Damac Hills 2: A Suburban Oasis for Affordable Luxury in Dubai

In partnership with

Smarter Investing Starts with Smarter News

Cut through the hype and get the market insights that matter. The Daily Upside delivers clear, actionable financial analysis trusted by over 1 million investors—free, every morning. Whether you’re buying your first ETF or managing a diversified portfolio, this is the edge your inbox has been missing.

Subscribe for free and invest with confidence.

Damac Hills 2 (formerly Akoya Oxygen) is a 55-million-sq.ft. master-planned community in Dubailand (Madinat Hind) that strikes the perfect balance between affordable homes in Dubai and resort-style living. Just 40 km from Downtown Dubai, it offers villas and townhouses (14,044), and apartments (2,120), and hotel rooms & apartments ( 2,127) set amid lush green corridors, water features, and dedicated leisure “towns.” Well-connected via the E77 and E66 highways (and now an RTA bus link to Dubai Studio City), Damac Hills 2 appeals to investors, first-time homebuyers, expats, and families seeking value, space, and strong growth potential.

Master Developer and Origins of Damac Hills 2

Developed by DAMAC Properties, one of the UAE’s leading real-estate firms, Damac Hills 2 was launched in 2014 under the name Akoya Oxygen. The vision: create Dubai’s first fully realized “green” community with energy-efficient homes, an international golf course designed by Tiger Woods, and an eco-conscious ethos reflected in its name (O₂ for oxygen). In late 2019, DAMAC rebranded the project as Damac Hills 2, aligning it with its flagship “Damac Hills” brand and signaling a renewed commitment to quality and continuity in this expansive suburban enclave.

Stages of Development

1. 2015–2018: Infrastructure & Foundational Works

   • Over USD 1.5 billion invested in roads, utilities, and landscaping.

   • Major contractors (CSCEC, Arabtec) broke ground on the first villa and townhouse clusters.

2. 2017–2019: Initial Handovers & Rebranding

   • Early handovers of clusters like Albizia, Primrose, and Juniper.

   • Rebranded to Damac Hills 2 in 2019, unifying the community under the DAMAC Hills umbrella.

3. 2020–2022: Amenity Rollout & Occupancy Surge

   • Opening of Water Town (wave pool, lazy river), Sports Town (courts, fields, outdoor cinema), and community center with retail and healthcare.

   • Resident count surpassed 30,000, transforming the area into a fully functional suburb.

4. 2023–Present: Ongoing Expansion

   • Launch of Camelia townhouses and The Farmhouses villa estates.

   • Planned waterpark, boating lake, and enhanced equestrian facilities under construction.

This phased approach ensures residents enjoy immediate benefits while DAMAC continually enhances the master plan.

Developers Active in Damac Hills 2

While DAMAC Properties is the sole master developer, it has diversified its offering through 30+ themed clusters, each delivering a unique lifestyle:

• Just Cavalli Villas by Roberto Cavalli: Branded townhouses with exotic interiors and resort-style pools.

• Hajar Stone Villas: Stone-clad villas blending into the natural landscape, improving thermal comfort.

• Albizia, Amazonia, Zinnia, Viridis: Clusters named after flora, each with pocket parks and playgrounds.

• Navitas & Fiora Apartments: Mid-rise buildings offering studios and one- to two-bedroom units with shared pools and gyms.

This consistency under the DAMAC umbrella ensures uniform build quality, maintenance standards, and integrated amenities across the community.

Economic Value and Property Prices

Affordability and investment upside are Damac Hills 2’s hallmarks (May 2025):

• Studio & 1-Bedroom Apartments start from AED 400,000 to AED 1,600,000, with average annual rents around AED 40,000–42,000.

• Townhouses & 3- to 4-Bedroom Villas typically range from AED 1.3 million to AED 3 million.

• Larger 5- to 6-Bedroom Villas command AED 4 million - 14 million, with some luxury Cavalli-branded homes up to AED 10 million.

According to Bayut, the average listing price of villas in Damac Hills 2 is AED 2.32 million, significantly lower than comparable suburban communities. Rental yields in affordable clusters average 6%–8%, making Damac Hills 2 villas a top pick for yield-seeking investors. Moreover, villa prices rose 22% between 2021 and 2023.

Services and Amenities in Damac Hills 2

Themed Leisure “Towns”

• Water Town: Malibu Beach wave pool, lazy river, splash pads.

• Sports Town: Tennis, basketball, football courts; jogging/cycling tracks; outdoor cinema.

• Motor Town: Go-kart circuit and driving track.

• Equestrian Town: Stables, riding trails, weekend farmers’ market.

Daily Conveniences

• Community Centre: Supermarket, cafés, salons, pharmacy, and fitness gym.

• Healthcare: On-site clinic like Saudi German Clinic, offering primary care and emergency services.

• Education Access: School-bus links to Fairgreen International School and Jebel Ali School, The Aquila School, GEMS FirstPoint School, and GEMS Heritage Indian School. (Plans for an on-site school in development).

• Transport Links: Direct access to E611 (Emirates Road) and E66 (Al Ain Road); RTA bus route DH2 connects to Dubai Studio City metro interchange.

Green & Family-Friendly Environment

• Parks & Playgrounds: Over 20 landscaped gardens, children’s play areas, and dog parks.

• Nature & Wildlife: Community aviary featuring exotic bird species.

• Community Events: Weekend outdoor movie nights, fitness boot camps, and seasonal fairs.

Together, these amenities create a self-sufficient “city within a city”, where residents live, work, and play without leaving the neighborhood.

Conclusion

For first-time homebuyers, Damac Hills 2 offers an affordable entry into villa living with comprehensive amenities. Families value the green spaces, safe environment, and proximity to schools. Expats appreciate the community’s diversity and leisure facilities. Investors benefit from robust yields (6%–8%) and proven capital appreciation (22% growth). Brokers find a high-demand product that meets both rental and sales market needs.

Damac Hills 2 exemplifies intelligent suburban planning—blending affordable luxury, eco-friendly design, and high-end leisure. Its phased development ensures continual improvements, while the DAMAC brand guarantees quality. Whether seeking property investment in Damac Hills 2 or a spacious family home in affordable homes in Dubai, this community delivers on value, lifestyle, and long-term growth.

Sources

1. DAMAC Properties: Damac Hills 2 Overview

2. Wikipedia: DAMAC Properties

3. Damac Hills 2: Property Finder

4. Damac Hills 2: Bayut

5. DXB Properties: Damac Hills 2

6. Gulf News: DAMAC Hills 2 Community emerges as one of the highest transacted in the UAE (2024)