| Community | Average price (AED) |
|---|---|
| Park Residence 1 | 3,657,024 |
| Park Residences 4 | 3,511,100 |
The data displayed is based on Property Finder’s last 12 months’ listing data.
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Park Residences is one of the most sought-after addresses within Damac Hills, a master-planned community in Dubailand. It draws buyers with its emphasis on greenery, open space, and a quieter pace of living rarely found at this price point in Dubai. Damac Hills park villas here sit directly adjacent to parklands, giving residents instant access to outdoor areas without leaving the community.
The property mix includes three, four, and five-bedroom townhouses as well as larger villas. Most units are freehold, making them available to both UAE nationals and foreign buyers. The combination of family-friendly design, strong capital appreciation, and competitive pricing has made this one of the more active submarkets within Damac Hills.
Luxury villas in Park Residences for sale are priced competitively relative to comparable communities in Dubai. The overall average stands at 3,480,812 AED, or roughly 1,762 AED per square foot, well below the national average of around 4,610,000 AED.
The market has been performing strongly, with overall property values rising 14.26% year on year and four-bedroom homes recording 17.15% growth over the same period. Rental yields average 6.06% across the community, giving buyers a reliable income option if they choose to lease the property in future.
Prices by bedroom type:
Plot size is one of the strongest price drivers here. A standard four-bedroom home on 2,462 sq ft is typically listed at around 4,500,000 AED, while a corner plot of 4,918 sq ft with the same bedroom count can reach 5,850,000 AED. A Park Residences 3 bedroom villa for sale offers the most accessible entry point into the community, starting at 2,850,000 AED.
Many properties back directly onto the parklands, meaning residents step outside into open green space. This is a genuine differentiator for families with children or pets who want daily outdoor access without a commute.
Single-row layouts and corner plots reduce exposure to road noise and neighbouring properties. This level of privacy is difficult to find in higher-density Dubai communities at a comparable price.
Year-on-year price growth exceeding 14% and rental yields above 6% make these properties attractive beyond just primary residence use. Buyers who purchase now benefit from a market that has shown consistent upward momentum.
The wider Damac Hills community includes the Malibu Bay wave pool, community pools, a shared gym, and extensive parklands. Residents can access these without leaving the development.
Ideal for families who want space, outdoor access, and a secure gated environment with schools and recreational facilities nearby.
Suitable for investors seeking long-term capital gains and steady rental income in a supply-constrained, high-demand submarket.
Foreign nationals and expats looking for freehold property in a mature, well-maintained community will find this area a practical and appealing option.
Park Residences sits within Damac Hills, accessed primarily via Hessa Street and Al Qudra Road. The community connects easily to Sheikh Mohammed Bin Zayed Road, from where residents can reach Dubai Marina in around 25 to 30 minutes and Downtown Dubai in approximately 30 minutes. There is no Metro station immediately adjacent, so a car is the primary mode of transport for most residents. Rideshare services operate throughout the area.
The surrounding subdistricts include Costa Brava, Morocco, Portofino, Santorini, and Belair, all within the Damac Hills master plan. This clustering ensures that infrastructure, road maintenance, and community standards are managed consistently across the broader development.
What is the average price of a villa in Park Residences?
The overall average is 3,480,812 AED. Four-bedroom homes average 3,725,690 AED, while a Park Residences 3 bedroom villa for sale typically starts from 2,950,000 AED.
Can foreigners buy property in Park Residences?
Yes. Properties in Damac Hills are freehold, meaning both UAE nationals and foreign nationals can purchase and own them outright.
Is buying a villa here a good investment?
Market data supports a positive outlook. Damac Hills park villas have recorded 14.26% year-on-year price growth overall, with rental yields of around 6.06%.
What is the average price per square foot in Park Residences?
The average is approximately 1,762 AED per square foot, though this varies based on plot size, unit type, and interior upgrades.
What are the sub-areas within Park Residences?
The main sub-areas are Park Residence 1 and Park Residences 4. Park Residence 1 is closer to the Malibu Bay wave pool, while Park Residences 4 is known for larger plots and open park views.
Are there off-plan opportunities available in Park Residences?
Park Residences is a mature, largely completed community, so most available units are resale. Buyers looking for off-plan options may find them in adjacent Damac Hills subcommunities.