Unit Type
Payment Plan
HandOver
Unit Type
Payment Plan
HandOver
Description
Damac Properties’ newest addition to its portfolio is the unveiling of Park Greens at Damac Hills 2. The luxurious residential project comprises a collection of high-end homes within a community surrounded by 5.1 million square feet of lush parklands, hence redefining the concept of modern living.
Park Green guarantees an exciting and ever-changing experience, it also offers an array of sports facilities water attractions, and unique activities, ensuring residents can enjoy a diverse and fulfilling lifestyle.
Further details of the project with concerns regarding unit types, sizes, and other project specifics will be unveiled soon. This seamless balance of luxury, nature, and a vibrant community living experience has laid the foundations for Park Greens at Damac Hills 2 to become a remarkable addition to Dubai’s real estate.
Option 1: 70/30 Payment Plan
Installment | Payment(%) | Payment Schedule |
Down Payment | 20% | On Booking Date |
1st to 3rd Installment | 3% | Within 5 months (1% monthly) from booking date |
4th Installment | 3% | Within 6 months from the booking date |
5th to 9th Installment | 5% | Within 11 months (1% monthly) from booking date |
10th Installment | 5% | Within 12 months from the booking date |
11th to 15 Installment | 5% | Within 17 months (1% monthly) from booking date |
16th Installment | 5% | Within 18 months from the booking date |
17th to 34th Installment | 18% | Within 36 months (1% monthly) from booking date |
35th Installment | 2% | On 70% completion |
36th Installment | 1% | On 80% completion |
37th Installment | 1% | On 90% completion |
Final Installment | 30% | On Completion |
Option 2: 60/40 Payment Plan
Installment | Payment(%) | Payment Schedule |
Down Payment | 20% | On Booking Date |
1st to 34th Installment | 34% | Within 36 months (1% monthly) from the booking date |
35th Installment | 2% | On 70% completion |
36th Installment | 2% | On 80% completion |
37th Installment | 2% | On 90% completion |
Final Installment | 40% | On Completion |
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Payment Plan
On Booking
On Construction
On Handover
Post Handover
GENERAL FAQ's
The DLD regulates all real estate activities in Dubai, ensuring transparency and legality. Key responsibilities include:
-Registering property transactions (sales, leases, mortgages).
– Issuing Title Deeds and managing the Real Estate Registry.
– Enforcing anti-fraud measures and resolving disputes through the Rental Dispute Centre.
– Mandating the use of certified trustees for off-plan project escrow accounts. For More information visit www.dubailand.gov.ae
You can check the status of a project through the Dubai Land Department (DLD) website or the Dubai REST app. Simply enter the project’s name or developer details to view updates, escrow account details, and progress reports. For More information visit https://dubailand.gov.ae/en/eservices/real-estate-project-status-landing/real-estate-project-status/#/
RERA is a regulatory arm of DLD that oversees real estate laws, brokers, developers, and rental disputes in Dubai. For More information visit www.dubailand.gov.ae
RERA’s Escrow Account Law requires developers to deposit 100% of buyer funds into DLD-approved escrow accounts. Funds are released only after construction milestones are verified, minimizing project delays or cancellations. For More information visit www.dubailand.gov.ae
EOI (Expression of Interest) is a formal pre-booking commitment made by a buyer to express their serious interest in purchasing a property, especially in off-plan projects in Dubai. It is typically required before a project is officially launched.
It provides legal protections for property investors through various regulations such as Escrow Law (Law No. 8 2007) which ensures developers deposit funds into escrow accounts to prevent fraud and Law No. 13 of 2008 which regulates the interim property registration.
This body has been developed to oversee real estate transactions, resolve property-related disputes, and develop and enforce real estate laws to ensure stability and fairness.
People who own property in Dubai worth at least AED 2 million are eligible to obtain a Dubai Golden Visa
Yes. Non-residents can obtain mortgages in Dubai. It is possible for foreign nationals to purchase their dream home in Dubai through a mortgage.
First of all, you must be a citizen of a country which is on the bank’s list. A non-resident mortgage seeker must be a professional or self-employed. Meeting minimum age and income requirements is also necessary in most of the cases.
After completing the property purchasing process, you need to visit the Dubai Land Department (DLD, submit the required documents such as the sale agreement, proof of payment and no objection certificate and pay the registration fee to obtain the title deed of your purchased property.
Open the Dubai Rest App and select the dashboard option to bring my property wallet screen. Choose your property, add the required details and click on the purple circle to get the electronic copy of your title deed.
Yes. Property owners are allowed to give their properties as gifts in Dubai through a legal process.
You can check the status of a real estate development in Dubai by visiting the Dubai Land Department (DLD) website or using the Dubai Rest App.
Location Map
Amenities and Features
Payment Calculator
- Principal and Interest 11,205.10 AED
- Property Tax 0
- HOA fee 0
Start With A Quick Quiz & End With The Best Deal!
Given our years of real estate experience, we understand that it is not easy to buy properties for sale in Dubai, especially for new buyers. It is challenging to find the perfect spot for investment amid thousands of investment opportunities.
However, Kelt and Co Realty has come up with a perfect solution. Now, an investor is not required to go through countless listings on different property-related websites. Kelt and Co Realty offers a one-stop solution. An investor just needs to complete this quick quiz to find the perfect investment option because all information related to off-plan property is available here.
You just need to follow simple steps on your screen to find the perfect option based on your specific demands and financial means. Choose the perfect offer and contact us!
- It takes less than 2 minutes
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