Deal Corner › Violet 3
Violet 3, 10.5% below OP
A brand new 4 bed townhouse in DAMAC Hills 2, offered AED 206,000 under DAMAC's original price, with over half already paid and handover due in June 2027.
The numbers
| Original price from DAMAC | |
| Asking price | AED 1,750,000 |
| Saving against the original price | AED 206,000 (10.5%) |
| Already paid to DAMAC | AED 1,000,000 |
| Balance remaining to DAMAC | AED 956,000 |
| Paid to the seller on transfer | AED 794,000 |
| DLD fee, 4% (estimate) | AED 70,000 |
| Cash needed now, before transfer fees | AED 864,000 |
The DLD fee basis and the developer's transfer charges are confirmed before signing. Agency fees not included.
Why it's a good deal
Priced under what DAMAC charged
Off-plan resales in DAMAC Hills 2 usually ask for the original price or more. This one is AED 206,000 (10.5%) below it.
Cheaper per square foot than other Violet 3 listings
At about AED 609 per sq ft it undercuts recent Violet 3 4 bed listings, which asked AED 755 and AED 826 per sq ft.
Well under the area's average 4 bed resale
Ready 4 bed townhouses and villas in DAMAC Hills 2 resold at an average of AED 2,159,362 in Q1 2026, up 5.7% year on year.
A strong rental yield on handover
4 bed homes in DAMAC Hills 2 rented for an average of AED 115,057 a year in Q1 2026: a gross yield of about 6.6% on the asking price.
Over half paid, close to the keys
51% of the original price is already with DAMAC and handover is due in June 2027.
Sources
- Metropolitan: DAMAC Hills 2 Townhouses & Villas resale report (Q1 2026 figures)
- Dubizzle: Violet 3 4 bed listed at original price, Feb 2026
- Dubizzle: Violet 3 4 bed listed below original price, Apr 2026
Area figures are averages for DAMAC Hills 2 (Q1 2026); comparable listings are asking prices, not completed sales. Images may be indicative. Not financial advice.
