DAMAC · DAMAC Hills 2
Park Greens 2 Golden Visa
Residency Through a Single Qualifying Twin Villa
Phase 2 releases one villa type, and it starts above the AED 2M ≈ USD 545K Golden Visa threshold. See how the registered purchase value clears the line, what the 1 percent monthly plan means for application timing, and what off-plan buyers need before handover in Q1 2027.
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Eligibility Snapshot
Park Greens 2 Golden Visa Facts
Park Greens 2 is a 274-villa freehold phase by DAMAC inside DAMAC Hills 2, registered with the Dubai Land Department under project number 3002 on 13 May 2024, with construction under way since 1 June 2024 across a 65,610.83 sq m plot and recorded at 30.81% progress at the RERA inspection of 19 June 2026. The detail that matters for residency planning: the phase is a single product line, the TW-23 five bedroom twin villa, priced from AED 2.90M ≈ USD 790K, so one villa clears the AED 2M ≈ USD 545K minimum property investment applied under the UAE Golden Visa program, subject to the regulations in force when you apply. That position is worth noting inside DAMAC Hills 2, where much of the townhouse stock sits under the threshold and a buyer there would need two registered properties to reach it. Handover is expected in Q1 2027, when Oqood registration converts to a title deed.
AED 2M ≈ USD 545K
AED 2.9M ≈ USD 790K
5 Bedroom Twin Villa, Type TW-23
Freehold, open to all nationalities
Oqood now, Title Deed at Q1 2027 handover
DAMAC
Data as of August 2026, based on Dubai Land Department project registration records, the RERA inspection report dated 19 June 2026, and current DAMAC releases. Figures are updated quarterly.
Unit by Unit
Which Park Greens 2 Villas Meet the AED 2M Threshold
Phases with several typologies force buyers to weigh the home the family wants against the unit that reaches the residency minimum, and in a community priced mostly below the line that trade-off is usually severe. Park Greens 2 removes it: the phase sells one villa type, and its entry price sits roughly AED 900K ≈ USD 245K above the qualifying threshold, so plot position rather than eligibility becomes the decision that is actually left to make.
| Unit Type | Built-Up Area | Starting Price | Qualifies Alone |
|---|---|---|---|
| 5 Bedroom Twin Villa, Type TW-23 | 3,542 sq ft (329 sq m) | AED 2.90M ≈ USD 790K | Yes |
| The single TW-23 typology qualifies individually at current pricing. No combining of properties is needed. | |||
Why this matters: eligibility is assessed on the registered purchase value, so a villa bought at AED 2.90M ≈ USD 790K sits above the threshold from the moment the contract is registered, long before handover. A secondary market villa repriced below AED 2M ≈ USD 545K would not qualify on its own, so confirm the contract value on your specific unit before applying.
Payment Plan and Timing
When Off-Plan Buyers at Park Greens 2 Can Apply
Phase 2 sells on DAMAC's 1 percent monthly structure: 20% as an immediate deposit on booking, with the 4% DLD fee paid in addition, then 50% across thirty-four installments counted in months from your own sale date, mostly 1% each with 5% falling due in months 6, 12 and 18 and small tranches tied to the 70%, 80% and 90% construction marks, and 30% at completion. Off-plan applications are typically supported by Oqood registration, which DAMAC completes after booking, together with proof that the purchase meets the qualifying value and any payment conditions applied by the Dubai Land Department and residency authorities at the time you apply.
My read on the timing: because the installment clock starts at each buyer's sale date rather than at the phase launch, anyone entering now sits far closer to the completion payment than to the beginning of the monthly run, which pulls the two realistic application windows unusually close together. Buyers relocating families or opening UAE bank accounts generally want residency early and can apply on the strength of the Oqood-registered contract once the applicable paid-value conditions are met. Investors with no urgency often prefer the simplest possible file and wait for Q1 2027, when the title deed is issued and the application rests on completed, registered ownership. By that point 70% of the price has been paid, AED 2.03M ≈ USD 553K on the entry villa, although eligibility itself is assessed on the registered purchase value rather than the amount paid to date. Because requirements for off-plan applications are updated from time to time, confirm the current paid-value condition before submitting.
VIP processing, zero service fee: for buyers who purchase through me, the full application service, document preparation, submission, and status follow-up, is included free. You pay only the official government fees published by the issuing authorities.
The Project
A Five Bedroom Villa Built to Outlast a Ten Year Residency
A residency visa runs ten years, and the villa that earns it should still make sense at the end of them. The full Park Greens 2 guide sets out what your qualifying purchase actually buys: the TW-23 layout, current pricing, the parkland frontage, and the community around it.
Park Greens 2 by DAMAC at DAMAC Hills 2: Pool Twin Villas
Park Greens 2 by DAMAC at DAMAC Hills 2 is the second twin villa phase, 274 homes with private pools.
View the Park Greens 2 Project GuideGolden Visa Guides
Requirements, Process, and Benefits in Full
The rules of the Golden Visa program are the same for every Dubai property, so they live in the dedicated guides below rather than being repeated here.
Golden Visa Requirements: AED 2M in Real Estate Registered in Your Name
Golden Visa requirements for property investors: real estate worth at least AED 2M, ownership proof, mortgages, off-plan rules and documents.
