Damac City 2, Al Wasl

    Sold Prices · DLD Data

    Damac City 2

    Al Wasl, Dubai · Dubai Water Canal

    AED 2,987

    Avg Price / sqft

    AED 2.4M

    Avg Sale Price

    148

    DLD Sales Recorded

    13.5%

    Est. Gross Yield

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    Market snapshot

    Damac City 2 — the numbers

    Damac City 2 is a residential building in Al Wasl, Dubai with approximately 731 units. Dubai Land Department records show 148 sales in the building, at an average price of AED 2.4M — around AED 2,987 per square foot.

    Since January 2026, 148 sales completed in Damac City 2, with the average price per square foot moving from AED 3,073 to AED 3,097 (+0.8%). Prices have held broadly steady, a sign of a balanced market in the tower.

    Benchmarked against average residential rents in Al Wasl, a typical unit in Damac City 2 returns an estimated 13.5% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Wasl.

    Figures are from Dubai Land Department transaction records for Damac City 2; individual units vary by floor, view and finish. Gross yield is estimated against average Al Wasl residential rents, before service charges.

    Price trend

    Price trend in Damac City 2

    Average sale price per sqft by month since January 2026+0.8%

    2,8873,0033,119Jan 26: AED 3,073/sqft · 23 salesJan 26Feb 26: AED 3,158/sqft · 16 salesFeb 26Mar 26: AED 2,924/sqft · 36 salesMar 26Apr 26: AED 2,967/sqft · 26 salesApr 26May 26: AED 2,900/sqft · 8 salesMay 26Jun 26: AED 2,848/sqft · 16 salesJun 26Jul 26: AED 3,016/sqft · 18 salesJul 26Aug 26: AED 3,097/sqft · 5 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 1.3M

    AED 3,331/sqft

    40 sales · last 12 months

    1 Bed

    AED 2.3M

    AED 2,906/sqft

    70 sales · last 12 months

    2 Bed

    AED 3.6M

    AED 2,776/sqft

    38 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    14 Aug 2026Sales0392AED 1.4MAED 3,553
    14 Aug 2026Sales1769AED 2.5MAED 3,220
    14 Aug 2026Sales21,174AED 3.1MAED 2,612
    06 Aug 2026Sales1772AED 2.4MAED 3,074
    06 Aug 2026Sales1691AED 2.1MAED 3,027
    30 Jul 2026Sales0395AED 1.5MAED 3,677
    29 Jul 2026Sales0392AED 1.3MAED 3,250
    29 Jul 2026Sales1772AED 2.1MAED 2,711
    29 Jul 2026Sales11,043AED 2.5MAED 2,426
    28 Jul 2026Sales1757AED 2.5MAED 3,254
    27 Jul 2026Sales1769AED 2.2MAED 2,873
    24 Jul 2026Sales1769AED 2.6MAED 3,329
    23 Jul 2026Sales21,502AED 3.4MAED 2,283
    23 Jul 2026Sales1821AED 2.3MAED 2,756
    22 Jul 2026Sales1962AED 2.8MAED 2,946
    20 Jul 2026Sales21,073AED 3.5MAED 3,277
    20 Jul 2026Sales1766AED 2.1MAED 2,766
    15 Jul 2026Sales1769AED 2.2MAED 2,852
    15 Jul 2026Sales0392AED 1.2MAED 3,170
    09 Jul 2026Sales0392AED 1.3MAED 3,215

    About the area

    Damac City 2 is in City Walk Dubai

    City Walk Dubai is a vibrant urban community that perfectly blends residential living with retail and leisure experiences. Developed by Meraas, this mixed-use development is ideally suited for professionals and families seeking a modern lifestyle in a dynamic environment.

    Explore the City Walk Dubai area guide

    Nearby

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    FAQ

    Damac City 2: frequently asked questions

    What is the average price in Damac City 2?

    The average recorded sale price in Damac City 2, Al Wasl is AED 2.4M, around AED 2,987 per square foot, based on Dubai Land Department transaction data.

    Are prices in Damac City 2 going up or down?

    Average sale prices in Damac City 2 have risen +0.8% per square foot since January 2026, across 148 DLD-recorded sales.

    What rental yield can I expect in Damac City 2?

    Based on average Al Wasl residential rents against sale prices in the building, a typical unit in Damac City 2 yields roughly 13.5% gross per year, before service charges and fees.

    How many properties have sold in Damac City 2?

    148 sales have been recorded in Damac City 2 according to DLD data, across approximately 731 units.

    Considering Damac City 2?

    Get honest, DLD-backed guidance on pricing, yields and availability in Al Wasl from Binayah's advisors — no pressure, just the numbers.

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