Apartment with 1 bedroom in a ready-made village with payment of 20%
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Property description
The total area of the Damac Hills area is 390 hectares. Residential and commercial properties for various purposes are located here. The project was launched back in 2013 and within 3 years the developer DAMAC Properties had built more than 16,000 villas. Today Damac Hills is a full-fledged residential area for living and recreation.
Damak Hills has all the necessary facilities and organizations: supermarkets, pharmacies, hospitals, banks, restaurants, swimming pools, gyms, playgrounds, schools and kindergartens. Children will especially enjoy the parks, walking and entertainment areas, as well as the 2,000 square meter skate park. The hallmark of Damac Hills is its huge golf course, which hosts the PGA Championship and has been named "The Best Golf Project in the World".
The area is located in a relatively quiet area. Convenient transport interchange allows you to move comfortably around the area and the city as a whole. There are two buses running throughout the area. In order to use the metro you will have to take a bus or order a taxi.
The most convenient way to move around the area and beyond is in your own car. By the way, there is a separate parking space for each apartment owner. The areas of Dubai Marina, Downtown Dubai or International City are located from Damac Hills within half an hour by car. The Mall of the Emirates and Dubai Marina Mall are half an hour's drive away.
The most popular preschool in the area is the CreaKids kindergarten, and there are also Blossoms Mudon and The Wonder Years nurseries nearby. Among schools, residents especially highlight Jebel Ali and South View schools. But the nearest universities are located within a 20-30 minute drive from the area. Residents can receive medical care at Mediclinic Parkview Hospital and Emirates Hospital in Dubai Motor City, where comprehensive medical care is provided.
One cannot fail to note another important attraction of the area - the man-made Malibu Bay beach. In 2020, a wave pool opened here. If we compare this pool with a professional hockey rink, then its area will be almost 1.5 times larger. Waves in the pool are created using a huge ball.
The area regularly hosts large-scale events for families. For example, theme nights, sporting events and competitions. Damac Hills has badminton, cricket, basketball and tennis courts. Moreover, there is a stable, a small zoo for children, a dog park and even several lakes where you can fish and relax.
Investors will be interested in the fact that despite the luxury factor in the area, property prices in Damac Hills are very affordable. Statistically, this area is one of the most popular places to buy villas, as Damac Hills is located in a quiet location. There is a wide choice of housing options: studios, apartments with 1-4 bedrooms, luxury villas and townhouses with 3-6 bedrooms.
The highest ROI in Damac Hills is 7%. This figure applies to studios and one-bedroom apartments. If you purchase 2- and 3-room apartments, the profitability will be 5.5% - 5.4%.