Property Overview
A 4-bedroom middle-unit townhouse in Violet 3, Damac Hills 2 at AED 1,700,000 for 2,325 sqft BUA on a 1,215 sqft plot, equalling AED 731 per sqft. The seller's total investment (OP plus 4% DLD fee) was AED 2,050,000. The saving is AED 350,000 (17.1% below the total investment). Back-to-back (B2B) configuration. Off-plan with handover Q2 2027.
Property Highlights
- Type: 4-bedroom townhouse, middle unit (B2B)
- Built-up area: 2,325 sqft
- Plot size: 1,215 sqft
- Asking price: AED 1,700,000
- Total investment (OP plus DLD): AED 2,050,000
- OP alone: Approximately AED 1,971,154
- Saving: AED 350,000 (17.1%)
- Rate: AED 731 per sqft (BUA)
- Bathrooms: 4
- Layout: G+2 with study, private garden, rooftop terrace, garage
- Handover: Q2 2027
OP + DLD Covered Analysis
The agent states the total investment was AED 2,050,000 including the 4% DLD fee. Back-calculating: the OP alone is approximately AED 1,971,154 (2,050,000 divided by 1.04) and the DLD fee was approximately AED 78,846.
At the asking price of AED 1,700,000, the seller absorbs:
- Discount from OP: AED 271,154 (13.8% below OP)
- DLD fee absorbed: AED 78,846
- Total seller loss: AED 350,000 (17.1% below total investment)
BUA Clarification
The agent states BUA of 2,325 sqft. Published floor plans for the TH12-4M (middle unit) show 2,352 sqft. The 27 sqft difference may reflect a measurement variance between the SPA and marketing floor plans. The plot size of 1,215 sqft matches the published specifications exactly.
Market Comparison
Active 4BR middle-unit listings in the Violet cluster:
- AED 1,699,999 for 2,352 sqft BUA, 1,215 sqft plot (branded as new middle unit)
- AED 1,750,000 for 2,351 sqft BUA, 1,215 sqft plot (multiple listings)
- AED 1,751,000 for 2,351 sqft BUA, 1,214 sqft plot (described as lowest price)
- AED 1,759,000 for 2,351 sqft BUA, 1,215 sqft plot
At AED 1,700,000, this listing matches the lowest active comparable (AED 1,699,999). Corner units in the same cluster list from AED 1,799,000 to AED 2,250,000.
DH2 Townhouse Context
The average 4BR townhouse transaction price in Damac Hills 2 is AED 2,159,362 (Q1 2026, per Metropolitan report). The area average price per sqft is AED 937. At AED 731 per sqft, this listing is 22% below the area average. This gap reflects the off-plan resale status, middle-unit configuration, and the significant discount from the seller's investment.
About Violet 3
Violet 3 is the third phase of the Violet cluster in Damac Hills 2 by Damac Properties. It has 616 units and RERA permit 0904799594. The Violet cluster has four phases: Violet (original, 526 units, handover Q2 2026), Violet 2 (handover 2027), Violet 3 (handover Q2 2027) and Violet 4 (handover Q3 2027). Unit types include 4BR middle (TH12-4M, BUA 2,352 sqft, plot 1,215 sqft) and 4BR end/corner (TH12-4E, BUA 2,415 sqft, plot 1,842 sqft).
About Damac Hills 2
Damac Hills 2 (formerly Akoya by Damac) is a master-planned community by Damac Properties in Dubailand, along Al Qudra Road. Community amenities include Malibu Beach with wave pool, Water Town, lazy river, floating and outdoor cinemas, amphitheatre, butterfly garden, cricket pitch, cycling paths, football pitch, jogging tracks, outdoor gym, paintball arcade, swimming pools, volleyball and basketball courts, dog park, yoga gardens and paddle courts. The community has seen over 3,400 townhouse transactions in 2025, making it one of Dubai's most active townhouse markets.
Verification Notes
The asking price, OP+DLD total, BUA, plot size and B2B configuration are from the agent brief. The BUA of 2,325 sqft is close to the published 2,352 sqft for the TH12-4M middle unit (27 sqft variance). The plot of 1,215 sqft is confirmed. The 17.1% saving is verified (350,000 divided by 2,050,000). Q2 2027 handover is confirmed for Violet 3. This is a different unit from the previously listed 4BR corner in the Violet cluster. Buyers should confirm the exact unit, remaining payment schedule, and developer NOC process.