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Tahiti
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Tahiti

Townhouses & Villas

Under Construction

Launch Price

AED
2.75M
View unit types

Payment Plan

75 / 25
View complete plan

Handover

Q2 2030
Express your interest in this project
Tahiti will be a residential development on DAMAC Islands, set within a serene island community defined by open spaces and waterfront-inspired surroundings. The off-plan project by Damac Properties will offer a range of residential units with comfortable layouts.

The project will emphasise ease and accessibility, combining airy interiors with landscaped areas to create a relaxed, inviting atmosphere. Residents will have access to various amenities, including a swimming pool, kids’ play area, garden, fully-equipped gym, BBQ area and sports facilities, supporting both leisure and wellness. The development will connect via Al Asayel Street (D63) and Sheikh Zayed Road (E11), ensuring smooth access across Dubai.
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Unit Types
About Project

Properties for sale in Tahiti

Popular
List
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  • 5 Bedroom Townhouse for Sale in DAMAC Islands 2, Dubai - a3a0e6c4-a8b1-4b9e-86cf-86c400e2d859. jpg
    on
    Off-Plan|
    Initial Sale
    Aiman ElahiTruBroker

    AED 4,100,000

    Townhouse

    56
    Area:

    2,758 sqft

    Premium off-plan | High ROI | Island Serenity

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 19th of September

    Handover
    Q2 2030

    Payment Plan
    75/25

    House and Hedges Real Estate
  • 5 Bedroom Townhouse for Sale in DAMAC Islands 2, Dubai - a276d6cb-2c8a-4ca9-8a3c-a79e7abdacd9. jpg
    on
    Off-Plan|
    Initial Sale
    Aamir ShaikhTruBroker

    AED 4,093,000

    Townhouse

    56
    Area:

    2,714 sqft

    Investor Deal | Modern Comfort | Great Value

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 19th of September

    Handover
    Q2 2030

    Payment Plan
    75/25

    House and Hedges Real Estate
  • 5 Bedroom Townhouse for Sale in DAMAC Islands 2, Dubai - 0619ab00-806a-4e8b-a963-8ed9749a0d01. jpg
    on
    Off-Plan|
    Initial Sale
    Jamie ThermannTruBroker

    AED 4,090,000

    Townhouse

    56
    Area:

    2,692 sqft

    Premium Living | Elegant Residences | High ROI

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 19th of September

    Handover
    Q2 2030

    Payment Plan
    75/25

    House and Hedges Real Estate
  • 5 Bedroom Townhouse for Sale in DAMAC Islands 2, Dubai - 386b7534-e7b3-4746-8be5-8c45bb7f312f. jpg
    on
    Off-Plan|
    Initial Sale

    AED 4,073,000

    Townhouse

    56
    Area:

    2,588 sqft

    ELEVATED LIVING | LUXURY AND HIGH ROI

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 19th of September

    Handover
    Q2 2030

    Payment Plan
    75/25

    House and Hedges Real Estate
  • 5 Bedroom Townhouse for Sale in DAMAC Islands 2, Dubai - 484c8a5a-368a-424e-a9cc-f02ae27ff6d7. jpg
    on
    Off-Plan|
    Initial Sale

    AED 4,072,000

    Townhouse

    56
    Area:

    2,580 sqft

    Resort-style living | Prime Investment

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 19th of September

    Handover
    Q2 2030

    Payment Plan
    75/25

    House and Hedges Real Estate
  • 5 Bedroom Townhouse for Sale in DAMAC Islands 2, Dubai - 29ebbff9-6733-4270-b8a1-1df5e0a53e6c. jpg
    on
    Off-Plan|
    Initial Sale

    AED 4,070,000

    Townhouse

    56
    Area:

    2,565 sqft

    Tropical island living | High ROI-Prime Location

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 19th of September

    Handover
    Q2 2030

    Payment Plan
    75/25

    House and Hedges Real Estate
  • 5 Bedroom Townhouse for Sale in DAMAC Islands 2, Dubai - Screenshot 2026-09-04 101154. jpg
    Off-Plan|
    Initial Sale

