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DLD register · 1 Nov 20261,801 not completed1,239 under construction227 past DLD end date · median 7 mo238 registered to end in 2026487,805 units in pipeline
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DLD project no. 3001Under construction731 units

Damac City 2 داماك سيتي 2 Al Wasl · Dubai Water Canal by Pinnacle Real Estate Developments L.L.CAll phases of Dubai Water Canal 5.7% built (DLD register as of 1 November 2026) no DLD end date registered DLD register as of 1 November 2026. The end date is the one registered with DLD, not a handover forecast.

Safa Gate tower by Safa Park with the Dubai skyline behind, developer render
Developer's image DAMAC Properties
% built
5.7%
DLD register, 1 November 2026
Latest sales
3,025 AED/sqft
263 sales
1 BR estimate
2.12–2.37 M AED
Automated estimate, not a valuation
Developer
1 project
0 completed · 0 units delivered

CompletionDLD readings of % built, beside the share of the planned period gone

% built

1 November 2026
Built
5.7%
Latest DLD register reading: 5.7% built on 1 November 2026 (register readings: 3). Latest DLD inspection: 5.7% built on 9 April 2026 (inspections: 4).
Every DLD inspection and every change in the register %, newest first
Date % built Source
9 April 2026 5.7% DLD inspection
25 December 2025 1.3% DLD inspection
13 May 2025 0.1% DLD inspection
25 March 2024 0% DLD inspection

Source: Dubai Land Department projects register, as of 1 November 2026. Earlier readings: archived DLD projects exports of 12 May 2024. Source: Dubai Land Department, Project Status inspections (dates and % only), collected on 7 November 2026. DLD Project Status ↗

Our completion calculation

Pace since the last two DLD readings: —

Our calculation from DLD readings. It describes the recent pace only; it is not a forecast of the completion date.

Site timeline

± 6 months
Works startedJul 2022 ± 6 months
Structure risingNot seen yet
Topped outNot seen yet
FinishedNot seen yet

Each date is ± 6 months. This is our reading, not DLD's; no image is shown. Read from imagery dated 30 April 2022 to 25 May 2026; method imagery-v1.

Changes in the DLD register

1 Nov 2026Construction completed: 5.7% → 5.7%.

Source: DLD projects register exports, compared by CraneScore. Dates and progress are those in the Dubai Land Department projects register on each register date, not inspection dates. DLD can revise the end date; we keep every register reading from 28 October 2026 on and list the changes here.

Inspection photos and reports

DLD’s Project Status service (Mashrooi) shows inspection details and site photos. Look the project up by its number.

CraneScore links to DLD and does not copy or host its photos or reports.

Building permits

1 of 1 buildings

Buildings on the project’s plots: 1, on construction permits: 1, as Dubai Municipality lists them.

Furthest stage reached: Foundations.

Work not started
Site works
Foundations
Structure
Masonry
Finishes
Final works
Completed
Buildings
1
1 on construction permits
Permit status
Open
403036
Issued
24 October 2023
Work start
25 January 2024
Expected completion
25 January 2027
Consultant · contractor
AE SEVEN MORSE ARCHITECTURE & ENGINEERING CONSULTANCIES CO L.L.C · MODERN BUILDING CONTRACTING CO. (L .L .C) BR. DUBAI
Buildings by the furthest work stage Dubai Municipality lists
Work stage Buildings
Foundations1

Source: Dubai Municipality building permits, export of 26 October 2026. These dates and stages are Dubai Municipality’s records, not DLD’s register.

DLD registration

DLD services ↗
DLD project number
3001
Escrow agent
Emirates Nbd Bank (P.J.S.C)
Zoning authority
Dubai Municipality
Master project
Dubai Water Canal
DLD area
Al Wasl
Units · villas
731 · 0
Start → DLD end
Jun 2024 → —
Registered unitsStudio 111 · 1 bed 430 · 2 bed 183 · 3 bed 2 · 5+ bed 3; sizes 715–1,019 sqft

Also registered: shops and showrooms 2.

Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.

Description in the DLD register: Project consists of 1B+G+4P+50+R Floors residential. It is designed to have a concrete structure and block with internal and external finishes.

DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae

Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.

AED · sqft
Launch price
3,008 AED/sqft
Median of 216 off-plan sales in the 90 days from the first one (Jun 2025)
Latest registered sales
3,025 AED/sqft
Median of 263 home sales in the last 12 months, ready and off-plan
Change
-0.5%
Same home types on both sides, weighted by the later sales

Dubai Statistics Center residential price index (flats), 2025-Q2 to 2026-Q2: +1.7%.

Prices are over apartments, the type most sales in this project are.

