DAMAC «Golf Greens 1»
Off-Plan

DAMAC «Golf Greens 1»

From AED 1.25M·Handover Mar 2027·15% down payment Payment
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AED 1.25M
Starting Price
Mar 2027
Handover
15% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Golf Greens 1 is the first phase of a luxury project by developer Damac, located in the Damac Hills community. The building consists of a ground level, three podium floors, 31 residential floors, and a rooftop. The collection includes one- and two-bedroom apartments, as well as two- and three-bedroom townhouses. The architecture features a contemporary style with a focus on panoramic views: residents can enjoy balconies and terraces with direct views of the golf course. The complex blends seamlessly into the green surroundings, emphasizing harmony with nature. Spacious residential floors are complemented by exclusive leisure and recreation areas. Interiors are designed with light tones, high-quality materials, and functional layouts. The overall design combines a natural theme with the comfort of urban living. Residents have access to swimming pools with islands, waterfront lounge areas, a palm garden, a golf simulator and academy, night golf, creative zones with 3D printing, balcony golf experiences, golf carts, ergonomic relaxation zones, and sky golf-style activity spaces. The complex is located in Damac Hills with direct access to the golf course and quick connections to key city destinations. Within 10–15 minutes’ drive are Dubai Polo & Equestrian Club, Dubai Autodrome, Miracle Garden, Dubai International Stadium, Global Village, IMG World, and Hamdan Sports Complex.

Project Specifications
DeveloperDamac Properties
LocationDamac Hills
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaDamac Hills
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 53,938 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,688
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 81,250 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
DAMAC «Golf Greens 1» launch basis1,389AED 1.25MCurrent launch / asking basis
Damac Hills ready-stock comps1,500AED 1.35MIndicative resale benchmark
Damac Hills premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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DAMAC «Golf Greens 1» official render 1

DAMAC «Golf Greens 1» official render 1

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DAMAC «Golf Greens 1» official render 9

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DAMAC «Golf Greens 1» official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

15% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Basketball court
Central A/C
Children’s pool
Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Dog walking area
Football field
Golf course
Infinity pool
Jogging tracks
Kids Play Area
Landscaped garden
Landscaped park
Leisure areas
Lift
Lobby
Outdoor cinema
Paddle court
Pets Allowed
Recreational areas
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Sports ground
Tennis court
Walking paths

Location

Damac Hills

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Damac HillsDamac HillsDubai, UAE

Developer Track Record

01

DAMAC «Golf Greens 1» by Damac Properties

02

Located in Damac Hills

03

Starting from AED 1,250,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Mar 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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