Damac Hills 2

DAMAC Hills 2, formerly known as Akoya Oxygen, is a large master-planned residential community by DAMAC Properties in Dubailand. Covering approximately 55 million sq. ft., the development is designed around affordable suburban living, with apartments, townhouses and villas set among landscaped areas, parks, water features and recreational facilities. Its relatively spacious homes and resort-style environment make it particularly attractive to families and investors looking for value compared with more central Dubai communities. One of DAMAC Hills 2’s biggest differentiators is its lifestyle offering. The community features swimming pools, sports courts, cycling and jogging tracks, parks and children's play areas. Water Town is a major attraction, with facilities including Malibu Beach, a wave pool, lazy river and other water-based activities, giving the community a distinctive resort-style character. The location is more suburban than many established Dubai communities. DAMAC Hills 2 has access to major road networks connecting towards Al Qudra Road, Emirates Road and other parts of Dubai. Global Village, Dubai Outlet Mall and IMG Worlds of Adventure are among the major leisure destinations within the wider surrounding area. The community currently has no Metro station, so private vehicles are generally the most convenient way to commute. From a real estate perspective, DAMAC Hills 2 is particularly interesting for investors seeking relatively accessible entry prices and rental income. Recent Property Finder data indicates an average rental yield of around 6.39%, although actual returns vary significantly by property type, location and purchase price. For end users, DAMAC Hills 2 offers a quieter, family-oriented lifestyle with extensive amenities. For investors, its affordability, established community infrastructure and continued development make it an interesting option within Dubai's suburban residential market.