DAMAC Properties has announced the launch of DAMAC Islands 2, a new waterfront community in Dubai inspired by tropical island living. The project marks the company’s seventh master development in the city.
Following the success of DAMAC Islands, the new project draws design inspiration from eight destinations — Antigua, Bahamas, Barbados, Bermuda, Cuba, Maui, Mauritius, and Tahiti. It features landscaped greenery, crystal lagoons, open-air spas, and wellness-focused facilities designed to create a tranquil environment within Dubai’s urban landscape.
DAMAC Islands 2
Amira Sajwani, Managing Director of DAMAC Properties, said: “DAMAC Islands 2 captures the energy of the tropics and the ambition of Dubai. It is more than a place to live; it is an invitation to experience paradise in the heart of our city. This project celebrates the beauty of nature while offering the sophistication and quality that define DAMAC.”
The launch took place at the Coca-Cola Arena, hosted by DAMAC Group Founder and Chairman Hussain Sajwani and Managing Director Amira Sajwani. The event featured Bollywood actors Ranbir Kapoor and Alia Bhatt, with a special appearance by Arab singer Majid Al Mohandis.
Dubai property market growth
Dubai’s property sector continues to show strong momentum. In the first 290 days of 2025, property sales reached Dhs 525.87 billion, exceeding 2024’s total. The third quarter alone recorded 59,228 transactions worth Dhs 170.7 billion.
During the first half of 2025, residential transactions totalled Dhs 262.1 billion, up around 36% from the same period in 2024, while investor demand increased by nearly 26%. DAMAC Islands led villa and townhouse sales in that period, with 4,185 transactions, followed by 1,942 at DAMAC Hills 2.
Project details and pricing
DAMAC Islands 2 will offer a range of luxury residences, including six-bedroom villas of about 583 square meters, five-bedroom twin villas of around 324 square meters, and townhouses ranging from 203 to 293 square meters. Prices start at Dhs 2.7 million.
The company has also launched a global competition titled “The Ultimate Islander,” offering one winner an all-expenses-paid trip and a chance to live and work on one of the islands.
Following a record year, DAMAC continues to expand with projects such as Riverside Views, DAMAC District, and Chelsea Residences, reinforcing its focus on lifestyle-led developments and international growth.
tanvir@dubainewsweek.com