Read the requirements guideApplying for the Golden Visa in Seven Steps, From Purchase to Approval
For a property investor, the seven steps run from the purchase to the visa, usually within weeks of ownership being confirmed.
Read the application guideGolden Visa Benefits: Residency, Family Sponsorship and Long Periods Abroad
Golden Visa benefits: residency without an employer, long periods abroad without losing status and the right to sponsor your family.
Read the benefits guideInsights
Project Insights for Park Greens 2 Golden Visa Buyers
A Golden Visa purchase at Park Greens 2 rests on more than the AED 2M ≈ USD 545K threshold. Buyers should follow verified construction progress toward the title deed and confirm that every installment lands in the registered project trust account. Explore the resources below before you commit.
Park Greens 2 Golden Visa Guide
This page: how the TW-23 twin villa clears the AED 2M ≈ USD 545K threshold and when off-plan buyers can apply.
Park Greens 2 by DAMAC at DAMAC Hills 2: Twin Villa Tracker
Park Greens 2 by DAMAC at DAMAC Hills 2 counts 274 twin villas, logged at 30.81% in June 2026.
View Park Greens 2 Construction Updates
Park Greens 2 by DAMAC at DAMAC Hills 2: The Escrow File
Park Greens 2 by DAMAC at DAMAC Hills 2 escrows 274 units at Abu Dhabi Commercial Bank, 30.81% certified June 2026.
Verify the Park Greens 2 Escrow AccountStructure
Explore the DAMAC Hills 2 Community Structure
A qualifying villa keeps its value through the community around it. Compare Park Greens 2 against the other clusters in DAMAC Hills 2, read how the three districts are laid out, and review DAMAC's delivery record before finalizing your Golden Visa purchase.
DAMAC Hills 2 Properties for Sale
Browse villas, townhouses and apartments across every cluster in the community, compare price bands, and see which clear the Golden Visa threshold.
See DAMAC Hills 2 Properties for Sale
DAMAC Hills 2 Community
Discover the masterplan behind Park Greens 2: Water Town, Sports Town and Down Town, the 5.1 million sq ft parkland, and the family amenities.
Explore the DAMAC Hills 2 Community Guide
DAMAC Properties: Lagoon Communities, Golf Villas and Branded Collaborations
Founded in 2002, DAMAC has delivered 48,000 homes and is known for large-scale master communities, luxury residential projects and branded collaborations.
View the DAMAC Developer ProfileFAQs
Park Greens 2 Golden Visa Frequently Asked Questions
Yes. Phase 2 is a single typology, the TW-23 five bedroom twin villa, priced from AED 2.90M ≈ USD 790K, which sits above the AED 2M ≈ USD 545K property investment minimum, so one registered purchase qualifies without combining properties. A resale villa repriced below AED 2M ≈ USD 545K would not qualify alone, so the value recorded on your own contract decides it. Full criteria are covered in the Golden Visa requirements guide.
Off-plan applications are typically supported by Oqood registration and proof that the purchase meets the qualifying value and any paid-value conditions applied at the time of application. Buyers who prefer a simpler file can wait for the title deed issued at the Q1 2027 handover. The sequence is set out step by step in the off-plan Golden Visa guide.
The structure is 20 percent as an immediate deposit on booking, with the 4 percent DLD fee paid in addition, then 50 percent during construction across monthly installments counted from each buyer's own sale date, and 30 percent at completion. Because that monthly run starts at the sale date rather than at the phase launch, two owners in the same street can hold very different paid balances, and it is the paid balance that governs when the commonly applied off-plan conditions are satisfied.
Eligibility is assessed on the registered purchase value recorded at the Dubai Land Department, which at Park Greens 2 starts at AED 2.90M ≈ USD 790K under current pricing. Off-plan files commonly carry a separate condition on how much of that value has already been paid, and those conditions are updated from time to time. The registered value therefore settles whether a villa qualifies, while the paid balance influences when an application becomes possible.
Not necessarily. Much of the townhouse stock across DAMAC Hills 2 is priced below the AED 2M ≈ USD 545K threshold, and a single sub-threshold property does not qualify on its own, which pushes buyers there toward combining two registered properties to reach the minimum. Park Greens 2 is one of the clusters inside the community where the entry unit clears the line by itself at current pricing.
Yes. Park Greens 2 is freehold and open to all nationalities, with full ownership registered at the Dubai Land Department, which is a requirement for property-based Golden Visa eligibility. Buyer installments are held in a DLD-registered escrow account with Abu Dhabi Commercial Bank, detailed on the Park Greens 2 escrow account page.
No. For buyers who purchase through this advisory, the VIP application service, covering document preparation, submission, and status follow-up, is included at no charge. Only the official government fees apply, as published by the issuing authorities at the time of application.
No. The purchase makes you eligible to apply, but approval depends on satisfying all requirements in force at the time of application, including ownership verification and standard background checks. Verified construction status can be checked at any time on the Park Greens 2 construction updates page.
Your Advisor
Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is making sure the property you buy actually qualifies before you commit, with the VIP visa application service included free for my buyers. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.
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