Developer: Damac Elite Investment Co · Damac Islands

Damac Islands – Bali 2

Damac Islands – Bali 2 is a residential project by Damac Properties in Damac Islands, Dubai, with handover 31.12.2028, construction 2.8% complete per the DLD registry.

Construction2.8%

Payment plan 75/25

The purchase price is split into these stages.

120%Down payment
255%During construction
325%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Construction progress

2.79%
  • Handover31.12.2028
  • Status date04.05.2026
  • DLD project number3490

Data from the Dubai Land Department project registry (updated 23.08.2026 09:55).

Construction progress 9
4 May 2026 2.79%
Damac Islands - Bali 2, Damac Islands construction progress — 4 May 2026, 2.79% complete, photo 1 of 4Damac Islands - Bali 2, Damac Islands construction progress — 4 May 2026, 2.79% complete, photo 2 of 4Damac Islands - Bali 2, Damac Islands construction progress — 4 May 2026, 2.79% complete, photo 3 of 4Damac Islands - Bali 2, Damac Islands construction progress — 4 May 2026, 2.79% complete, photo 4 of 4

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
20.08.2026117.42 049 912
08.07.2026144.02 377 000
04.06.2026144.02 100 000
03.06.2026144.02 000 000
26.03.2026232.74 191 000
17.02.2026144.02 300 000
05.01.2026144.02 539 000
17.12.2025226.23 125 760
20.11.2025144.02 650 000
10.11.2025219.63 628 000
03.11.2025242.93 843 000
27.10.2025287.74 070 000
25.09.2025228.13 321 000
25.08.2025230.33 447 000
21.08.2025144.02 501 000
12.08.2025228.84 392 000
04.08.2025144.02 329 460
29.07.2025232.34 190 000
28.07.2025144.02 377 000
28.07.2025226.33 256 000

Dubai Land Department transaction registry, updated 2026-08-22. Explore Dubai property transactions →

Registered transactions in Damac Islands – Bali 2

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

344deals since 2025
16 506AED per m², median
100%resale, the rest bought from the developer
-3%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +5% over the same period, so the building lagged.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Places nearby

🌳 Town Square Park · 3.6 km🌳 Damac Hills Park · 4.9 km
Damac Islands – Bali 2

About the project

Damac Islands – Bali 2 is a residential project of 338 townhouses and villas within Damac Islands in Al Yelayiss 1, Dubai. It is being developed by Damac Elite Investment Co and comprises G+1 and G+2 homes. The project is active, with completion recorded at 2.79% and scheduled completion on 31 December 2028.

Project overview and construction

Damac Islands – Bali 2 occupies a total area of 57,790.16 square metres and contains 338 residential units. The homes are configured as G+1 and G+2 townhouses and villas, creating a low-rise residential component within the wider Damac Islands community. Construction began on 15 April 2025, and the scheduled project completion date is 31 December 2028. The recorded construction progress is 2.79%, based on an inspection dated 4 May 2026. The homes are designed with concrete structures, blockwork, and internal and external finishes.

Homes within the Bali neighbourhood

The project consists solely of townhouses and villas rather than apartment buildings. Its 338 homes are arranged across G+1 and G+2 formats, placing the development within the low-rise housing mix of Damac Islands. Damac Islands is organised as a collection of themed residential neighbourhoods inspired by tropical destinations, including Bali, Fiji and Hawaii. The wider community layout combines detached and attached homes with landscaped edges and water channels. The masterplan places villas and townhouses around interconnected lagoons running through the centre of the community.

Damac Islands water and leisure concept

Damac Islands is planned around a central system of lagoons and water features. Community features include a lagoon for swimming and paddling, a waterfall lagoon, an aqua park, and a jungle river with vegetation, waterfalls and rapids. The concept also includes an Aqua Dome with underwater projections and dining areas, water platforms for bars and events, and a central fountain combining water, fire and laser elements. Additional planned facilities include floating yoga decks, a Hot Springs Spa with cascading lagoon waterfalls and infinity pools, a calisthenics park, a fitness park, a zipline, jungle swings, and a wedding venue beside the main lagoon. A gondola-style paddling experience with LED lighting is also included in the community concept.

Setting in DubaiLand

Damac Islands is a masterplanned residential community in the DubaiLand area, while Damac Islands – Bali 2 is located in Al Yelayiss 1, Dubai. The community’s central lagoons, landscaped areas and themed neighbourhoods form the setting for its townhouse and villa districts. Global Village is 4.5 km from Damac Islands. Mall of the Emirates is 14.4 km away, while Dubai Marina is 17.5 km away and Expo City Dubai is 17.4 km away. Downtown Dubai is 18.9 km away, Dubai International Airport is 25.6 km away, and Al Maktoum International Airport is 20.7 km away.

Project timeline and current progress

The project start date is 15 April 2025 and the scheduled completion date is 31 December 2028. Damac Islands – Bali 2 is currently marked as active. Its completion ratio is recorded as 2.79%, with the latest listed inspection dated 4 May 2026. The development therefore remains in the early construction stage on its route toward the scheduled 2028 completion date. The total project area is 57,790.16 square metres, with 338 townhouses and villas planned across the site.

Developer

Damac Elite Investment Co is the developer of Damac Islands – Bali 2. The company is responsible for a project comprising 338 G+1 and G+2 townhouses and villas in Damac Islands. The project forms part of a wider DubaiLand community planned around themed residential districts, lagoons, landscaped edges and water-focused recreational spaces. Construction for Damac Islands – Bali 2 commenced on 15 April 2025, with completion scheduled for 31 December 2028.

Frequent questions

Who is the developer of Damac Islands - Bali 2?
Damac Islands - Bali 2 is being developed by Damac Elite Investment Co.
Where is Damac Islands - Bali 2 located?
The project is within Damac Islands in Al Yelayiss 1, Dubai, in the DubaiLand area.
What types of properties are available at Damac Islands - Bali 2?
The project comprises 338 G+1 and G+2 townhouses and villas.
When is Damac Islands - Bali 2 due for completion?
The scheduled completion date is 31 December 2028.
What is the current completion status of Damac Islands - Bali 2?
The project is active and has a recorded completion ratio of 2.79%. The listed inspection date is 4 May 2026.
When did construction start at Damac Islands - Bali 2?
Construction started on 15 April 2025.
How large is Damac Islands - Bali 2?
The project has a total area of 57,790.16 square metres and includes 338 homes.
What is nearby Damac Islands - Bali 2?
Global Village is 4.5 km away. Mall of the Emirates is 14.4 km away, Dubai Marina is 17.5 km away, and Expo City Dubai is 17.4 km away.
How can I buy an apartment in Damac Islands - Bali 2?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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