Park Town by Damac Properties
Damac Hills, Dubai
Handover: December 2024
1/7
508
Off Plan
From
AED
1,624,000
Limited units available
Description
Features and Amenities
Amusement Park
Gymnasium
Kids Play Area
Restaurant & Cafe's
Retail Outlets
Supermarket
Swimming pool
Payment Plan
Select Unit
Home Price
AED
1,624,000
Initial Payment
Down Payment
AED
0
0
%
DLD Fee (in percentage)
0
%
AED
0
During Construction
Total Amount
AED
0
0
%
No. of Installments
0
Installment Amount
AED
0
Upon Handover
Amount
AED
0
0
%
Rising Off-Plan Property Prices
Off-plan properties in Dubai have experienced a significant price increase, with average prices for one-bedroom units rising by 46% year-over-year to AED 1.2 million.
Premium Features in New Developments
Developers are enhancing off-plan projects with luxury amenities such as individual pools and advanced fitness facilities to attract buyers.
Impact of interest rates
Interest rates have a significant impact on real estate affordability and market activity.
Emerging Price Discrepancies
A notable price gap is developing between off-plan and ready properties.
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