Greenwoods

Greenwoods

About Greenwoods

1,969,000 AED

Starting Price from

1,981

Area from (sq. ft.)

3-6BR

Available Units

Q4 2024

Handover

Greenwoods is a new housing project by DAMAC Properties, located on the edge of the DAMAC Hills development in Dubailand. DAMAC Hills is known for its innovative projects and top-notch amenities.

Greenwoods offers three and four bedroom townhouses. It's currently under construction and set to be completed by November 2024. Each unit includes a small backyard, spacious rooms, and a kitchen, with sizes starting from 1980 sq. ft. However, it's important to note that kitchen appliances are not included in the developer's offer.

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Greenwoods residents can enjoy access to the Trump International Golf Club Dubai, a world-class championship golf course designed by architect Gil Hanse. The area also offers important amenities like a healthcare clinic, supermarkets, a school, a large community park, a skate park, a swimming pool, playgrounds, tennis courts, and football fields. These amenities ensure residents have a comfortable and enjoyable lifestyle.

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Property Prices in Greenwoods

Greenwoods at DAMAC Hills offers townhouses with three or four bedrooms, spread across three floors: ground, first, and roof. The layout varies based on the unit size; for instance, a four-bedroom townhouse includes a ground-floor bedroom and a maid's room on the roof floor.

Prices for three-bedroom townhouses at Greenwoods start at AED 1,678,000 (approximately USD 457,000).

The price is valid for 2021

Payment Plan

20%

1st Installment (Booking Date)

8.75%

2nd to 8th Installment (After Every 3 months)

1%

On 70% of Project Completion

1%

On 80% of Project Completion

1%

On 90% of Project Completion

10%

On Completion

Location Advantages of Greenwoods

Greenwoods, being part of DAMAC Hills, offers access to all amenities within the master community. Its location near Al Qudra Road provides easy access to popular destinations in Dubai.

By car, it takes about 20 minutes to reach Mall of the Emirates, Palm Jumeirah, and Burj Al Arab, while Ibn Battuta Mall is a 25-minute drive away. The Dubai Mall, The Walk at JBR, and La Mer by Meraas are all reachable within a 30-minute drive from Greenwoods.

The community is also conveniently located near two major airports. Al Maktoum International Airport is a 30-minute drive, while Dubai International Airport is about 40 minutes away.

While there are no beaches nearby, Al Sufouh Beach, Jumeirah Public Beach, and Kite Beach are all within a 25-minute drive. These beaches offer various amenities, including food trucks and entertainment options, creating a vibrant and welcoming atmosphere.

Economic Appeal of Greenwoods

Greenwoods in DAMAC Hills has great potential to attract tourists because of its location and amenities. It's close to many of Dubai's famous landmarks, and the nearby Al Qudra Road makes it easy to travel around the city. The Trump International Golf Club is also nearby and will attract golf lovers for events and practice.

Greenwoods is still being built, so there isn't any data on rental trends or returns on investment yet. However, the rest of DAMAC Hills has shown steady trends. Currently, three-bedroom units have a 5.4% ROI, while four-bedroom houses offer a 5% return. These numbers might change once Greenwoods is completed, but for now, they provide a good estimate. Investors looking for high-demand real estate should consider Greenwoods.