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

MetricAl DhagayaIsland 2
Median AED/sqm51,998 AED/sqm96,599 AED/sqm
Median priceAED 4.0MAED 27M
Sampled transactions27122
P25–P75 range39,207 AED/sqm – 70,481 AED/sqm72,929 AED/sqm – 127,821 AED/sqm
Apartment share0%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.

Frequently asked questions