Distress Property, Near To Handover, OFF PLAN, Urgent Sale

Distress Sale | 4-Bedroom Corner Townhouse in Greenway 2 | Emaar South | Dubai | AED 3,050,000

Ref: GW2-ES-4BR-2755-CORNER-001

Emaar Properties

Emaar South, United Arab Emirates

Bedrooms

4

Down Payment

On Request

Handover Date

May 2028
aed 3,050,000
Request_call
Description

Distress Sale: 4-Bedroom Corner Townhouse in Greenway 2, Emaar South, Dubai | AED 3,050,000

Spacious 4BR Corner Townhouse in Greenway 2, Emaar South — 9.6% Below OP+DLD | 60% Paid | Handover May 2028

This is a compelling and time-sensitive distress opportunity to acquire a 4-bedroom corner townhouse in Greenway 2 — one of Emaar’s most sought-after low-rise residential sub-communities within the master-planned Emaar South development at Dubai South. Listed at AED 3,050,000 against an original purchase price inclusive of Dubai Land Department (DLD) fees of AED 3,376,763, this represents a genuine discount of over AED 326,000, or 9.6% below what the seller originally paid. With 60% of the payment plan already settled, the incoming buyer assumes only the remaining installments leading to handover in May 2028. The property is a coveted corner unit — offering additional privacy, a larger plot footprint of 3,000 sq ft, and superior natural light on two exposures. A No Transfer of Ownership (NTO) deal, meaning no DLD transfer fee applies at this stage. Suitable for families, end-users, and investors seeking a premium Emaar townhouse below market entry in one of Dubai’s fastest-growing master communities.

Property Highlights

  • Project: Greenway 2
  • Developer: Emaar Properties
  • Community: Emaar South, Dubai South, Dubai, United Arab Emirates
  • Property Type: 4-Bedroom Townhouse
  • Built-Up Area (BUA): 2,755 sq ft
  • Plot Area: 3,000 sq ft
  • Unit Type: Corner Unit
  • Original Price + DLD: AED 3,376,763
  • Distress Selling Price: AED 3,050,000
  • Buyer Saving: AED 326,763 (9.6% below OP+DLD)
  • Payment Progress: 60% already paid by seller
  • Remaining to Pay: Approximately 40% (breakdown available on request)
  • Handover Date: May 2028
  • Deal Type: NTO — No Transfer of Ownership (DLD transfer fee not applicable at this stage)
  • Status: Off-Plan | Distress Sale | Urgent
  • Parking: Available on request
  • Ownership Type: Freehold — open to all nationalities

About Greenway 2, Emaar South

Greenway 2 is a low-rise townhouse sub-community developed by Emaar Properties — the UAE’s most recognised and trusted master developer — within the expansive Emaar South master plan located at Dubai South, adjacent to Al Maktoum International Airport (DWC) and the Expo City Dubai district. Greenway 2 follows the success of Greenway 1, forming part of Emaar South’s green-themed residential offering characterised by wide landscaped corridors, pedestrian pathways, community parks, and a distinctly suburban family-friendly atmosphere. As an Emaar project, it benefits from the developer’s renowned construction quality, reliable delivery track record, and strong post-handover resale and rental demand. The Emaar South master community is directly adjacent to the 18-hole Emaar South Golf Course and is master-planned to include schools, retail, hospitality, and extensive recreational facilities.

Community & Lifestyle

  • Emaar South is a fully master-planned residential community spanning approximately 6.7 million square metres at Dubai South — one of Dubai’s most strategically positioned growth corridors.
  • Directly adjacent to Al Maktoum International Airport (DWC), planned to become one of the world’s largest airports, providing long-term infrastructure-driven capital appreciation.
  • Walking proximity to the Emaar South Golf Course — an 18-hole championship course integrated into the master plan.
  • A family-oriented community characterised by wide green boulevards, community parks, jogging and cycling tracks, and low-density townhouse neighbourhoods.
  • Future retail, F&B, hospitality, and school provisions planned within the master community, enhancing long-term liveability and tenant appeal.
  • Proximity to Expo City Dubai, a globally recognised mixed-use innovation district and significant employment hub driving residential demand in the area.
  • Ideal for families, young professionals, and long-term investors seeking spacious, affordable Dubai townhouse living with strong growth fundamentals.

