Off-Plan Properties in Damac Hills 2 

Damac Hills 2, formerly known as Akoya Oxygen, is a vibrant and eco-friendly residential community developed by DAMAC Properties. This master-planned development is designed to offer a tranquil and luxurious lifestyle, with a focus on sustainability and family-friendly living. In this blog, we will explore the various aspects of investing in off-plan properties in Damac Hills 2, including its unique features, amenities, property options, and investment potential. 

1. About Damac Hills 2 

Damac Hills 2, also known as Akoya Oxygen, is a secluded residential development designed by DAMAC Properties. This community is renowned for its eco-friendly theme and family-oriented atmosphere. 

1.1 Location and Connectivity 

Strategically situated between Jebel Ali – Lehbab Road (E77) and Al Ain – Dubai Highway (E66), Damac Hills 2 provides excellent connectivity to Dubai’s commercial and residential hubs. 

• Proximity to Major Highways: Direct links to E77 and E66 ensure easy access to the rest of Dubai. 
• Nearby Destinations: Close to Reem’s Mira and Mira Oasis communities, enhancing its residential appeal. 
• Travel Time: Approximately 20-22 minutes from Damac Hills, offering a balance between seclusion and accessibility. 

1.2 Eco-Friendly Community 

Damac Hills 2 stands out as Dubai’s first green residential development, promoting a sustainable and healthy lifestyle. The community is centered around an international golf course, featuring landscaped gardens, water fountains, parks, and leafy boulevards. The use of energy-efficient materials, solar water heating systems, and low-emission paints underscores the commitment to environmental sustainability. 

1.3 Family-Friendly Environment 

The community is designed with families in mind, offering a range of amenities and activities for all age groups. With several residential clusters, retail options, and world-class amenities, Damac Hills 2 provides a perfect setting for family living. Leisure towns like Water Town, Motor Town, and Equestrian Town offer diverse recreational activities, ensuring there is something for everyone. 

1.4 Famous Areas Nearby Damac Hills 2 

Nearby areas within easy reach include  

• Jumeirah Village Circle (JVC) : Approximately 15 minutes' drive from Damac Hills 2. 
• Dubai Investment Park : Around 20 minutes' drive from Damac Hills 2. 
• Dubai Production City : Accessible within approximately 18 minutes' drive from Damac Hills 2. 
   

2. Property Types in Damac Hills 2 

Damac Hills 2 offers a variety of residential properties, catering to different preferences and budgets. The options include villas, townhouses, apartments, and freehold plots. 

2.1 Villas and Townhouses 

The community boasts a range of villas and townhouses, ideal for families seeking spacious and luxurious homes. 

• 3 to 6-Bedroom Villas: Designed with modern amenities and private lawns. 
• Townhouses: Offering a balance of space and affordability. 
• Eco-Friendly Features: Energy-efficient systems and materials used throughout. 

2.2 Apartments 

For those preferring apartment living, Damac Hills 2 provides a selection of contemporary and well-designed units. 

• Studio to 4-Bedroom Apartments: Various configurations to suit different needs. 
• Furnished and Serviced Options: Including hotel apartments for added convenience. 
• Scenic Views: Apartments offer panoramic views of the golf course and green spaces. 

2.3 Freehold Plots 

Investors looking for customization can opt for freehold plots available within the community. Starting from AED 400k, these plots offer competitive pricing for land in a prime location. This option allows investors to design and build their dream homes according to their specifications. 

3. Community Overview 

Damac Hills 2 is strategically located between Jebel Ali – Lehbab Road (E77) and Al Ain – Dubai Highway (E66), offering excellent connectivity to key areas in Dubai. The community is self-sufficient, with a range of amenities and services that ensure a high quality of life for residents. 

3.1 Leisure Towns 

Damac Hills 2 features five distinct leisure towns: Motor Town, Water Town, Down Town, Equestrian Town, and Sports Town. 

• Water Town: Includes attractions like Splash Pad and Malibu Beach. 
• Sports Town: Facilities for football, cricket, tennis, and other sports. 
• Down Town: Zen Garden, waterside café, and other family-friendly amenities. 

3.2 Retail and Services 

The DAMAC Hills 2 Community Centre is a two-level urban retail destination spread across 6,000 sq. m., housing a Carrefour supermarket, Cherry Tree Nursery, a clinic under Saudi German Hospital, a 900 sq. m. gym, and various retail, food, and service outlets. 

3.3 Trump World Golf Club 

The highlight of the area is the upcoming Trump World Golf Club Dubai, featuring a state-of-the-art clubhouse, a golf pro shop, and a wide range of restaurants. 

4. Properties in Damac Hills 2 

Approximately a 15-minute drive from DAMAC Hills, some parts of Damac Hills 2 have been completed, offering a range of luxury villas, townhouses, and apartments. The community is known for its expansive green spaces and private lawns. 

4.1 Villas 

• 3 to 6-Bedroom Villas: Designed with modern amenities and private lawns. 
• Eco-Friendly Features: Energy-efficient systems and materials used throughout. 

4.2 Townhouses 

Townhouses in Damac Hills 2 offer a balance of space and affordability, making them ideal for families and individuals looking for comfortable living spaces. 

4.3 Apartments 

Damac Hills 2 provides a variety of apartment options, from studios to 4-bedroom units. These apartments are designed to offer modern living with scenic views of the surrounding green spaces. 

