- November 25, 2024
- Posted by: Waqas Siddiqui
- Category: Real Estate
Image Source – DAMAC Properties
DAMAC Islands Location
DAMAC Properties launches DAMAC Islands to redefine luxury living in Dubai. Located in the heart of Dubailand, DAMAC Islands blends tropical island aesthetics with top-class amenities and landscapes. Rated as one of the top 10 real estate developers in Dubai, DAMAC Properties brings a new vision of island-inspired community living in Dubai. The new concept takes inspiration from the distinctive characteristics of global destinations like Bali, Maldives, and Seychelles. DAMAC promoted the project by enlisting well-known celebrities including Amitabh Bachan and football coach John Terry.
DAMAC Islands (Villas & Townhouses) Features
DAMAC Islands offer lush green spaces, waterfalls, and lagoons as the property developer tries to create a retreat promoting relaxation and wellness along with a promising stress-free lifestyle away from the bustling city life of Dubai. Similarly, the real estate development project offers a seamless fusion of luxurious indoor and outdoor experiences including Aqua Dome for indoor water-based activities, a hot springs spa, a jungle park, and a mini-golf island among numerous other attractions.
Additionally, residents will enjoy an extensive array of leisure amenities. This includes gondola-style paddle boat rides, hammock tours over pristine waters, and serene dining spot views that overlook turquoise lagoons. Moreover, DAMAC Islands will also feature a wedding venue, a tortoise garden, a clubhouse for residents, and a market for fresh fruits. Be it relaxation, rejuvenation, or recreation, DAMAC Islands cater to all offering the perfect retreat and providing a comprehensive and exclusive lifestyle for families, individuals, and investors alike.
Property Investment in Dubai
DAMAC Islands offers unique real estate investment opportunities in Dubai by offering a wide range of luxury villas and townhouses in Dubai with thoughtfully designed layouts and stunning views. A six-bedroom villa ranges between Dhs 6.3m and a seven-bedroom villa goes up to Dhs 18.5m. Likewise, townhouses range from Dhs 2.25m to Dhs 3.1m for four-bedroom and five-bedroom units respectively. The units can be bought with a 75-25 payment plan with 75% due during the construction phase and 25% upon completion. This makes DAMAC Islands an attractive property investment opportunity for end-users and investors. More info here.
Read: Aldar and Expo City Dubai to Develop AED 1.75 Billion Mixed-Use Project
Dubai Property Market Outlook 2025
Dubai’s real estate sector is poised for growth in 2025 fuelled by strong sales performance in 2024, rising property values, and swift absorption of new inventory. Moreover, this growth is well supported by local and international investors which suggests the rising strategic importance of Dubai. Most importantly, there is a high demand for luxury properties in Dubai as the first half of 2024 recorded 43,000 property transactions valued at an estimated AED 123 billion with an overall increase of 30% from 2023.
The luxury market remains strong, with premier locations like Palm Jumeirah and Downtown Dubai consistently drawing high-net-worth individuals. At the same time, interest is growing in affordable mid-range segment areas like Dubai Silicon Oasis and Jumeirah Village Circle. Earlier this year, Dubai also unveiled a 72 km coastal project aiming to plant 100 million Mangrove Trees by 2040 to create a vibrant habitat for various plant and animal species. Similarly, the approval of the Expo City master plan to build the largest purpose-built indoor events venue in the Middle East further reaffirmed Dubai’s vision in line with the D33 Economic Agenda.