Park Residences 4
DAMAC Properties · 3BR, 4BR, 5BR, 6BR · Damac Hills, Dubai
Park Residences 4 is a residential project by DAMAC Properties in Damac Hills, Dubai, offering 3BR, 4BR, 5BR, 6BR layouts. Prices start from AED 2,180,000. This is an off-plan purchase with expected completion in December 2023 on a 60% during construction, 40% on handover payment plan. The indicative gross yield band for this area and unit mix is 6% – 7.5%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.
Park Residences 4 is an architectural masterpiece by Damac Properties, offering luxurious villas in a green community setting.
Key facts
- Developer
- DAMAC Properties
- Area
- Damac Hills, Dubai
- Property type
- 3BR, 4BR, 5BR, 6BR
- Starting price
- AED 2,180,000
- Payment plan
- 60% during construction, 40% on handover
- Expected completion
- December 2023
- Construction status
- Now selling
- Indicative gross yield
- 6% – 7.5%
Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who this project fits
Park Residences 4 typically fits investors balancing rental income with capital appreciation at a mid-market ticket, across 3BR, 4BR, 5BR, 6BR layouts in Damac Hills, Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 6% – 7.5%.
Risks to weigh
As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Damac Hills, Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Frequently asked questions about this project
How much does a unit at Park Residences 4 cost?
Prices at Park Residences 4 start from AED 2,180,000. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.
Where is Park Residences 4 located?
Park Residences 4 is located in Damac Hills, Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.
What is the payment plan for Park Residences 4?
The indicated payment plan is: 60% during construction, 40% on handover. We verify the full structure, including milestones and the balance due at handover.
When is Park Residences 4 expected to complete?
Expected completion is December 2023 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.
What yield can I expect at Park Residences 4?
The indicative gross band for this area and unit mix is 6% – 7.5%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who is the developer of Park Residences 4?
Park Residences 4 is developed by DAMAC Properties. We review their delivery record, build quality and value retention before recommending it.
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