Amenities

  • Community swimming pools
  • Fully equipped gymnasium
  • Landscaped parks, open lawns, and green corridors
  • Children’s play areas and dedicated family zones
  • Jogging and cycling tracks
  • Emaar South Golf Course (18-hole championship course) adjacent to the community
  • Retail and convenience outlets within the master community
  • Multi-purpose community spaces
  • Covered parking per unit
  • 24-hour community security
  • Mosque within the master community
  • Planned schools and educational facilities

Layout & Floor Plan

This 4-bedroom corner townhouse offers a generous built-up area of 2,755 sq ft on a plot of 3,000 sq ft. Corner units within Greenway 2 are particularly prized for their additional outdoor space, dual-aspect natural light, enhanced privacy from neighbouring units, and typically superior garden and outdoor terrace configurations compared to mid-row units. The layout is expected to include a ground-floor living and dining area, an open or semi-open kitchen, a guest bathroom, and a maid’s room or storage on the lower level, with four bedrooms — including a master suite — across the upper floors. A private garden and dedicated covered parking are standard. A detailed floor plan for this specific 4-bedroom corner unit in Greenway 2, Emaar South — including room dimensions, balcony and terrace areas, and precise unit location within the row — is available on request. Please contact us for the full floor plate and stack plan.

Payment & Handover

This is a No Transfer of Ownership (NTO) distress deal — meaning the buyer assumes the seller’s existing position in the Emaar payment plan, with no Dubai Land Department transfer fee payable at this stage. The seller has already paid 60% of the total purchase price, reducing the buyer’s immediate financial exposure to the remaining approximately 40% of the plan. Handover from Emaar is scheduled for May 2028. The original purchase price inclusive of DLD fees was AED 3,376,763; the seller is now accepting AED 3,050,000 — a discount of AED 326,763 representing 9.6% below the original cost basis. Buyers should be aware that NTO transactions involve Emaar’s formal consent and sub-sale process. A full breakdown of the remaining payment schedule, NTO process requirements, applicable Emaar administrative fees, and a complete cost sheet are available on request. Legal and financial advice is recommended before proceeding with any NTO transaction.

Location & Connectivity

  • Al Maktoum International Airport (DWC): Approximately 10–15 minutes by car — directly adjacent to Emaar South
  • Expo City Dubai: Approximately 10 minutes by car
  • Dubai Marina / JBR: Approximately 30–35 minutes by car
  • Downtown Dubai / Burj Khalifa: Approximately 35–40 minutes by car
  • Dubai International Airport (DXB): Approximately 40–45 minutes by car
  • Abu Dhabi (city centre): Approximately 60–70 minutes by car
  • Ibn Battuta Mall: Approximately 20–25 minutes by car
  • Key Roads: Direct access to Sheikh Mohammed Bin Zayed Road (E311) and Emirates Road (E611), connecting to the full Dubai highway network

Why Invest in Greenway 2, Emaar South

  • 9.6% Below Cost Basis: The buyer acquires at AED 326,763 below what the seller originally paid inclusive of DLD, providing immediate embedded equity and a real discount vs. new launches in the area.
  • 60% Already Paid — Lower Exposure: With 60% settled, the buyer only assumes approximately 40% of remaining installments, significantly reducing financial risk relative to buying from launch.
  • NTO — No DLD Transfer Fee: As a No Transfer of Ownership deal, the 4% DLD fee is not applicable at this stage, further reducing total acquisition cost for the buyer.
  • Corner Unit Premium: Corner townhouses command rental and resale premiums over mid-row equivalents due to their larger plot, enhanced privacy, and superior light — maximising long-term value.
  • Emaar Brand & Delivery Track Record: Emaar is the UAE’s most trusted master developer, with a consistent record of on-time delivery and post-handover value retention.
  • Al Maktoum Airport Growth Driver: The expansion of Al Maktoum International Airport into one of the world’s largest aviation hubs is expected to be a sustained, multi-decade driver of property demand and capital values in Emaar South.
  • Expo City Dubai Proximity: The transformation of the Expo 2020 site into a permanent mixed-use innovation district is creating a significant and growing employment and lifestyle hub directly adjacent to Emaar South.
  • Family-Sized Townhouse Scarcity: 4-bedroom corner townhouses with large plots in quality Emaar communities represent a scarce and high-demand asset class in Dubai’s residential market.

Frequently Asked Questions (FAQs)

What is the asking price for this 4-bedroom corner townhouse in Greenway 2?

The distress selling price is AED 3,050,000. The seller’s original purchase price inclusive of Dubai Land Department (DLD) fees was AED 3,376,763 — meaning the buyer acquires at AED 326,763 below the seller’s total cost, representing a genuine discount of 9.6% below OP+DLD. This is one of the most competitively priced 4-bedroom corner townhouses currently available in Emaar South.

