Are you planning on buying a townhouse in Dubai?
The Damac townhouses are a package of location, luxury and a good chance for wealth creation. As follows, here is a detailed discussion of why Damac townhouses could be right for you.
Investment Potential
- High Return on Investment (ROI): The property market of Dubai remains bullish, and Damac’s projects, irrespective of being located in prime locations and with modern facilities, show great potential for healthy rental income and capital appreciation. Damac Hills 2 has shown a steady ROI over the past few years. Investors can expect an ROI of around 5% to 6% annually, depending on the unit and location within the community
- Flexible Payment Plans: This is due to Damac’s flexible payment schemes where a small down payment is required and long-term post-handover payment options for the buyers. There are 1% monthly payment schemes available which makes these townhouses very popular.
- Growing Demand: Dubai’s vibrant tourism, its cosmopolitan nature, and its ever-expanding business sector keep on attracting foreigners and investors. This would guarantee a healthy rental market and a continuous increase in property price.
- Median Price: The median price for properties in Damac Hills 2 and Madinat Hind 4 is currently AED 1,869,000. This makes it a reasonable price option for investors.
Location
- Damac Sun City : This community is situated in Dubailand and it has proximity to most activity zones such as Downtown Dubai and the proposed area for the Expo 2020 event. It is ideal for those jobs that require a suburban setting just a few hours’ drive from the city.
- Damac Lagoons : This is located opposite Hessa Street and features a lush ‘beach-like’ feel without compromising the proximity to the rest of the city’s amenities.
- Damac Hills 2: It is located somewhat beyond where affordability can be coupled with the lifestyle. People living here appreciate a peaceful lifestyle with little or no contact with crowded places but still workable distance to the big cities.
Amenities
- Golf Course: Damac Hills also boasts of a championship golf course developed by Trump International for professional and amateur golfers.
- Lagoons and Waterparks: Damac Lagoons combine themed lagoons of water parks, wave pools and the beach to ensure that leisure is hardly limited.
- Fitness & Sports: Damac Hills and Damac Lagoons have well-equipped health clubs, bicycle trails, tennis courts and football stadium.
- Shopping and Dining: Proper shopping facilities and restaurants are provided for each of them to make everyone in the community walk-in residents.
Lifestyle Benefits
- Resort-Style Living: Damac’s communities are intended to provide residents with a perpetual vacation experience complete with parks, swimming pools and amusement spots.
- Family-Friendly: The various communities include schools, parks and playgrounds; thus they are ideal for families who are in search of safe and lively areas.
- Green Spaces: Damac Hills and Damac Hills 2 have been developed with several areas of green landscape, artificial lakes, and gardens to provide a peaceful environment.
Conclusion
Purchasing a Damac townhouse is one of the best ways of attaining a lifestyle of luxury, quality services, and huge rates of returns.
All the communities of Damac Hills, Damac Lagoons, and Damac Hills 2 come with their own living style and introduction to great growth.
Available at strategic locations, equipped with luxurious facilities and demonstrating a powerful investment proposition, Damac townhouses are a worthy addition to the property profile of Dubai.