Damac City 2
Under constructionby Pinnacle Real Estate Developments · Dubai Water Canal
Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.
The median sale price in Damac City 2 is AED 2.24M (AED 3,015 per sqft), in line with the Dubai Water Canal median of AED 3,082 per sqft, from 300 sales in the last 12 months. It is 6% built. The escrow account is at Emirates Nbd Bank (P.J.S.C).
Schedule check
Completed. Units trade as ready homes.
Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.
Registry details
Compare with other projects in Dubai Water Canal
| Project | Developer | Status | Median price | Price / sqft | Sales |
|---|---|---|---|---|---|
| Damac City 2 | Pinnacle Real Estate Developments | 6% | AED 2.24M | 3,015 | 300 |
| Eden House The Park | H & H Development | 64% | AED 8.07M | 3,947 | 108 |
Questions buyers ask
How much does a home in Damac City 2 cost?
The median DLD sale price is AED 2.24M (AED 3,015 per sqft), from 300 sales in the last 12 months. The middle half of sales ran from AED 2.01M – AED 2.55M.
When is the handover of Damac City 2?
Build progress is 6%. Completed. Units trade as ready homes.
Who is the developer of Damac City 2?
Pinnacle Real Estate Developments. The DLD registry lists 1 projects by this developer, 0 of them completed.
Ask before you buy off-plan
- Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
- What share of the price must be paid before the developer allows resale?
- What does the sale agreement say about delay compensation and the latest handover date?
- Is the payment plan linked to construction milestones or to calendar dates?
Get help with Dubai Water Canal from a RERA-licensed specialist.
Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.