One of the top Middle Eastern real estate developers, Damac Properties, constructed the posh residential community Damac Hills (Akoya by Damac) in Dubai, United Arab Emirates. It is a top choice for individuals looking for top-notch amenities and an opulent lifestyle.
Numerous homes in the neighborhood, including townhomes, villas, and apartments, have stunning views of the surroundings. Damac Hills strongly emphasizes green living, offering its residents a serene environment with many parks, gardens, and lush areas.
Renters and investors looking for family homes in a peaceful neighborhood are drawn to Damac Hills, one of the best golf communities in Dubai. The development is renowned for its cutting-edge amenities, which include a fitness center, tennis courts, and a golf course. It is an ideal destination for those who value an active lifestyle. Whether you’re looking for a new home or an investment opportunity, Damac Hills (Akoya by Damac) is a premier destination offering luxury living.
Overview of Damac Hills
Damac Hills is a posh residential neighborhood in Dubai, United Arab Emirates; it was formerly known as Akoya by Damac. Damac Properties, a prominent real estate firm that has shaped the Middle East’s luxury real estate market since 2002, designed and developed the project.
History and Development
Damac Hills is a private neighborhood in Dubai that has earned the moniker “The Beverly Hills of Dubai.” The housing complex is centered on an 18-hole championship golf course designed by the PGA in association with Donald Trump. The nearly 42 million square foot development is surrounded by lush greenery and first-rate amenities.
Damac Hills and Akoya by Damac Relationship
Damac Hills was previously known as Akoya by Damac, the first golf course community in Dubai. The development was renamed Damac Hills in 2019. It offers premium villas, townhouses, and apartments for sale or rent. The development is a perfect blend of luxury, comfort, and elegance, making it ideal for families and individuals who want to live in a peaceful environment.
Damac Hills is a significant player in Dubai’s real estate market. It provides many residential properties to fit various lifestyles and budgets. Major highways are conveniently located near the community, making traveling to other city areas simple.
In conclusion, Damac Hills is a luxurious residential community in Dubai, UAE, developed by Damac Properties. The development offers premium villas, townhouses, and apartments for sale or rent, making it ideal for families and individuals who want to live in a peaceful environment. The community is well-connected to major highways, making accessing different parts of the city easy.
Location and Accessibility
DAMAC Hills (Akoya by DAMAC) is in Dubailand, Dubai, United Arab Emirates. The community is close to critical areas, making it easily accessible to residents and visitors.
Proximity to Key Areas
DAMAC Hills is located near several key areas, including Business Bay, Mall of the Emirates, and Media City. Business Bay is a thriving business district in Dubai, while Mall of the Emirates is a popular shopping destination. Media City is a hub for media and entertainment companies in the region. The community’s proximity to these places makes it simple for residents to access a range of amenities and services.
Transportation and Connectivity
DAMAC Hills is well-connected to Dubai’s transportation network, making traveling to and from the community easy. Residents can easily access international destinations with a 30-minute car ride from Dubai International Airport. The community is also located near several major highways, including Sheikh Zayed Road and Emirates Road, making traveling to other parts of Dubai easy.
Another benefit for residents is the community’s shuttle service, which offers transportation to important Dubai locations. This free service is convenient and cost-effective.
Due to its location and connectivity, DAMAC Hills is an excellent option for residents who value convenient access to essential areas of Dubai.
Types of Properties
Damac Hills (Akoya by Damac) offers a variety of properties to cater to its residents’ diverse needs. The development features villas, townhouses, and apartments, each offering a unique living experience.
Villas
The villas in Damac Hills are available in various sizes and configurations, ranging from 3 to 7 bedrooms. These luxurious properties feature spacious living areas, private gardens, and swimming pools. The villas are perfect for families who value seclusion and exclusivity because they also provide breathtaking views of the surrounding area.
Townhouses
Damac Hills offers a range of townhouses, including 3, 4, and 5-bedroom options. These properties are perfect for families who want a spacious living area with a private outdoor space. The townhouses feature modern designs and high-quality finishes, making them popular among buyers.
Apartments
Damac Hills also features a range of apartments, including studios, 1, 2, and 3-bedroom options. These properties provide a more cost-effective option for those who wish to live in the development. The apartments feature modern designs, high-quality finishes, and stunning views of the surrounding landscape.
The apartments in Damac Hills range in size from 428 sqft to 1,800 sqft, making them suitable for singles, couples, and families. The properties also feature various amenities, including swimming pools, gyms, and children’s play areas.
Damac Hills (Akoya by Damac) offers various properties to meet the needs of its inhabitants. Whether you are searching for a roomy villa, a contemporary townhouse, or a reasonably priced apartment, Damac Hills has something to offer.
