Looking for the most profitable housing options in Damac Hills, investors are free to choose among apartments, villas, and hotels. Although the project was launched in 2013, more than 25000 villas and apartments have been built up to now. The complex stretches for almost four million square feet. Trump International Dubai Golf Club, various sports grounds, recreational areas, abundance of lakes and greenery makes the locality comfortable and pleasant to live in. The community also features lots of dining opportunities, serving different cuisines in all the possible variations. Buying an apartments in Damac Hills gives you direct access to all the above-mentioned amenities and the opportunity to become a successful investor in the UAE.
Reasons why investors choose Damac Hills
According to Global Entrepreneurship Monitor (GEM) 2021/22 the UAE is on the top of the list of the best countries for entrepreneurs. In particular, the UAE was the best in such indicators as business financing, access to business financing, public policy: support and relevance, taxes and bureaucracy, commercial and professional infrastructure. Such an attractive position doubled with modern infrastructure makes huge cities and their communities desired places for investment. For example, property owners in Damac Hills are guaranteed a return on investment of 5.1%.
There some more facts why real estate in the locality boasts of extreme popularity:
- Absence of annual fees on real estate
- Low expenses on buying a property
- Huge return on investments
- Government support and competitive investment climate
- Investment center with a well-developed regulatory framework.
Popular real estate for purchasing
No doubt each residential complex in the community is worth great attention and living in. Still, let`s explore the inside and outside those that have become a choice of thousands.
- Golf Town is a complex of huge contemporary residential buildings situated on the perimeter of Trump International Golf Club Dubai. You can enjoy great views of the golf courses right from the spacious terrace of your home. Plus, all the public amenities are close by. Ax Capital offers ideal options of luxurious apartments starting from AED 1,226,000 up to AED 2,577,000.
- Pelham is a collection of villas and townhouses with a variety of finishes and interiors. The property of high demand in the complex are 3 and 4 bedroom villas from 208 m2 to 559 m2, or townhouses from 223 m2 to 251 m2. The initial price for the property: from AED 2,475,000.
- The Field focuses on the opportunity to buy and rent villas with 3-6 bedrooms. Purchasing a villa, you also get, luxurious atmosphere inside and outside your house, advanced facilities and other variable extras depending on the cost. In addition to the basic functions of the layout types, private territory is also provided. Additional amenities such as swimming pools and the number of rooms, the average size of a villa ranges from 250 m2 to 759 m2 increase the price as well. Real estate in the complex is available starting from AED 2,400,000 up to AED 14,000,000. Currently, the annual rental price of a 5-bedroom villa ranges from AED 142,000 to AED 300,000.
Infrastructure and facilities in Damac Hills
Damac Hills is conveniently located as it is situated in a half an hour to the famous neighborhoods with huge business centers, like Dubai Marina or Downtown Dubai. Little localities are even closer and easier to get. Choosing an apartment, you get one parking place in a special area, while more spacious property is provided with garages for at least 2 cars.
Kindergartens and schools are located nearby. They are based on the European system of education. For instance, the kindergarten CreaKids is developed according to the Norwegian educational system, the school Jebel Ali on the British one. There are no universities in the locality, but all of them are reached in a 30-minute drive.
Mediclinic Parkview Hospital, Emirates Hospital Day Surgery and Medical Center are the medical establishments to provide any assistance. The institutions are known for applying the most advanced equipment and modern technologies in treating various diseases.
The main attraction in the Damac Hills area is Trump International Golf Club, with an 18-hole golf course and nearly 75 miles of golf. For sea lovers a beach Malibu Bay was created. In 2020 it was developed with a wave pool with an area of 2,295 m2, which is almost 1.5 times larger than the area of a professional hockey rink.
The final word
Due to the economic stability, low fees, and constant improvement of the locality, real estate in Damac Hills will definitely pay off. Contact the agency Ax Capital to get professional advice and make a huge step forward in your investment career.