Damac City 2, City Walk: Prices, Rents and Recent Sales

Updated 5 October 2026 · Source: Dubai Land Department records · All Dubai area guides

How much does it cost to buy or rent in Damac City 2?

The most recent sale DLD has recorded in Damac City 2 was a 1-bedroom for AED 2,121,600 on 1 October 2026. The latest 10 sales, all from the past 6 months, had a median of AED 3,076 per sq ft.

Source: DLD-recorded sales and Ejari contracts for Damac City 2, Al Wasl. "6 months" and "12 months" mean the 6 and 12 months to the latest data.

Recent sales in Damac City 2

The latest DLD-recorded sales, newest first. Share transfers and data errors are filtered out by the DLD API.

Prices and rents by bedroom in Damac City 2

Over the past 6 months, a typical studio in Damac City 2 sold for AED 1,386,000.

Sale prices

Sale prices: median of DLD-recorded sales of each type in the 6 and 12 months to 7 October 2026 (at least 3 sales). * Busy building: median of the latest 10 sales, all inside that period. Rents: median of Ejari contracts registered in each period (at least 5), matched to each type by the building's registered unit sizes. Gross yield is annual rent divided by the sale price for the same period, before service charges and other costs. – means too few records in that period, or a figure still being compiled.

How prices have moved around Damac City 2

The median price per sq ft across City Walk went from AED 2,401 in Q4 2024 to AED 2,989 in Q3 2026, up 24.5%, and down 5.4% on the same quarter a year earlier. Recent sales in Damac City 2 averaged AED 3,076 per sq ft, 2.9% above the district.

District figures: DLD-recorded sales across Al Wasl, quarters with at least 10 sales. A building-level chart replaces this once enough quarterly data is loaded.

How Damac City 2 compares with City Walk

Recent sales here ran in line with the City Walk median of AED 3,062 per sq ft in September 2026. The district's gross rental yield was 4.8% in the same report. Damac City 2 is by Pinnacle Real Estate Developments, and DLD recorded 413 sales in the project over the past 24 months.

Market reports

For the wider picture, read our monthly reports built from the same DLD records.

• Dubai market report, August 2026: Prices firm as volume slips in August. A pause, or a turn?

Before you buy in Damac City 2

• Ask for the service charge per sq ft and the last two years of statements.
• Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
• Compare the asking price with recorded sales in the same building, not just the area median.
• Get mortgage pre-approval before you make an offer, so you know your real budget.

Questions buyers and owners ask

How much is an apartment in Damac City 2?

Studios sold at a median of AED 1,386,000 over the past 6 months; 1-bedrooms sold at a median of AED 2,392,840 over the past 6 months; 2-bedrooms sold at a median of AED 3,402,520 over the past 6 months, based on DLD-recorded sales.

Who developed Damac City 2?

Pinnacle Real Estate Developments, according to the DLD project register.

Which area is Damac City 2 in?

DLD records it in Al Wasl, the district that covers City Walk (Al Wasl).

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