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Santorini 2 is an under-construction land development by ISLAND OASIS PROPERTIES in DAMAC Lagoons, Al Hebiah Fifth, comprising 388 registered villas. 631 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,709 per sqft. At AED 1,709 per sqft, Santorini 2 prices 2% above the DAMAC Lagoons average of AED 1,677 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 1,550 – 3,374 sqft | 388 | 3.06M | 1,709 | ↑22.5% | 174K | 5.7% | |
| Residential | |||||||
3 Bed · Villa 1,550 sqft | 13 | — | — | — | — | — | — |
4 Bed · Villa 1,550 sqft | 213 | ||||||
5 Bed · Villa 1,550 – 3,374 sqft | 162 | ||||||
| Land | |||||||
Land 1,550 – 2,364 sqft | — | — | — | ||||
| Date | Unit | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 14 Aug 2026 | — | 1,550 | 3,250,000 | 2,097 | — | Standard | Standard Sale |
| 13 Aug 2026 | — | 1,550 | 3,200,000 | 2,065 | — | Standard | Payment Plan Sale |
| 21 Jul 2026 | 5 Bed | 2,364 | 3,975,000 | 1,682 | +42.0% | Standard | Standard Sale |
| Start Date | Unit | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 17 Aug 2026 | 4 Bed | 1,550 | 145,000 | 94 | — | Entry Level | new |
| 17 Aug 2026 | 5 Bed | 2,315 | 180,000 | 78 | — | Standard | new |
| 17 Aug 2026 | 5 Bed | 1,550 | 195,000 | 126 | — | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in DAMAC Lagoons
The closest-priced registered projects in DAMAC Lagoons.
- Lagoon Views 7AED 1,708/sqft
- IbizaAED 1,707/sqft
- MykonosAED 1,704/sqft
- Malta 2AED 1,703/sqft
- Santorini 1AED 1,717/sqft
- Costa Brava 1AED 1,721/sqft
Common questions about Santorini 2
Answered from Dubai Land Department registered transactions.
How much does a property in Santorini 2 cost?
Property in Santorini 2 sells at a current PIX© price of AED 1,709 per sqft, or about AED 3,059,136 for a typical unit, based on 631 sales registered with the Dubai Land Department.
When is Santorini 2 handing over?
Santorini 2 is under construction, due q3 2025, and is 94% complete against the Dubai Land Department's reported progress.
Who is the developer of Santorini 2?
Santorini 2 is developed by ISLAND OASIS PROPERTIES, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Santorini 2?
Santorini 2 yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 81 registered Ejari contracts.
How many villas are in Santorini 2?
Santorini 2 holds 388 registered villas, per the Dubai Land Department unit register.
Have prices in Santorini 2 gone up or down?
Price per sqft has risen +22.5% over the last 12 months, to AED 1,709, across 631 registered sales.