Median AED/sqft (number of sales) by bedroom count, where both periods have at least 5 sales
Bedrooms Launch price Latest registered sales Change
Studio 3,093 (24) 3,476 (13) +12.4%
1 BR 3,009 (117) 2,925 (62) -2.8%
2 BR 2,904 (75) 2,611 (15) -10.1%
Registered sales of apartments by bedroom count over the last 24 months, and the median AED/sqft of the latest off-plan sales (number of sales)
Bedrooms Sales, 24 months Latest median AED/sqft Latest sales
Studio 108 3,476 (13) May 2026 – Nov 2026
1 BR 328 2,925 (62) May 2026 – Nov 2026
2 BR 147 2,611 (15) May 2026 – Nov 2026

Launch price: median AED/sqft of the project's off-plan home sales in the 90 days from its first one, for a first sale on or after 1 March 2020; Skyline Index uses the same rule. Latest: home sales of the last 12 months after the launch window, ready and off-plan; the change compares the same home types. The bedroom table compares the launch window with the last 6 months (12 when 6 have fewer than 5 sales). Off-plan registrations include developer sales and resales; DLD open data does not tell them apart. Sales more than 4 times off the median are left out.

Median AED/sqft by quarter

2025-Q2 → 2026-Q4

Median AED/sqft of registered sales per quarter (apartments). Source: DLD. Grey dashed line: DLD area Al Wasl, median AED/sqft of off-plan sales of apartments by quarter. A quarter with fewer than 5 sales is left as a gap. The last quarter runs to 5 November 2026.

Registered sales per quarter

Registered sales per quarter, off-plan and ready units. Source: DLD.

Rents in DLD area Al Wasl

New Ejari rent contracts for apartments across DLD area Al Wasl, 12 months to 5 November 2026, against the 12 months before: the rent level around this project. No yield is shown before the project is completed.

Bedrooms Median annual rent New contracts Change on a year earlier
1 BR AED 135,000 394 -14%
2 BR AED 215,000 448 -6.5%
3 BR AED 315,000 146 -13.7%
4 BR AED 464,814 12 -28.5%

New single-unit contracts only; renewals and contracts over several units are left out. A bedroom count shows from 5 contracts, a change needs 5 in both years and a yield 10 ready sales.

Source: Dubai Land Department open data (Ejari rent contracts and registered sales), under the Dubai Data Open Data Licence.

Registered sales

The newest sales DLD has registered in this project, as DLD publishes them.

The newest 10 of 265 registered sales in the 12 months to 5 November 2026
DateMarketType Size (sqft) Price (AED) AED/sqft
5 November 2026off-planApartment · 2 BR 1,174 2,965,550 2,526
4 November 2026off-planApartment · Studio 408 1,418,350 3,476
2 November 2026off-planApartment · 1 BR 821 2,949,000 3,592
28 October 2026off-planApartment · 2 BR 1,410 3,288,550 2,332
26 October 2026off-planApartment · 1 BR 892 2,609,000 2,925
21 October 2026off-planApartment · 1 BR 769 2,194,560 2,854
19 October 2026off-planApartment · 1 BR 705 2,169,600 3,077
14 October 2026off-planApartment · 1 BR 854 2,076,440 2,431
12 October 2026off-planApartment · 1 BR 766 2,446,820 3,194
12 October 2026off-planApartment · 1 BR 766 2,417,680 3,156

Each sale as DLD registers it. Off-plan registrations include developer sales and resales, which DLD open data does not tell apart. DLD publishes no buyer or seller names. Shown on this page only, not as a download.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence

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Bedrooms

Estimated value range

Estimated value range
Bedrooms Range, AED Based on Compared at
Studio 1,210,000 – 1,360,000 64 sales, 12 months This project
1 BR 2,120,000 – 2,370,000 170 sales, 12 months This project
2 BR 3,260,000 – 4,030,000 72 sales, 12 months This project
Automated estimate, not a valuation

Estimate as of 5 November 2026 Track this unit

Automated estimate from registered off-plan sales (developer sales and resales mixed); not a valuation by a registered valuer; not for mortgage or court use.

Resale asking prices against the original price

Fewer than 5 resale offers with an original price are tracked for this project.

Across all Dubai off-plan resale offers we track: -3.9% (1,105 offers).

Median asking premium by share of the price already paid (number of offers); shown from 5 offers
Paid to the developer This project All Dubai
0–30% paid—0% (9)
30–50% paid—-5% (51)
50–70% paid—-1.5% (65)
70% paid or more—-3.5% (45)

Asking prices of off-plan resale offers we track, compared with each offer's original price, with the 4% DLD fee removed on both sides. A negative value means asking below the original price. Only aggregates of at least 5 offers are shown; no individual offer, seller or agent is.

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Payment scenarioEnter the developer’s plan to see what you pay and when. DLD has no end date for this project, so handover starts a year from now; move it with the slider.

A scenario from your own inputs, not this project's verified payment plan.

