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Damac Hills

Park Residences townhouse

4 BR · Townhouse

Where it is

Damac Hills

A golf community around the Trump International course, with a large park and a wide range of villa and apartment product.

  • golf and park amenity
  • better yields than Emaar communities
  • family space

What to check: Community management and service charges have been the recurring issue in Damac communities rather than the structures. Check the current state of the specific sub-community and its charge history rather than the community as a whole.

Full district guide →

Questions and answers about lot NP6-107838

How much is this 4-bedroom townhouse in Park Residences townhouse?

Lot NP6-107838 is priced at AED 3 800 000, about $1 035 000. The size is 2 460 sq ft (229 m²), which works out at AED 1 545 per sq ft.

Is there a discount on this lot?

There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.

Is this expensive or cheap for Damac Hills?

The database holds 20 lots in Damac Hills, starting from AED 620 000. The area median is AED 1 581 per sq ft; this lot, at AED 1 545, is level with it. 8 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Damac Hills area guide →

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 760 000; a loan of AED 3 040 000 over 25 years at 3.75–4.99% a year comes to roughly AED 15 600–17 800 a month. A non-resident puts down from 40% (AED 1 520 000) and pays about AED 11 700–13 300 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 152 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 3 800 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP6-107838 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

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