Islands 2
About Islands 2
DAMAC Islands 2 is the newly released Phase 2 of DAMAC Islands, a 20-million-square-foot island-themed masterplan by DAMAC Properties in Dubailand, positioned between Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311). For the month of August, DAMAC has opened a limited release of 3-bedroom townhouses from AED 3.55 million with a 16% down payment — the "Pay Like 4, Live in Five" offer. It is one of the community's best-sellers, and the August allocation is capped.
Buying at launch means securing a unit early on a construction-linked payment plan, with the balance due at handover in 2029. Funds sit in a RERA-regulated escrow account and are released to the developer against verified build progress. Register your interest below for the live price list, floor plans and unit availability before the August release closes.
What you're buying
DAMAC Islands 2 adds larger residential layouts to the wider Islands community — 4 and 5-bedroom townhouses and 5 and 6-bedroom villas, with the August release focused on spacious 3-bedroom townhouses from AED 3.55M. The masterplan is organised into eight island-themed clusters — Bahamas, Bermuda, Tahiti, Barbados, Maui, Antigua, Mauritius and Cuba — each with its own landscaping, water features and character, connected by walkable green corridors.
Payment plan & the August offer
The current limited release carries a 16% down payment, the balance spread in instalments through construction, and 25% on completion at handover in 2029. At an entry point of AED 3.55M the purchase clears the AED 2 million threshold that can qualify an owner for a renewable 10-year Golden Visa under the prevailing rules — a genuine draw for end-users and investors relocating to Dubai. As with any off-plan purchase, underwrite it on achievable rent rather than projected appreciation, and confirm the exact instalment schedule on registration.
Location & connectivity
Sitting in Dubailand between two of Dubai's main arterial roads (E611 and E311), DAMAC Islands 2 gives direct road access across the city while keeping the master community's resort atmosphere. The surrounding districts support established rental demand, and the 2029 handover aligns with the ongoing growth corridor toward Dubai South and DWC. Location matters more off-plan than in a ready market — confirm connectivity and the surrounding pipeline before committing.
The developer: DAMAC Properties
DAMAC Islands 2 is developed by DAMAC Properties, one of Dubai's largest private developers with a long delivery record across Dubai's master communities. On any off-plan purchase the developer's track record is central — see DAMAC's other launches on our developers page, and browse more off-plan Dubai projects by community, developer and payment plan.
Common questions
Where is DAMAC Islands 2? In Dubailand, between Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311), within the wider DAMAC Islands masterplan.
How much does DAMAC Islands 2 cost? The August limited release starts from AED 3.55M for 3-bedroom townhouses with a 16% down payment. Larger townhouses and villas are priced by cluster and plot — register for the full price list.
When does DAMAC Islands 2 hand over? Handover is positioned for 2029. Off-plan dates are developer estimates and can move; confirm before reserving.
Does it qualify for the Golden Visa? At AED 3.55M it is above the AED 2M property threshold that can qualify an owner for a renewable 10-year Golden Visa under the prevailing rules. Eligibility is confirmed by the relevant authorities at purchase.
Payment plan
16% down payment on booking, 25% on handoverThe payment schedule for Islands 2 and handover in 2029. Percentages are of the property price; the 4% DLD transfer fee is shown where the developer includes it in the milestone.
Request the full payment planFloor plans & layouts
Floor plans on requestAbout the developer
DAMAC Properties is a major developer specializing in luxury real estate development in Dubai and other regions. The company was founded in 2002 and has since earned a reputation as one of the leading real estate developers in the United…

