4 Bedroom Townhouse in Violet 2, DAMAC Hills 2, AED 100,000 Below OP

Property Overview

This four-bedroom townhouse, type TH12-4M, in Violet 2, DAMAC Hills 2, is offered at AED 1,850,000 against an agent-stated original price of AED 1,950,000, which is AED 100,000 or 5.1% below OP. The townhouse has a 2,352 sq ft built-up area on a 1,215 sq ft plot, two parking spaces and handover expected within about five months.

Property Highlights

• Property type: Townhouse
• Unit type: TH12-4M (agent reference)
• Bedrooms: 4
• Built-up area: 2,352 sq ft
• Plot size: 1,215 sq ft
• Asking price: AED 1,850,000
• Original price: AED 1,950,000 (agent-stated)
• Saving vs OP: AED 100,000 (5.1%)
• Price per sq ft of BUA: approx. AED 787 (calculated)
• Parking: 2 spaces
• Handover: within about five months (agent-stated)
• Developer: DAMAC Properties

Why the Price Qualifies as Below OP

The agent states an original price of AED 1,950,000 and an asking price of AED 1,850,000. The difference is AED 100,000, which is 5.1% of the original price.

Calculation

• AED 1,950,000 minus AED 1,850,000 = AED 100,000
• AED 100,000 / AED 1,950,000 = 5.1% below OP
• AED 1,850,000 / 2,352 sq ft BUA = approx. AED 787 per sq ft

The original price comes from the agent's resale brief. DPF has not reviewed the seller's SPA.

How the Price Is Paid

The agent splits the AED 1,850,000 asking price into two parts:

• AED 878,120 payable to the seller
• AED 971,880 remaining balance payable to DAMAC

These two amounts add up to the full asking price. Based on the agent's figures, the seller has paid approximately AED 978,120 towards the AED 1,950,000 original price and is accepting AED 878,120 for that position. Buyers should confirm the DAMAC statement of account, the instalment schedule for the remaining balance and the developer's resale NOC requirements.

About the Project, Developer and Community

Violet 2 is a townhouse cluster by DAMAC Properties within DAMAC Hills 2, a master-planned community off the Al Qudra Road in Dubailand. DAMAC Hills 2 is planned around landscaped parks, sports facilities, water features and community retail.

Layout and Handover

The agent confirms a four-bedroom townhouse of 2,352 sq ft BUA on a 1,215 sq ft plot with two parking spaces, and states handover is expected within about five months. Bathroom count, orientation and the exact handover date were not supplied and should be confirmed in the SPA and with DAMAC.

Location and Connectivity

DAMAC Hills 2 is reached via Al Qudra Road and Emirates Road, with road connections towards Dubai Silicon Oasis, Arabian Ranches and Al Maktoum International Airport. Travel times depend on traffic and the unit's position within the community.

Verification Notes

• Agent-supplied facts: project, unit type TH12-4M, four bedrooms, 2,352 sq ft BUA, 1,215 sq ft plot, two parking spaces, OP AED 1,950,000, asking price AED 1,850,000, AED 878,120 to seller, AED 971,880 DAMAC balance and handover within about five months.
• Calculated by DPF: savings amount, savings percentage, price per sq ft and implied amount paid by the seller.
• External project research: developer and community context.
• Not supplied: bathrooms, orientation, exact handover date and service charge.