Frequently Asked Questions
Quick answers to the questions you may have. Can't find what you're looking for? Reach out to us directly.
Where exactly is DAMAC Islands Phase 2 located?
DAMAC Islands Phase 2 is part of Dubai Islands on the city's northern coastline, with quick access to major roads including Sheikh Zayed Road and Mohammad Bin Zayed Road. Downtown Dubai and DXB Airport are typically about 25–35 minutes by car, depending on traffic.
Is DAMAC Islands Phase 2 freehold and can foreigners buy?
Yes. DAMAC Islands Phase 2 offers freehold ownership and is open to all nationalities, allowing full ownership and resale rights.
What property types and starting prices are available?
Phase 2 features 4–5 bedroom townhouses starting around AED 2.7M and 5–7 bedroom villas from approximately AED 5.2M, with premium waterfront plots commanding higher prices.
What payment plans are offered?
Flexible plans such as a 1% monthly plan and a 75/25 milestone plan are available on selected units. Actual schedules vary by property and availability.
How much is the down payment to book a unit?
Reservation terms vary, but many launches require a booking fee or initial installment typically in the 10–20% range. Your sales agreement will specify exact amounts and due dates.
What is the Dubai Land Department (DLD) fee?
DLD registration fees are commonly around 4% of the property price plus admin charges. Your final costs will be itemized in your purchase documents.
Are mortgages available for DAMAC Islands Phase 2 properties?
Yes. Eligible buyers can obtain mortgages from UAE banks. For off‑plan, lenders may offer finance based on construction milestones and buyer eligibility.
Can I buy remotely from overseas?
Yes. Remote purchase is common and can be completed via digital signing and, where needed, a Power of Attorney. Your advisor will guide you through KYC and compliance.
What documents are required to buy?
Typically a copy of your passport (and Emirates ID if resident), current contact details, and source‑of‑funds/KYC as requested by the developer and bank (if financing).
When is handover expected?
Deliveries are staggered by cluster. Initial clusters target Q4 2028, Seychelles 2 is scheduled for June 2029, and other phases progress through 2029. Always check your SPA for the specific handover date.
What amenities are planned inside DAMAC Islands Phase 2?
Private beaches, resort‑style pools, gyms, spa facilities, retail and dining, children’s play areas, landscaped parks, and 24/7 community security, with unique features per themed island.
Is short‑term rental (holiday home) allowed?
Dubai permits licensed holiday homes under DTCM. Community and building rules also apply. Check HOA/management guidelines for specific restrictions before investing.
What are the expected service charges?
Service charges typically range by unit size and amenity usage. A common guidance band is roughly AED 15–25 per sq ft per year. Confirm the latest figures for your selected unit.
What ROI can investors expect?
Market indicators for comparable luxury communities suggest rental yields around 6–8% with potential capital appreciation over the medium term. Returns depend on timing, unit type, and market conditions.
Do properties come furnished?
Core units are usually handed over unfurnished with premium finishes. Optional furniture or interior packages may be offered by partners at additional cost.
Are there smart‑home features?
Many new releases include smart‑ready wiring, app‑controlled AC/lighting options, and energy‑efficient systems. Specifications vary by collection and plot.
What is included at handover?
On completion, you receive keys after settlement, final inspections, and obtaining the necessary NOC. Off‑plan buyers receive Oqood registration during construction, followed by the title deed post completion.
Is there a warranty or defect liability period?
New homes in Dubai typically include a developer defects liability period (commonly 12 months) and a structural warranty (often up to 10 years). Refer to your SPA for exact coverage.
What is the process to reserve and pay?
Reserve the unit with the booking amount, complete KYC, sign the SPA, and follow the agreed installment schedule. Payments are made via bank transfer, manager’s cheque, or approved channels.
Can I resell before handover?
Resales are generally permitted subject to the developer’s and DLD policies. Minimum paid‑up thresholds and NOC fees may apply. Check current rules for your tower or cluster.
Are pets allowed?
Yes. DAMAC Islands Phase 2 is pet‑friendly, with rules to ensure comfort for all residents. Designated outdoor areas and walking paths are planned.
How close are schools, hospitals, and malls?
Within a short drive you’ll find established schools, clinics, and shopping destinations across Deira, Al Mamzar, and the wider Dubai Islands area. Your advisor can share the latest proximity list.
Is beach access included?
Yes. Waterfront living is a core feature. Selected clusters offer direct or convenient access to private beaches and seaside promenades.
Are there marinas or yacht facilities?
Marina access and waterfront promenades are part of the broader Dubai Islands master plan, with specific berths and facilities varying by phase and operator.
What are typical closing costs besides DLD fee?
Expect admin, NOC, and utility connection charges. Agency commission may apply on certain transactions. Your completion statement will outline all payable items.
Do buyers qualify for UAE Golden Visa?
Yes. Property investors may be eligible for 5‑year or 10‑year residency depending on investment value and current rules. We can guide you through the latest criteria.
Are payment plan installments interest‑free?
Developer installment plans are typically interest‑free. Bank mortgages carry interest as per your loan agreement.
Is there rental management support?
You can work with third‑party property managers for long‑term or licensed holiday home operations. We can recommend vetted partners.
What sizes and floor plans are available?
A wide mix of built‑up areas and plot sizes exists across townhouses and villas. Floor plans and view options are available on request for each release.
Can I customize interiors or layouts?
Core structural changes are restricted, but buyers often personalize finishes, lighting, landscaping, and furnishings after handover, subject to community approvals.
What security and access control is provided?
Communities feature 24/7 security, controlled access, and CCTV in common areas. Private parking is provided per unit type.
How sustainable is the development?
Modern insulation, low‑E glazing, LED lighting, water‑saving fixtures, and landscaping strategies are commonly deployed to reduce consumption and improve comfort.
Are there community rules I should be aware of?
Yes. Community guidelines cover alterations, facade standards, pet policies, noise, and short‑term rental procedures to maintain quality of life and value.
How do I arrange a viewing or show villa tour?
Contact us to book an appointment. We can schedule site tours, virtual walkthroughs, and sample unit viewings depending on construction progress.