Damac Hills - Park Town

Key facts

Handover (past)

Q4 2018

Status

Ready

Construction progress

100%

Property types

Apartments

Availability

Available

How Damac Hills - Park Town compares

Entry here is AED 923,000, against a median of AED 918,775 across the 6 priced projects in Damac Hills, which puts it above 3 of them and below 2. The plan opens at 100% down, against a Dubai median of 20%, so it asks 80% more up front than the typical plan. Handover lands in Q4 2018, alongside 4 other projects completing in the same quarter. DAMAC has 42 projects in our catalogue, 13 of them in Damac Hills.

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.

Payment plan

Available units

Amenities

• The Park
• Complete Family Care Facility
• Stables With Horse-Riding Lessons
• World-Class Tennis Courts
• Kids Play Area
• Basketball Court
• Volleyball Court
• Barbecue Area
• Al Fresco Gym
• Tree-Lined Pathways
• Malibu Bay Wave Pool
• Swimming Pool
• Fishing Lake
• Petting Farm
• Trump International Golf Club Dubai
• Local Shops

Location

Damac Hills - Park Town sits in Dubai.

Master plan

The developer’s own site plan for Damac Hills - Park Town, showing how the buildings, roads and open space sit together.

What you pay, and when

The published schedule splits the price 100% on booking. At the AED 923,000 entry price, that is AED 923,000 to reserve a unit.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 37,000 at this entry price. That 100% booking payment does not go to DAMAC 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 580 square feet at AED 923,000, which works out at AED 1,591 per square foot. Stated sizes run from 580 to 1,396 square feet.

Handover and construction

The handover on record for Damac Hills - Park Town is Q4 2018. Construction was last recorded at 100% complete.

Ownership and residency

The entry price sits below the AED 2,000,000 property threshold the 10 year UAE golden visa asks for.

Who it suits

The development is Apartments in studio to 1 bedroom layouts.

What is on site

Among the shared facilities recorded for Damac Hills - Park Town are the park, complete family care facility, stables with horse-riding lessons, world-class tennis courts, kids play area, basketball court, volleyball court and al fresco gym, alongside the barbecue area that most Dubai developments carry. 7 further facilities are listed in the full spec. The development is 4 units in total. 4 floor plans are published for it.

Frequently asked