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Park Greens 3 - Image 1
Golden Visa
Damac Hills 2, Dubai·DAMAC Properties

Park Greens 3

AED 2.79MPublished estimate: 11.5
5
Bedrooms
N/A
Bathrooms
3,090–3,542 sq ft+
Sqft
Q1 2027
Handover

About This Project

Park Greens 3 by DAMAC Properties in Damac Hills 2, Dubai offers villa residences with 5-bedroom configurations. Live project facts and amenities were verified against Property Finder. Rental yield is a modeled stabilized gross estimate of 6.5%; expected ROI is a modeled 11.5% including a conservative 5% appreciation assumption, not a guarantee. The available residences include 5-bedroom villas spanning approximately 3,090–3,542 sq ft. The lifestyle offering features Social and Community, Gymnasium, Indoor Swimming Pool, Landscaped Gardens, Cycle Track, and Barbecue Area. The project is recorded as off-plan, with a published Q1 2027 handover target. For investment planning, the working model uses a 6.5% stabilized gross rental yield and 11.5% expected ROI; ROI includes a fixed 5% appreciation assumption, and actual returns can vary with costs, vacancy and market conditions. Its recorded starting price also meets the AED 2 million screening threshold for UAE property-investor Golden Visa consideration, subject to the selected unit value, qualifying amount paid, supporting documents and authority approval. Buyers should reconfirm current availability, service charges, final layouts and contractual terms before committing.

Amenities

Social and Community
Gymnasium
Indoor Swimming Pool
Landscaped Gardens
Cycle Track
Barbecue Area
Children's Play Area
Security

Related Keywords

Park Greens 3DAMAC PropertiesDamac Hills 2DubaiVilla5 BR

Key Features

Theme
Villa
Unique
Damac Hills 2, Dubai
Price
AED 2.8M

Property Documents

Request available documents for this property

Investment Potential

11.5
Published ROI Estimate

Verify assumptions independently

6.5
Published Rental Yield

Gross/net basis may vary

Property Price: AED 2.79M

Published estimates are not guaranteed returns. Verify current rents, costs, vacancy and market evidence independently.

May be relevant to property-based residency criteria; verify current rules

Payment Plan

50/50
10%Booking
40%During
50%On
Booking
AED 0.28M(10%)
During Construction
AED 1.12M(40%)
On Handover
AED 1.40M(50%)

Understanding Payment Plans

Dubai off-plan properties typically follow a post-handover payment structure. The percentages shown represent when payments are due during the construction and handover process.

Booking / Down Payment:Paid when signing the Sales Purchase Agreement (SPA)
During Construction:Paid in installments linked to construction milestones
On Handover:Final payment when you receive the property keys

Note: DLD registration fee (4% + AED 4,000) and Oqood fee (AED 5,000 for off-plan) apply additionally.

Project Status

Planning
Project design & approvals
Construction
Building in progress
Handover
Ready for move-in
Expected Handover
Q1 2027

Frequently Asked Questions

What property types are available at Park Greens 3?

The live project record lists Villa with 5 BR configurations. Availability should be confirmed for the selected release.

What is the modeled rental yield for Park Greens 3?

The modeled stabilized gross rental yield is 6.5%. It is an estimate based on area and property-type comparables, not a guarantee.

When is Park Greens 3 expected to be completed?

The published handover target is Q1 2027. Construction schedules may be revised by the developer.

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Mortgage Calculator

Property Price
AED 2,790,000
Down Payment25% (AED 697,500)
Interest Rate3.7% p.a.
Loan Term25 years
Loan AmountAED 2,092,500
Monthly PaymentAED 10,701
Total InterestAED 1,117,800

* Estimate based on 3.7% p.a. rate. Actual rates may vary (3.4-4.2%).

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RERA Registration

RERA registration number not available

Quick Info

StatusOff-Plan
TypeVilla
Payment Plan50/50
HandoverQ1 2027
DeveloperDAMAC Properties
Share:
Check Your Eligibility
Review current property-based residency criteria

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