    AED 3,902,000

    Townhouse

    56
    Area:

    3,182 sqft

    Prime Homes | Exclusive Community | Payment Plan

    Tahiti, DAMAC Islands 2, Dubai

    Handover
    Q2 2030

    Payment Plan
    75/25

    Habstone Homes Real Estate
  • 5 Bedroom Villa for Sale in DAMAC Islands 2, Dubai - Prime Corner Villa|Huge Plot|Waterfront Community
    on
    Off-Plan|
    Initial Sale
    Aamir ShehzadTruBroker

    AED 4,814,000

    Villa

    56
    Built-up:

    3,158 sqft

    Plot:

    2,829 sqft

    Prime Corner Villa|Huge Plot|Waterfront Community

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 18th of August

    Handover
    Q2 2030

    Payment Plan
    75/25

    Al Dar Aljadeed Real Estate
  • 5 Bedroom Villa for Sale in DAMAC Islands 2, Dubai - 5ae6b521ae9c4505819e8b03cd5a34e7 (1). webp
    on
    Off-Plan|
    Initial Sale

    AED 4,059,999

    Villa

    56
    Built-up:

    3,180 sqft

    Plot:

    2,364 sqft

    5BR Villa | Lagoon & Beachfront Views | Furnished | Private Pool Concept

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 7th of August

    Handover
    Q2 2030

    Payment Plan
    75/25

    Square Yards Real Estate
  • 5 Bedroom Villa for Sale in DAMAC Islands 2, Dubai - img114 (1). webp
    on
    Off-Plan|
    Initial Sale

    AED 3,999,999

    Villa

    56
    Built-up:

    3,180 sqft

    Plot:

    2,364 sqft

    Lagoon Community Villa | 5BR | Private Pool & Garden Views

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 7th of August

    Handover
    Q2 2030

    Payment Plan
    75/25

    Square Yards Real Estate
  • 5 Bedroom Villa for Sale in DAMAC Islands 2, Dubai - Investor Choice | Prime Location | Large Layout
    on
    Off-Plan|
    Resale
    Sarfaraz LakhaniTruBroker

    AED 3,575,000

    Villa

    56
    Area:

    1,550 sqft

    Investor Choice | Prime Location | Large Layout

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 31st of July

    Handover
    Q2 2030

    Payment Plan
    75/25

    Metropolitan Premium Properties
  • 5 Bedroom Townhouse for Sale in DAMAC Islands 2, Dubai - Waterfront Living |Flexible Payment Plan | Q2 2030
    on
    Off-Plan|
    Initial Sale

    AED 4,073,000

    Townhouse

    56
    Built-up:

    3,158 sqft

    Plot:

    2,588 sqft

    Waterfront Living |Flexible Payment Plan | Q2 2030

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 23rd of July

    Handover
    Q2 2030

    Payment Plan
    75/25

    Seven Stones Real Estate
  • 4 Bedroom Villa for Sale in DAMAC Islands 2, Dubai - DL-1. jpg
    on
    Off-Plan|
    Initial Sale
    Abid HussainTruBroker

    AED 2,995,000

    Villa

    44
    Built-up:

    2,210 sqft

    Plot:

    1,550 sqft

    4BR Villa | Tahiti DAMAC Islands 2 | Lagoon & Garden Views | Resort Amenities

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 27th of June

    Handover
    Q2 2030

    Payment Plan
    75/25

    AIM Properties
  • 5 Bedroom Villa for Sale in DAMAC Islands 2, Dubai - Screenshot 2026-06-06 at 11.28. 29 AM. png
    on
    Off-Plan|
    Initial Sale

    AED 4,073,000

    Villa

    55
    Area:

    2,588 sqft

    Tropical Paradise Living | Waterfront | Q2 2030

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 6th of September

    Handover
    Q2 2030

    Payment Plan
    75/25

    Eivan Properties
  • 4 Bedroom Villa for Sale in DAMAC Islands 2, Dubai - corner-townhouse-5bedroom-damac-islands-2. jpg
    on
    Off-Plan|
    Initial Sale
    Jawad Ahmed SiddiquiTruBroker

