Why Damac Islands a Good Choice for Home Buyers?

Damac Islands sits a short distance from Sheikh Zayed Road , a major thoroughfare. The development benefits from close proximity to Damac Hills, Dubai Marina , Palm Jumeirah , and JBR.

Oct 10, 2024 - 14:28
Oct 10, 2024 - 14:58
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Why Damac Islands a Good Choice for Home Buyers?

Damac islands  is considered a prime investment location for buyers.

Why?

Because the community is known for their prestigious and exceptional combination of contemporary, luxury, and serenity. It offers luxury living and an increased ROI. 

Let's have a look at the top reasons to why Damac islands is a good choice for home buyers - 

Why is Damac Islands a Good Choice?

Location: Damac Islands  is a top Dubai Projects ,sits a short distance from Sheikh Zayed Road , a major thoroughfare. The development benefits from close proximity to Damac Hills, Dubai Marina , Palm Jumeirah , and JBR. This provides easy access to dining, nightlife, beaches, and entertainment. The site also lies near two vital roadways – Emirates Road and Sheikh Mohammed Bin Zayed Road.

Current Market Trends: Still in its early days, Damac Islands is already on the radar for its contemporary townhouses and villas which look set to be a hit with luxury buyers. Early signs indicate there is plenty of interest and demand will be strong once the project completes.

Return on Investment (ROI): With rental yields being as high as they are for both villas and townhouses in the city, investors can be guaranteed a high ROI, especially with the ever-growing luxury real estate market in Dubai. The average rental yield in Damac Hills is between 6-7%, which is higher than the Dubai average of around 5-6%. 

Golden Visa Incentive: The project gives purchasers access to the much sought-after 10-year Golden Visa, making long-term residency even more valuable. The  UAE Golden Visa grants beneficial privileges like visa-free travel, family sponsorships, business ownership, and property buying rights. It also gives access to Dubai’s high-quality education and healthcare ecosystem. These perks incentivize your purchase decision.

Key Amenities

The development contains over 25 resort-style facilities for homeowners. These include beautiful pools, a modern fitness center, restaurants, cafes, retail stores, sports courts, kids zones, and more.


Private swimming pools
Waterside cafés and retail outlets
Spacious villas with modern interiors.

Benefits of investing

Luxurious Lifestyle: The community is home to Venetian inspired architecture, gondola rides, cozy cafes and waterfront views.

Affordable Pricing & Payment Plan: Damac Islands offers investor-friendly installment plans. You only need a 10% down payment upon booking. The remaining balance gets paid over defined construction milestones – 70% tied to building progress and 20% upon completion 

Developers Reputation: The company holds an impressive construction track record. Since 2002, it has developed over 44,000 units. Damac Properties also made headlines as the first Middle East real estate company listed on the London Stock Exchange. Its financial stability reassures you about your potential investment.

Accessibility

Dubai Rugby Sevens is just 5 minutes away
Dubai Outlet Mall is just 8 minutes
Downtown Dubai is just 20 minutes
Dubai International Airport is just 25 minutes away.


Conclusion

For homebuyers looking for luxury, convenience and long-term value in Dubai’s lucrative property market, Damac Islands are thus an unmatched investment opportunity.

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