New homes in Greenway 2 start at AED 2,700,000; keys are due May 2028; you pay 10% to book, 80% while it is built and 10% at the keys.
In the 24 months to Oct 19, 2026, Dubai Land Department recorded 34 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in Greenway 2. Their median price is AED 1,633 per sq ft (about AED 3,995,000 at 2,446 sq ft). This project's from price is AED 1,104 per sq ft (AED 2,700,000 for its smallest home, 2,446 sq ft), 32% less.
Keys
May 2028
The developer's handover date
Payment plan
10 / 80 / 10
10% to book, 80% while it is built, 10% at the keys
Bedrooms
3 to 4 beds
Sizes
2,446 to 2,753 sq ft
Ownership
Freehold
Property types
Townhouse
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,104 per sq ft
Similar off-plan homes: AED 1,633 per sq ft
RERA project
3121
Check it in Dubai REST, the Dubai Land Department's official app.
Built
2%
Being built. DLD register, Jun 12, 2026
Completion on the register
May 2028
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك ابوظبى التجارى
The bank that holds your payments
Paying for it
You pay 10% when you book, 80% as the building goes up, and 10% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 270,000
Feb 2027
While it is built
16%
AED 432,000
May 2027
While it is built
16%
AED 432,000
Aug 2027
While it is built
16%
AED 432,000
Nov 2027
While it is built
16%
AED 432,000
Feb 2028
While it is built
16%
AED 432,000
May 2028
Keys
10%
AED 270,000
Booking payment, 10%
AED 270,000
Dubai Land Department fee (Oqood), 4%
AED 108,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 378,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 11 finished projects by this developer since 2019. 11 of the 11 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.
Buildings in this area paid a median of AED 14 per sq ft a year in 2023, from 9 buildings on the Dubai Land Department register. For the smallest home (2,446 sq ft) that is about AED 34,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 34 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in Greenway 2, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Greenway 2 sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 34 off-plan sales of 3-bed villas of 1,397 sq ft to 4,713 sq ft in Greenway 2, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,633 per sq ft
AED 1,477 to AED 1,558 per sq ft
8 sales
AED 1,558 to AED 1,639 per sq ft
11 sales
AED 1,639 to AED 1,720 per sq ft
1 sale
AED 1,720 to AED 1,801 per sq ft
3 sales
AED 1,801 to AED 1,882 per sq ft
0 sales
AED 1,882 to AED 1,962 per sq ft
1 sale
AED 1,962 to AED 2,043 per sq ft
0 sales
AED 2,043 to AED 2,124 per sq ft
10 sales
AED 1,477 per sq ftAED 2,124 per sq ft
This project AED 1,104 per sq ft, below every sale
Half of the sales sold for AED 1,561 to AED 2,100 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,477 to AED 1,558 per sq ft
8
AED 1,558 to AED 1,639 per sq ft
11
AED 1,639 to AED 1,720 per sq ft
1
AED 1,720 to AED 1,801 per sq ft
3
AED 1,801 to AED 1,882 per sq ft
0
AED 1,882 to AED 1,962 per sq ft
1
AED 1,962 to AED 2,043 per sq ft
0
AED 2,043 to AED 2,124 per sq ft
10
The 3 closest sales
Picked from the 34 similar sales above, closest in size to this project's smallest home.
Nov 2024AED 2,944,888AED 1,531 per sq ftGreenway 2, 1,924 sq ft
Sep 2025AED 2,828,000AED 1,477 per sq ftGreenway 2, 1,914 sq ft
Aug 2025AED 2,875,000AED 1,508 per sq ftGreenway 2, 1,906 sq ft
Sale prices from Dubai Land Department, Oct 20, 2024 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai South in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
3-bed villaFrom AED 2,700,000 here
Off-plan medianAED 3,519,000AED 1,621 per sq ft
Sales152
32% below 34 similar sales
4-bed villa
Off-plan medianAED 4,550,000AED 1,293 per sq ft
Sales361
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
4.3%
Typical for similar ready homes
4.8%
Median rent of 3-bed villas in Dubai South
AED 115,000 a year
Rent contracts counted
822
Rented between
Apr 1, 2025 and Mar 31, 2026
3-bed villa
AED 115,000 a year
4-bed villa
AED 175,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 115,000 ÷ AED 2,700,000 = 4.3%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Shifa International Hospitals DWC4 km, 8 min driveHospital
Greenway 2 is an Emaar Properties project of 3- and 4-bedroom townhouses in Dubai South from AED 2,700,000, with a listed handover of May 2028. The price check puts its from price per square foot 32% below 34 similar three-bedroom sales in this project (24 months to October 2026).
You pay 10% on booking, 80% during construction and 10% at handover, so 90% of the price is paid before handover. At the from price that is AED 270,000 to book, AED 2,160,000 during the build and AED 270,000 at handover. The listed handover is May 2028, about a year and a half away. Separately, the 4% DLD fee comes to AED 108,000; ask when it is due. The listing gives no dates for the construction payments, so ask for the schedule in writing.
On price, the Dubai Land Department lists 34 three-bedroom off-plan sales in Greenway 2 in the 24 months to October 2026. The from price per square foot is 32% below their median. Ask for the size and price per square foot of your exact unit.
The homes are freehold townhouses with three or four bedrooms, from 2,446 to 2,753 sq ft. No floor plans come with the listing, so ask for the layout of your unit. The shared facilities listed include a spa, a gym, a shared pool, a children's pool and a barbecue area, and the listing mentions equipped kitchens. The listing gives Dubai South as the area but also places the project in Emaar South, so confirm the exact community on the sale agreement.
Al Maktoum Airport clinic is about 1.2 km away, around 2 minutes by car by our estimate. Expo 2020 Metro Station is about 8.4 km away, around 21 minutes by car. Greenfield International School is about 11 km away and Jebel Ali Open Beach about 17.1 km.
