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Dubai · Damac Gems Estates

Gems Estates phase 2 By Damac by Damac Properties

At a glance

Specifications

Address

Dubai,Damac Hills,Damac Gems Estates,Damac Gems Estates 2

Price range

AED 24,112,000

Completion

Ready

Payment plan

20% / 40% / 40%

Property type

Villa

About this project

Gems Estates Phase 2: Damac's High-End Villas in Damac Hills

Gems Estates Phase 2 is a villa development by Damac Properties inside Damac Hills, a master-planned community in the Dubailand corridor. The project occupies the Damac Gems Estates 2 sub-community, a distinct residential pocket within the Gems Estates cluster. At this price point, the project sits at the premium end of Dubai's villa market.

Where Damac Hills Puts You Day-to-Day

Damac Hills occupies the Dubailand corridor, sitting roughly between Emirates Road and Sheikh Mohammed Bin Zayed Road. The drive to Downtown Dubai or Dubai Marina runs around 30 to 35 minutes in typical traffic. There is no Metro line nearby, so a car is the only viable daily transport option.

What Damac Hills trades on is scale and self-sufficiency. A golf course, parks, retail, hotels, and leisure facilities are embedded in the master plan. Day-to-day errands, dining, and recreation are available within the development without leaving the community. That model suits families who value space and managed green areas over proximity to central Dubai. The rental market in the community reflects that family demographic, though villas at this price tier are primarily end-user and long-hold investor territory rather than a short-term yield play.

AED 24.1 Million: What That Number Means Here

The listed price is AED 24,112,000. Both minimum and maximum are the same figure, pointing to either a standardised villa type across the project or a specific unit offered at a single price. There is no range to analyse. At this level, buyers are in the premium villa segment. The typical profile is a high-net-worth individual buying for personal use, or a long-hold investor for whom capital appreciation is the primary return driver.

Villas are the only product type. No apartments or townhouses are available. That single-format approach focuses the buyer pool on those seeking a standalone home with private outdoor space, rather than buyers weighing up across property types.

What the Amenity Set Signals

Category Amenities
Wellness & Fitness Gymnasium, Indoor Swimming Pool
Outdoor & Leisure Landscaped Gardens, Barbecue Area, Children's Play Area
Food & Beverage Restaurants
Security CCTV Security

The indoor pool is the standout. Almost every villa community in Dubai defaults to an outdoor pool, so an indoor facility reflects a deliberate year-round usability choice. The summer heat makes outdoor water amenities less practical for daily use, and an indoor pool addresses that directly. The barbecue area and children's play area confirm the family-resident orientation. Together, the outdoor leisure amenities point to a resident who spends regular time on the grounds rather than treating the villa as an occasional base. Restaurants within the development reduce the need to drive out for day-to-day dining.

Past the Build: What the Timeline Tells You

Construction started in December 2022, with a scheduled completion of September 2024. That date has now passed. The project is at or beyond the handover milestone. Given that the build ran approximately 21 months from construction start to scheduled completion, buyers evaluating this now are looking at a completed or near-completed asset rather than an early off-plan entry.

Getting In at 20% Down

Stage Payment
Down payment 20%
During construction 40%
At handover 40%

The 20% down payment translates to roughly AED 4.82 million at this price. That is the entry commitment before construction payments begin. The structure then runs 40% during construction and lands the remaining 40% at handover, making handover the single largest payment event in the schedule. There is no post-handover instalment plan, so the full purchase price settles at transfer with no deferred obligations beyond handover.

Payment plan

Pay as construction progresses

  1. Step 0120%
    Down payment20% paid
  2. Step 0240%
    During construction60% paid
  3. Step 0340%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. Dec 2022

    Booking started
  2. Dec 2022

    Construction Started
  3. Sep 2024

    Expected Completion
Lifestyle

What's on site

Location

Where it sits

Dubai,Damac Hills,Damac Gems Estates,Damac Gems Estates 2

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FAQ

Questions buyers usually ask

Q01

What is the starting price for villas in Gems Estates phase 2?

The starting price for villas in Gems Estates phase 2 by Damac is AED 24,112,000. This premium pricing reflects the luxury offerings and exclusive lifestyle available in DAMAC Hills, Dubai.

Q02

What types of properties and prices are available in Gems Estates phase 2?

Gems Estates phase 2 features luxurious villas with a starting price of AED 24,112,000. This exclusive development in DAMAC Hills, Dubai, caters to high-end investors looking for opulent living spaces.

Q03

What is the payment plan for Gems Estates phase 2 in DAMAC Hills?

Gems Estates phase 2 offers a convenient payment plan with 20% down payment, followed by 40% during construction and the remaining 40% on handover. This structure makes investing in Dubai real estate more manageable for buyers.

Q04

When will Gems Estates phase 2 be ready for occupancy?

Gems Estates phase 2 is expected to be ready by September 15, 2024. Investors can look forward to a luxurious living experience in DAMAC Hills as the completion date approaches.

Q05

Where is Gems Estates phase 2 located?

Gems Estates phase 2 is located at Dubai, DAMAC Hills, Damac Gems Estates. This prime location offers proximity to leisure and recreational options, making it ideal for families and investors alike.

Q06

Who is developing Gems Estates phase 2?

Gems Estates phase 2 is developed by the reputable Damac Properties, known for creating exclusive developments in Dubai's luxury real estate market. Their expertise ensures high-quality construction and premium amenities.

Q07

What amenities are available in Gems Estates phase 2?

Gems Estates phase 2 offers a variety of top-notch amenities including landscaped gardens, a gymnasium, indoor swimming pool, restaurants, CCTV security, a barbecue area, and a children's play area. These features enhance the luxurious lifestyle for residents.

Q08

What types of properties are available in Gems Estates phase 2?

Gems Estates phase 2 features exclusive villas tailored for luxury living. These spacious units are designed for those seeking a premium lifestyle in one of Dubai's most sought-after communities.

Q09

Is Gems Estates phase 2 a good investment opportunity?

Investing in Gems Estates phase 2 can yield excellent returns due to its location in DAMAC Hills and the luxury lifestyle it offers. With a projected completion in 2024, buyers can anticipate capital appreciation and high rental yields.

Q10

How can I book a unit in Gems Estates phase 2?

To book a unit in Gems Estates phase 2, potential buyers can contact us directly for more information. We will guide you through the booking process and provide all necessary assistance to secure your investment.

Ready when you are

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