3-Bedroom Townhouse with Central Park View in Greenway 2, Emaar South at First Price

Property Overview

This is an off-plan 3-bedroom townhouse of 2,446 sqft in Greenway 2, Emaar South, Dubai, offered at AED 2,950,000. That works out to about AED 1,206 per sqft. The agent describes it as first price, meaning resale at the original launch price, with a central park view and handover expected in Q2 2028.

Property Highlights

• Asking price: AED 2,950,000
• Price basis: first price, per the agent
• Size: 2,446 sqft (agent-stated)
• Price per sqft: about AED 1,206 (DPF calculation)
• Bedrooms: 3
• View: central park
• Handover: Q2 2028 (agent-stated)
• Developer: Emaar Properties

Why the Price Qualifies as an Off-Plan Distress Deal

The agent markets this unit as first price. For an off-plan resale, that means the buyer pays the original launch price without the premium that resellers often add as a project moves toward completion. DPF has not seen the original SPA figure, so no discount or saving is calculated here.

The one DPF calculation is the rate: AED 2,950,000 divided by 2,446 sqft gives about AED 1,206 per sqft. Buyers should check the SPA to confirm that the asking price matches the original price, and compare it with current resale asks for similar Greenway 2 units.

About the Project, Developer and Community

Greenway 2 is a townhouse project by Emaar Properties in Emaar South, a master-planned community within Dubai South. Published project details describe duplex townhouses in three- and four-bedroom layouts, with 3-bedroom homes at around 2,446 sqft, which matches the size the agent supplied.

Emaar South is planned as a family community with a golf course, a linear park, sports facilities, children's play areas and a mosque. Some facilities may still be under development, so buyers should confirm what will be open at handover.

Layout, Floor and View

The agent confirms three bedrooms, a size of 2,446 sqft and a central park view. Bathrooms, plot size and parking were not supplied and are not stated here. A floor plan and master plan will confirm the layout and the unit's position.

Payment Plan and Handover

The agent states handover is expected in Q2 2028. The unit's remaining payment schedule and the amount the seller has already paid were not supplied. Buyers should confirm both against the SPA and Emaar's statement of account, along with any developer transfer fee or conditions.

Location and Connectivity

Emaar South sits in Dubai South near Emirates Road, close to Al Maktoum International Airport and Expo City Dubai. DPF does not quote drive times for this listing; buyers should check routes to their own workplaces and schools.

Verification Notes

• Agent-supplied: price, first-price basis, size, bedrooms, view and handover quarter.
• Calculated by DPF: price per sqft from the agent's price and size.
• External research: Greenway 2 and Emaar South project facts from a portal area guide.
• Not yet verified: original SPA price, amount paid, remaining instalments, bathrooms, plot size and transfer conditions.