Community Amenities and Facilities
DAMAC Hills (Akoya by DAMAC) Dubai is an integrated community that offers its residents a wide range of amenities and facilities. The community has multiple sub-communities, each with distinct facilities and amenities.
Recreational Areas
DAMAC Hills’ vast array of recreational areas is one of the highlights. The community has several parks, playgrounds, and green spaces perfect for families with children. Residents can also enjoy the community’s swimming pools, tennis courts, and basketball courts. The community also has a fitness center with various exercise classes and equipment.
Educational Institutions
DAMAC Hills has several educational institutions within its boundaries. The community has several schools, including Jebel Ali School, one of Dubai’s best schools. There are also several nurseries in the community which provide high-quality care and education to young children.
Healthcare Services
DAMAC Hills has several healthcare facilities that provide high-quality medical care to its residents. The community has several hospitals and clinics which offer a wide range of medical services. The community also has several pharmacies, providing residents with easy medication access.
Overall, DAMAC Hills (Akoya by DAMAC) Dubai is a well-planned community that offers its residents a wide range of amenities and facilities. The community is designed to provide residents with a high quality of life, and it succeeds in doing so by offering a wide range of recreational areas, educational institutions, and healthcare services.
Real Estate Investment
Investing in real estate in DAMAC Hills (Akoya by DAMAC) Dubai is a lucrative opportunity for those looking to get a good return on investment. The area has many different types of properties ideal for both residential and commercial use. This section will examine the DAMAC Hills real estate market for buying, selling, and renting.
Buying and Selling Market
According to Bayut, DAMAC Hills is one of the most sought-after areas in Dubai for property buyers. The transaction price for properties in DAMAC Hills 2 (Akoya by DAMAC) was AED 1,729,086 on average in the past 12 months, per DLD’s sales transaction records. However, the prices may vary depending on property size, type, and condition.
Investors looking to buy properties in DAMAC Hills can expect a high return on investment. The area’s popularity and the high demand for properties ensure that the resale value of properties is always high.
Rental Market
DAMAC Hills is also a popular area for renters. The area offers a range of properties for rent, from apartments to villas. Rental costs are based on the kind and size of the property.
Those wishing to purchase rental properties in DAMAC Hills can expect a strong return on investment. The area’s rental prices are high, and the demand for rental properties is always high. The rental yield for properties in DAMAC Hills is also high, making it a great investment opportunity.
Overall, investing in real estate in DAMAC Hills (Akoya by DAMAC) Dubai is an excellent opportunity for those looking to get a good return on investment. The area’s popularity and high demand for properties ensure that the resale value of properties is always high. Due to its high rental yield, DAMAC Hills offers excellent investment opportunities for individuals purchasing properties.
Property Features and Pricing
Property Conditions and Specifications
Damac Hills, also known as Akoya by Damac, is a luxurious residential community in Dubai. The properties in this community are designed to offer spacious living spaces with modern amenities. The community is in a prime location and provides a serene environment, lush green landscapes, and world-class amenities. The properties in Damac Hills are available in different sizes and conditions, ranging from studio apartments to villas with multiple bedrooms.
The highest standards of comfort and quality are incorporated into the design of Damac Hills properties. They feature modern architecture, high-end finishes, and premium fittings. The properties are available in different conditions, from brand-new to pre-owned. The pre-owned properties in Damac Hills are well-maintained and offer excellent value for money. The properties in Damac Hills are available in different configurations, including corner units that provide more privacy and better views.
Current Market Prices
The current market prices of properties in Damac Hills vary depending on several factors, including property size, type, condition, and market conditions. According to recent data, the average price of properties in Damac Hills is AED 1,729,086. However, the prices may vary depending on the property’s size, type, and condition. The prices of properties in Damac Hills have remained relatively stable over the past six months, with minor fluctuations due to market conditions.
Overall, the properties in Damac Hills offer excellent value for money, given their prime location, spacious living spaces, and modern amenities. The neighborhood provides quick access to various parts of the city and is well-connected to major highways. Damac Hills properties are desirable for investors and homeowners because they offer flexible payment schedules.
Community Lifestyle
DAMAC Hills, formerly Akoya by DAMAC, is a luxurious gated community in Dubai. It offers a unique living experience to its residents, with a range of amenities and services that cater to their needs. The community is designed to provide a comfortable and sustainable lifestyle, focusing on family living and environmental sustainability.
