Skip to content

Damac Hills 2

Formerly Akoya Oxygen: a very large, very affordable community a long way out, with amenity that surprises people.

30 units in stock. 30 with a confirmed status: 20 ready, 10 under construction. 50th most expensive of 67 districts by median price.

  • highest villa yields
  • lowest entry price for a house
  • remote workers
Median price $848K AED 3,113,140
Entry price $185K AED 680,000 — cheapest unit
Per square foot $320 AED 1,177 / sq ft, median
Ready stock 67% 21 units discounted, up to −25%

What this area is actually like

What it is and where

Damac Hills 2, originally launched as Akoya Oxygen, is a large villa and townhouse community well beyond Damac Hills proper, out towards Al Ain Road on the far inland edge of the developed city.

It is one of the most affordable new-build villa communities in Dubai by a considerable margin, and the price reflects a single dominant factor: distance.

The community is substantially delivered and occupied, with a large resident population, community retail, and an unusually extensive amenity programme including water features, sports facilities and landscaped zones.

The distance, stated plainly

Roughly forty to fifty minutes to Downtown in normal traffic and considerably longer at peak. Marina and the coastal districts are further still.

That is the whole trade. You are buying a house with a garden at a price that would not buy a two-bedroom apartment in a central district, in exchange for a commute that most people find difficult over the long term.

The tenant pool follows: households for whom cost is the deciding factor, people who work from home, and people employed in the southern and inland parts of the emirate.

What you actually get

Townhouses and villas with private gardens, community pools, and an amenity provision that is genuinely generous for the price point — Damac invested heavily in the shared facilities here as the differentiator.

Build quality is entry-level. This is the most price-driven end of the Damac range and the specification reflects it. Walk a delivered unit before committing.

Community retail and schooling exist but are limited; for a substantial shop or a wider school choice, residents drive.

The investment maths

Gross yields here are among the highest in the Dubai villa market, because rents have held up better than the low purchase prices would suggest. For a pure cash-flow investor that is the argument.

Capital growth is the weak point. There is no land constraint at this distance from the city, supply responds immediately to any price increase, and the community itself is very large.

Liquidity is moderate. The buyer pool is other yield investors and price-driven owner-occupiers, both of whom negotiate hard.

What to check

The drive, at the time you or your tenant would actually make it. Do it once before you buy; it is the single most decisive fact about this community.

The specific sub-community and its completion status, since the masterplan is very large and parts are more finished than others.

The service charge relative to the rent. In a low-rent community a charge that would be unremarkable elsewhere consumes a large share of gross income.

The condition of the shared amenity, which requires ongoing maintenance funding and is where large affordable communities most often disappoint.

Who it suits

A yield-focused investor with a long horizon who wants a house-level asset at an apartment-level price and is not expecting capital appreciation.

A family on a constrained budget that values a garden over a short commute, and works remotely or nearby.

It suits poorly anyone commuting to the central or coastal business districts, anyone expecting capital growth, and anyone who has not driven the route.

Available now in Damac Hills 2

Showing 12 of 30
The Farmhouses, Damac Hills 2 −16%

The Farmhouses

6 BR · Villa

AED 16,000,000 AED 19,000,000

8,384 sq ft · 2027-04-29

Ask about NP4-89289
Park Greens, Damac Hills 2 −14%

Park Greens

5 BR · Villa

AED 3,099,000 AED 3,588,000

2,581 sq ft · 2027-03-29

Ask about NP4-90263
Park Greens, Damac Hills 2 −8%

Park Greens

5 BR · Villa

AED 3,050,000 AED 3,300,000

2,462 sq ft · 2027-03-29

Ask about NP4-91015

The market, per the Land Department

Residential price index 167.33 IV квартал 2025
Quarter on quarter +3.32% QoQ
Year on year +8.9% YoY
Full year 2025 +9.81% index 162.51

This is the official index for the whole emirate, not for Damac Hills 2: the Dubai Land Department does not publish a district breakdown publicly. Treat it as background — it tells you whether the market is rising or flat while you read the prices above. Transaction data for a specific building I pull separately, on request. Source: Dubai Land Department, read 07/08/2026.

Questions about Damac Hills 2

Is Damac Hills 2 a good investment?

It produces some of the highest gross yields in the Dubai villa market at the lowest entry prices. Capital growth is weak because there is no land constraint at this distance, and the tenant pool is limited by a forty-to-fifty-minute commute to the centre.

What was Damac Hills 2 called before?

Akoya Oxygen. It was rebranded to Damac Hills 2, though it sits considerably further out than Damac Hills proper and is a distinct community with a different price point.

Other districts

All districts →

Looking at Damac Hills 2 specifically?

Send me the building or the unit and I will pull the registered transaction history, the current service charge and what comparable units actually let for — before you make an offer, not after.

Ask on WhatsApp