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

5-Bedroom Villa Park Greens Damac Hills 2 — 5br For Sale Distress Deal AED
5-Bedroom Villa Park Greens Damac Hills 2. 5br For Sale Distress Deal AED.

AED 2,600,000 was AED 2,900,000

Deal typeBelow OP
PriceAED 2,600,000
Original priceAED 2,900,000
SavingAED 300,000 (10.3%)
Bedrooms5
Size3550 sq.ft
TypeVilla
StatusOff-Plan
HandoverQ3 2027
DeveloperDAMAC Properties
Area / Master developmentDamac Hills 2
Sub-community / PhasePark Greens
CommunityDamac Hills 2

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.

Frequently asked questions

What is the asking price of this Park Greens 5-bedroom villa?

The asking price is AED 2,600,000 for a 5-bedroom semi-detached villa with maid's room at Park Greens, DAMAC Hills 2, with a stated 3,550 sq ft built-up area on a 2,450 sq ft plot. That is about AED 732 per sq ft of built-up area.

How much below the original price is it?

The agent states an original price of AED 2,900,000. At AED 2,600,000, the villa is AED 300,000 below that figure, a 10.3% reduction. Buyers should confirm the original price against the SPA.

How much has been paid and when is handover?

The agent states 46% has been paid and handover is expected on 30 September 2027. Buyers should confirm the exact paid amount and remaining schedule with DAMAC's statement of account.

What view does the villa have?

The agent states the villa has a full park view. Buyers should confirm its position on the site plan.

Where is Park Greens located?

Park Greens is a DAMAC Properties cluster in DAMAC Hills 2, a gated community off Al Qudra Road in the Dubailand area.

What should buyers verify before purchasing?

Buyers should confirm the original price, amount paid, remaining payments, the built-up area and plot on the floor plan, the phase, DAMAC's NOC and transfer fees and the DLD transfer fee.

Buyer costs

What you will pay

Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price—
DLD transfer fee—
NOC fee—
Trustee / registration—
Agency fee—
VAT on agency (5%)—

Total cost

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Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.

AED
Down payment—
Loan amount—
Total interest—
Total repaid—

Monthly payment

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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

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