Novelia

Novelia is a gated residential community located in Dubai Sports City, which is part of the larger Victory Heights community. Residents have easy access to Sheikh Mohammed Bin Zayed Road and Hessa Street.

There are a total of 98 five- to six-bedroom villas that vary in architectural styles, such as the Mediterranean, classic European, and Spanish Andalusian. Villas have spacious bedrooms, modern bathrooms, built-in cabinets, walk-in wardrobes, fully equipped kitchens, dining rooms, living rooms, and balconies that overlook the nearby golf course. Units also have laundry facilities, private swimming pools, and staff accommodations that have separate entrances and bathrooms.

The community is home to the Butch Harmon Tennis Academy & Golf School. The facility offers tennis and golf lessons with some of the region’s best coaches.

Villas range in size from 4,313 sq. ft. to 14,300 sq. ft. and prices range from AED 5,600,000 (USD 1,525,000) to AED 13,000,000 (USD 3,540,000).

Victory Heights is a sub-community that offers all of the necessary amenities to ensure a comfortable living environment. The community is connected to other parts of Dubai via Sheikh Mohammed Bin Zayed Road. As a result, residents have easy and quick access to attractions located throughout the emirate. Villas are in demand among tenants and investors.

Villas at Novelia have a return on investment rate that ranges from 5% to 6%, depending on the type of property. The annual rental rate for a villa ranges from AED 310,000 (USD 84,000) to AED 750,000 (USD 204,000), and the estimated payback period on investments ranges from 18 to 22 years.