5-Bedroom Semi-Detached Villa with Park View at Park Greens, DAMAC Hills 2 – Below Original Price

Property Overview

This 5-bedroom semi-detached villa with maid's room at Park Greens in DAMAC Hills 2 is offered at AED 2,600,000. The agent states a built-up area of 3,550 sq ft on a 2,450 sq ft plot. The price is AED 300,000 (10.3%) below the agent-stated original price of AED 2,900,000, with a full park view, 46% paid and handover expected on 30 September 2027.

Property Highlights

• Property type: Semi-detached villa
• Bedrooms: 5, plus maid's room
• Built-up area: 3,550 sq ft (agent-stated)
• Plot size: 2,450 sq ft (agent-stated)
• Asking price: AED 2,600,000
• Original price: AED 2,900,000 (agent-stated)
• Saving: AED 300,000, or 10.3% below original price (calculated)
• Price per sq ft of built-up area: approx. AED 732 (calculated)
• View: Full park view (agent-stated)
• Paid to date: 46% (agent-stated)
• Expected handover: 30 September 2027 (agent-stated)
• Developer: DAMAC Properties

Why the Price Qualifies as Below Original Price

The agent states the villa's original price was AED 2,900,000 and the seller is now asking AED 2,600,000 as a distress sale. The difference is AED 300,000.

Calculation

• Saving: AED 2,900,000 − AED 2,600,000 = AED 300,000
• Percentage: 300,000 ÷ 2,900,000 × 100 = 10.3%
• Rate: AED 2,600,000 ÷ 3,550 sq ft = approx. AED 732 per sq ft of built-up area

The original price comes from the agent's brief and should be confirmed against the seller's SPA. The comparison is with the seller's purchase price only, not with recent DLD transactions.

About the Project and Developer

Park Greens is a villa and townhouse cluster by DAMAC Properties within DAMAC Hills 2, a large gated community off Al Qudra Road in Dubailand. The community is known for leisure facilities such as a wave pool, sports fields, cycling and jogging tracks, a petting farm and landscaped parks, alongside a supermarket and 24-hour security. Final specifications for Park Greens should be confirmed against DAMAC's sales documents.

Layout, Plot and View

The agent describes the home as a semi-detached villa with five bedrooms, a maid's room and a full park view. The stated built-up area of 3,550 sq ft is larger than the 2,450 sq ft plot, which can occur in multi-level homes but should be confirmed on the floor plan and title documents. The phase, bathroom count, parking and unit number were not supplied.

Payment Plan and Handover

The agent states that 46% has been paid and that handover is expected on 30 September 2027. If the 46% refers to the original price, roughly AED 1,334,000 has been paid to the developer, but buyers should confirm the exact amount paid, the remaining instalments and the balance due on handover against the SPA and DAMAC's statement of account. Buyers should also confirm DAMAC's transfer and NOC fees and the DLD transfer fee.

Location and Connectivity

DAMAC Hills 2 sits along Al Qudra Road in the Dubailand area, with links to Sheikh Mohammed Bin Zayed Road and Emirates Road. Exact travel times should be checked during a viewing.

Verification Notes

• Agent-supplied facts: project, villa type, bedrooms, maid's room, built-up area, plot size, original price, asking price, park view, 46% paid and handover date.
• Calculated figures: saving amount, saving percentage, price per sq ft and the indicative paid amount.
• External research: developer and community facilities from published information; these are not unit-specific.
• Not supplied: phase, bathrooms, parking and remaining payment schedule.