Park Greens Phase 2 By Damac

Key facts

Handover

Q1 2027

Status

Under construction

Construction progress

3%

Ownership

freehold

Property types

villa

Availability

Available

Payment plan

Available units

Amenities

• Community Park
• Restaurants
• Retail Facilities
• Valet Parking
• Well-being and Fitness
• Landscaped Parks
• CCTV Security
• Gymnasium
• Mosque
• Children's Play Area
• Barbecue Area
• Shared Pool

Location

Park Greens Phase 2 By Damac sits in Park Greens.

Master plan

The developer’s own site plan for Park Greens Phase 2 By Damac, showing how the buildings, roads and open space sit together.

How Park Greens Phase 2 By Damac compares

Entry here is AED 2.9M, against a median of AED 2.9M across the 3 priced projects in Park Greens, which puts it above 1 of them and below 1. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q1 2027, alongside 132 other projects completing in the same quarter. Damac Properties has 167 projects in our catalogue, 3 of them in Park Greens.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 20% on booking, 40% during construction and 40% at handover. At the AED 2,880,000 entry price, that is AED 576,000 to reserve a unit, AED 1,152,000 across the build, and AED 1,152,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 115,000 at this entry price. That 20% booking payment does not go to Damac Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 3,542 square feet at AED 2,880,000, which works out at AED 813 per square foot.

Handover and construction

Handover is scheduled for Q1 2027. Construction was last recorded at 3% complete.

Ownership and residency

Park Greens Phase 2 By Damac is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development qualifies on its own.

Who it suits

The development is villas in 5 bedroom layouts. Every layout is 5 bedrooms or more and the site has children's facilities, which is family stock rather than investor stock.

What is on site

Shared facilities recorded for Park Greens Phase 2 By Damac lead with community park, retail facilities, valet parking, well-being and fitness, landscaped parks and mosque, alongside the restaurants, CCTV security, gymnasium, children's play area, barbecue area and shared pool that most Dubai developments carry. 1 floor plans are published for it.

Frequently asked