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Home Property

Price Overview in Damac Hills – Real Estate News

David Prior by David Prior
December 8, 2022
Reading Time: 4 mins read
Price Overview in Damac Hills – Real Estate News
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DAMAC Hills is a landmark formerly called Akoya by DAMAC. It is situated in Dubai. It is a work of class developed by an agency known as DAMAC Properties. It covers over 40 million sq. ft. DAMAC Hills is home to various properties. DAMAC Hills feature villas and apartments beside retail, sports, spa, wellness, and leisure facilities. Over the years, According to AX Capital, DAMAC Hills has been one of the most popular areas for buying affordable villas in the United Arab Emirates. 

Side Attractions at the Damac Hills and their inspirations

Containing peaceful villas, footpaths, and waterways, the community is composed of three main parts:

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  • Akoya park;
  • Akoya drive;
  • The Trump international golf club. 

These parts of the area are sure to give a lot of satisfaction to people and family as there are entertainments options, retail shops and every other thing one may think of to get the day started on the streets in the morning or ending the day in a terrific, relaxing way after sunset. The Akoya drive is said to be inspired by the Champs Elysees in Paris and Rodeo Drive in Beverly Hills, adding to its classy nature of luxury. The community has succeeded in topping the class with a lot of fun by including facilities which include a cinema, an ice rink, and various hotels to its look. You should know that one of the main areas in the community is located at its heart. 

The Trump International Golf Club

The golf club contains its clubhouse, which includes classy swimming pools, gym centers, restaurants, and a health center. Some really luxurious and refined villas can also be found in this environment overlooking the course.

What is the cost of living in the area and How much should one have to be able to afford a purchase on the Damac Hills?

These are some of the questions pervading the mind of intending investors. Knowing the price range can also help parties to negotiate better in the market and improve transactions for the better.

DAMAC Hills is a tranquil residential environment with different:

  • Apartments;
  • Flats;
  • Hotels;
  • Villas.

All of them feature great luxury and class for rent and for sale. DAMAC Hills also offer additional property types to meet your needs and also your pockets. The costs of flats in DAMAC Hills vary as to the properties; however, the average cost of flats in DAMAC Hills are within the range of AED 30,000 to AED 110,000, depending on the type and configuration of the apartments. 

The choice of layout

Residents have the choice of choosing from a studio configuration to a three-bed layout. However, the prices are really affordable considering the amenities and luxury provided for its residents. On the other hand, acquiring a villa in DAMAC Hills also depends on the configuration of such estates. Generally, on average terms, the cost of renting a villa in this location is within the range of AED 100,000 to AED 350,000. It is important to note that other configurations and residential apartment types are available to suit your likes and wants. 

Featured communities

DAMAC Hills consist of various communities. Some of which include; Topanga, Pelham, and the field. Interested tenants can look into these communities as they offer a wide range of properties and apartments to suit your interests and budgets. 

Topanga is considered the most famous of all the areas in DAMAC Hills. Amongst the various kinds of properties available n this region, it contains a 3-bedroom configured apartment. Villas are also up for sale at a rate of around AED 1.4 million to AED 3.5 million. Also, in addition to this, the 3-bedroom apartments can be acquired within the costs of AED 1.2 million and AED 3.2 million. Interested tenants can rent three-bedroom villas for as low as AED 120,000. 

Transport accessibility

The residential buildings are built in a way that offers a parking space per apartment. The villa, however, contains a covered private parking lot for at least two vehicles. Hence, space for parking your cars is not a problem as that has already been considered, and possible issues related to that have been solved. People looking to move to DAMAC Hills will find it easier to navigate their way around with their own vehicles, and there is no public transport system. Taxis are not readily available. However, taxis can be booked on some online platforms to help anyone move around.

Educational institutions

Schools are made available for residents of DAMAC Hills who needs education. This feature makes education accessible to children and young adults who need to go to school and get a formal education. Healthcare facilities like hospitals and clinics may not be found within this area, but they are situated a few minutes away from this place. This feature also has provided excellent and accessible healthcare for residents of this luxurious environment. 

Conclusion

The costs are totally reasonable when you consider the class, distinction, and luxury that come with living in this area. The costs are definitely incredibly inexpensive and recommended for foreigners and locals, especially with the amenities and facilities on the ground to ensure that the residents and even visitors live a life of remarkable class and luxury.

David Prior

David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.

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