Properties for Sale in Damac Hills

DAMAC Hills area is a sub-district in Dubailand. It was formerly known as Akoya. According to Bayut’s Dubai Sales Report it is considered one of the most prominent development projects to feature luxury villas for sale/rent.  

Overview

DAMAC Hills is situated on the Al Qudra Road (D63) and its size is 42 million sq. ft. With a spanning collection of villas, townhouses, and apartment residential complexes, the area is also a home to a wide range of dining spots, retail outlets, and wellness facilities. 

DAMAC Hills is a free-hold economic zone with exclusive high-end gated communities. Among the main landmarks of the district are DAMAC Mall and Trump International Golf Course.

The neighborhood consists of 3 separate parts Akoya Drive, Akoya Park (4 million sq. ft.), and The Trump International Golf Park. Akoya Park houses villas, waterways, bicycle tracks, and jogging lanes. 

Akoya Drive is still in development but it is forecasted that this area will include a number of leisure facilities, dining places, retails outlets, etc. It should resemble Rodeo Drive in Beverly Hills and Champs Elysees in Paris. The development plans will include a cinema, an ice rink, and a variety of hotels. 

Trump International Golf Сlub with an 18-hole golf course is situated in the heart of DAMAC Hills district. Being the most prominent landmark in the area, it is home to a Trump Сlubhouse, pools, gyms, restaurants, and other recreational leisure spots. 

Prices (AED)

Rent - Apartments

• Studio - 38,000
• 1-Bed - 62,000
• 2-Bed - 133,000
• 3-Bed - 190,000

Rent - Villas

• 3-Bed - 227,000
• 4-Bed - 353,000
• 5-Bed - 410,000
• 6-Bed - 718,000

Buy - Apartments

• Studio - 547,000
• 1-Bed - 868,000
• 3-Bed - 1,590,000
• 4-Bed - 2,387,000

Buy - Villas

• 3-Bed - 2,787,000
• 4-Bed - 3,332,000
• 5-Bed - 5,974,000
• 6-Bed - 17,886,000

Off-Plan Properties for Sale in DAMAC Hills

Potential homeowners in search to buy property for sale in DAMAC Hills can hope to get roughly 7-9% annual ROI. This number may differ, depending on the size and type of real estate. For example, renting out a 4-bedroom apartment will bring about 8,71% ROI per year. Renting out a 6-bedroom villa will get investors on average 6,53%.

The area is still under construction which makes it an attractive investment option for those who’d like to purchase property for sale in DAMAC hills Dubai with a goal to resell it later with considerable profit margins. 

Let's take a look at some of the most popular projects in DAMAC Hills. Here is a list of the most interesting residential complexes:

• Carson - The Drive
• The Park Villas
• Artesia
• Golf Town
• Golf Vita
• Trump Estate
• Golf Gate
• Golf Greens
• Greenwood
• The Legends

Local Amenities

Future homeowners will find all comforts situated nearby, including schools, supermarkets, hospitals, retails outlets, restaurants, cafes, community centers, and gyms.

All villas and apartment blocks come with a wide range of amenities located nearby such as jogging tracks, bicycle lanes, fitness & spa centers, yoga studios, swimming pools, reserved parking, 24/7 surveillance, etc.

Design

Finally, it’s important to add that all villas and apartments come fully furnished with ready-made kitchens, built-in cabinets, premium bathroom appliances, etc. The interior and exterior design is done, considering all the modern trends, making each property unique.

Summary

All in all, we have covered some of the main aspects of the DAMAC Hills area. You are now equipped with all the information to make a decision whether to invest or not in the real estate available for sale. Do not hesitate to ask us to provide any kind of consultation.