Vista Lux
About the project
(sq. ft.)
Vista Lux is a residential complex that is part of DAMAC Hills 2 (Akoya Oxygen) in Dubailand. The project is being implemented by DAMAC Properties, and the construction is scheduled to be completed by 2023.
Vista Lux offers studios and apartments with one and two bedrooms. The complex will have a total of 2,000 residential units.
Residences will be fully furnished and equipped with appliances. Bedrooms feature modern finishings, and bathrooms have new plumbing. Units also have walk-in closets, laundry rooms, and spacious balconies with views of the surrounding areas, landscape parks, and artificial ponds.
The complex offers parking and 24-hour security with video surveillance, as well as heating and air conditioning systems. Vista Lux provides a variety of amenities, including:
- Swimming pools
- Children’s play areas
- Fitness centre
- Spa
- Saunas
- 1.5 km walking and cycling path
The area offers an abundance of cafés, restaurants, supermarkets, retail stores, fountains, entertainment venues, and recreation areas. Residents can also enjoy an artificial beach, butterfly garden, cricket field, amphitheatre, and water slide.
The minimum size of an apartment is 89.7 sq. m (965 sq. ft), and the starting price is AED 960,000 (USD 261,363).
*The price is valid for 2021
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Location
Vista Lux is located near Sheikh Zayed Road and Al Ain Road, which offer residents easy access to other parts of the city. The community has boat and monorail routes as well. The Dubai International Airport can be reached within a 45-minute drive of the complex. The Dubai Outlet Mall is situated within a 20-minute drive and features retail stores, cafés, recreational areas, and a cinema.
Residents can take advantage of local sports facilities and entertainment venues, including a Zen Garden, fishing lake, labyrinth, paintball course, soccer field, movie theatre, boating area, and picnic garden.
Jebel Ali School is the closest educational institution and features a British curriculum. Additional schools and nurseries, such as Wonder Years Nursery, can be found in neighbouring communities.
For medical care, residents can go to Mediclinic Parkview Hospital, which is located within a 22-minute drive of the complex.
Return on investment
The return on investment rate for a property at Vista Lux will be 5.22%.
The complex has one-bedroom apartments available for rent with a starting cost of AED 60,000 (USD 16,335), per year.
The rental property tax is 5%, or AED 3,000 (USD 817), and maintenance fees start from AED 12,000 (USD 3,267). Therefore, the net income would be AED 45,000 (USD 12,251).
*The price is valid for 2021
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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