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DISTRESS DEAL: 5-BR + MAID IN PARK GREENS

Original Price: AED 3,144,960

Asking Price: AED 2,830,221

10.0% Below O.P.

Size: 3,541 sq.ft

Developer: Damac

Location: Damac Hills II

Completion Date: Q2 2027

Park Greens by Damac exterior in Damac Hills II luxury villa community with golf course views and landscaped surroundings – Distress Deal opportunity

AED 799

Per Sq. Ft.

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CLICK TO VIEW FLOORPLAN

Park Greens 5-BR + Maid's villa floorplan in Damac Hills II showing 3,541 sqft layout with living, dining, bedrooms, maid's room and garden zones – Distress Deal
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PAYMENT PLAN

UNIT PRICE

AED 2,830,221


PAYMENTS ON TRANSFER


1. Payment to seller

AED 1,499,661

2. DLD Transfer fee 4% + 40 AED

AED 113,248

3. DLD Registration Trustee fee + 5%VAT

AED 5,250

4. Buyer's agent commission 2% + 5%VAT

AED 59,434


PAYMENT PLAN SCHEDULE


20-MAR-2026

AED 30,240

20-APR-2026

AED 30,240

20-MAY-2026

AED 30,240

20-JUN-2026

AED 30,240

20-JUL-2026

AED 30,240

20-AUG-2026

AED 30,240

20-SEP-2026

AED 30,240

20-OCT-2026

AED 30,240

20-NOV-2026

AED 30,240

20-DEC-2026

AED 30,240

On 70% of Villa Completion

AED 60,480

On 80% of Villa Completion

AED 30,240

On 90% of Villa Completion

AED 30,240

On Completion

AED 907,200


SUMMARY


Total on Transfer

AED 1,677,593

Total remaining Payment Plan

AED 1,330,560

TOTAL COST FOR BUYER

AED 3,008,153


GOT QUESTIONS?

PROJECT DESCRIPTION

OVERVIEW

 

This five-bedroom plus maid’s villa in Park Greens, Damac Hills II, is offered as a distress deal at AED 2,830,221, reflecting a 10% discount from the original price of AED 3,144,960. The built-up area is 3,541 sq.ft, resulting in an entry price of approximately AED 799 per sq.ft. This is a ground plus two-storey villa with a park view, private pool, balcony, and covered parking. The property is off-plan, with completion scheduled for Q2 2027. The immediate investment thesis is the ability to secure a large, modern villa in a maturing master community at a below-launch price, with a structured payment plan and a clear discount to the developer’s reference. The buyer is not exposed to immediate handover or operational risk but is taking a position on the continued absorption and infrastructure build-out of Damac Hills II as the area matures toward and beyond 2027.

 

LOCATION & TRANSPORT

 

Park Greens is a sub-community within Damac Hills II, located at the intersection of Jebel Ali – Lehbab Road (E77) and Al Qudra Road (D63). This positioning places it within Dubai’s expanding southern corridor, with access to the city’s arterial routes. While the area is still developing, it is increasingly connected by road, and private vehicles remain the primary mode of transport. Ride-hailing services are widely available, and as the community matures, further transport links and retail infrastructure are expected to improve. The location is suited to families and professionals seeking larger homes at a more accessible price point than central Dubai, with the trade-off being a longer commute to established business and leisure districts. For investors, the area’s ongoing development is a key consideration, as future infrastructure will directly impact both rental demand and resale liquidity.

 

AMENITIES & SURROUNDING

 

Park Greens benefits from the extensive amenities of Damac Hills II, which are designed to support a family-oriented lifestyle. Residents have access to a wide range of shared facilities, including swimming pools, a lazy river, man-made beach, outdoor cinema, amphitheatre, barbecue areas, cricket and football pitches, cycle and jogging tracks, a boating and fishing lake, water playgrounds, splash pads, a petting farm, picnic parks, and a butterfly garden. The villas themselves feature modern layouts with large floor-to-ceiling windows, terraces, and landscaped gardens. The five-bedroom configuration includes a multifunctional room, en-suite maid’s room, and private balconies. The community is planned with green spaces and recreational zones, supporting both active and relaxed lifestyles. Surrounding infrastructure is developing, with retail, schools, and healthcare facilities gradually being added as the population grows.

 

MARKET

 

At AED 799 per sq.ft, this villa is priced below recent land transaction benchmarks in Park Greens, where land-only sales have been recorded at AED 1,188–1,240 per sq.ft. The discount to the original price provides a buffer against market volatility and future supply risk. The buyer profile for this segment is typically end-users and long-term investors seeking value in Dubai’s outer master-planned communities. Rentability will depend on the pace of handovers, infrastructure delivery, and the area’s ability to attract families seeking larger homes at a lower price per square foot. Liquidity is likely to be strongest once the community is more established and operational, with risk points including construction timelines, service charge levels, and the overall absorption rate of similar stock in Damac Hills II. Investors should also be mindful of the competitive landscape, as multiple projects in the area are targeting similar buyer profiles.

 

CONCLUSION

 

This distress deal offers a clear entry discount for a five-bedroom plus maid’s villa in a growing Dubai community. The pricing is visibly below both the original developer price and recent land transaction levels, with a payment plan that spreads risk over the construction period. The main upside is the ability to secure a large, modern villa with park views and private amenities at a cost base that is difficult to replicate in more mature areas. The principal risks are tied to the delivery timeline, ongoing community build-out, and the area’s future infrastructure and service levels. For investors comfortable with a medium-term horizon and the dynamics of Dubai’s outer master-planned communities, this deal presents a disciplined way to gain exposure to the family villa segment at a below-market entry point. As always, careful due diligence on developer track record, payment schedule, and future area plans is recommended before commitment.

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