Your guide to finding a studio for sale in Damac Hills 2 (Akoya)
Damac Hills 2, formerly known as Akoya Oxygen, is a large master-planned community spanning 55 million square feet in Dubailand. It was designed around a very different idea of suburban living: low density, open green space, and an extensive range of sports and leisure facilities, all at a price point that remains accessible compared to most of the city.
The community is freehold, which means both UAE nationals and foreign buyers are eligible to purchase property here. Studios for sale in Damac Hills 2 (Akoya) are particularly popular among first-time buyers, young professionals, and investors looking for affordable entry into the Dubai property market. The apartments are largely concentrated in a handful of hotel-style residential developments, many sold fully furnished and ready for immediate occupancy or rental.
Market overview
Studios in Damac Hills 2 are priced well below the Dubai average for residential property, which sits around AED 4.6 million. The average asking price for a studio for sale in Damac Hills 2 (Akoya) is approximately AED 439,236, with recent data showing year-on-year price growth of over 13%. Floor plans range from about 350 to 570 square feet, with the community average at about 420 square feet.
In the Navitas Hotel and Residences, compact units of 345 to 357 square feet are typically listed between AED 400,000 and AED 527,999. At Viridis Residence and Hotel Apartments, studios of 417 to 432 square feet generally ask AED 500,000 to AED 550,000, while larger 565 square foot units on higher floors can reach AED 650,000.
Studio apartments in Damac Hills 2 generate an average rental yield of 8.54%, driven by steady demand for affordable suburban housing from tenants priced out of more central communities. Most available units come fully furnished and include central air conditioning, built-in wardrobes, and covered parking, which supports both end-user appeal and investor returns.
Why buy a studio in Damac Hills 2 (Akoya)?
Affordable entry into the Dubai property market
A studio for sale in Damac Hills 2 (Akoya) is cheaper than the city’s average, making it one of the most accessible freehold options in Dubai for first-time buyers and investors with a limited budget.
Strong rental returns
An average rental yield of 8.54% puts Damac Hills 2 among the higher-performing communities in Dubai. Demand from tenants is consistent, supported by the area's affordability and lifestyle facilities.
Recreation-focused lifestyle
Few communities in Dubai offer this level of built-in leisure. Malibu Beach, Water Town, Sports Town, and an outdoor cinema give residents a broad range of activities without leaving the neighbourhood.
Freehold ownership
The community is fully freehold, meaning international buyers can buy a property in Dubai with full ownership rights. This makes it a straightforward option for expatriates looking to build long-term assets in Dubai.
Who should buy a studio in Damac Hills 2 (Akoya)?
Investors
Ideal for investors seeking strong rental yields and long-term capital appreciation in an affordable Dubai community.
First-time buyers
A practical entry point for first-time buyers looking for freehold property at a competitive price.
Young professionals
Professionals who prefer a quieter lifestyle with good road connections to Dubai's business districts.
Expats seeking freehold property
Expats looking for full ownership rights in a well-established suburban community will find good options here.
Amenities and lifestyle
Schools
Healthcare and education require a short drive of around 15 to 20 minutes from the community. Nearby options include:
- Jebel Ali School
- South View School
- Fairgreen International School
Supermarkets and daily essentials
- Carrefour Market (within the community)
- Spinneys (nearby via Al Qudra Road)
- Various convenience stores within the development
Dining and cafes
- Urban Bar Deli
- Dough Me Nation
- Multiple casual dining outlets along the community retail strip
Healthcare
- Mediclinic Parkview Hospital (15 to 20 minutes away)
- Aster Clinic (Al Barsha, approx. 20 minutes)
- NMC Royal Hospital (approx. 25 minutes)
Recreation and fitness
- Malibu Beach: artificial beach and wave pool
- Water Town: lazy river, splash pads, and water play areas
- Sports Town: football pitches, tennis courts, cricket fields, and a basketball court
- Outdoor cinema
- Go-kart track
- Dog parks and dedicated pet-friendly open spaces
- Shared building gyms and swimming pools
Location and transportation
Damac Hills 2 is located in Dubailand and has easy access to Al Qudra Road (D63) and Emirates Road (E611), which connect residents to both Dubai's central districts and the wider UAE road network.
There is no metro station directly within the community, so a personal vehicle is the most practical option for daily commuting. Driving to Dubai Marina or Downtown Dubai takes approximately 30 to 40 minutes under normal traffic conditions. Dubai International Airport is roughly 35 to 40 minutes away by car.
Pros and cons of buying a studio in Damac Hills 2 (Akoya)
Pros
- Entry prices are well below the Dubai average, making this one of the most accessible freehold communities in the city.
- A rental yield of 8.54% makes studios here a strong investment for buyers looking for passive income.
- The leisure offering is exceptional, with a wave pool, outdoor cinema, go-kart track, sports fields, and dog parks all within the community.
- Many units are sold fully furnished with central air conditioning and covered parking included.
- The community is pet-friendly, with dedicated green spaces and dog parks.
Cons
- The inland location means a 30 to 40-minute drive is needed to reach beaches such as JBR or Kite Beach.
- There is no metro station in the community, so residents without a car will rely on taxis for daily travel.
- Some residents have reported occasional delays in building maintenance, so a thorough property inspection before purchase is advised.
FAQs about studios for sale in Damac Hills 2 (Akoya)
Can foreigners buy a studio for sale in Damac Hills 2 (Akoya)?
Yes. Damac Hills 2 is a freehold community, which means international buyers and expatriates can purchase property with full ownership rights.
What is the average price of a studio in Damac Hills 2?
Studios in the community are priced around AED 439,236 on average, with entry-level units available from approximately AED 400,000. Larger or furnished units in premium buildings can reach up to AED 650,000.
Is buying a studio in Damac Hills 2 a good investment?
The community offers an average rental yield of 8.54%, which is above the Dubai average for most property types. Combined with consistent tenant demand and ongoing price growth, it is considered a strong option for buy-to-let investors.
Are studios sold furnished?
Many studios in Damac Hills 2 are sold fully furnished and move-in ready. This is particularly common in the hotel-style residences such as Navitas and Viridis, and removes the cost of fitting out the property before renting or occupying.
What recreational facilities does the community offer?
The community has an extensive leisure offering, including Malibu Beach with its wave pool, Water Town with a lazy river and splash pads, Sports Town with football, tennis, and cricket facilities, an outdoor cinema, a go-kart track, and dedicated dog parks.
How long does it take to commute to central Dubai from Damac Hills 2?
Driving to Downtown Dubai or Dubai Marina takes around 25 to 30 minutes via Emirates Road under normal traffic conditions.