Verdana

Surrounded by luscious verdant spaces, Verdana is a prime townhouse community by Reportage Properties in the dynamic mixed-use neighbourhood of Dubai Investments Park. This development was launched in Q2 2022 and offers an array of exquisite 4-bedroom residences, with a total of 305 units to choose from. The total area of Verdana townhouses ranges between 2,730 sq. ft and 3,855 sq. ft, of which 1,882 sq. ft is dedicated to the internal area.

According to the master plan, each townhouse will include 4 levels (G+1+2+R), with layouts including a maid’s room with an ensuite bathroom, a backyard, a front garden, dressing rooms, as well as private balconies/terraces. Not forgetting that homeowners will also be able to benefit from private parking spaces for their utmost convenience. Other defining features of the Verdana residences are as follows:

• Kitchen cabinets and countertops
• Double glazed windows
• Central AC
• Private bathroom in each bedroom
• Built-in wardrobes in bedrooms
• Double-height living room
• Vanity units and mirrors
• Satellite master antenna and fiber optic connection for high-speed internet
• Fully tiled bathrooms
• Shower with handles

As well as all the above, the Verdana community will house a variety of family-oriented amenities which can be found below:

• 2 swimming pools
• 2 children’s pools
• Gym
• Landscaped areas
• Shaded areas
• Children’s play area

A Verdana townhouse can be purchased for a minimum of AED 1,896,000 (USD 516,000).

The Verdana development by Reportage Properties is scheduled for handover in Q4 2024. Among multiple benefits of purchasing off-plan property is that its capital value is guaranteed to increase during the last stages of construction and upon its completion.

Taking into account the previously mentioned information regarding the family-oriented amenities within the development and its surrounding area, it is safe to say that Verdana townhouses are worth considering as an investment as well. For instance, you can use this property for a subsequent lease, as according to Property Finder, the gross yield for 4-bedroom townhouses/villas in the DIP area has reached a whopping 20.8%, as of Q2 2022. At the same time, the initial rental cost for this type of unit is currently at AED 250,000 (USD 68,000) per annum.

When investing in an off-plan property worth at least AED 2,000,000 (USD 545,000), you will be granted a Golden Visa residency, according to the recently introduced amendments, which will come into effect in September 2022. This visa scheme allows its holder to live, work and study in the UAE without an Emirati sponsorship.