Flat in Dubai, UAE, 64 m²

A 1-bedroom apartment of 64m2 in a ready-made community with infrastructure, with installment payments and a price increase of more than 7% per annum.

The total area of the Damac Hills area is 390 hectares. Residential and commercial facilities of various purposes are located here. The project was launched back in 2013 and after 3 years, the developer DAMAC Properties built more than 16,000 villas. Today Damac Hills is a full-fledged residential area for living and recreation.

Damak Hills has all the necessary facilities and organizations: supermarkets, pharmacies, hospitals, banks, restaurants, swimming pools, gyms, playgrounds, schools and kindergartens. Children will especially enjoy parks, walking and entertainment areas, as well as a 2,000 sq. m skate park. The hallmark of Damac Hills is the huge golf course, which hosts the PGA Championship and has been named "The best Golf project in the World."

The area is located in a relatively quiet area. Convenient transportation allows you to comfortably move around the area and the city as a whole. There are two buses running throughout the area. In order to use the subway, you will have to take a bus or order a taxi.

It is most convenient to move around the area and beyond by your own car. By the way, there is a separate parking space for each apartment owner. The areas of Dubai Marina, Downtown Dubai or International City are located from Damac Hills within half an hour by car. Mall of the Emirates and Dubai Marina Mall shopping malls are a half-hour drive away.
CreaKids Kindergarten is considered to be the most popular preschool in the area, and there are also nearby nurseries Blossoms Mudon and The Wonder Years. Among the schools, residents highlight the schools of Jebel Ali and South View. But the nearest universities are 20-30 minutes away from the area. Residents can receive medical care at Mediclinic Parkview Hospital and Emirates Hospital in Dubai Motor City, where comprehensive medical care is provided.

It is impossible not to mention another important attraction of the area — the man-made Malibu Bay beach. In 2020, the opening of the wave pool took place here. If we compare this pool with a professional hockey rink, then its area will be almost 1.5 times larger. The waves in the pool are created using a huge ball.

Large-scale events for families are regularly held in the area. For example, theme nights, sports events and competitions. Damac Hills has badminton, cricket, basketball and tennis courts. Moreover, there is a stable, a small zoo for children, a dog park and even several lakes where you can go fishing and relax.
Investors will be interested in the fact that despite the presence of the luxury factor in the area, prices for mobility in Damac Hills are very affordable. According to statistics, this area is one of the most popular places to buy villas, as Damac Hills is located in a quiet location. There is a wide range of housing options: studios, apartments with 1-4 bedrooms, luxury villas and townhouses with 3-6 bedrooms.

The highest return on investment in Damac Hills is 6.1%. This figure is relevant for studios and one-bedroom apartments. If you purchase 2 and 3-room apartments, the profitability will be 5.5% - 5.4%.