Damac City 2
Alerts: Get notified of every new DLD-registered sale and rental contract.
Damac City 2 is an under-construction apartment development by PINNACLE REAL ESTATE DEVELOPMENTS L.L.C in Dubai Water Canal, Al Wasl, comprising 731 registered units. 539 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,993 per sqft. At AED 2,993 per sqft, Damac City 2 prices 11% below the Dubai Water Canal average of AED 3,345 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© Core Project-Wide 392 – 5,381 sqft | 731 | 2.49M | 2,993 | ↓0.6% | |
| Residential | |||||
Studio · Apartment 392 – 408 sqft | 111 | ||||
1 Bed · Apartment 691 – 1,687 sqft | 430 | ||||
2 Bed · Apartment 1,014 – 1,852 sqft | 183 | ||||
3 Bed · Apartment 3,142 – 3,144 sqft | 2 | — | — | — | — |
5 Bed · Apartment 4,971 – 5,381 sqft | 3 | — | |||
| Commercial | |||||
Shop 3,084 sqft | 2 | — | — | — | — |
| Floors | Median PSF |
|---|---|
| All floors | 528 sales |
| Floors 2-28 | 334 sales |
| Floors 29-49 | 194 sales |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 14 Aug 2026 | 1 Bed | Floor 33 | 769 | 2,477,000 | 3,220 | — | Premium | Off-Plan Sale |
| 14 Aug 2026 | 2 Bed | Floor 25 | 1,174 | 3,065,790 | 2,612 | — | Standard | Off-Plan Sale |
| 14 Aug 2026 | Studio | Floor 43 | 392 | 1,394,000 | 3,553 | — | Premium | Off-Plan Sale |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Dubai Water Canal
The closest-priced registered projects in Dubai Water Canal.
- Canal Front Residences-CF7 & CF8 & CF9AED 3,022/sqft
- Canal Front Residences-CF3&CF4AED 2,810/sqft
- Canal Front Residences-CF5&CF6AED 2,692/sqft
- Canal Front Residences CF1 & CF2AED 2,594/sqft
- Damac CityAED 2,525/sqft
- Muraba VeilAED 3,790/sqft
Common questions about Damac City 2
Answered from Dubai Land Department registered transactions.
How much does a property in Damac City 2 cost?
Property in Damac City 2 sells at a current PIX© price of AED 2,993 per sqft, or about AED 2,491,903 for a typical unit, based on 539 sales registered with the Dubai Land Department.
When is Damac City 2 handing over?
Damac City 2 is under construction.
Who is the developer of Damac City 2?
Damac City 2 is developed by PINNACLE REAL ESTATE DEVELOPMENTS L.L.C, the developer recorded against the project in the Dubai Land Department register.
How many units are in Damac City 2?
Damac City 2 holds 731 registered units, per the Dubai Land Department unit register.
Have prices in Damac City 2 gone up or down?
Price per sqft has fallen -0.6% over the last 12 months, to AED 2,993, across 539 registered sales.