Property Overview
This 4-bedroom townhouse in Violet 2, DAMAC Hills 2 is available at AED 1,650,000 as an urgent cash distress sale. The stated original purchase price is AED 1,950,000. The asking price is AED 300,000 (15.4%) below the original price. The property is off-plan by DAMAC Properties with handover expected in Q1 2027.
Property Highlights
- Type: 4-bedroom townhouse, 5 bathrooms, maid's room
- Original price: AED 1,950,000
- Asking price: AED 1,650,000
- Saving: AED 300,000 (15.4%)
- Status: off-plan, handover Q1 2027 (February 2027)
- Developer: DAMAC Properties
- Layout: 2-storey modern design
- Parking: 2 covered spaces
- Developer size: 2,352 sq ft BUA
- Payment plan: 20% down, 40% construction, 40% handover
Why the Price Qualifies as Below OP
The asking price of AED 1,650,000 is below the stated original purchase price of AED 1,950,000. The saving is AED 300,000, which is 15.4% of the original price. The agent describes this as an urgent cash distress sale, indicating the seller needs to exit the investment quickly at a loss.
DLD Transaction Comparison
DLD transactions for 4-bedroom townhouses in Violet 2 recorded on Property Finder between November 2024 and April 2025 are:
- 10 April 2025: AED 1,898,000 (1,208 sq ft DLD area)
- 10 March 2025: AED 1,867,000 (1,208 sq ft)
- 10 March 2025: AED 1,918,000 (1,208 sq ft)
- 7 February 2025: AED 1,898,000 (1,208 sq ft)
- 28 November 2024: AED 1,898,000 (1,208 sq ft)
These transactions were recorded during the off-plan sales phase (construction started October 2024) and appear to be primary developer-to-buyer registrations. Prices ranged from AED 1,867,000 to AED 1,918,000. The agent's asking price of AED 1,650,000 is AED 217,000 below the lowest recorded DLD transaction.
The agent's stated OP of AED 1,950,000 falls within and slightly above the DLD transaction range, which is consistent with a buyer who purchased at a mid-to-upper range price from the developer. The developer starting price was AED 2,000,000 according to the Property Finder new projects page.
Active Listing Comparison
An active Property Finder listing for a 4-bedroom+maid townhouse in Violet 2 is priced at AED 1,845,000 (AED 1,527 per sq ft based on 1,208 sq ft DLD area). Another listing in the broader Violet cluster advertises a 4-bedroom townhouse at AED 1,800,000 as below OP. A park-backing unit is listed at AED 2,110,000 at OP. The agent's price of AED 1,650,000 is AED 150,000 below the lowest active Violet listing.
About the Townhouse
Violet 2 townhouses are 4-bedroom units in a 2-storey modern configuration. Based on listing data, the units include a maid's room, 5 bathrooms, a private garden with BBQ area, balcony, open-plan living and dining areas, fitted kitchen, laundry room, storage space, built-in wardrobes, 2 covered parking spaces and central air conditioning. The developer-stated BUA is 2,352 sq ft with a plot of approximately 2,350 sq ft. DLD records show 1,208 sq ft, which represents a different measurement basis. Units are delivered unfurnished. Pets are allowed in the community.
About DAMAC Hills 2
DAMAC Hills 2 is a master-planned community by DAMAC Properties in Dubailand, Dubai. The Violet cluster is one of several residential clusters within the community, alongside other townhouse and villa developments.
Community amenities:
- Malibu Beach-style wave pool and leisure beach zone
- Lazy river and water park
- Sports facilities: football pitch, tennis courts, padel courts, cricket pitch, basketball court
- Outdoor gym stations
- Jogging and cycling tracks
- Yoga lawns and zen gardens
- Children's play areas
- BBQ and picnic zones
- Landscaped parks and green spaces
- Supermarkets, cafes and retail outlets
- CCTV security throughout
Location and Connectivity
Violet 2 is in DAMAC Hills 2, accessible via Al Qudra Road.
- Downtown Dubai: approximately 25 minutes by car
- Global Village: approximately 20 minutes
- Dubai Outlet Mall: nearby
- Dubai Sports City: approximately 15 minutes
- Al Maktoum International Airport: approximately 30 minutes
DAMAC Hills 2 is positioned in the southern growth corridor of Dubai, an area with increasing residential development and infrastructure expansion. The community offers freehold ownership for foreign buyers.
Verification Notes
Unit-specific facts including 4-bedroom configuration, original purchase price of AED 1,950,000, asking price of AED 1,650,000 and urgent cash distress nature are sourced from the agent's brief received on 5 October 2026. The Below OP classification is based on the stated OP exceeding the asking price by AED 300,000 (15.4%). The stated OP of AED 1,950,000 is within the range of DLD-recorded primary sales (AED 1,867,000 to AED 1,918,000), supporting its plausibility. The agent did not supply the unit size; the developer specification of 2,352 sq ft BUA is from the Property Finder new projects page. The 5-bathroom count is from an active Property Finder listing for a 4-bedroom+maid in Violet 2; a separate listing shows 4 bathrooms, so the count may vary. The 2-parking count is from a Dubizzle listing. The handover of Q1 2027 (February 2027) is from the new projects page; the agent states handover within 6 months. The payment plan of 20/40/40 is the developer standard; the seller's remaining payment obligations are not disclosed. The DLD-recorded area of 1,208 sq ft does not match the developer-stated BUA of 2,352 sq ft and likely reflects a different measurement basis.