{
    "entity_type": "real_estate_project",
    "name": "Damac City 2",
    "url": "https://continentalclub.ae/project/damac-city-2-al-wasl/",
    "language": "en",
    "developer": {
        "name": "Damac Properties",
        "url": "https://continentalclub.ae/developers/damac-properties/",
        "registry_name": "Pinnacle Real Estate Developments"
    },
    "location": {
        "community": "Al Wasl",
        "url": "https://continentalclub.ae/location/al-wasl/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "3001",
        "status": "",
        "completion_percent": 5.68,
        "inspection_date": "2026-04-09",
        "escrow_bank": "Emirates NBD",
        "units_in_registry": 731,
        "inspections": [
            {
                "date": "2024-03-25",
                "completion_percent": 0
            },
            {
                "date": "2025-05-13",
                "completion_percent": 0.05
            },
            {
                "date": "2025-12-25",
                "completion_percent": 1.27
            },
            {
                "date": "2026-04-09",
                "completion_percent": 5.68
            }
        ],
        "pace": {
            "percent_per_month": 0.52,
            "basis_from": "2025-05-13",
            "basis_to": "2026-04-09",
            "projected_completion": "2041-06-14",
            "origin": "calculation"
        }
    },
    "commercial": {
        "starting_price_aed": 1266000,
        "price_origin": "ours",
        "currency": "AED",
        "units": 731,
        "handover": "",
        "handover_from": "",
        "handover_registry": "",
        "stage": "",
        "payment_plan": "",
        "down_payment_pct": null,
        "service_charge_aed_sqft": null
    },
    "unit_types": {
        "origin": "registry",
        "rows": [
            {
                "type": "Studio",
                "bedrooms": 0,
                "units": 111,
                "size_sqft_min": 392,
                "size_sqft_max": 400,
                "price_from_aed": null
            },
            {
                "type": "1 B/R",
                "bedrooms": 1,
                "units": 430,
                "size_sqft_min": 705,
                "size_sqft_max": 983,
                "price_from_aed": null
            },
            {
                "type": "2 B/R",
                "bedrooms": 2,
                "units": 183,
                "size_sqft_min": 1019,
                "size_sqft_max": 1495,
                "price_from_aed": null
            },
            {
                "type": "3 B/R",
                "bedrooms": 3,
                "units": 2,
                "size_sqft_min": 3142,
                "size_sqft_max": 3144,
                "price_from_aed": null
            },
            {
                "type": "5 B/R",
                "bedrooms": 5,
                "units": 3,
                "size_sqft_min": 4971,
                "size_sqft_max": 5381,
                "price_from_aed": null
            }
        ]
    },
    "dld_sales": {
        "deals": 582,
        "first_year": 2023,
        "last_year": 2026,
        "median_aed_sqm": 32486,
        "resale_share_pct": 0,
        "yoy_change_pct": 0,
        "deals_last_12m": 264,
        "gross_yield_pct": null,
        "bulk_registration": null,
        "by_bedrooms": [
            {
                "type": "Studio",
                "deals": 107,
                "median_price_aed": 1248000,
                "median_size_sqm": 37,
                "aed_per_sqm": 33730
            },
            {
                "type": "1 bedroom",
                "deals": 327,
                "median_price_aed": 2267000,
                "median_size_sqm": 71,
                "aed_per_sqm": 31930
            },
            {
                "type": "2 bedrooms",
                "deals": 146,
                "median_price_aed": 3337000,
                "median_size_sqm": 107,
                "aed_per_sqm": 31187
            }
        ],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
    "dld_history": {
        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-11-02",
        "sales": {
            "records": 582,
            "first_date": "2023-02-27",
            "last_date": "2026-10-28",
            "last_12m": {
                "n": 264,
                "median_price_aed": 2226000,
                "median_aed_sqm": 32580,
                "median_aed_sqft": 3027,
                "resale_share_pct": 0
            },
            "previous_12m": {
                "n": 317,
                "median_price_aed": 2361000,
                "median_aed_sqm": 32475,
                "median_aed_sqft": 3017,
                "resale_share_pct": 0
            },
            "change_aed_sqm_last_12m_vs_previous_pct": 0,
            "by_year": [
