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Park Greens
Phase 2

About Park Greens Phase 2

2,880,000 AED Starting Price from
3,542 Area from
(sq. ft.)
5BR Available Units
In progress Handover

Buy Similar Property in Damac Hills 2

Park Greens is an upscale residential development by DAMAC Properties in DAMAC Hills 2. Nestled amongst lush leafy landscapes, the project features a collection of spacious twin villas. The second phase is going to be launched soon.

These have 4 dedicated bedrooms and 1 room to customise as you please; it can serve as an office, a game room or a personal library, for instance.

Each property has 3 floors. Among other key features are a garage, a private swimming pool, an outdoor gym/yoga platform, a laundry room, a storage room, a jacuzzi, a private cinema and a terrace. The size of the property is 3,542 sq. ft, whilst the plot area stands at 2,462 sq. ft.

When living in Park Greens, you will be able to enjoy all the unparalleled resort-like amenities of DAMAC Hills 2. A few of them include:

  • 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 Prices

As of November 2023, the starting price for a property in Park Greens is AED 2.88M (USD 784K).

*The price is valid for 2024

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Property Information

  • Location Damac Hills 2, Dubai, UAE
  • Developer DAMAC
  • Status of Project In progress
  • Type of Project Villas
  • Units 5BR Villas
  • Area from 3,542 sq. ft.
  • Payment Plan 60/40

Floor Plans of Park Greens

Location

Park Greens is strategically nestled near Al Qudra Road, ensuring hassle-free access to the rest of the emirate. As a result, Dubai Marina, Business Bay and Dubai International Airport, among other locations, can be reached within a 35-minute driving radius.

The development is surrounded by many facilities that can be reached on foot. Among these are:

  • Carrefour
  • Saudi German Clinics DAMAC Hills 2
  • Blue Oasis Veterinary Clinic D2 Branch
  • Jeeves Dry Cleaners and Laundry
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Economic Appeal

If you are planning to rent out your property in Park Greens, you will be keen to learn that 4-bedroom villas in DAMAC Hills 2 generate a gross ROI as high as 6.9% on average. The starting rental price stands at AED 85K (USD 23K) per year. Real estate in this development will be of interest to families with children who wish to live in a serene leafy area with easy access to educational facilities, such as Shining Stars Nursery Dubai.

Since the property value in Park Greens exceeds AED 2M (USD 545K), you have the opportunity to obtain a Golden visa. It is valid for 10 years and applies to your spouse, children and domestic staff.

Park Greens is scheduled for completion in Q1 2027. While it is being built, you can use an attractive 60/40 payment plan.

*The price is valid for 2024

FAQ

Who is the developer of Park Greens?

DAMAC Properties is the developer of Park Greens.

What is the address of Park Greens?

It is situated in DAMAC Hills 2.

What are the offered unit types?

It features a collection of twin villas with 4 bedrooms and 1 additional room.

What is the completion date of Park Greens?

Park Greens is scheduled for completion in Q1 2027.

What are the payment plans for Park Greens?

You can use an attractive 60/40 payment plan.

How much does a villa cost in Park Greens?

As of Q1 2024, the starting price for a property in Park Greens is AED 2.88M (USD 784K).

Can I get residency if I buy property in Park Greens?

Yes, you can become a long-term resident in this case.

What type of visa can I get when I buy a property?

Since the property value in Park Greens exceeds AED 2M (USD 545K), you have the opportunity to obtain a Golden visa. It is valid for 10 years and applies to your spouse, children and domestic staff.

Can a foreigner buy property in Park Greens?

Yes, the development is freehold.

Is a villa in Park Greens a good investment?

It is a great investment, since 4-bedroom villas in DAMAC Hills 2 generate a gross ROI as high as 6.9% on average. The starting rental price stands at AED 85K (USD 23K) per year.

Is Park Greens a good place for living in Dubai?

It is a great place for living in Dubai, especially for families with children. Residents can enjoy a lazy river, Malibu Beach, a wave pool, a floating movie theatre, a surfing area, a boating lake and more.

What are the pros and cons of living in DAMAC Hills 2?

DAMAC Hills 2 boasts excellent infrastructure, with many essential facilities located within the area. These include Carrefour, Saudi German Clinics DAMAC Hills 2, and Blue Oasis Veterinary Clinic D2 Branch, to name a few.

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  • [email protected]
  • +971 4 428 6151
  • 36th-38th Floor, Al Salam Tecom Tower,
    Internet City, Dubai, UAE

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