Common plans

Plan shares add up to 100% (must be 100%).

Handover
Nov 2027
No end date registered
Paid by handover
AED 1,045,000
Fees included
Price paid at handover
100%
Total cost
AED 1,045,000
Fees: AED 45,000

Payments per quarter

AED

Payments per quarter, AED, fees included. Illustration from your inputs.

The DLD fee (4% of the price) and the fees above are paid at booking. With a resale price, the unit is sold at handover and the buyer takes over any unpaid balance; agent fees, mortgage costs and service charges are left out. An illustration from your inputs, not financial advice.

Mortgage for a unit here

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LocationAl Wasl · Dubai Municipality community

Medcare Orthopaedics & Spine Hospital · 410 mSafa Park · 530 mA Mart Supermarket · 620 mMedCare Hospital · 700 mJumeirah English Speaking School · 710 mSchool · 720 mHorizon English School · 830 mAl Ittihad Private School · 880 mSouk Extra · 910 mLuLu Express · 910 mAl Safa High School · 940 mNexx Home Healthcare Services · 1 kmFamily Hub · 1.1 kmAl Faris Mall · 1.1 kmRich Supermarket · 1.1 kmAl Quoz Park 2 · 1.1 kmBusiness Bay Metro Station · 1.5 kmMall · 1.5 kmProject location© OpenStreetMap contributors · Dubai Municipality · RTA · Makani
Project location Metro and tram Malls and supermarkets Schools and hospitals Parks and beaches

Places near the project

Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.

Metro stationBusiness Bay Metro Station · Red Metro line · 1.5 km
MallSouk Extra · 910 m
SupermarketA Mart Supermarket · 620 m
HospitalMedcare Orthopaedics & Spine Hospital · 410 m
SchoolJumeirah English Speaking School · 710 m
ParkSafa Park · 530 m
BeachBeach · 2.5 km

School ratings: KHDA’s school directory ↗ · Report a wrong location

Dubai Municipality · Makani · © OpenStreetMap contributors · RTA

New homes within 1.5 km

Open projects within 1.5 km of the pin: 26, with 10,344 units and villas.

2024: 2532025: 1,1292026: 2,5082027: 2,3392028: 8022029: 1,3642030: 2082031: 9892032: 684No end date: 68

Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.

Open projects in Al Wasl: 19

Open projects in the same DLD area, by registered sales in 24 months.

Project Built DLD end date AED/sqft, 12 mo Sales, 24 mo
Eden House The Park 63.6% Feb 2027 3,958 317
City Walk Crestlane 2 6.8% Dec 2028 — 202
City Walk Crestlane 1 0.2% Sep 2029 3,795 199
City Walk Crestlane 3 4.6% Dec 2028 — 195
City Walk Crestlane 4 0% Apr 2030 3,363 186
City Walk Crestlane 5 0% Apr 2030 3,417 151
Damac City 72.8% Dec 2025 2,232 118
MR.C Residences Downtown 73.2% Jan 2027 3,926 82
Muraba Veil 7.6% Dec 2028 — 39
Verve City Walk 13.7% Sep 2028 3,068 35
Cavalli Couture 19.7% May 2025 5,306 17
Casa Ahs 16.1% May 2027 — 14

AED/sqft: median of the project’s registered home sales in the last 12 months, ready and off-plan; a dash with too few sales.

Every project in Al Wasl

Developer in DLD data Pinnacle Real Estate Developments L.L.C · DLD developer no. 1553

Projects registered
1
0 completed · 1 under construction · 0 not started
Units delivered
0
731 in the pipeline

Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.

Other projects in Dubai Water Canal

DLD lists 18 projects in the master project Dubai Water Canal.

One CanalUnder construction · 87.7% · May 2025
Cavalli CoutureUnder construction · 19.7% · May 2025
The RingsUnder construction · 35.1% · Dec 2025
Damac CityUnder construction · 72.8% · Dec 2025
The MelgranoUnder construction · 42.8% · Dec 2026
Eden House The ParkUnder construction · 63.6% · Feb 2027
Casa AhsUnder construction · 16.1% · May 2027
Sea Mirror ResidencesUnder construction · 10.4% · Dec 2027
Muraba VeilUnder construction · 7.6% · Dec 2028
Casa CanalUnder construction · 38.3% · —
Amali ResidencesNot started · 0% · Dec 2030
Private Residences DubaiCompleted · 100% · Sep 2022

Questions about Damac City 2

When is Damac City 2's handover?

DLD lists no end date for it (register of 1 November 2026); the SPA sets the handover terms.

How far along is Damac City 2?

5.7% built in the DLD register of 1 November 2026.

Who is the developer of Damac City 2?

Pinnacle Real Estate Developments L.L.C, as registered with DLD.

What is the DLD project number of Damac City 2?

3001.

Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error