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PAYMENT PLAN
UNIT PRICE | AED 1,430,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 1,272,029 |
2. DLD Transfer fee 4% + 40 AED | AED 57,240 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 30,030 |
PAYMENT PLAN SCHEDULE
On Handover | AED 157,971 |
SUMMARY
Total on Transfer | AED 1,364,549 |
Total remaining Payment Plan | AED 157,971 |
TOTAL COST FOR BUYER | AED 1,522,520 |
EXECUTIVE SUMMARY
Investment Analysis Summary
Project: Distress Deal: 1-BR in Golf Green 2
This property is listed under a distress deal, offering an attractive entry point for investors. The asking price of AED 1,430,000 represents a significant reduction from the original price, indicating potential for capital appreciation. The calculated price per sq. ft. is crucial for understanding the current market position and potential yield.
Price per Sq. Ft. Calculation
Asking Price: AED 1,430,000
Size: 1,007 sq. ft.
Price per sq. ft.: AED 1419.56
Conclusion
This distressed asset presents an opportunity to acquire property below the original market rate. The price per sq. ft. assessment further underscores its potential for positive yield, appealing to investors focused on capital appreciation and rental yield.


PROJECT DESCRIPTION
Overview
Golf Greens is a multi building residential complex currently under development within the Damac Hills master community in Dubailand, Dubai. The project is being developed by Damac Properties through its subsidiary Damac Crescent Properties and forms part of the wider expansion of mid rise and high rise residential inventory surrounding the Trump International Golf Club Dubai. The development comprises three individual buildings identified as Golf Greens A, Golf Greens B and Golf Greens C. The towers are planned at approximately thirty five storeys and twenty storeys in height and are expected to contain a mix of apartment units overlooking the golf course landscape. The project was first traced during 2023 with estimated construction commencement scheduled for December 2023 and projected completion expected around March 2027. The complex is positioned within the Al Hebiah Third district of Dubailand which has evolved over the past decade into a large scale residential zone containing villas, townhouses and apartment developments served by neighbourhood retail, schools and hospitality assets.
Location within Damac Hills
Damac Hills is a master planned residential community constructed around the eighteen hole Trump International Golf Club Dubai course. The community is located along Hessa Street and provides vehicular connections to Sheikh Zayed Bin Hamdan Al Nahyan Street and Emirates Road. Golf Greens sits within the internal road network of Damac Hills in proximity to Damac Mall and Damac Hills Park. The neighbourhood contains landscaped open space, recreational facilities and retail outlets which support residential clusters distributed around the golf fairways. The placement of Golf Greens within this environment means that many apartments are oriented toward green space views or toward internal landscaped podium areas. The development therefore forms part of a broader pattern of mid to high density residential buildings which complement the surrounding villa districts. Pedestrian footpaths, internal roads and cycling lanes connect the project to nearby residential buildings including Golf Veduta, Golf Horizon and other Damac Hills towers.
Transport and Regional Access
The transport position of Golf Greens is primarily car oriented although the surrounding road network provides relatively direct connections to a number of core urban districts within Dubai. Travel times by private vehicle are estimated at approximately seventeen minutes to Dubai Mall in Downtown Dubai, seventeen minutes to Palm Jumeirah and approximately fifteen minutes to the Burj Al Arab coastal corridor. The Walk at JBR can typically be reached in roughly twenty one minutes depending on traffic conditions. Dubai International Airport is usually around twenty two minutes by road while Al Maktoum International Airport located near the Dubai South and Expo district is roughly thirty three minutes away. Public transit options in the immediate vicinity are limited and residents generally rely on private vehicles or ride hailing services. Over the longer term the broader Dubailand corridor has been identified for potential transport expansion including bus routes and planned infrastructure improvements which may enhance connectivity to other districts.
Architecture and Building Configuration
The Golf Greens complex contains three towers built above podium levels which incorporate outdoor landscaped amenities. The architecture is oriented toward maximising visual connections with the Trump International Golf Club Dubai course and nearby parkland. Podium structures are designed to support leisure facilities and landscaped recreation areas. These podium levels include an aqua garden concept composed of small planted islands, pedestrian walkways and water features. Apartments are arranged vertically within each tower and the buildings contain a mixture of one bedroom, two bedroom and three bedroom residences. Balconies and glazing are planned in order to frame views toward the golf course or internal community spaces. The towers also incorporate shared resident facilities such as swimming pools, sundecks, gymnasium areas and shaded seating zones distributed across podium terraces or internal resident areas.
