PARK GREENS

PARK GREENS

Exclusive 5BR Semidetached Villas in DAMAC Hills 2...

AED 2

STARTING PRICE

2024-01-19

COMPLETION DATE

Villa

PROPERTY TYPE

Damac hills 2

LOCATION

FEATURES

DAMAC Properties has introduced a brand new luxury residential project called Park Greens. The exclusive cluster will be part of the spectacular DAMAC Hills 2 community and will offer three-storey 5-bedroom twin villas. The homes are versatile depending on the lifestyle of the buyer, as one of the bedrooms can be used as a home office, library or games room.

AMENITIES

BBQ area

Sports Arena

Green Zone Plant Nursery

Swimming Pool

LOCATION
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DAMAC Hills 2 is being created as a self-sufficient suburban community that will offer maximum comfort for its residents. You’ll have plenty of family entertainment infrastructure right on your doorstep for everyone to enjoy.


Park Greens is being built near the Al Qudra Road exit, which means you can use the route to reach Dubai’s main roads, plus the cultural and business centres of the emirate. Downtown Dubai is around a 35-minute drive away, and Al Maktoum International Airport (DWC) is 45 minutes by car.


The community has its own shopping mall with retail stores, eateries and a Carrefour supermarket. Neighbouring malls near DAMAC Hills 2 are Dubai Outlet Mall and First Avenue Mall – Motor City, which are both about 15 minutes’ away, and within 20 minutes, residents can find City Centre Me'aisem and Cityland Mall – Global Village. The iconic Mall of the Emirates offers skiing, an indoor zoo and much more, alongside an endless list of luxury and highstreet shops, and is 40 minutes’ away.


Kids under 4 can enroll in the on-site Cherry Tree Nursery – DAMAC Hills 2, whilst older children have highly-rated international schools within 15-20 minutes’ from Park Greens, including Jebel Ali School – DAMAC Hills, GEMS Metropole School, and Safa Community School.


Medical needs can be addressed at the nearby Saudi German Clinic in the community centre, which is just a 5-minute drive away.


The convenient location, excellent community amenities and exclusive twin villa layouts, make Park Greens an appealing option for both living and investing. Properties stand to generate a stable rental income for investors, as similar 5-bedroom villas in DAMAC Hills 2 yield around 4.9% as of late 2023, with average annual rental price of AED 137.5K (USD 37K). Once completed, Park Greens villas could appreciate by 15-20% if resold.


While construction continues towards the Q1 2027 completion, you can reserve now with a 20% downpayment and opt to pay in installments for the premium twin villas with a70/30 payment plan.


Foreign buyers qualify for a 10-year UAE residency visa after the project completion. Visas can sponsor family members and domestic staff, and are renewable whilst owning the property.

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