Damac Hills – Offplan Projects in Dubai
Damac Hills offers a one-of-a-kind living experience, perfectly combining the peaceful lifestyle with dynamic experiences. The community is inspired by water, sports, fun activities, and natural surroundings. Besides this, It is home to a variety of mansions, villas, townhouses, and apartments. The community spans over 42 million sq. ft. and welcomes residents with over 4 million sq. ft. of lush greenery.
The residences stretch around an 18-hole PGA championship golf course developed in collaboration with Donald Trump. Moreover, The freehold development is located along Al Qudra Road, Dubai Land. It divides into three main areas: Golf Club, Akoya Park, and Akoya Drive. Akoya Park covers a massive 4 million sq. ft. Meanwhile, Akoya Drive boasts amazing residential buildings, high-end restaurants, and retail venues. Akoya Drive is reminiscent of Rodeo Drive in Beverly Hills, lively and fashionable.
Nonetheless, other sub-communities in Damac Hills also prove to be popular with investors. They include Golf Panorama, Golf Vista, Loreto, The Park Villas, Veneto and Bellavista.
Lifestyle at Damac Hills
Furthermore, Damac Hills comprises 3,008 villas and townhouses, 28 apartment buildings, and 4,335 apartments, including studios and one to three-bedroom units. In this area, residents can choose between 4,317 serviced apartments, hotel rooms, and hotel apartments. Townhouses are available in three to four bedrooms, with a private garden and ample indoor and outdoor space.
One of the key advantages of living at Damac Hills is due to the exclusive top-class facilities the area offers. The gardens and lakes surrounding the residences bring you closer to nature. The clubhouse with restaurants, a pool, and a gym keeps you fit and active. In addition, the area abounds with supermarkets, pharmacies, banks, schools, and nurseries, thus resulting in a fully integrated community.
The highlight of Damac Hills is probably the Trump International Golf Club Dubai, providing golfers with an 18-hole championship golf course. In addition, the course boasts a large clubhouse with high-end restaurants, a spa, a wellness center, and a pro shop. Due to the attractiveness of the high-end, freehold off plan properties Dubai on sale here and the affordability of villas are major factors for attracting investment to the area.
Rental trends for the area indicate you can rent a studio starting at AED 20,000 a year; one bedroom and two bedr0om flat starts at AED 50,000 to AED 83,000. Three to five-bedroom townhouses and stand-alone villas spread across 26 different sub-communities. Furthermore, Rent for a three-bedroom townhouse will cost around AED 125,000, and a five-bedroom villa will rent for around AED 230,000.
The selling price for studios in Damac Hills starts at AED 450,000 and AED 680,000 for a one-bedroom flat. The asking price for a three-bedroom flat range from AED 1,500,000 to AED 2,000,000. The price range for a three-bedroom townhouse or villa is AED 1,900,000 to AED 2,300,000 for semi-detached. Five to six-bedroom villas can sell for up to AED 4,500,000.
The highest ROI in Damac Hills amounts to 6.1% for studios and one-bedroom flats. In addition, Three-bedroom townhouses or villas top the list with a 6.1% return on investment.