by Damac Properties
Violet Phase 3 at Damac Hills 2Payment Plan
Damac Hills 2, Dubai, UAE
Developer
Damac Properties
Starting Price
AED 1,911,000
Unit Types
4 BR · 4 Bed + Study
Size Range
33 - 2,415 sqft
3 - 224 sqm
Handover
Q2 2027
Violet Phase 3 at Damac Hills 2 Payment Plan & Buyer Costs
Violet Phase 3 at Damac Hills 2 by Damac Properties is sold on a construction-linked payment plan, a down payment on booking, staged instalments during construction, and the balance on handover (targeted for Q2 2027). All payments are held in a RERA-regulated escrow account that protects your funds throughout the build.
Beyond the purchase price, budget for the one-time Dubai Land Department fee (4%), the Oqood off-plan registration (around AED 3,000) and standard agency fees. Dubai charges no annual property tax and no capital-gains tax, so investment returns are kept in full.
Starting Price
1,911,000AED 1,911,000
Payment Plan
On Booking
20%
Down Payment
AED 382,200
During Construction
48%
Progress-linked installments
AED 917,280
On Handover
32%
Balance on completion
AED 611,520
Accepted Methods
Units Information
Unit Types
4 BR, 4 Bed + Study
Size Range
33 - 2,415 sqft
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1,911,000AED 1,911,000
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1,911,000AED 1,911,000
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Project Details
Regulatory Permit
Buyer's Guide & Resources
Essential reading for property buyers in Dubai
How to Buy Property in Dubai
Step-by-step: from RERA agent to title deed in 30 days
Golden Visa Through Property
AED 2M threshold, eligibility and family inclusion
Off-Plan vs Ready Properties
Pros, cons and decision matrix for each type
DLD Fees Explained
The real all-in cost beyond the 4% headline
Title Deed vs Oqood
Why this difference matters for resale and visa
Buying as a Non-Resident
Power of attorney, financing and timelines explained