4 Bedroom Townhouse in Violet 2, DAMAC Hills 2 – Urgent Cash Deal, AED 300K Below OP

Property Overview

This is a four-bedroom townhouse in Violet 2, DAMAC Hills 2, Dubai, developed by DAMAC Properties. It has a built-up area of 2,352 sq ft on a 1,215 sq ft plot and is listed at AED 1,650,000 against an agent-stated original purchase price of AED 1,950,000, which is AED 300,000 or 15.4% below OP. It is an urgent cash-only sale with handover expected within six months.

Property Highlights

• Asking price: AED 1,650,000
• Original purchase price (agent-stated): AED 1,950,000
• Saving against OP: AED 300,000 (15.4%)
• Built-up area: 2,352 sq ft
• Plot size: 1,215 sq ft
• Asking rate: approximately AED 702 per sq ft of built-up area (OP rate approximately AED 829)
• Bedrooms: 4
• Sale terms: cash buyers only; agency commission covered (agent-stated)
• Handover: within six months (agent-stated)

Why the Price Qualifies as Below OP

The agent brief gives a labelled original purchase price of AED 1,950,000 and a selling price of AED 1,650,000. Because the asking price is lower than the stated OP, DPF classifies this listing as Below OP.

• Saving: AED 1,950,000 minus AED 1,650,000 equals AED 300,000, matching the agent's stated figure.
• Percentage: AED 300,000 divided by AED 1,950,000 equals 15.4%, matching the agent's stated figure.
• Rate per sq ft: AED 1,650,000 divided by 2,352 sq ft equals approximately AED 702.

The benchmark is the seller's original purchase price as reported in the agent brief received on 2026-10-01. It is not a DLD transaction record or a market valuation, so it does not by itself show the unit is below current market value. Buyers should confirm the OP from the seller's SPA or Oqood registration.

Sale Terms

The seller is looking for a cash buyer only, so the purchase cannot depend on mortgage finance. The agent also states that the agency commission is covered, which reduces the buyer's transaction costs; the DLD transfer fee and any developer charges still apply unless agreed otherwise in writing. Confirm exactly which costs are covered in the agreement before paying a deposit.

About the Project, Developer and Community

Violet is a townhouse cluster by DAMAC Properties within DAMAC Hills 2, a master community in the Dubailand area. Published listings for four-bedroom Violet townhouses describe a multi-level layout with living space on the ground floor and bedrooms on the upper levels. Violet 2 is one of the numbered phases in the cluster.

DAMAC Hills 2 is organised into themed zones: Water Town with its wave pool and lagoon areas, Downtown with landscaped gardens and outdoor activity spaces, and Sports Town with courts for tennis, padel, basketball, football and cricket plus jogging and cycling tracks.

Layout and Plot

The agent confirms four bedrooms, a built-up area of 2,352 sq ft and a plot of 1,215 sq ft. Bathrooms, parking, row position, view and unit number were not supplied, so they are not stated here. Request the floor plan and site plan to confirm the layout and position.

Payment and Handover

The agent states that handover is expected within six months. The amount already paid to DAMAC and the balance due at handover were not supplied. Because this is a cash-only off-plan resale, buyers should obtain DAMAC's statement of account and confirm how the seller's paid amount and the remaining developer balance will be settled at transfer.

Location and Connectivity

DAMAC Hills 2 sits off Al Qudra Road in the Dubailand area, with road links to Emirates Road and Sheikh Mohammed Bin Zayed Road. Journey times depend on route and traffic, so DPF does not quote fixed minutes for this listing.

Verification Notes

• Agent-supplied facts: Violet 2, DAMAC Hills 2, townhouse, 4 bedrooms, BUA 2,352 sq ft, plot 1,215 sq ft, cash buyers only, commission covered, handover within six months, OP and asking price.
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: Violet layout and community amenities from portal and area-guide pages.
• Not supplied: bathrooms, parking, row position, view, unit number, amount paid and balance due.