Park Greens 5-Bedroom + Maid Villa 9.5% Below OP, DAMAC Hills 2

Property Overview

This five-bedroom plus maid's room villa at Park Greens, DAMAC Hills 2, is offered as an off-plan resale at AED 2,850,000 for a 3,601 sq ft built-up area, against an agent-stated original purchase price of AED 3,150,000. The asking price is AED 300,000 (9.5%) below the original price, with completion expected in Q1 2027. The agent says the price is slightly negotiable.

Property Highlights

• Property type: 5-bedroom + maid's room villa (off-plan resale)
• Cluster: Park Greens, DAMAC Hills 2
• Built-up area: 3,601 sq ft
• Completion: Q1 2027 (agent-stated)
• Asking price: AED 2,850,000 (slightly negotiable, per agent)
• Original purchase price (agent-stated): AED 3,150,000
• Saving versus original price: AED 300,000 (9.5%)
• Price per sq ft of built-up area: approximately AED 791

Why the Price Qualifies as Below OP

The agent brief states an original purchase price of AED 3,150,000 and a selling price of AED 2,850,000. The difference is AED 300,000, matching the agent's stated AED 300,000 reduction, which is 9.5% of the original price. The agent's brief gives the percentage as about 8.6%; DPF's calculation from the supplied figures is 9.5%. Dividing the asking price by the 3,601 sq ft built-up area gives approximately AED 791 per sq ft.

The benchmark is the seller's original purchase price as supplied in the agent brief received on 13 October 2026, not a DLD transaction record or independent valuation. Buyers should confirm the original price, amount paid and outstanding balance against the Sales and Purchase Agreement (SPA) and DAMAC's statement of account.

About the Project, Developer and Community

Park Greens is a villa cluster within DAMAC Hills 2, the master community developed by DAMAC Properties in Dubai. Cluster amenities and the exact villa type were not supplied with this brief and should be confirmed with DAMAC.

Layout and Size

The agent describes this unit as a five-bedroom villa with a maid's room and a 3,601 sq ft built-up area. Plot size, bathroom count, number of floors, orientation and parking were not supplied. Buyers should confirm from the official floor plan and SPA that the quoted area is the built-up area rather than the plot.

Payment Plan and Completion

The agent states completion is expected in Q1 2027. With completion relatively close, a significant balance may fall due soon. The payment plan, amount already paid and remaining balance were not supplied. Confirm these, along with any DAMAC transfer or NOC fees, against the SPA.

Location and Connectivity

DAMAC Hills 2 is a DAMAC master community in Dubai. Specific travel times to nearby destinations have not been verified for this listing.

Verification Notes

• Unit facts (type, cluster, built-up area, completion, negotiability, original and asking price) come from the agent brief received on 13 October 2026.
• The saving, percentage and price per sq ft are DPF calculations based on those supplied figures.
• The agent's stated 8.6% differs from DPF's calculated percentage and is noted above.
• No plot size, payment plan, photographs or documents were supplied with this brief.