    AED 2,995,000

    Villa

    44
    Built-up:

    2,210 sqft

    Plot:

    1,550 sqft

    4BR Villa | Tahiti DAMAC Islands 2 | Near Lagoon & Park

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 31st of August

    Handover
    Q2 2030

    Payment Plan
    75/25

    AIM Properties
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  • 5 Bedroom Townhouse for Sale in DAMAC Islands 2, Dubai - 2. jpg
    on
    Off-Plan|
    Initial Sale

    AED 4,007,000

    Townhouse

    56
    Area:

    2,684 sqft

    Waterfront Luxury 5BR | High ROI | 1% Monthly

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 9th of July

    Handover
    Q2 2030

    Payment Plan
    75/25

    Real Tree Properties
  • 5 Bedroom Townhouse for Sale in DAMAC Islands 2, Dubai - IMG-20251113-WA0039. jpg
    on
    Off-Plan|
    Initial Sale
    Ch. Muhammad AzeemTruBroker

    AED 3,902,000

    Townhouse

    56
    Area:

    2,363 sqft

    Luxury Waterfront 5BR | 0% Commission |Strong ROI

    Tahiti, DAMAC Islands 2, Dubai

    Property authenticity was validated on 9th of July

    Handover
    Q2 2030

    Payment Plan
    75/25

    Real Tree Properties

About Tahiti

Tahiti will be a residential development on DAMAC Islands, set within a serene island community defined by open spaces and waterfront-inspired surroundings. The off-plan project by Damac Properties will offer a range of residential units with comfortable layouts.

The project will emphasise ease and accessibility, combining airy interiors with landscaped areas to create a relaxed, inviting atmosphere. Residents will have access to various amenities, including a swimming pool, kids’ play area, garden, fully-equipped gym, BBQ area and sports facilities, supporting both leisure and wellness. The development will connect via Al Asayel Street (D63) and Sheikh Zayed Road (E11), ensuring smooth access across Dubai.
Learn more about the community attractions and lifestyle

Payment Plan

Milestone% of Property Value to be Paid
Down Payment
20%
Pre HandoverPayment Schedule
55%
On Handover
25%

Unit Types

Townhouses

From
AED 2.75M

4 Bed

TypeArea (sqft)Price (AED)Floor Plan
Type DSTH - M12,1852.75M

5 Bed

Type DSTH - E3,159-
Type DSTH - M22,829-

Villas

5 Bed

TypeArea (sqft)Floor Plan
Type DSTW3,492

6 Bed

Type DS - V456,276
Contact UsRegister your interest for Tahiti
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Tahiti Brochure

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1 Cover Image
2 Marketing Image 13 Marketing Image 2
Tahiti
DAMAC Islands 2, Dubai
Developer
DAMAC Properties
Project Status
Under Construction
Handover
Q2 2030
Launch Price
AED 2.75M

Everything You Need to Know About Tahiti, DAMAC Islands 2

About Tahiti, DAMAC Islands 2

Tahiti is a residential cluster located within the DAMAC Islands 2 master community in Dubailand. Planned as an island-inspired neighbourhood, it is one of DAMAC Properties' latest projects designed for family living. The community features tropical-themed architecture that complements its waterfront surroundings and premium resort-style amenities.

Positioned within Dubailand, Tahiti offers connectivity to major roads such as Al Qudra Road (D63), and Emirates Road (E611), balancing a suburban retreat with metropolitan accessibility.

Master Plan Overview

Tahiti is a cluster of off-plan waterfront properties in Dubai, including 4-bed and 5-bedroom townhouses and 5 to 6-bedroom villas. Ideally positioned within the DAMAC Islands 2 master plan, the sub-community is surrounded by water features, lagoons and wellness amenities.

The community plan also features private outdoor spaces with shared facilities for family recreation and socialising. Residents of Tahiti will have access to exclusive amenities such as floating hot spring spas, yoga decks, eco-friendly fitness zones, aqua parks, beaches and a jungle river.