When is the handover date for Greenway 2?

Handover from Emaar Properties is scheduled for May 2028. Please contact us for the latest confirmed construction update directly from Emaar, as project timelines are subject to developer confirmation and may be updated periodically.

Who is the developer of Greenway 2?

Greenway 2 is developed by Emaar Properties — the UAE’s most recognised and largest listed developer, with a decades-long track record of delivering master-planned communities, iconic towers, and residential developments across Dubai and internationally. Emaar’s brand pedigree consistently underpins strong resale and rental demand across its projects.

What is the built-up area and plot size of this townhouse?

The built-up area (BUA) is 2,755 sq ft and the plot area is 3,000 sq ft. This is a corner unit, which typically benefits from additional outdoor space, enhanced privacy, and natural light from two exposures compared to mid-row units. A detailed floor plan including room-by-room dimensions, garden area, terrace sizes, and covered parking allocation is available on request.

What does NTO mean, and how does it affect the purchase process?

NTO stands for No Transfer of Ownership. In an NTO deal, the buyer assumes the seller’s existing position in the developer’s payment plan without a formal property title transfer via the Dubai Land Department at this stage. This means the standard 4% DLD transfer fee is not payable immediately, reducing total acquisition costs. However, NTO transactions require Emaar’s formal consent and follow a specific sub-sale process. Emaar administrative fees and legal requirements apply. We strongly recommend seeking independent legal and financial advice before proceeding, and a full NTO process guide is available on request.

How much of the payment plan has already been paid?

The seller has already paid 60% of the total purchase price. The incoming buyer therefore assumes only the remaining approximately 40% of the Emaar payment schedule leading to handover in May 2028. A full breakdown of the remaining installments, their amounts, and due dates is available on request from our team.

Can non-UAE nationals purchase this townhouse?

Yes. Greenway 2 in Emaar South is a freehold development fully open to all nationalities. Non-UAE nationals can purchase, own, sell, lease, and inherit the property under Dubai’s freehold real estate laws, with no residency requirement to complete the transaction. Dubai South is a designated freehold zone for international buyers.

What amenities are available in Greenway 2 and Emaar South?

Greenway 2 and the wider Emaar South master community offer community swimming pools, a fully equipped gymnasium, landscaped parks and green corridors, children’s play areas, jogging and cycling tracks, the 18-hole Emaar South Golf Course, retail and convenience outlets, community gathering spaces, covered parking per unit, 24-hour security, a mosque, and planned schools and educational facilities. Full amenity specifications for Greenway 2 are available on request.

Why is Emaar South considered a strong investment location?

Emaar South benefits from its direct adjacency to Al Maktoum International Airport — planned to become one of the world’s largest airports — and Expo City Dubai, a growing permanent innovation and business district. Together, these catalysts represent multi-decade drivers of employment, population growth, and infrastructure investment in the area. Combined with Emaar’s master-planned community quality, family-friendly low-density character, and competitive entry pricing versus other Dubai communities, Emaar South offers compelling long-term capital appreciation fundamentals and growing rental demand from families and professionals working in Dubai South and the surrounding corridor.

How can I get the floor plan, full cost breakdown, or arrange a viewing?

A detailed floor plan, unit stack position, remaining payment schedule, full NTO process guide, Emaar cost sheet, and brochure for this 4-bedroom corner townhouse in Greenway 2, Emaar South are all available on request. Please contact us via the enquiry form or WhatsApp to receive the complete property pack. Given the urgency of this distress situation, early enquiry is strongly recommended before this opportunity is taken.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

24-hour Security
24-hour Security
24x7 Security
24x7 Security
4 Bedrooms
4 Bedrooms
Barbeque
Barbeque
Children Play Area
Children Play Area
Community View
Community View
Corner Unit
Corner Unit
Covered Parking
Covered Parking
Cycling Track
Cycling Track
Golf Course Community
Golf Course Community
Gym
Gym
Jogging Track
Jogging Track
kids play area
kids play area
Landscaped Parks
Landscaped Parks
Maid room
Maid room
Outdoor cinema
Outdoor cinema
Parking Area
Parking Area
private Garden
private Garden
RESTAURANTS
RESTAURANTS
RETAIL OUTLETS
RETAIL OUTLETS
Shared Gym
Shared Gym
Shared Pool
Shared Pool
Swimming Pool
Swimming Pool

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