SellingTownhouseFreehold

DAMAC Hills 2 — Verona

DAMAC Hills 2, Dubailand, Dubai

Under construction and selling from the developer.

Townhouse clusters in DAMAC Hills 2 running six quarters behind the launch target — the largest slip among the projects we currently track.

Starting price

AED 1,650,000

Target handover

Q4 2026

Total units

640

The EMINAAR verdict

  • Escrow account verified with Mashreq, last checked 4 Aug 2026.

  • Handover has moved from Q2 2025 promised at launch to Q4 2026 — 18 months later.

  • DAMAC Properties is Gold tier, delivering 58% of tracked projects on time with an average slip of 7.9 months.

Compiled from verified data. Not editable by developers or agents.

Delivery record

Promised at launch

Q2 2025

Current target

Q4 2026

Moved back 18 months
Construction, as verified by EMINAAR68%
RERA · verified 4 Aug 2026

We publish construction checkpoints only where we have verified the reading and can name its source. This project has one current reading and no earlier verified history — so none is shown rather than estimated.

Unit mix

3 BR4 BR
Size range across all types
1,550 sqft 2,400 sqft
Total units
640

Per-type size bands and starting prices are not published for this project. We show the range that covers all unit types rather than dividing it up, because that division would be a guess.

About Jumeirah Village Circle

Dubai's highest-volume mid-market community. The entry point for most first-time investors, with the widest spread of quality between developers of anywhere we track.

Marina
12 min drive
Downtown
20 min drive
Parks
33 district parks
Airport
DXB — 25 min drive
Explore Jumeirah Village Circle
Building detailsSpecification, counts and amenities
Floors
2
Swimming pools
6
Parking spaces
1,280
Ownership
Freehold
Furnishing
Unfurnished
Size range
1,550 sqft – 2,400 sqft

Amenities

Private gardenCommunity poolWave poolSports court24/7 securityCycling trail

Common questions

Answered from the verified data on this page, not from marketing material.

When will DAMAC Hills 2 — Verona be handed over?

The current target is Q4 2026. That is 18 months later than the Q2 2025 promised at launch. EMINAAR last verified construction at 68% on 4 Aug 2026.

Is the escrow account for DAMAC Hills 2 — Verona verified?

Yes. DAMAC Hills 2 — Verona has a registered escrow account with Mashreq under permit RERA-P-21-1590, last checked by EMINAAR on 4 Aug 2026. Always confirm the account number on your SPA against the developer's official filing before transferring funds.

What is the payment plan for DAMAC Hills 2 — Verona?

A Post-Handover plan: 20% on booking, 40% during construction, 20% on handover, and 20% over 24 months after handover. A 4% Dubai Land Department transfer fee applies on top of the purchase price.

How much does DAMAC Hills 2 — Verona cost?

Prices start at AED 1,650,000, around AED 940 per sqft, last checked 4 Aug 2026.

Who is the developer of DAMAC Hills 2 — Verona?

DAMAC Properties, rated Gold tier by EMINAAR with a score of 78.2 out of 100. Across the projects we track they deliver 58% on time, with an average slip of 7.9 months.

Payment plan

Post-Handover
  • Down payment20%AED 330,000
  • During construction40%AED 660,000
  • On handover20%AED 330,000
  • Post-handover (24mo)20%AED 330,000
  • Down paymentOn booking
  • During constructionLinked to construction milestones
  • On handoverAt completion
  • Post-handoverOver 24 months from handover

Payment calculator

Based on the post-handover plan. Instalments are billed against construction milestones, not a monthly schedule.

Due at booking

20% down + AED 70,200 fees

AED 400,200
During construction

40% billed against construction milestones

AED 660,000
Due on handover

20% of the purchase price

AED 330,000
Monthly after handover

20% over 24 months

AED 13,750
Total cash to handover

Excludes 20% payable after handover

AED 1,390,200

Indicative only. Milestone instalments fall due when construction stages complete, so their timing shifts with the build. Service charges, mortgage costs and agency fees are not included.

Regulatory status

Project permit number
RERA-P-21-1590
Escrow bank
Mashreq
DLD · verified 4 Aug 2026

Always confirm the escrow account number on your SPA against the developer's RERA filing before transferring funds.

Developer

78.2/ 100
DAMAC Properties

2 projects

Gold tier
On-time rate
58%
Average slip
7.9 months

Related projects

Other developments in Jumeirah Village Circle and from DAMAC Properties.