Property for sale in
PARK GREENS
About PARK GREENS
ShareLocation
Developer
Property status
New project
Type of property
Development
Project ID
35204
Distance to the sea
33000 m
Payment plan
20/80
SharePark Greens by Damac Properties
Damac Properties, specialising in the construction of elite real estate, has launched the construction of a new project, Park Greens in Dubai, UAE. The complex will be in the central part of the luxury community Damac Hills 2 and is set to be completed in March 2027.
The settlement will consist of three-storey, townhouses with five bedrooms. The average villa size will be 329 square metres, with a plot area of 229 square metres. A solid 1.8 m concrete fence will separate the two villas. The key feature of the project is the positioning of the villas in a single line along parks, landscaped areas and water features, providing residents with excellent views and quick access to infrastructure facilities.
During the construction phase in Park Greens prices from the developer will be the most advantageous. A five-bedroom villa can be purchased today for AED 2.
89 million (USD 787,000).
Location
The complex is located in the Damac Hills 2 area, which has excellent infrastructure for comfortable family everyday life. Within a five-minute drive, you can find the following:
- Akoya Oxygen Community Center, featuring a community mall, Carrefour supermarket, pharmacy, Cherry Tree Nursery, cafes, restaurants, a sports club, beauty salon and Saudi German Clinic;
- Grand supermarket;
- Shining Stars Nursery;
- Damac Pet Farm Zoo;
- Damac Akoya Dog Park.
According to the master plan, a school will also be established in the area.
The complex provides quick access to Al Qudra Road, intersecting with Al Ain – Dubai Road, leading to the city centre. Convenient transportation allows easy travel to neighbouring areas, Dubai key destinations, and Dubai International Airport.
Within 20 minutes, you can reach The Sevens Stadium sports complex with a cricket stadium and rugby club, as well as Dubai Outlet Mall, offering branded goods at discounted prices.
Within a 25-minute drive, you will find:
- The Aquila School;
- Silicon Central Mall;
- Chubby Cheeks Nursery;
- Aster Medical Centre in Dubai Silicon Oasis.
The journey to the city centre, the seaside, International Golf Course and Al Maktoum International Airport will take 30–35 minutes.
Real Estate in Park Greens for Investment
Investing in off-plan properties in Dubai is a good option for investors seeking guaranteed returns. By the completion of the project, property values are expected to increase by 20–30%. Additionally, annual housing price growth in Dubai should not be overlooked. For instance, in 2022, the prices of under-construction villas rose by 23%.
As the new settlement is situated in a popular area with good infrastructure, villa owners will easily be able to rent them out for the long term. From the second half of 2022, the average annual rental fee in Damac Hills 2 increased by 11.79%. Notably, the annual rental cost for a five-bedroom villa increased by 17.14%, averaging AED 123,000 (USD 33,500). The rental yield for a five-bedroom home in Damac Hills 2 reaches 6.5% per year.
Project details
Close to shopping malls
Close to the kindergarten
Prestigious district
Environmentally pristine area
Near the golf course
Pool view
Street view
Courtyard view
Beautiful view
Balcony
Terrace
Internet
Premium class
New development project
New project
Low-rise buildings
Tap water
Electricity
Driveway to the land plot
Child-friendly
Restaurant
Recreation area
Fitness room
Pilates and yoga room
Garage
Barbecue area
CCTV
Security
Children's playground
Landscaped green area
Swimming pool
Basketball court
Running track
Volleyball court
Tennis court
Football pitch
Supermarket
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Comparison of parameters and prices in Park Greens
Layouts
Bedrooms
Living space
Price
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Payment plan
Payment number
Phase
Payment (%)
Immediate20%
On Booking
20%
1st Instalment1%
Within 3 months
1%
2nd Instalment1%
Every month for 33 months
1%
3rd Instalment2%
On Completion 70%
2%
4th Instalment2%
On Completion 80%
2%
5th Instalment2%
On Completion 90%
2%
6th Instalment40%
On completion
40%
Benefits of buying property in Park Greens
Villas in Park Greens
All villas in the new complex will be designed in a modern minimalist style. The houses will feature floor-to-ceiling windows that flood the rooms with natural light, open balconies and terraces with glass railings as well as flat roofs and fenced plots with lush gardens and patios.
