Park Greens Phase 2 By Damac in Damac Hills 2
Park Greens Phase 2 By Damac · Damac Hills 2, Dubai
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Launch Price
AED 2.88M
Property Type
Villa
Bedrooms
Various
Payment Plan
20/40/40
Handover
Q1 2027
Projected Yield
4.6 to 6.6%
Park Greens Phase 2 By Damac is a new villa development in Damac Hills 2, Dubai, opening at AED 2.88M. Buyers pay 20% on booking, 40% across the construction phase, and settle the final 40% on handover in Q1 2027. Market conditions in Damac Hills 2 support projected gross yields between 4.6 and 6.6 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Park Greens Phase 2 By Damac fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 96,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 576,000 Due on signing SPA |
|
| During Construction | 40% | AED 96,000/mo 12 monthly instalments |
|
| On Handover | 40% | AED 1,152,000 Due at Q1 2027 |
|
| Total | AED 2,880,000 | ||
On Booking
20%
AED 576,000
Due on signing SPA
During Construction
40%
AED 96,000/mo
12 monthly instalments
On Handover
40%
AED 1,152,000
Due at Q1 2027
Total
100%
AED 2,880,000
Questions about Park Greens Phase 2 By Damac
What payment plan does Park Greens Phase 2 By Damac offer?
Park Greens Phase 2 By Damac uses a 20/40/40 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q1 2027.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Park Greens Phase 2 By Damac fits your budget and send you comparable alternatives.
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