DAMAC City 2

1. Does it pay a good rent?3.1% gross, before the service charge (not on file) (Dubai median 6.8%)3.1%Watch
2. Is it easy to let?28 yearly leases, new and renewed, across 729 units in 12 months4%Watch
3. Are rents going up?New 1 bed leases: AED 68,000 a year ago, AED 70,000 now+2.9%Fair
4. Are prices going up?1 bed: AED 3,002/sqft a year ago, 2,959 now-1.4%Fair
5. How fast do fees pay back?AED 142,243 in fees to buy a 1 bed; rent covers it in 2.0 years2.0 yrs
6. Can I sell easily?290 sales in 12 months, 40% of the tower (286 the year before)290Strength
7. Is a lot being built nearby?790 apartments are planned in Al Wasl from 2026 to 2028, equal to 97% of the 816 homes let there today. A further 647 are past their planned date. Al Wasl supply by year →97%Watch
8. Did earlier buyers gain?Launch buyers still 0% down, before fees-0.1%Context

At 1 bed, DAMAC City 2 has registered sale prices 2% below the Al Wasl median price per square foot of 3,019 AED, across 6 eligible buildings.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 1 bed
  171 registered sales in 12 months
  On record
• Rental evidence · 1 bed
  7 new and 18 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  DAMAC City 2: not recorded complete, 0.05% built · register data to 2026-07-06
  On record
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in DAMAC City 2?

DAMAC City 2 returns 3.1% gross: a median new-contract rent of AED 70,000 a year (7 Ejari contracts in 12 months) over a price benchmark of AED 2.26M (median of 171 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.

How much does a 1 bedroom in DAMAC City 2 cost?

The median registered sale price is AED 2.26M (2,959 AED/sqft), from 171 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

Have prices in DAMAC City 2 risen or fallen?

Median price per square foot moved -1.4% over the last 12 months against the 12 before it, on 171 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does DAMAC City 2 compare with Al Wasl?

Its 3.1% gross yield sits -2.2 pts against the Al Wasl median of 5.3%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

What is the registered annual rent for a 1 bedroom in DAMAC City 2?

The median new annual rent is AED 70,000, from 7 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.