Project Details

  • Location: DAMAC Islands 2
  • Developer: DAMAC Properties
  • Property Type: Townhouses and villas
  • Number of Units: 306
  • Unit Type: 4 to 5-bedroom townhouses and 5 to 6-bedroom villas
  • Construction Status: Off-plan
  • Launch Price: From AED 2.75M
  • Payment Plan: 75/25
  • Handover: Q2 2030
  • Key amenities: Waterfall lagoons, eco-friendly gym, hot spring spas, aqua park, floating yoga decks, cave BBQ and pristine beaches.

About the Developer

  • Developer Name: DAMAC Properties.
  • Background: Founded in 2002, DAMAC Properties is a real estate developer in the Middle East. They deliver residential, commercial, and entertainment projects across the UAE.
  • Notable Projects: DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, DAMAC Islands and DAMAC Riverside.
  • Vision: To build integrated communities that empower residents and investors while shaping environments that promote lifestyle destinations.

Properties in Tahiti, DAMAC Islands 2

Property Types and Sizes

These off-plan properties by DAMAC in Dubai include 4 and 5-bed townhouses and 5 to 6-bedroom villas. Total built-up areas for each unit vary based on their configuration and balcony sizes.

Layouts and Floor Plans

The development offers multiple layout options, detailed below.

4-Bedroom Townhouse Types
  • Type DSTH - M1: The ground floor of this mid-unit features a covered two-car parking space, a welcoming main entrance and a guest bedroom with an adjacent bathroom. The highly functional layout further integrates a dedicated laundry and storage space, a contemporary kitchen and a living and dining area that flows onto an outdoor patio and a private garden. The first floor is dedicated to rest, featuring a luxurious master bedroom with a walk-in closet, a premium master bathroom, and access to a private balcony. This upper level is completed by two additional generously sized bedrooms that share a well-appointed family bathroom and offer access to a second balcony.
5-Bedroom Townhouse Types
  • Type DSTH - M2: The ground floor of this spacious mid-unit includes a private parking space, a guest bedroom with an adjacent bathroom and a laundry and storage area. The heart of the home features a modern kitchen alongside bright living and dining spaces that connect effortlessly to a private outdoor patio and garden. Ascending to the first floor, residents will find a sprawling master bedroom boasting a walk-in closet, an en-suite bathroom and a private balcony. Two additional well-appointed bedrooms on this level share a stylish family bathroom and a secondary balcony. The roof floor elevates everyday living with a dedicated games room featuring an attached bathroom, a maid’s room with an attached bathroom and a sweeping outdoor roof terrace.
  • Type DSTH - E: Positioned as a highly desirable end-unit, the ground floor welcomes residents with a two-car carport, a main entrance foyer and a guest bedroom featuring an adjacent bathroom. The sophisticated layout includes a powder room, a dedicated laundry and storage space, a contemporary kitchen and an expansive living and dining area that opens beautifully to a patio and lush side and rear gardens. The first floor hosts a magnificent master suite complete with a walk-in closet, a master bathroom and a private balcony. This level also accommodates two additional spacious bedrooms that share a beautifully finished family bathroom and a secondary balcony. The crowning roof floor contains a fifth bedroom with an attached bathroom, a maid’s room with an attached bathroom and a sweeping roof terrace. These beautifully proportioned homes are an ideal choice for buyers seeking garden view off-plan properties in Dubai.
5-Bedroom Villa Types
  • Type DSTW Twin Villa: The ground-floor layout features a covered two-car carport, a welcoming foyer and a guest bedroom with an attached bathroom. The highly sophisticated living spaces include a powder room, a dedicated laundry and storage area, an elegant kitchen and a massive living and dining zone that seamlessly transitions to an outdoor patio and a sprawling wrap-around garden. The first floor provides a luxurious master retreat featuring a walk-in closet, a premium master bathroom and an expansive private balcony. This level is completed by two generously sized bedrooms, each with an attached bathroom and access to a shared balcony. The roof floor is thoughtfully designed for leisure and convenience, offering a dedicated games room or extra room with an attached bathroom, a maid’s room with a bathroom and a magnificent outdoor terrace.
6-Bedroom Villa Types
  • Type DS - V45 Luxury Villa: Representing the absolute pinnacle of island luxury, the ground floor features a multi-car carport, an elegant foyer, a guest bedroom complete with an attached bathroom, alongside a dedicated maid's room with a bathroom. The deeply refined layout boasts a powder room, a dedicated laundry and storage space, a main kitchen, a sophisticated show kitchen and expansive living and dining spaces that flow effortlessly into a beautifully landscaped private garden and patio. The first floor is shaped around a central family living area. It hosts a sprawling master bedroom featuring a massive walk-in closet, a luxurious master bathroom and a sweeping private balcony. This level further accommodates three beautifully appointed bedrooms, each with an attached bathroom and balcony access. The exceptional roof floor elevates the home with a sixth bedroom featuring an attached bathroom, a dedicated games room or extra room with an attached bathroom and a massive roof terrace perfectly designed for alfresco entertaining.

