Damac City 2, Al Wasl

    Sold Prices · DLD Data

    Damac City 2

    Al Wasl, Dubai · Dubai Water Canal

    AED 2,983

    Avg Price / sqft

    AED 2.4M

    Avg Sale Price

    177

    DLD Sales Recorded

    4.5%

    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 177 sales in the building, at an average price of AED 2.4M — around AED 2,983 per square foot.

    Since January 2026, 177 sales completed in Damac City 2, with the average price per square foot moving from AED 3,073 to AED 2,969 (-3.4%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Al Wasl, a typical unit in Damac City 2 returns an estimated 4.5% 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 2026-3.4%

    2,8873,0033,119Jan 26: AED 3,073/sqft · 23 salesJan 26Feb 26: AED 3,158/sqft · 16 salesMar 26: AED 2,924/sqft · 36 salesMar 26Apr 26: AED 2,967/sqft · 26 salesMay 26: AED 2,900/sqft · 8 salesMay 26Jun 26: AED 2,848/sqft · 16 salesJul 26: AED 3,016/sqft · 18 salesJul 26Aug 26: AED 3,119/sqft · 14 salesSep 26: AED 2,868/sqft · 17 salesSep 26Oct 26: AED 2,969/sqft · 3 sales

    Unit types

    Prices by unit type

    Studio

    AED 1.3M

    AED 3,351/sqft

    43 sales · last 12 months

    1 Bed

    AED 2.3M

    AED 2,897/sqft

    91 sales · last 12 months

    2 Bed

    AED 3.6M

    AED 2,796/sqft

    43 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    02 Oct 2026Sales1724AED 2.4MAED 3,288
    02 Oct 2026Sales1769AED 2.2MAED 2,862
    01 Oct 2026Sales1769AED 2.1MAED 2,758
    29 Sept 2026Sales1836AED 2.0MAED 2,358
    25 Sept 2026Sales1983AED 2.4MAED 2,430
    24 Sept 2026Sales1769AED 2.5MAED 3,302
    24 Sept 2026Sales21,091AED 3.4MAED 3,090
    21 Sept 2026Sales1821AED 2.5MAED 3,102
    21 Sept 2026Sales1784AED 2.4MAED 3,062
    18 Sept 2026Sales1821AED 2.6MAED 3,120
    18 Sept 2026Sales1772AED 2.4MAED 3,104
    18 Sept 2026Sales1835AED 2.0MAED 2,380
    17 Sept 2026Sales1769AED 2.4MAED 3,118
    17 Sept 2026Sales1821AED 2.6MAED 3,111
    15 Sept 2026Sales1765AED 2.4MAED 3,118
    15 Sept 2026Sales1828AED 2.4MAED 2,886
    15 Sept 2026Sales1859AED 2.4MAED 2,845
    09 Sept 2026Sales1846AED 2.1MAED 2,532
    09 Sept 2026Sales1963AED 2.7MAED 2,754
    03 Sept 2026Sales21,174AED 2.9MAED 2,440

    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 2,983 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 eased -3.4% per square foot since January 2026, across 177 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 4.5% gross per year, before service charges and fees.

    How many properties have sold in Damac City 2?

    177 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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