                {"period":"2023","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2025","n":392,"median_price_aed":2319900,"median_aed_sqm":32611,"median_aed_sqft":3030,"resale_share_pct":0},
                {"period":"2026","n":189,"median_price_aed":2256000,"median_aed_sqm":32129,"median_aed_sqft":2985,"resale_share_pct":0}
            ],
            "by_quarter": [
                {"period":"2023-Q1","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2025-Q2","n":118,"median_price_aed":2442460,"median_aed_sqm":32143,"median_aed_sqft":2986,"resale_share_pct":0},
                {"period":"2025-Q3","n":148,"median_price_aed":2318000,"median_aed_sqm":32912,"median_aed_sqft":3058,"resale_share_pct":0},
                {"period":"2025-Q4","n":126,"median_price_aed":2238720,"median_aed_sqm":32761,"median_aed_sqft":3044,"resale_share_pct":0},
                {"period":"2026-Q1","n":75,"median_price_aed":2235000,"median_aed_sqm":32310,"median_aed_sqft":3002,"resale_share_pct":0},
                {"period":"2026-Q2","n":50,"median_price_aed":2218000,"median_aed_sqm":31366,"median_aed_sqft":2914,"resale_share_pct":0},
                {"period":"2026-Q3","n":49,"median_price_aed":2389440,"median_aed_sqm":32580,"median_aed_sqft":3027,"resale_share_pct":0},
                {"period":"2026-Q4","n":15,"median_price_aed":2364100,"median_aed_sqm":33134,"median_aed_sqft":3078,"resale_share_pct":0}
            ],
            "corridor": "price per m2 between 3,000 and 200,000 AED"
        },
        "rent": {
            "records": 0,
            "first_date": null,
            "last_date": null,
            "last_12m": null,
            "previous_12m": null,
            "by_year": [],
            "by_quarter": [],
            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
        "recent_sales": [
            {"date":"2026-11-05","type":"2 B/R","bedrooms":2,"area_sqm":109.1,"price_aed":2965550,"aed_per_sqm":27192,"market":"primary"},
            {"date":"2026-11-04","type":"Studio","bedrooms":0,"area_sqm":37.9,"price_aed":1418350,"aed_per_sqm":37384,"market":"primary"},
            {"date":"2026-11-02","type":"1 B/R","bedrooms":1,"area_sqm":76.3,"price_aed":2949000,"aed_per_sqm":38650,"market":"primary"},
            {"date":"2026-10-28","type":"2 B/R","bedrooms":2,"area_sqm":131,"price_aed":3288550,"aed_per_sqm":25109,"market":"primary"},
            {"date":"2026-10-26","type":"1 B/R","bedrooms":1,"area_sqm":82.9,"price_aed":2609000,"aed_per_sqm":31468,"market":"primary"},
            {"date":"2026-10-21","type":"1 B/R","bedrooms":1,"area_sqm":71.5,"price_aed":2194560,"aed_per_sqm":30710,"market":"primary"},
            {"date":"2026-10-19","type":"1 B/R","bedrooms":1,"area_sqm":65.5,"price_aed":2169600,"aed_per_sqm":33134,"market":"primary"},
            {"date":"2026-10-14","type":"1 B/R","bedrooms":1,"area_sqm":79.3,"price_aed":2076440,"aed_per_sqm":26171,"market":"primary"},
            {"date":"2026-10-12","type":"1 B/R","bedrooms":1,"area_sqm":71.2,"price_aed":2417680,"aed_per_sqm":33975,"market":"primary"},
            {"date":"2026-10-12","type":"1 B/R","bedrooms":1,"area_sqm":68.2,"price_aed":2364100,"aed_per_sqm":34654,"market":"primary"},
            {"date":"2026-10-12","type":"1 B/R","bedrooms":1,"area_sqm":71.2,"price_aed":2446820,"aed_per_sqm":34385,"market":"primary"},
            {"date":"2026-10-12","type":"1 B/R","bedrooms":1,"area_sqm":70.2,"price_aed":2386660,"aed_per_sqm":34017,"market":"primary"},
            {"date":"2026-10-12","type":"1 B/R","bedrooms":1,"area_sqm":68.1,"price_aed":2358460,"aed_per_sqm":34648,"market":"primary"},
            {"date":"2026-10-08","type":"1 B/R","bedrooms":1,"area_sqm":72.1,"price_aed":2120640,"aed_per_sqm":29429,"market":"primary"},
            {"date":"2026-10-08","type":"1 B/R","bedrooms":1,"area_sqm":72.9,"price_aed":2424260,"aed_per_sqm":33277,"market":"primary"},
            {"date":"2026-10-05","type":"1 B/R","bedrooms":1,"area_sqm":71.5,"price_aed":2201150,"aed_per_sqm":30803,"market":"primary"},
            {"date":"2026-10-05","type":"1 B/R","bedrooms":1,"area_sqm":67.3,"price_aed":2381760,"aed_per_sqm":35395,"market":"primary"},
            {"date":"2026-10-01","type":"1 B/R","bedrooms":1,"area_sqm":71.5,"price_aed":2121600,"aed_per_sqm":29689,"market":"primary"},
            {"date":"2026-09-29","type":"1 B/R","bedrooms":1,"area_sqm":77.6,"price_aed":1970320,"aed_per_sqm":25378,"market":"primary"},
            {"date":"2026-09-28","type":"1 B/R","bedrooms":1,"area_sqm":91.4,"price_aed":2390000,"aed_per_sqm":26160,"market":"primary"}
        ],
        "recent_rents": [],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/damac-city-2-al-wasl.md",
    "updated_at": "2026-11-06",
    "translations": {
        "en": "https://continentalclub.ae/project/damac-city-2-al-wasl/",
        "ru": "https://continentalclub.ae/ru/project/damac-city-2-al-wasl-ru/"
    }
}