Interior Finishing

Tahiti at DAMAC Islands 2 offers beautifully curated homes that embrace a highly functional tropical theme, making it an exceptional choice for those seeking a modern design off-plan property in Dubai. The residences feature striking architectural lines and expansive windows that invite abundant natural light, seamlessly connecting the indoor spaces to the serene, water-centric surroundings. To elevate the ambient grace of each home, the thoughtfully designed open-plan layouts incorporate a premium palette of eco-conscious materials and sophisticated finishes, including luxurious Calacatta Gold porcelain, elegant walnut wood veneers, striking marble countertops and refined brushed brass accents that perfectly echo the breathtaking island landscape.

Pricing and Payment Plans

Starting Price

  • 4-bedroom townhouse: From AED 2.75M

Payment Plan

  • Down Payment: 20%
  • During Construction: 55%
    • Within 7 months from booking: 5%
    • Within 8 months from booking: 3%
    • Within 13 months from booking: 5%
    • Within 14 months from booking: 3%
    • Within 17 months from booking: 5%
    • Within 18 months from booking: 3%
    • Within 25 months from booking: 5%
    • Within 26 months from booking: 3%
    • Within 49 months from booking: 23%
  • On Handover: 25%

Features and Amenities

Lifestyle Facilities

The development features a selection of leisure and wellness facilities for active living.

  • Hydrotherapy:
    • Saltwater Pools
    • Herbal Tea Bar
    • Aromatherapy
  • Island Vida Wellness:
    • Healing Spa
    • Healing Herb Garden
    • Healing Crystals
  • Eco Performance Grounds
    • Eco-friendly Gym
    • Biodynamic Training
  • Sky Woods Adventure:
    • Treehouse Park
    • Canopy Walk
    • Zipline Park
  • Eco Lodge Hospitality:
    • Organic Pool
    • Farm-to-table Dining
  • Nature's Journey:
    • BBQ in the Cave
    • Dining in Nature
    • Breakfast in the Tent
    • Wooden Kayaks
    • Hanging Bridges
    • Floating Gardens
  • Eco Hub Outdoor Clubhouse:
    • Outdoor Recreation
    • Outdoor Leisure
    • Natural Swimming Lagoons
  • Eco Hub Indoor Clubhouse:
    • Indoor Leisure
    • Relaxation
    • Fitness and Wellness Centre
  • The Culture Square:
    • Controlled Climate Dome
    • Performance Stage
    • Food Market
  • Garden of Insight:
    • Museum Library
    • Art and Sculptures
    • Study Garden

Convenience Facilities

The community features practical spaces and essential hubs, as well as a neighbourhood atmosphere.

  • Eco Smart Co-working:
    • Trading Garden
    • Eco Business Pods
  • Solar Link Park:
    • Solar Charging Stations
    • Solar Park
    • E-scooter Bikes and Lanes

Outdoor Spaces

The development features a range of outdoor spaces designed for relaxation, fitness and everyday enjoyment.

  • Tranquil Lake and Eco Park:
    • Zen Garden
    • Verdant Waters
    • Horizon Trail
  • Eco Explorers Land:
    • Eco-Education
    • Wild Park
    • Observation Decks
  • Whispering Waterfall:
    • Hidden Restaurant
    • Mystic Falls
    • Opal Yoga Deck
  • Botanic Garden:
    • Butterflies Nest
    • Bird Watching
    • Orchard Fields

Sustainability Features

Tahiti integrates sustainability-focused environmental measures, setting a new standard for off-plan properties in a green community in Dubai.

