Apartments for Sale in DAMAC Hills Dubai
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Buying apartments in DAMAC Hills
DAMAC Hills is one of the most popular and largest neighborhoods in Dubai. It was developed by DAMAC Properties from 2013 to 2020. Across an area of 390 hectares there are residential, commercial and commercial facilities.
In the central part of the district there is a golf course with 18 holes. Just here the championship of the American Association of professional golfers PGA was held.
Many types of residential real estate are on offer here to those wishing to buy or rent an apartment.
In order to make living in DAMAC Hills the most comfortable, developers have taken care in the landscaping and infrastructure onsite. For walking and recreation, the site has a large and spacious park. For sports there is a skate park, gym and swimming pool. Close to the residences there are supermarkets and community centers, banks and financial institutions, pharmacies, kindergartens and comprehensive schools. For the physical development and recreation of children of all ages is Little Village playground, with modern play equipment.
What types of apartments are there in DAMAC Hills?
Luxury apartments varying in size and number of bedrooms are offered to those who want to become owners of luxury properties.
In DAMAC Hills you can choose from the following types of apartments:
- Apartment type A. These contain one bedroom and a living room combined with a kitchen and a bathroom. The average area of such premises is 40-45 sq. m (131-147 sq. ft).
- Type B, consisting of two bedrooms, a separate living room and kitchen, and 1-2 bathrooms. The size of this apartment is about 60-90 sq. m (197-295 sq. ft).
- Type C, which is more than 100 sq. m (330 sq. ft). They have 3-4 bedrooms, two bathrooms, as well as a living room, dining room and kitchen
All apartments are characterized by a luxurious interior and exterior decoration. There are spacious balconies and terraces at the disposal of the tenants. There are cinemas, cafes, restaurants, and gyms nearby for comfortable living.
Prices trends of apartments in DAMAC Hills
Most of the popular communities in the DAMAC Hills area have villas and townhomes for sale. Those interested in apartments and studios should look for properties in the comfortable community of Loreto.
The cost of real estate in DAMAC Hills is very affordable. Prices are dependent on the size of the apartment and start at USD 125,000 (AED 460,000). The minimum rental price is USD 8,170 (AED 30,000) per annum.
Highlights of DAMAC Hills
DAMAC Hills is a freehold community, which means that residents from other countries can purchase property here. Buyers have the right to use the purchased property at their discretion – allowing for rental, sale or transfer by inheritance.
The profitability of real estate in the area is high, rental income can provide an income between 5.4% to 6.1% of the property value.