Is DAMAC Hills A Good Investment?

Is DAMAC Hills A Good Investment?

DAMAC Hills one of the luxurious communities with a wide range of residences, social & physical infrastructures, better location and more make it an ideal community for the buyers to buy any type of property- Villas, apartments and townhouses.

Before we talk deeply about the famous community “DAMAC Hills” would like to ask you- Do you know how many communities are in Dubai?

It is okay if you are not familiar with it, so Dubai is divided into 9 sectors and these are further divided into 226 communities. And surely each of them is essential in its own way completing Dubai as a city. So out of 226 communities DAMAC Hills also known as Akoya by DAMAC is one of the known areas offering affordable property options, basic start with AED 484,000 (for Studio apt).

Also, its family friendly surroundings with every ancillary and benefit around ameliorate the lifestyle of every member.

PREMIUM LOCATION - DAMAC Hills

For any community, its location is one of the major concerns because it decides the worth of the community and its properties- it is situated in the heart of Dubailand, located on Al Qudra road 9D63) and Hessa Street (D61)

SOME OF THE CLOSEST STATIONS TO DAMAC HILLS:-

  • Dubai Mall Landside Metro bus stop- 9 min walk
  • World Trade Centre Metro station- 8 min walk
  • Safa, Safest Way- 18 min walk
  • Wasl, Terminus- 36 min walk

BEING A MAJOR LOCATION ENJOY SOME IMPORTANT SPOTS BELOW: -

  • The Dubai Mall - 23 min
  • Burj Khalifa - 27 min
  • Miracle Garden - 15 min
  • Palm Jumerirah - 24 min

MANY AFFORDABLE AND LUXURY OPTIONS IN DAMAC HILLS

Buyers can choose from studios to 6 bedroom options which are great enough to bring buyers with all types of budgets.

APARTMENTS FOR SALE IN DAMAC HILLS

APARTMENTS CURRENT SALES PRICE

  • Studio AED 484,000
  • 1 bed AED 724,000
  • 2 bed AED 1,231,000
  • 3 bed AED 1,756,000

And there are units that costs higher because of its gold course view or Akoya Park, so all in all, from affordable to properties more than AED 3 million are available here.

FOR VILLAS TOO YOU GET GREAT OPTIONS

VILLAS CURRENT SALES PRICE

  • 2 bed AED 1,671,000
  • 3 bed AED 1,811,000
  • 4 bed AED 2,119,000
  • 5 bed AED 4,519,000
  • 6 bed AED 4,854,000

Other than this, ready to townhouses are some great options with a maximum 5 bed option scattered over 3,400 Sq. Ft. area and it costs around AED 3.1 Million so it a good to-go option for buyers who are seeking for ready to move townhouse in Dubai.

Apart from the wide range of options available in this community, another major concern is the ROI rate, and is DAMAC Hills a good investment option?

So considering this concern in mind where the novice investor seeks surety and safety against the investment, so the maximum ROI recorded is 6.1% for a studio apartment and its average rental price in AED 33,000 and the price mentioned above, so combining all 3 factors, it is a lucrative deal for the investor.

And this adds true support to the concern that is it a good investment option or not. Furthermore, its golf community development, availability of freehold properties and being away from the city adds value to the community make it perfect for those who want to stay away from the crowd.

NOW LET US COME TO THE BEST PART - THE NUMBER OF AMENITIES INSIDE

Many amenities make it a self contained community and tts attractive layout brings a planned look to the community where 4 million sq.ft. of parkland creates diversified sports option with perfect space to relax while gazing at the beautiful landscaping.

  • KHDA rated ‘Very good Jebel Ali Secondary School
  • Trump branded- Pool, gym, restaurants and clubhouse
  • Trump International Golf club Dubai with training academy

ACTIVE OPTIONS IN DAMAC HILLS

  • Medicina Pharmacy- Kiara, Street level
  • Fire Lake Grill House- Radisson Dubai DAMAC Hills
  • Sports Bar- Trump International Golf Club, Lobby
  • The Corner Barber, Golf Veduta, Street level
  • Her Ladies Salon, Golf Terrace

Other than this, running tracks, outdoor exercise equipment, mammoth parkland, a pet zone and more gives enough options inside the community.

On the other hand, as the community is not yet completed, so for certain needs to have to take a drive-universities are 20 min away: -

  • Middlesex University Dubai
  • University of Wollongong
  • Manipal University
  • Zayed University

MALLS EASY TO DRIVE

  • Mall of Emirates
  • Village Community Mall

NEARBY SUPERMARKETS

  • Spinneys Damac Hills
  • Zoom Market
  • Carrefour Market

NUMBER OF FAMILIES LIVING IN DAMAC HILLS….

More than 8,000 people are living in this community and it is expected to grow more after the completion of the projects, and being a family friendly community it allures more families to come and live in a better community where the availability of everything helps in ameliorating the lifestyle and the upcoming buyers can get lucrative investment deals- More demand more ROI where it serves the purpose of investment.

LATEST DEVELOPMENT IN DAMAC HILLS

Grand and exclusive housing presenting 5 to 7 bedroom mansion by Gems Estate at DAMAC Hills community in the UAE where the exteriors designed by de Grisogona and the interior will be managed by Roberto Cavalli (Italian fashion house) and it is the first co-branded real estate project in the whole world that brings a new opportunity for the buyers to be a part of an exceptional property.

So a grand change to live in the most exclusive address in Dubai by DAMAC where the new signature of living is waiting for a specific gentry- Are you one? If yes, then now is the time to move!

LOOK AT THE FAQS FOR A BETTER UNDERSTANDING

Q. Is it a good idea to invest in DAMAC Hills?

Ans. Definitely, it is as shown 6.1% ROI which is commendable and other than this, its complete features and services inside the community give you a ready experience.

Q. Is DAMAC Hills a nice place to live?

Ans. It is considered a nice place because of the availability of all modern benefits and developed surroundings where buying a property makes economic sense.

Q. Is DAMAC Hills a green community?

Ans. Yes, it is a green community with massive parkland, gardens, farms and more creating breathable environment for the residents.

CONCLUSION

Considering the development in the community and the high availability of affordable properties it makes DAMAC Hills the safest and first choice community where buyers with any budget can find a dream property and as mentioned above, the ROI rate is lucrative enough to justify your investment.

So now it is your call how effectively you use the information and then take the further investment decision and very important we at Dubai Housing promise you 100% assistance & guide you with proper information so that the right decision is taken.