Damac City 2 in Al Wasl - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Damac City 2

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	37	34,762	1,283,854
1	69	33,190	2,298,826
2	106	32,471	3,453,688
5	500	52,425	26,209,000

The price of an apartment in Damac City 2 is 36,307 AED/sqm on average.

Price for off-plan Studio apartment in Damac City 2 is 1,283,854 AED or 34,762 AED/sqm.
Price for off-plan 1 bedroom apartment in Damac City 2 is 2,298,826 AED or 33,190 AED/sqm.
Price for off-plan 2 bedroom apartment in Damac City 2 is 3,453,688 AED or 32,471 AED/sqm.
Price for off-plan 5 bedroom apartment in Damac City 2 is 26,209,000 AED or 52,425 AED/sqm.

About Damac City 2

'Damac City 2' in 'Al Wasl' area project description

DAMAC City 2 is a luxury residential project by DAMAC Properties in Dubai's Al Wasl area, featuring modern apartments in a high-rise structure. As of late 2025, it stands at just 1.27% construction progress, with a planned completion date not yet specified beyond ongoing development.

DAMAC Properties, a leading luxury developer known for branded residences and upscale communities, handles the project. Construction launched recently, likely in 2025, with no fixed finish date announced; updates indicate minimal advancement by December 2025.

Architecture emphasizes contemporary elegance with premium finishes and smart home technology, similar to DAMAC's signature style in projects like Safa Gate. The layout centers on a 55-storey tower offering 1- and 2-bedroom apartments, with sizes ranging from 750 to 1,400 sqft, optimized for urban sophistication and views of key landmarks.

Amenities mirror DAMAC's high standards, including indoor and outdoor swimming pools, state-of-the-art gymnasiums, yoga studios, spa and sauna facilities, landscaped gardens, children's play areas, BBQ zones, rooftop lounges, on-site restaurants, 24/7 concierge, CCTV security, and parking. These create a wellness-focused environment blending luxury and convenience.

Located in Al Wasl along Sheikh Zayed Road, it offers prime connectivity: 5 minutes to DIFC and City Walk Mall, 10 minutes to Dubai Mall, 15-20 minutes to Dubai International Airport, 20 minutes to Palm Jumeirah, and 25 minutes to Dubai Marina. To reach the beach, drive 20 minutes west via Sheikh Zayed Road to Jumeirah Beach or Palm Jumeirah, with easy metro access nearby enhancing public transport options.

Nearby projects include Safa Gate by DAMAC, directly overlooking Safa Park with similar luxury apartments; DAMAC Hills 2 in Dubailand, a vast master-planned community with villas, townhouses, and themed zones like Water Town and Sports Town, about 25-35 minutes away; and other DAMAC developments such as Damac Islands Phase 2 for waterfront living.

The market positions DAMAC City 2 as part of Al Wasl's growing appeal for high-end urban residences, driven by proximity to business hubs, parks, and entertainment. Its integration into the Safa Park masterplan enhances lifestyle offerings, attracting professionals and families seeking connectivity and exclusivity in Dubai's dynamic real estate landscape. This project reinforces Al Wasl's status as a refined district with seamless blends of city vibrancy and green spaces.

Q&A on Damac City 2

What are the advantages of 'Damac City 2' project in Dubai for property buyers? What are the disadvantages?

No, 'Damac City 2' in Al Wasl is not currently a strong investment due to its early development stage and prime urban location challenges.

Damac City 2 is a high-rise residential tower project by DAMAC Properties in Al Wasl (near Safa Gate), a prestigious Jumeirah area close to Business Bay and Downtown Dubai, featuring extensive parking (711 spaces) and a building area of 1,422,213 sq ft with 9 elevators.

### Advantages for property buyers
- Prime urban location: Situated in upscale Al Wasl, offering superior access to Dubai's business districts, beaches, and high-end retail compared to suburban DAMAC projects.
- Developer reputation: Backed by DAMAC, known for delivering luxury residences and successful communities like Damac Hills 2.
- High-density amenities potential: As a 55-storey tower, it promises modern facilities suited for city living in a vibrant neighborhood.

### Disadvantages for property buyers
- Very early construction stage: Only 1.27% complete as of late 2025, indicating long delays before occupancy.
- Urban density issues: High-rise in busy Al Wasl may face traffic congestion, noise, and limited green space versus family-oriented DAMAC suburbs like Damac Hills 2 or Islands.
- Location mismatch with DAMAC norms: Unlike DAMAC's eco-themed, low-density villa communities in Dubailand (e.g., themed parks, golf courses, lagoons), this lacks confirmed family-focused outdoor amenities.

