Park Greens by DAMAC Properties
AED 2,900,000
Starting from
70/30
Payment Plan
Q1 2027
Handover
Last Update: 1 year ago
Introducing Park Greens: Upscale Living in DAMAC Hills 2
Park Greens is an exclusive residential development by DAMAC Properties, situated in the lush, leafy landscapes of DAMAC Hills 2. This project features a collection of spacious twin villas, each designed to offer luxury and flexibility.
Luxurious Residences
Each villa in Park Greens comprises 4 dedicated bedrooms and 1 customizable room, which can serve as an office, game room, or personal library. These properties span three floors and feature a range of premium amenities, including:
- Garage
- Private swimming pool
- Outdoor gym/yoga platform
- Laundry room
- Storage room
- Jacuzzi
- Private cinema
- Terrace
Each villa boasts a generous size of 3,542 sq. ft, with a plot area of 2,462 sq. ft.
Resort-Like Amenities
Residents of Park Greens will have access to the exceptional amenities of DAMAC Hills 2, such as:
- Lazy river
- Malibu Beach
- Wave pool
- Floating movie theatre
- Surfing area
- Boating lake
- Barbecue area
- Zen garden
- Giant chess board
- Hedge maze
- Amphitheatre
- Farm
- Bird aviary
Property Information
- Location: DAMAC Hills 2, Dubai, UAE
- Developer: DAMAC Properties
- Status: In process
- Type: Twin villas
- Units: 4 bedrooms + 1 customizable room
- Area: 3,542 sq. ft.
- Total Units: Not specified
- Payment Plan: 70/30
Property Prices
As of November 2023, the starting price for a property in Park Greens is AED 2.9M (USD 790K). Price valid for 2023
Flexible Payment Plan
- On Booking: 20%
- On Construction: 50%
- Handover (Q1 2027): 30%
Prime Location
Park Greens is strategically located near Al Qudra Road, providing easy access to the rest of Dubai. Key destinations such as Dubai Marina, Business Bay, and Dubai International Airport are within a 35-minute drive.
Convenient Surroundings
The development is surrounded by numerous facilities within walking distance, including:
- Carrefour
- Saudi German Clinics DAMAC Hills 2
- Blue Oasis Veterinary Clinic D2 Branch
- Jeeves Dry Cleaners and Laundry
Economic Appeal
Investors looking to rent out their property in Park Greens will find that 4-bedroom villas in DAMAC Hills 2 generate an average gross ROI of 6.9%. The starting rental price is AED 85K (USD 23K) per year. This development is particularly appealing to families seeking a serene, leafy environment with easy access to educational facilities like Shining Stars Nursery Dubai.
Golden Visa Opportunity
Given the property value in Park Greens exceeds AED 2M (USD 545K), buyers are eligible for a 10-year Golden visa. This visa covers the property owner, their spouse, children, and domestic staff, and can be renewed as long as the property is owned.
Completion and Payment Schedule
Park Greens is scheduled for completion in Q1 2027. The attractive 70/30 payment plan requires a 20% booking fee, 50% payment during construction, and the remaining 30% upon completion.
Prices and payment plans are valid for 2023.