4-Bedroom Townhouse at Violet 1, DAMAC Hills 2 – 12% Below Original Price

Property Overview

This four-bedroom townhouse at Violet 1, DAMAC Hills 2, is offered at AED 1,750,000. The agent states an original price of AED 1,990,000, so the asking price is AED 240,000 (12.1%) below that figure. It has a 2,352 sq ft built-up area on a 1,215 sq ft plot, and the agent expects it to be ready by December 2026, with 40% (about AED 768,000) payable on handover.

Property Highlights

• Property type: 4-bedroom townhouse
• Project: Violet 1, DAMAC Hills 2
• Developer: DAMAC Properties
• Built-up area: 2,352 sq ft
• Plot size: 1,215 sq ft
• Asking price: AED 1,750,000
• Agent-stated original price: AED 1,990,000
• Difference: AED 240,000 (12.1%)
• Price per sq ft (BUA): approx. AED 744
• Due on handover: 40%, about AED 768,000 (agent-stated)
• Ready by: December 2026 (agent-stated)

Why the Price Qualifies as Below OP

The comparison is against the original purchase price supplied in the agent's resale brief of 9 October 2026: AED 1,990,000. The asking price of AED 1,750,000 is AED 240,000 lower, or 12.1% below the original price. On the 2,352 sq ft built-up area, that is about AED 744 per sq ft.

What a buyer would pay now (estimate)

The agent states that 40%, about AED 768,000, remains payable to DAMAC on handover. If so, a buyer at the asking price would pay the seller around AED 982,000 now and take over the AED 768,000 handover payment. Note that 40% of the AED 1,990,000 original price would be AED 796,000, so the AED 768,000 figure may reflect a different base or a partial payment; confirm the exact balance with DAMAC's statement of account.

About the Project, Developer and Community

Violet 1 is the first phase of DAMAC's Violet townhouse cluster in DAMAC Hills 2, a large master community off Al Qudra Road in Dubailand. Four-bedroom Violet townhouses are published at about 2,352 sq ft, matching this unit. DAMAC Hills 2 includes themed leisure zones such as Water Town and Sports Town, swimming pools, gyms, jogging and cycling tracks, parks, barbecue areas and nearby schools and retail.

Layout and Plot

The agent describes a four-bedroom townhouse with a 2,352 sq ft built-up area on a 1,215 sq ft plot. Bathroom count, parking and the unit's position in the cluster were not supplied. Request the floor plan and site plan.

Payment Plan and Handover

The agent expects the townhouse to be ready by December 2026, with 40% due on handover. Some published listings gave an earlier Q2 2026 target, so confirm the current schedule with DAMAC, together with the remaining balance and DAMAC's resale transfer requirements and fees.

Location and Connectivity

DAMAC Hills 2 sits in Dubailand with road access via Al Qudra Road and Dubai's main highways. It is a suburban community further from central Dubai, so check actual drive times to work and schools during a site visit.

Verification Notes

• Agent-supplied: project, bedrooms, BUA, plot, asking price, original price, 40% (AED 768,000) due on handover and ready by December 2026.
• DPF-calculated: AED 240,000 difference (12.1%), approx. AED 744 per sq ft and estimated cash to seller of about AED 982,000.
• External research: developer, Violet four-bedroom size and community amenities from published listings for Violet 1.
• Not verified: SPA price, exact handover balance and handover date.