Damac Hills 2 (formerly Akoya Oxygen) is a different proposition from its namesake: a value townhouse community on Dubai's desert edge, fifteen-plus minutes beyond the original Damac Hills, competing on price rather than golf frontage. It suits budget-first families and yield investors who accept distance as the discount's source. It doesn't suit anyone expecting Damac Hills amenities, the two share a brand, not a location. What to watch: amenity build-out (the water park and retail arrived late), and the resale spread between clusters as early handovers age. , Equity Edge analyst note
AED 680K47%below the registered medianbelow the 2 bed apartment median
Registered27 August 2026
What sold2 bed apartment in Madinat Hind 4
Like-for-like medianAED 1.29Mevery 2 bed apartment registered in Madinat Hind 4, 12 months
Drawn from51 salesmedian AED 1,301/sqft
All apartmentsAED 680Kacross every layout, 149 sales
DLD registered transactions for Damac Hills 2, trailing 12 months. The registry publishes no project name against a sale, so like-for-like here means the same area, the same property type and the same number of bedrooms. Methodology
The buildings of Damac Hills 2, by the registered numbers
What does an apartment cost in Damac Hills 2 in 2026?
The median registered sale price for a Damac Hills 2 apartment is AED 680K (149 DLD-registered sales, 12 months to Sep 2026), or AED 1,187/sqft. The median 1-bedroom sold for AED 660K.
What rent does an apartment achieve in Damac Hills 2?
The median registered rent is AED 42K/year across 500 Ejari contracts (12 months to Sep 2026). These are registered contracts, not asking prices.
What gross yield do Damac Hills 2 apartments deliver?
6.2% gross, median registered rent divided by median registered sale price, both from the trailing 12 months. Asking-price yields quoted elsewhere usually flatter; this is the registered number.
Is Damac Hills 2 the same as Damac Hills?
No, and the similar names catch people out. The original Damac Hills wraps the Trump golf course near Motor City; Damac Hills 2 sits 15+ minutes further into the desert at roughly half the price point. Different locations, different markets, different buyers.
Why is Damac Hills 2 so cheap?
Distance and maturity. It is one of the furthest freehold communities from the coast, and its amenities arrived years after the first handovers. In exchange you get Dubai’s lowest townhouse entry prices, the registered numbers above show exactly what the market pays.
What amenities exist now?
The community has filled in meaningfully: Malibu Beach wave pool, a water park, sports courts, a community centre and school options nearby. It functions as a self-contained value suburb, visit before judging it on its early reputation.
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Everything priced against registered sales, the Damac Hills 2 median is AED 680K, never asking prices.