Evergreens

Evergreens is one of the first apartment buildings Damac has delivered inside DAMAC Hills 2, a community of several thousand houses that until recently contained no apartments at all. It completes at the end of 2026 with 1 and 2-bedroom layouts. Being early into a new format has one consequence that outweighs everything on the specification sheet.

Nobody knows what an apartment rents for here yet

DAMAC Hills 2 has years of rental history, and all of it is for townhouses and villas. There is no record of what a 1-bedroom apartment achieves in this community, because until these buildings open none has ever been let. Every yield figure quoted on a project here is therefore an extrapolation, built either from house rents inside the community or from apartment rents in districts with completely different economics.

That is not a reason to avoid the purchase, but it changes how the numbers should be handled. Townhouse rents set a ceiling rather than a comparable, since an apartment cannot ask more than a house in the same community. Apartment rents in the mid-market districts closer to the city are not comparable either, because those tenants are paying partly for proximity that does not exist out here. The honest position is that the first year after handover is price discovery, and a buyer should model conservatively and treat any confident yield projection as an opinion rather than a figure.

Several Damac apartment buildings, one stretch of road

Evergreens does not arrive alone. Elo completes in the same quarter a short walk away, and Elo 2 and 3 follow in mid-2027, all of them Damac, all of them 1 and 2-bedroom stock, all within a few hundred metres.

That concentration sharpens the point above. The first apartment rents in this community will not be established by one building testing the water carefully. They will be set across several hundred near-identical units opening within months of each other, by whichever owners are least willing to hold out for a tenant. Anyone modelling an income here should assume the opening period is competitive and plan for a slower first letting than a mature district would produce.

The compensation is that the discovery happens once. After the first couple of years the community will have a rental record for apartments as well as houses, and everything sold afterwards will be priced against real evidence rather than estimates.

What the apartment gets you, and how close the balance is

The building is a low-rise white block with balconies facing the community’s green areas and an outdoor cinema among its facilities, and residents draw on everything DAMAC Hills 2 already runs: the wave pool, the sports zones, the lakes and the retail strip. For a household that wants that environment without the cost or upkeep of a house, this is the cheapest way to have it.

The schedule asks 20% up front, a further 50% against construction milestones and 30% on delivery, which lands at the end of 2026. That last portion is therefore close rather than distant, which suits a buyer with funds ready and needs planning for by anyone who does not. Gorilla Real Estate Dubai tracks what the first apartment lettings in DAMAC Hills 2 actually achieve as they happen, which for this building is worth more than any projection made before the doors open.