as Akoya by DAMAC, is a DAMAC Properties villa and townhome community.
Key facts
EmirateDubai
OwnershipConfirm per unit
Home typesTownhomes, villas
Main developerDAMAC Properties
Price per sq ft*Ask uslatest prices on request
Rental yield*5.97%villas, projected
Market data: registered sales
What homes in DAMAC Hills 2 actually sold for, from sales registered with the Dubai Land Department.
Sales registered (12 months)1,489
Median sale priceAED 1,550,000-16.2% vs previous 12 months
Median price per sq ftAED 1,142-5.8% vs previous 12 months
Gross rental yield7.3%median rent vs median price
Off-plan share of sales4.3%
| 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
- 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
- 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
- 0% income tax and 0% property tax*. Individuals' rental income from UAE property is outside UAE Corporate Tax (Cabinet Decision No. 49 of 2023). *T&Cs apply.
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.
Eterno Prestige VillasELOELO 2ELO 3VioletViolet 2Violet 3Violet 4NaturaPark GreensCameliaEvergreensThe FarmhousesVeronaHotel Edge by Rotana (ready)
Availability changes often. Tap a project to see its page, sold or selling. Ask the expert which homes are still on sale.
Lifestyle and amenities
Villa living
Townhomes and villas at accessible prices.
Rental demand
New phases
DAMAC keeps adding clusters, such as Eterno Prestige Villas.
Value
Lower entry prices than most Dubai villa communities.
DAMAC Hills 2DubaiOpen in Google Maps →
Getting around
- Ask us for directions · varies by cluster
DAMAC Hills 2 FAQs
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Sources (checked 14 October 2026)
This guide is general information, not legal or financial advice. Prices, yields and rules change; we confirm the latest position before you commit.
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.