The layouts include the following functional spaces:
- cosy and bright living room combined with a dining area, designed in warm beige and sandy tones
- fully equipped kitchen with a backsplash, built-in cabinets, stone countertops, stove, extractor hood and refrigerator
- storage room and laundry with a washing machine
- fully tiled bathrooms with vanity units featuring stone countertops, mirrors, sanitary ware, hardware and accessories
- maid’s room with a separate bathroom
- guest toilet on the first floor
- one bedroom on the first floor, three bedrooms on the second floor and one bedroom/multi-purpose room (without a built-in wardrobe) on the third floor
- terrace with a jacuzzi and relaxation area on the third floor
The houses will have ceramic granite floors, and the ceiling height will reach 3.35 metres.
Privileges
Among the advantages of Park Greens in Damac Hills 2 are functional layouts, stylish and concise villa interiors and the strategic location of the settlement surrounded by lush parks and gardens. The community is situated near key infrastructure facilities. Within walking distance from the new complex, you will find various recreational, sports facilities and comfortable living amenities, including:
- Water Town – a water-themed area with a river-like pool, wave pool, Malibu-style sandy beach, floating cinema, lake with boating and waterfront cafes;
- Sports Town – a sports area covering 93,300 square metres with a tennis court, football and cricket stadiums, basketball and volleyball courts and an outdoor gym;
- Downtown – a central micro district covering 61,100 square metres, featuring a barbecue area, green labyrinth, children’s playground, zen garden, amphitheatre, “snakes and ladders” game area and giant chess.
A jogging track runs along all functional areas.
Contact via WhatsApp
Don't miss the opportunity to be part of this new story and enjoy the true luxury of living in a state-of-art home by a world-renowned developer Damac Properties
Location
Carrefour Supermarket
3 km
School
22 km
ATM machine
2.5 km
Burj Khalifa
44 km
Pharmacy
30 km
Airport
39 km
Ripley's Believe It Or Not
27 km
Sea
33 km
FAQ
Who is constructing Park Greens?
Park Greens Villas are being built by Damac Properties, a company operating in the elite real estate sector in Dubai since 2002.
Where is Park Greens located?
Park Greens is situated in the centre of the Damac Hills 2 district.
What are the types of off-plan properties for sale in Park Greens?
The complex offers premium five-bedroom townhouses.
When is the completion of the Park Greens Damac Hills 2 project planned?
The handover of the settlement is scheduled for March 2027.
What payment plan is available to property buyers in Park Greens?
The developer offers an interest-free instalment plan structured as follows:
- 20% – initial payment
- 50% – during the construction phase
- 30% – upon handover of the house
How much does a villa for sale in Park Greens cost?
The minimum cost of a five-bedroom villa in Damac Park Greens is AED 2.89 million (USD 787,000).
Can a residential visa be obtained for purchasing a house in Park Greens?
Buyers of elite villas and their close relatives can obtain resident status for five years.
Can a foreigner buy real estate in Park Greens?
Foreigners have the right to purchase villas in the new complex for private ownership.
What lifestyle awaits residents of the new Park Greens residential complex in Dubai?
The new complex is an excellent place for peaceful, community living away from the bustling city centre. Spacious three-storey villas in a modern style, located near pools, lush parklands, sports amenities and other infrastructure, offer an ideal housing format for those who prefer living in a private house with luxurious amenities.
What are the advantages and disadvantages of living in Damac Hills 2?
Despite Damac Hills 2 being located away from the city centre and seaside, it provides an unparalleled living experience for comfortable suburban living. A sports village, water attractions, children’s playgrounds, shopping centres, restaurants, cafes, numerous parks and other amenities allow residents to lead an active lifestyle, relax, shop and spend time with loved ones without leaving this sought-after area.
Developer
15
Objects completed
40
Objects in work
2002
Founded in
DAMAC Properties has been shaping the Middle East's luxury real estate market since 2002. To date DAMAC has delivered c. 43,700 quality homes, with c. 28,000 more under way.
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