Al Yelayiss 1 (DAMAC Islands)

Al Yelayiss 1 is a cadastral district in the Dubailand belt, inland from Sheikh Zayed Road and adjacent to the DAMAC Hills and DAMAC Lagoons communities. It is the registered name under which DAMAC Islands 2 is filed, so listings will usually call it DAMAC Islands rather than Al Yelayiss. Access is via Sheikh Zayed Bin Hamdan Al Nahyan Street (D54); Downtown Dubai is roughly 30 minutes and Al Maktoum International Airport about 25.

Townhouses and twin villas, and nothing else. Across 3,327 recorded Dubai Land Department purchases in 2026, every single one was a four or five-bedroom home — 2,158 four-bedrooms and 1,169 five-bedrooms. There are no studios, one-bedrooms or two-bedrooms in the transaction record at all, which is close to unique among high-volume Dubai districts and means the district carries no exposure to the apartment oversupply.

Cluster medians run from AED 2,824,000 in DAMAC Islands 2 Bahamas 2 to AED 3,330,240 in Tahiti 1, at a district median of AED 1,822 per square foot. That per-square-foot figure is worth noting: six of the ten clusters transact at exactly AED 1,822, which is what a developer price list looks like rather than a market. The spread between cluster totals is therefore unit size, not location or quality.

Yes, on all ten registered DAMAC Islands 2 clusters as of the current register reading. Escrow is the legal gate before off-plan units can lawfully be sold and the mechanism protecting your deposit, and a district where every cluster clears it is unusual — 26% of Dubai's registered 2026 projects do not. Still ask for the account number in writing and verify it for your specific cluster on the day you transfer money.

The concentration is real but it sits in a segment with far less competing stock than apartments. The register records 4,679 units across the ten clusters, roughly 71% already sold, with completion filed for 30 June 2030 — so a large number of near-identical homes will arrive within about a year of each other. Against that, Dubai's oversupply problem is overwhelmingly a studio and one-bedroom problem, and this district has none of either.

No, and none is on current published network plans. The district is car-dependent, which is normal for townhouse communities in the Dubailand belt but does cap rent growth relative to metro-served apartment districts. Budget for a vehicle.

The register files 30 June 2030 for most DAMAC Islands 2 clusters, with Antigua 1 at 31 December 2030. Read that against construction logged between 0.18% and 0.33% in August 2026 — four years to deliver 4,679 homes from effectively nothing. DAMAC has the balance sheet to attempt it, but model some slippage rather than treating the filed date as settled, and get the contractual date into your sale agreement.