What projects are better than 'Damac City 2' project in Dubai which are located close by, and why?

Casa Canal in Al Wasl outperforms Damac City 2 due to its direct waterfront position along Dubai Water Canal, offering exclusive sky villas, sky mansions, and penthouses with panoramic views.
It provides superior ultra-luxury amenities including infinity pool, concierge, smart home technology, yoga studio, steam room, sauna, kids club, restaurant, room service, valet parking, and video security - features tailored for high-end waterfront living by developer AHS Properties, focused on bespoke designs for ultra-high-net-worth individuals.

No other projects in the immediate Al Wasl vicinity match this combination of canal-front luxury and comprehensive facilities based on available data.
Wasl upcoming projects like Ashwood Estates and Jumeirah Golf Estates - The Next Chapter emphasize golf and tennis but are located in Jumeirah Golf Estates, not close to Al Wasl.

What are the closest schools to 'Damac City 2' project in Dubai?

Damac City 2 in Al Wasl lacks nearby schools within the community, with the closest options located 8-15 km away in areas like Damac Hills, Arabian Ranches, and Motor City.

### Closest Schools and Locations
- Dubai British School Mira: Nearest at 8.9 km, in Mira community.
- Jebel Ali School: 11-minute drive, in AKOYA Development - Remraam Desert Rd - Al Hebiah Third - Mudon.
- Ranches Primary School: In Wadi Al Safa 7 - Arabian Ranches 2.
- Royal Grammar School Guildford in Dubai: 11-minute drive, in Tilal Al Ghaf Development, Hessa Street.
- GEMS Metropole School: 15-minute drive, in Motor City - Dubai Sports City.
- South View School: Short drive in Dubai Hills Estate / Remraam area.

Al Wasl primarily features higher education like universities nearby, but no primary or secondary schools directly in the area. Distances are approximate driving times from Damac Hills 2 vicinity.

What are the closest medical clinics to 'Damac City 2' project in Dubai?

Closest medical clinics to Damac City 2 in Al Wasl (Al Safa 1 area, Dubai) are along Al Wasl Road in nearby Al Safa, Al Manara, and Umm Suqeim neighborhoods.

- Prime Medical Center: Al Ferdous 1, 591 Al Wasl Road, Al Safa 1, Jumeirah - directly in Al Safa 1 near Damac City 2.
- Specialized Medical Centre: 797 Al Wasl Road, Al Safa 2, Jumeirah - adjacent to Al Safa 1.
- HealthBay Polyclinic: 981 Al Wasl Road, Al Manara, Jumeirah - short distance north on Al Wasl Road.
- Blue Tree Clinic: 967 Al Wasl Road, Al Manara, Jumeirah - next to HealthBay.
- Jumeirah American Clinic: 925 Al Wasl Road, Al Manara, Jumeirah - nearby in Al Manara.
- Al Biraa Clinic: 1029 Al Wasl Road, Al Manara, Jumeirah - further along Al Manara.
- Alma Polyclinic: 1033 Al Wasl Road, Al Manara, Jumeirah - close to Al Biraa.
- Olivia Medical Centre: 1114 Al Wasl Road, Umm Suqeim 2, Jumeirah - south towards Umm Suqeim.
- La Vida Medical Clinic: 1188 Al Wasl Road, Umm Suqeim 2, Jumeirah - nearby in Umm Suqeim 2.
- Quttainah Medical Center: 1268 Al Wasl Road, Umm Suqeim 3, Jumeirah - edge of Umm Suqeim.
- American Hospital: Galleria Mall, 431 Al Wasl Road, Al Wasl, Jumeirah - west towards Al Bada'a.
- M.M.C Sheikh Manaa Bin Hasher Al Maktoum Polyclinic: Al Shafar Building 7, 367 Al Wasl Road, Al Bada'a, Jumeirah - near American Hospital.
- DNA Health & Wellness Center: 899 Al Wasl Road, Al Manara, Jumeirah - in Al Manara cluster.
- Cooper Health Clinic: J3 Mall, First Floor, Al Wasl Road, Al Manara - in Al Manara.
- Life Clinics: Al Wasl Road, Jumeirah - general location on the road.
- Northwest Clinic Day Surgical: Al Wasl Road, Jumeirah - along the road.