  • Eco-friendly architectural design
  • Use of natural and sustainable materials
  • Solar Park integration
  • Eco-education initiatives
  • E-scooter lanes
  • Eco-friendly gym

Location Highlights

Neighbourhood

DAMAC Islands 2 is a master community by DAMAC Properties, positioned in Dubailand and designed to offer a resort-like waterfront lifestyle. The neighbourhood is divided into distinct clusters inspired by tropical destinations around the world. Residents enjoy access to extensive water-based amenities, including crystal lagoons, man-made beaches, an aqua dome, and a jungle river for kayaking and paddleboarding. New projects in DAMAC Islands 2 offer a diverse selection of family-friendly homes with private pools and lagoon access.

Transport and Connectivity

The development provides road connectivity, positioned near Al Qudra Road (D63) and Emirates Road (E611). This allows residents to access the mainland, commercial centres and entertainment destinations across Dubai.

Nearby Landmarks

  • Global Village is around 20 minutes away.
  • IMG Worlds of Adventure is about 20 minutes away.
  • Al Maktoum International Airport is 25 to 30 minutes away.
  • Downtown Dubai and Burj Khalifa are 30 to 35 minutes away.
  • Dubai International Airport is accessible in around 40 minutes by car.

Nearby Amenities

Educational Institutions

Families have multiple options within a short drive, in addition to the master community’s own planned facilities.

  • Fairgreen International School
  • Ranches Primary School
  • Jumeirah English Speaking School, Arabian Ranches
Healthcare Facilities

Healthcare services are available within a short driving distance.

  • Saudi German Clinic, DAMAC Hills 2
  • Aster Clinic, Arabian Ranches
  • Mediclinic Parkview Hospital
Shopping and Dining

Residents can enjoy shopping and dining options across the area.

  • DAMAC Hills 2 Community Centre
  • Dubai Outlet Mall
  • Cityland Mall
Parks and Recreation

Residents have access to recreational spots and outdoor areas.

  • DAMAC Hills 2 Water Town
  • Al Qudra Lakes
  • Dubai Rugby Sevens

FAQs about apartments for sale in Tahiti

How many apartments are listed for sale in Tahiti?

On Bayut, the number of currently listed flats to buy in Tahiti is 17.

How many sale transactions were recorded for apartments in Tahiti?

As per DLD's data for the last 12 months, the total number recorded for apartments sold in Tahiti is 252.

What is the average cost of an apartment sold in Tahiti?

According to DLD’s transactional data, apartments in Tahiti have sold at an average price of AED 3,540,715. Prices may go above or below the average depending on the apartment’s size, type, and location.

Did prices for an apartment in Tahiti experience any changes?

The prices of apartments in Tahiti reflect a change of -11% over the past 6 months. The change can be attributed to the prevailing market conditions.

Are there any good schools in Tahiti?

If you are seeking top schools in Tahiti, here's what is recommended:

  • Kings School Dubai
  • GEMS Dubai American Academy
  • GEMS Modern Academy
  • Dubai International Academy
  • GEMS Wellington International School

Are there any good nurseries in Tahiti?

Here's what you can find among the top nurseries:

  • British Orchard Nursery
  • Jebel Ali Village Nursery
  • Blossom Nursery

How much do the prices of an apartment for sale vary in Tahiti?

As per the listings on Bayut, you can buy flats in Tahiti within a budget of AED 2,995,000 to AED 4,814,000.

How much do apartments cost on average in Tahiti?

According to the last 6 months' listings on Bayut, a flat for sale in Tahiti has an average asking price of around AED 3,790,568. These asking prices may vary depending on the property size, type, condition, etc.

Has the average asking sale price changed for flats in Tahiti?

The average asking price for apartments has witnessed a change of -25%. The change in price over the past 6 months can be due to the prevailing market conditions and new developments.