Residential Experience
DAMAC Hills offers various residential options, from apartments to villas and townhouses. The community is designed to provide its residents with a comfortable and luxurious living experience, with spacious and well-designed homes that offer stunning views of the community and surrounding areas. The homes are equipped with modern amenities and high-quality finishes, making them perfect for families and individuals looking for a premium living experience.
Environmental Sustainability
DAMAC Hills is an eco-friendly community that promotes sustainable living. The neighborhood is designed with green areas in mind, emphasizing lowering carbon emissions and protecting the environment. Various environmentally friendly features, including solar panels, energy-efficient appliances, and water-saving fixtures, are present in the community and serve to lessen its carbon footprint and encourage sustainable living.
Various green areas, such as parks, gardens, and landscaped areas, are also present in the community and offer residents a tranquil setting. Pools and fountains add to the community’s aesthetic appeal and provide residents with a refreshing and relaxing environment.
DAMAC Hills offers residents a unique living experience, focusing on family living and environmental sustainability. With various amenities and services to meet their needs, the community is designed to offer residents a luxurious and comfortable living environment.
Buying and Selling Process
Documentation and Procedures
Buying and selling properties in DAMAC Hills (Akoya by DAMAC) Dubai requires proper documentation and adherence to specific procedures. To purchase or sell real estate, the buyer or seller must possess the necessary paperwork, including a passport, title deed, and proof of ownership. The buyer should also have a pre-approval letter from the bank or financial institution if they plan to take out a loan. On the other hand, the seller should have a clearance certificate from the Dubai Land Department (DLD) to ensure that the property has no outstanding debts or liabilities.
Real Estate Agencies and Experts
In DAMAC Hills (Akoya by DAMAC), Dubai, real estate firms and specialists are vital to purchasing and selling real estate. They can offer insightful information about pricing, property availability, and current market trends. They can also assist buyers and sellers with the required paperwork and procedures to streamline and simplify the process.
When looking for a real estate agent or specialist, choosing one with a proven track record of success is essential. One such agency, Aim Properties, focuses on DAMAC Hills (Akoya by DAMAC) real estate. Buyers can find the ideal property that fits their needs and budget with the assistance of their team of driven sellers. They also have a wide range of vacant and unfurnished properties to choose from, including those with a roof terrace or balcony.
In conclusion, buying and selling properties in DAMAC Hills (Akoya by DAMAC) in Dubai requires proper documentation and adherence to specific procedures. Real estate agencies and experts can provide valuable assistance in navigating the process and finding the right property that meets the buyer’s needs.
Frequently Asked Questions
What are the current rental rates for properties in DAMAC Hills?
Rental rates in DAMAC Hills vary depending on the type of property and its location. A 3-bedroom villa can be rented annually for around AED 120,000 to AED 170,000. Apartments and townhouses are also available for rent at varying rates. To get an accurate picture of the current rental rates, consult with real estate agents or online listings.
How does the location of DAMAC Hills enhance its living experience?
DAMAC Hills is located in the rapidly expanding district of Dubailand. The community is tranquil because parks, lakes, and lush vegetation surround it. It is also close to major highways, making it easily accessible from other parts of Dubai. Additionally, it is near popular attractions like Dubai Miracle Garden, Global Village, and IMG Worlds of Adventure.
What is the range of prices for buying real estate in DAMAC Hills?
DAMAC Hills has different price ranges depending on the property’s location and kind. A 3-bedroom villa can be bought for around AED 1.5 million to AED 3 million. Apartments and townhouses are also available for purchase at different rates. Checking with real estate agents or online listings is advisable to get an accurate idea of the current property prices.
What amenities are offered to residents of DAMAC Hills?
DAMAC Hills offers its residents many amenities, including a golf course, parks, lakes, swimming pools, and fitness centers. Its community center also houses supermarkets, restaurants, and cafes. The community also has schools, nurseries, and medical facilities, making it a self-contained and convenient living experience.
What are the transportation options available near DAMAC Hills?
DAMAC Hills is easily accessible by car due to its excellent connections to major highways such as Sheikh Mohammed Bin Zayed Road and Al Ain Road. Additionally, there are bus and taxi options for public transportation in the vicinity. Thanks to the upcoming Dubai Metro extension, residents will have another transit option with a station close to Al Furjan.
How does DAMAC Hills 2 compare to DAMAC Hills regarding investment potential?
DAMAC Hills 2 is a newer development by DAMAC Properties and is located adjacent to DAMAC Hills. It offers a similar living experience focusing on sustainability and green living. The property prices in DAMAC Hills 2 are slightly lower than in DAMAC Hills, making it a more affordable option for investors. However, both communities present excellent investment opportunities because of their ideal locations and DAMAC Properties’ standing as one of Dubai’s top real estate developers.
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