DAMAC «Park Greens»
Off-Plan

DAMAC «Park Greens»

From AED 3.30M·Handover Mar 2027·Developer payment plan available Payment
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AED 3.30M
Starting Price
Mar 2027
Handover
Developer payment plan available
Payment Plan
5 BR · Villa
Type

Project Overview

Park Greens is a premium collection of five-bedroom villas from developer Damac, located in the Damac Hills 2 neighborhood. The style of the residence is inspired by the beauty of nature, natural materials are used in the finishing of facades, interiors are made in light color shades, which in combination with large panoramic windows creates an atmosphere of luxury and comfort. The complex is located in the middle of a large picturesque park with many places for recreation, barbecue areas, sports and children's playgrounds and walking, running and bicycle paths. Also on the territory are a gym, swimming pool, studio for Pilates and yoga, lounge area, a platform for events and holidays and an open-air movie theater. Cafes, restaurants, a boat station and community club are within walking distance, as well as daycare centers, schools and medical centers. Damac Hills 2 has a convenient location near Al Qudra Road, which can be used to reach the main highways of the emirate and get to the main attractions of Dubai. Dubai Outlet Mall and First Avenue Mall are 15 minutes away, Palm Jumeirah, Dubai Marina and Mall of Emirates are 30 minutes away and Burj Khalifa and Dubai Mall are approximately 35 minutes away.

Project Specifications
DeveloperDamac Properties
LocationDamac Hills 2
Unit Types5 BR, Villa
AreaDamac Hills 2
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 142,395 / year
Cash-on-Cash
2.2%
Levered cashflow AED 33,495
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 214,500 / 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 «Park Greens» launch basis3,667AED 3.30MCurrent launch / asking basis
Damac Hills 2 ready-stock comps1,500AED 1.35MIndicative resale benchmark
Damac Hills 2 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 «Park Greens» official render 1

DAMAC «Park Greens» official render 1

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DAMAC «Park Greens» official render 2

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DAMAC «Park Greens» official render 5

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DAMAC «Park Greens» official render 9

DAMAC «Park Greens» official render 10

DAMAC «Park Greens» official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

Developer payment plan available

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Amenities & Lifestyle

BBQ
Cinema
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Shared gym & fitness

Location

Damac Hills 2

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Damac Hills 2Damac Hills 2Dubai, UAE

Developer Track Record

01

DAMAC «Park Greens» by Damac Properties

02

Located in Damac Hills 2

03

Starting from AED 3,300,000

04

Unit mix includes 5 BR, Villa

05

Expected handover: Mar 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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