Park Greens Golden Visa

Eligibility Snapshot

Park Greens Golden Visa Facts

Park Greens is a 252-villa freehold cluster by DAMAC inside DAMAC Hills 2, registered with the Dubai Land Department under project number 2859 on 19 December 2023, with construction under way since 18 February 2024 across a 70,115.33 sq m plot and recorded at 21.69% progress at the RERA inspection of 13 May 2026. The detail that matters for residency planning: one typology carries the entire project, the 5 bedroom twin villa Type TW-23 from AED 3.23M ≈ USD 879K, which lands well above the AED 2M ≈ USD 545K minimum property investment applied under the UAE Golden Visa program, subject to the regulations in force when you apply. There is no price tier here to screen out and no second property to buy. Handover is expected in Q1 2027, when Oqood registration converts to a title deed.

Data as of August 2026, based on Dubai Land Department project registration records and current DAMAC releases. Figures are updated quarterly.

Payment Plan and Timing

When Off-Plan Buyers at Park Greens Can Apply

Park Greens sells on a 20/50/30 structure: 20% on booking plus the 4% DLD fee, 50% spread across the construction period as monthly instalments counted from your own sale date, with larger milestones at months 6, 12 and 18 and further instalments tied to 70, 80 and 90 percent completion, then the final 30% on 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: the booking instalment is AED 646K ≈ USD 176K, so nobody reaches the AED 2M ≈ USD 545K mark on day one. That mark arrives at roughly 62 percent of the purchase price, which on this schedule falls inside the construction phase, and because the monthly instalments run from each buyer sale date rather than the project launch, the exact month is different for every purchaser. With the project at 21.69% and completion set for Q1 2027, anyone buying now is working through a compressed remainder of that plan, which is why the paid position is worth mapping before the reservation rather than after it. Two windows follow. Families relocating or opening UAE bank accounts usually want residency early and apply on the Oqood-registered contract once the applicable paid-value conditions are met. Investors with no urgency often prefer the simplest possible file: wait for handover, when the title deed is issued and the application rests on completed, registered ownership. Requirements for off-plan applications are updated from time to time, so confirm the current paid-value condition before submitting.

Insights

Project Insights for Park Greens Buyers

A Golden Visa purchase at Park Greens rests on more than clearing the AED 2M threshold. Track the certified progress that carries the villa toward its title deed, and confirm where every instalment sits between your bank and the developer.

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Park Greens Golden Visa Guide

This page: how the single Park Greens typology clears the AED 2M threshold and when off-plan buyers can apply.

Park Greens at DAMAC Hills 2: Park-Front Twin Villa Progress

Park Greens at DAMAC Hills 2, DAMAC's 252 park-front twin villas, crossed into superstructure at 21.69% on 13 May 2026.

View Park Greens Construction Updates

Park Greens at DAMAC Hills 2 Escrow: DAMAC's Townhouse Payments

First Abu Dhabi Bank carries Park Greens at DAMAC Hills 2 escrow, DLD project 2859, 252 units, 21.69% certified May 2026.

Verify the Park Greens Escrow Account

FAQs

Park Greens Golden Visa Frequently Asked Questions