Damac Islands 2 - Antigua
Off-Plan

Damac Islands 2 - Antigua

From AED 2.99M·Handover Dec 2030·20% down payment Payment
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AED 2.99M
Starting Price
Dec 2030
Handover
20% down payment
Payment Plan
4 BR · 5 BR
Type

Project Overview

Damac Islands 2 - Antigua is a project by the developer DAMAC Properties, located in the Damac Islands 2 community. The concept is based on eco-living, where nature, leisure, and social spaces are combined into a harmonious environment. The architecture is designed in a contemporary island style with clear geometric forms, wide cantilevered overhangs, and a thoughtful composition of volumes. The façades combine light tones, natural textures, and panoramic glazing, creating a sense of openness and lightness. The project features four- and five-bedroom townhouses, five-bedroom twin villas, as well as six-bedroom villas. The interiors are designed with a focus on space and natural light. Finishes include stone, wood, and soft textures in a neutral palette. The community offers a zen garden, water and walking spaces, waterfall and yoga areas, a park with sunlit relaxation zones, SPA and wellness infrastructure with pools and aromatherapy, as well as active leisure areas including a zipline, nature parks, and observation decks. The location provides convenient access to key destinations, including Sports City, Motor City, and DAMAC Hills — 15 minutes, Expo 2020 Venue — 20 minutes, Al Maktoum International Airport — 23 minutes, Burj Area — 25 minutes, Dubai Investment Park — 25 minutes, Burj Al Arab — 35 minutes, and Dubai International Airport — 40 minutes.

Project Specifications
DeveloperDamac Properties
LocationDamac Islands 2
Unit Types4 BR, 5 BR, Villa, Townhouse
AreaDamac Islands 2
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 129,191 / year
Cash-on-Cash
2.2%
Levered cashflow AED 30,389
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 194,610 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Damac Islands 2 - Antigua launch basis3,327AED 2.99MCurrent launch / asking basis
Damac Islands 2 ready-stock comps1,500AED 1.35MIndicative resale benchmark
Damac Islands 2 premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Damac Islands 2 - Antigua official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Bar
Beach Access
Bike path
Club house
Coworking zone
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Event Lawns
Fitness Zone
Floral Garden
Indoor Multipurpose Space
Kayaking
Kids Play Area
Lagoon
Landscape Open Areas
Landscaped garden
Landscaped park
Leisure areas
Library
Lounge
Open air gym
Outdoor parking
Park Access
Picnic Area
Pool Deck
Private Lounge
Private pool
Recreational areas
Resting Areas
SPA
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Sports ground
Sunken Garden
Walking paths
Waterfall
Yoga Area
Zen Garden

Location

Damac Islands 2

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Damac Islands 2Damac Islands 2Dubai, UAE

Developer Track Record

01

Damac Islands 2 - Antigua by Damac Properties

02

Located in Damac Islands 2

03

Starting from AED 2,994,000

04

Unit mix includes 4 BR, 5 BR, Villa, Townhouse

05

Expected handover: Dec 2030

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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