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The unrivaled Gems Estates project, developed by the leading construction company, Damac Properties, is located in the premium area of Damac Hills, in close proximity to the golf courses.
The residential community includes premium residences designed by the emirate's key developer in collaboration with jewelry brand, de Grisogono, and renowned fashion house, Cavalli.
Content:
- Real estate options in the Gems Estates community
- On-offer property in Gems Estates
- Investment property in Gems Estates, Dubai
Real estate options in the Gems Estates community
Gems Estates provides a wide range of ultra-modern artist-designed villas with 5, 6, or 7 bedrooms, ranging from 377 to 2280 square meters. All residences have a courtyard with a landscaped garden area, covered parking spaces for several vehicles, and other amenities. For example, the luxurious 6- and 7-bedroom villas are equipped with spacious terraces for relaxation, a private pool, and jacuzzi, which offer beautiful views of the landscaped surroundings of the community. There are open rooftop terraces in the villas and space that the future owners will be able to change according to their needs.
The infrastructure of the environmentally pristine Damac Hills area offers the upcoming community’s residents to take advantage of Trump International Golf Club, the large Malibu Bay beach complex, and the prestigious Jebel Ali school. The community also has:
- kindergartens;
- children’s playgrounds;
- numerous sports fields;
- a farmer’s food market;
- supermarkets, cafes, restaurants;
- park areas;
- a zoo;
- community leisure center.
On-offer property in Gems Estates
Currently, the Gems Estates residential complex is under construction, so you can buy off-plan villas at a price from the manufacturer and save up to 20% of the property’s market value. The residences in the upcoming community are high-end real estate in Dubai and are currently in high demand from both local and foreign investors.
The developer offers flexible installment payment plans without overpayments:
- 20% of the total amount when booking a property;
- 60% at the construction stage;
- 20% after putting the facility into operation.
The starting price for a 409-square-meter 5-bedroom villa is AED 5,000,000 ($1,400,000).
When buying property in Gems Estates worth at least AED 2,000,000 ($544,500), foreign citizens are given the opportunity to apply for a UAE Golden Resident Visa for a period of 10 years, which can be extended multiple times.
Investment property in Gems Estates, Dubai
The unique villas in Gems Estates are highly liquid, which attracts a significant flow of investors.
Investing in real estate from Damac Properties in Dubai can not only protect savings from inflation, but also increase profits. To obtain a stable recurring income, villa owners can rent out the acquired housing or resell it after commissioning, earning on the increase in value.
The average income from renting luxury villas with 5-6 bedrooms in the Damac Hills area is 4.5% per annum.