5. Sales Trends in Damac Hills 2 

Investors looking for properties for sale in Damac Hills 2 have a wide range of options, including villas, townhouses, and apartments. The area is known for its competitive market prices. 

5.1 Apartments 

• Studio: Average sale price is AED 414,000. 
• 1-Bedroom: Average sale price is AED 570,000. 
• 2-Bedroom: Average sale price is AED 799,000. 
• 3-Bedroom: Average sale price is AED 1,316,000. 
• 4-Bedroom: Average sale price is AED 1,784,000. 

5.2 Villas 

• 3-Bedroom: Average sale price is AED 1,312,000. 
• 4-Bedroom: Average sale price is AED 1,658,000. 
• 5-Bedroom: Average sale price is AED 2,393,000. 
• 6-Bedroom: Average sale price is AED 3,142,000. 

5.3 Freehold Plots 

Freehold plots in Damac Hills 2 start from AED 400k, offering competitive pricing for land in a prime location. These plots provide an opportunity for investors to build custom homes. 

6. Return on Investment (ROI) in Damac Hills 2 

Damac Hills 2 offers attractive ROI for investors, particularly in the apartment and villa segments. 

6.1 What is ROI? 

ROI (Return On Investment) measures the profitability of an investment, expressed as a percentage of the initial investment's gain or loss. It helps assess the potential return compared to the cost of investment. 

6.2 Apartments 

• Studio: ROI of 8.32%. 
• 1-Bedroom: ROI of 7.04%. 
• 2-Bedroom: ROI of 8.74%. 
• 3-Bedroom: ROI of 6.22%. 
• 4-Bedroom: ROI of 5.48%. 

ROI in Apartments : 2-bedroom apartments offer the highest ROI in Damac Hills 2 at 8.74%, with studios close behind at 8.32%. 

6.3 Villas 

• 3-Bedroom: ROI of 6.38%. 
• 4-Bedroom: ROI of 6.45%. 
• 5-Bedroom: ROI of 6.79%. 
• 6-Bedroom: ROI of 5.64%. 

ROI in Villas: 5-bed villas lead with an ROI of 6.79%, followed by 4-bed and 3-bed villas. 

6.4 Investment Potential 

While some clusters in Damac Hills 2 are still under construction, the area offers valuable investment opportunities. Once the entire development is completed, the ROI is expected to increase, making it a promising option for investors. 

7. Most Popular Locations in Damac Hills 2 

Damac Hills 2 (Akoya Oxygen) is a haven for property seekers. Here are the top five sub-communities in Damac Hills 2: 

• Albizia: Known for its range of 3 and 4-bedroom villas. 
• Vardon: Popular for its affordable 3-bedroom villas. 
• Avencia: Offers a variety of residential options. 
• Pacifica: Features modern villas and townhouses. 
• Camellia: Known for its serene environment and family-friendly atmosphere. 

7.1 Albizia 

• Overview : Albizia is a sought-after community in Damac Hills 2, known for its variety of villas. 
• Rental Trends : Rental prices for 3-bed villas range between AED 64k to 120k annually. 
• Sales Prices : 3-bed villas for sale are priced from AED 979k to AED 1.3M. 
• Additional Options : 4-bed villas are also available for sale at approximately AED 1.6M. 

7.2 Vardon 

• Overview : Vardon is popular for its affordable 3-bedroom villas within Damac Hills 2. 
• Rental Prices : The rental price for 3-bedroom villas ranges from AED 64k to 100k per year. 
• Sales Prices : 3-bedroom villas for sale in Vardon are priced from AED 900k to 1.4M. 

7.3 Avencia 

• Overview : Avencia offers a variety of residential options, including villas and townhouses. 
• Features : This sub-community is known for its modern design and family-friendly amenities. 
• Popular Choice : Avencia attracts families and individuals seeking contemporary living spaces 

7.4 Pacifica 

• Overview : Pacifica features modern villas and townhouses in Damac Hills 2. 
• Residential Options : Offers a variety of contemporary villas and townhouses. 
• Modern Design : Known for its modern architectural styles and amenities. 

7.5 Camellia 

• Overview : Camellia is known for its serene environment and family-friendly atmosphere. 
• Community Features : Offers a tranquil setting amidst green spaces and parks. 
• Ideal for Families : Camellia is popular among families seeking a peaceful residential  
   

8. Real Estate Window Services 

Real Estate Window offers comprehensive services to assist you with all aspects of investing in Dubai real estate. Whether you are looking to invest in the secondary or off-plan market, our expert team is here to help. 

8.1 Property Search and Negotiation 

Our team will assist you in finding the perfect property that meets your needs and budget. We also handle negotiations to ensure you get the best deal possible. 

8.2 Legal and Regulatory Assistance 

We provide guidance on all legal and regulatory aspects of property transactions, ensuring a smooth and hassle-free process. 

8.3 Handover and Post-Sale Services 

From contract signing to property handover, our team will be with you every step of the way. We also offer post-sale services to address any concerns you may have. 

Conclusion 

Off-Plan Properties in Damac Hills 2 offer a blend of luxury, sustainability, and family-friendly living. With a variety of property options, excellent amenities, and attractive ROI, this community is an excellent choice for both investors and homebuyers. Contact Real Estate Window today to explore the best opportunities in Damac Hills 2 and make informed investment decisions.