United Arab Emirates · Dubai
New Property
Property Nature
Under Construction
Property Status
Apartment
Property Type
Freehold
Property Right Type
N/A
Property Right Years
Dec 2028
Delivery Date
Land Area
N/A
Usable Area
N/A
Bedrooms
N/A
Bathrooms
N/A
Total Floors
N/A
Price per Sqm
N/A
Project Name: DAMAC District Developer: DAMAC Properties Project Type: Three Buildings Residential Apartments (2 towers): Tower A: G+2P+29 floors Tower B: G+2P+26 floors Grade A Office Building (1 tower): Office structure: G+2P+10 floors Unit Types & Areas: 1-Bedroom: approx. 740 sq ft 2-Bedroom: approx. 1,221 sq ft Office unit area: 3,164 ~ 6,588 sq ft Office whole floor area: approx. 22,459 ~ 22,882 sq ft Expression of Interest Collection: 1BR: AED 60,000 2BR: AED 90,000 Whole floor residential: AED 1,250,000 Office starting price: AED 6.1 million Payment Plan: Flexible 20/40/40 plan 20% down payment 40% installment (over 40 months, 1% per month) 40% upon handover Estimated handover: December 2028 to January 2029
Community and Amenities Commercial: DAMAC Mall, Akoya Commercial Street. Entertainment & Leisure: Infinity pool, resort-style pool deck, sunset bar, BBQ area, private dining pods, children's pool. Sports & Fitness: Multi-purpose sports court, outdoor yoga area, fitness station, ball court. Indoor Entertainment: Game lounge (with PC, PlayStation, billiards).
Key Highlights 1. Scarce Office Resources: As the only Grade A office building in the community, with only 47 units, positioned as a scarce investment opportunity. 2. Mature Community Amenities: Located in Dubai Hills, a fully self-sufficient mature community, surrounded by shopping malls, schools, clinics, parks, golf clubs, and other complete living facilities. 3. View Advantage: Overlooking the Trump International Golf Club and DAMAC Lagoone. 4. Investment Value: Appreciation Potential: Expected property value growth of 25%-30% within 5 years. Rental Yield: Claimed to provide a stable rental yield of 6%-8% (link content), citing regional data (document content shows DAMAC Hills rental yield at 6.76%). Price Advantage: Document analysis indicates that its price per square foot (starting from AED 1,788) is still in a "price-friendly" range compared to Dubai's core business districts.
