About Damac Island 2

Damac Island 2 is a premium waterfront development designed to offer an exclusive island-living experience within Dubai. Combining luxury architecture, serene coastal views, and direct access to pristine beaches, the island features high-end residential towers, resort-style amenities, and a vibrant marina lifestyle. With its strategic, Damac Island 2 provides seamless connectivity while maintaining a private, upscale atmosphere. It’s positioned to become one of Dubai’s most sought-after waterfront destinations, offering strong investment potential and a unique blend of luxury, leisure, and modern coastal living.

Off Plan Projects for Sale in damac island 2

FAQs

Buyers/owners of properties can get a legal proxy with a proper and duly legalized power of attorney. This person with the POA can have the right to dispose of the properties on behalf of the client, as mentioned in the POA. The POA is valid for purposes like sale, mortgage, and gifting and is valid for a period of 2 years. In case of purchasing with a POA, the said POA is valid for 5 years from the date of notarization at the notary public.

Yes, you can sell an off-plan property before its completion date.

A buyer is eligible for UAE investor visa if his total investment is AED 1 million or above in one of maximum three properties.

Yes, any nationality can own freehold property in designated freehold areas in Dubai and an heir can inherit it.

An escrow account is that which acts as a third-party funding medium wherein the merchant receives access to the transferred money (by the buyer), once an escrow agreement has been fulfilled. If the agreement is not fulfilled by the merchant, the fund is then returned to the buyer. In UAE’s real estate market, an escrow account has a very particular function. The developers of the various projects have to open different escrow accounts for every project, as per the Escrow Account Law in UAE. It protects the buyers funds and regulates the funding that the developers receive from the