Amenities and Facilities
The planned amenity offering at Golf Greens includes a combination of indoor and outdoor recreational spaces designed to support daily residential use. Facilities listed in development documentation include a swimming pool zone with sun loungers and a landscaped terrace environment. Fitness facilities include a gymnasium and dedicated indoor golf simulator area which allows practice independent of outdoor weather conditions. Seating areas, shaded lounge spaces and communal deck areas are designed for passive recreation within the podium levels. The integration of an indoor golf simulator reflects the thematic identity of the Damac Hills district which has been built around golf oriented recreational environments. In addition to on site facilities the wider Damac Hills community provides access to Damac Hills Park, sports courts, supermarket outlets and community restaurants positioned near the central Damac Mall retail area.
Surrounding Infrastructure and Amenities
The area surrounding Golf Greens includes a range of shops and services located within walking distance or short driving distance of the development. Supermarkets operating near the site include Carrefour Market within the Damac Hills Park food zone and Spinneys within Damac Mall. Additional neighbourhood retail includes convenience stores, dining outlets and small service shops distributed through the community retail cluster. Nearby restaurant outlets include casual dining venues operating within the Damac Hills Park food zone such as burger restaurants, dessert outlets and takeaway establishments. Medical facilities in the short radius include Saudi German Clinics and pharmacy outlets such as Al Ain Pharmacy located in the Damac Mall complex. Personal services such as salons, spas and laundrette facilities also operate within neighbouring residential buildings and retail zones.
Nearby Recreation and Attractions
The Damac Hills location situates Golf Greens within driving distance of several recreational landmarks in the Dubailand corridor. Dubai Miracle Garden located approximately five kilometres away is a seasonal floral attraction featuring large scale horticultural displays. Global Village located roughly eight kilometres away is a seasonal cultural and entertainment venue featuring pavilions representing different countries. The Storm Coaster located at Dubai Hills Mall is approximately ten kilometres away and forms part of the indoor theme park environment. Within closer proximity residents have access to Damac Hills Park which lies within walking distance and serves as the principal green open space of the community. Nearby golf facilities include the Trump International Golf Club Dubai course which lies approximately 1.2 kilometres away, Arabian Ranches Golf Club roughly 4.5 kilometres away and The Els Golf Club located within Dubai Sports City roughly 4.8 kilometres away.
Education and Schools
Several educational institutions operate within short driving distance of Golf Greens. Jebel Ali School located approximately 0.5 kilometres away provides British curriculum education and has achieved a government inspection rating classified as very good. South View School located roughly 1.3 kilometres away also follows the British curriculum model. Additional schools within a short radius include Ranches Primary School in Arabian Ranches and Fairgreen International School within The Sustainable City which offers International Baccalaureate programmes. These education facilities form part of a wider educational cluster within Dubailand which serves families residing in surrounding villa communities and apartment developments.
Neighbouring Communities
Golf Greens is surrounded by several established neighbourhoods within the wider Dubailand area. Remraam lies approximately 1.2 kilometres away and is composed of mid rise apartment buildings arranged around landscaped open space. Mudon sits roughly 2.2 kilometres away and primarily contains villas and townhouses arranged around parks and community centres. Arabian Ranches 2 located around three kilometres away is another villa oriented community developed by Emaar. Additional nearby districts include The Sustainable City, Studio City, Motor City and Town Square. These areas collectively form a broad residential corridor within Dubailand characterised by suburban planning patterns, landscaped public areas and community retail hubs.
Market Position and Distressed Asset Status
Property listings occasionally associated with Golf Greens indicate that certain individual units have entered the market as distressed assets due to pricing significantly below prevailing market levels for comparable apartments within the Damac Hills district. In real estate terminology a distressed asset typically indicates that the property is being offered below typical market valuation due to financial circumstances of the owner or time sensitive resale conditions. Such listings can arise before completion in the off plan secondary market where investors seek to transfer contractual ownership positions prior to project handover. The existence of such below market transactions does not change the structural attributes of the development but it reflects temporary pricing conditions within the property resale environment.
Conclusion
Golf Greens forms part of the continuing residential expansion of Damac Hills within Dubailand and represents a multi building apartment complex located near golf course landscapes and internal community amenities. The project combines mid and high rise residential towers, recreational facilities and landscaped podium areas within a suburban style master planned environment. Proximity to schools, neighbourhood retail, parks and golf facilities contributes to the functional residential infrastructure of the development. Road connections provide transport access to major districts such as Downtown Dubai and Palm Jumeirah while nearby communities create a broader regional residential network. Upon completion the project will add additional apartment supply to the Damac Hills area while benefiting from the established infrastructure of the surrounding community and the nearby Trump International Golf Club Dubai recreational environment.


