Verona
About Verona
(sq. ft.)
Buy Property in Verona
Verona, Damac Hills 2
Listing by
Mushahid Hussain
Verona is a new luxury townhouse complex by DAMAC Properties, located in DAMAC Hills 2, Dubailand. The three-storey residences feature four bedrooms, spacious balconies and terraces, a study, a 2-car garage and a private garden. The area of the property starts at 2,357 sq. ft.
The project is inspired by the Italian city of Verona with its rich history and stunning architecture. The magnolia and red valerian flowers are reflected in the interior design of the townhouses.
Verona residents will have access to all of Damac Hills 2’s community amenities. These include three areas with themed recreational facilities: Water Town, Down Town and Sports Town. Among the proposed offerings are:
- Lazy river
- Malibu Beach
- Wave pool
- Floating movie theatre
- Surfing area
- Boating lake
- Café
- Barbecue area
- Children’s play area
- Zen garden
- Giant chess board
- Hedge maze
- Amphitheatre
- Farm
- Bird aviary
- Dog park
- Running paths
- Cycling path
- Volleyball and basketball courts
- Soccer field
- Cricket pitch
- Fitness area
- Outdoor gym
- Tennis and padel tennis courts
- Paintball park
Property Information
- Location Damac Hills 2, Dubai, UAE
- Developer DAMAC
- Status of Project In progress
- Type of Project Townhouses
- Units 4BR
- Area from 2,352 sq. ft.
- Payment Plan 20/80
Floor Plans of Verona
Townhouse
Type:
4 Bedrooms
Total Area:
2,352 sq. ft.
Starting Price:
1,829,000 AED
Property Prices
As of Q3 2023, the starting price of a townhouse in Verona is AED 1.82M (USD 496K).
*The price is valid for 2024
Payment Plan
Location
The Verona complex is located a few minutes away from Jebel Ali – Lehbab Road and Al Qudra Road, providing easy access to the other highways and neighbourhoods of the city. A private road has been built around Damac Hills 2 and will be opened in August 2023.
A 15-minute drive from the development is The Sevens Stadium with a capacity of more than 50,000 people. The venue holds major entertainment and sporting events. Verona residents can reach Al Maktoum International Airport in 25 minutes, and the popular areas of Downtown Dubai, Business Bay, DIFC, Palm Jumeirah and Dubai International Airport in 30-35 minutes.
Economic Appeal
The self-contained community of DAMAC Hills 2, where Verona is located, offers luxury living away from the hustle and bustle of the metropolis. The community has everything you need for comfortable living and recreation: a community centre, a Carrefour Supermarket, a farmers market, a school, a mosque, food trucks, water and sports facilities, entertainment for all ages, etc.
Verona is scheduled to be completed by July 2026. The developer is offering a convenient 70/30 payment plan. Townhouse owners will be able to obtain a UAE resident visa for a period of 2 years or more.
Buying a townhouse in Verona will be a favourable option for investors who want to earn passive income. As of Q3 2023, the average annual rental price for a 4-bedroom residence in DAMAC Hills 2 is AED 110K (USD 30K). The ROI in this property type is 6.5 %.
*The price is valid for 2024
FAQ
The developer of Verona is DAMAC Properties.
Verona is located in the Damac Hills 2 community in Dubailand.
Verona offers 4-bedroom townhouses.
Verona is scheduled to be completed by the end of Q2 2026.
DAMAC Properties offers a 70/30 payment plan, including a 20 % deposit.
As of Q3 2023, the minimum value of a 4-bedroom townhouse is AED 1.82M (USD 496K).
Yes, you can get a UAE long-term visa.
Depending on the value of the townhouse, you can get a 2-year resident visa, which is granted when buying a property worth from AED 750K (USD 204K), or a 10-year Golden Visa for investments from AED 2M (USD 545K).
Yes, it is a freehold development.
Yes, due to the fact that the average rental price of a four-bedroom townhouse in DAMAC Hills 2 is AED 110K (USD 30K) per year and the average ROI is 6.5 %.
Verona offers a tranquil life away from the hustle and bustle of Dubai, surrounded by high-end amenities and entertainment. These include a wave pool, a lazy river, Malibu Beach, sports facilities, a floating movie theatre, etc.
DAMAC Hills 2 is a ready-made community with developed infrastructure including a school, a supermarket, a farmers' market, water facilities, etc. Airports and popular attractions can be reached by car in about half an hour.
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