Dubai market evidence
Al Dhagaya vs Island 2: Which Costs More?
A side-by-side comparison of Al Dhagaya and Island 2 property prices from the historical DLD transaction record, broken down by property type.
The numbers for Al Dhagaya and Island 2
| Metric | Al Dhagaya | Island 2 |
|---|---|---|
| Median AED/sqm | 51,998 AED/sqm | 96,599 AED/sqm |
| Median price | AED 4.0M | AED 27M |
| Sampled transactions | 27 | 122 |
| P25–P75 range | 39,207 AED/sqm – 70,481 AED/sqm | 72,929 AED/sqm – 127,821 AED/sqm |
| Apartment share | 0% | 70% |
What the price gap means
Island 2 runs 46% above Al Dhagaya on median AED/sqm (51,998 AED/sqm in Al Dhagaya against 96,599 AED/sqm in Island 2). There is not enough sampled data on both sides to break the gap down by property type.
Citywide medians mix property types unevenly, so a headline gap can reflect what is being sold rather than a like-for-like premium. The per-type table above compares only the property types with enough sampled sales in both areas.
Beyond price, Al Dhagaya is anchored by Palm Deira Metro Stations metro, Dubai Mall, Dubai International Airport, while Island 2 is anchored by Business Bay Metro Station metro, Dubai Mall, Burj Khalifa.
This is sales transaction evidence only and ends 2026-08-13. It covers sales, not rentals, and is market reference, not valuation or investment advice.
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