Damac Hills 2, previously known as Akoya Oxygen, is emerging as one of Dubai’s most promising residential communities. Strategically located just outside the bustling center of the city, this development offers a tranquil lifestyle with modern amenities and a strong potential for property value appreciation. In this article, we explore why Damac Hills 2 stands out as a top choice for investors looking to capitalize on Dubai’s dynamic real estate market.
1. Affordability with High Potential for Growth
One of the most appealing aspects of Damac Hills 2 is its affordability compared to other prime areas in Dubai. Despite being more budget-friendly, properties in Damac Hills 2 offer significant growth potential. In 2024 alone, the area witnessed over X number of transactions, highlighting its growing popularity. Investors who enter the market now stand to benefit from the upward trend as demand for quality housing in well-planned communities increases.
2. Violet Tree: The New Launch in Damac Hills 2
One of the newest additions to Damac Hills 2 is the Violet Tree community, which offers three to four-bedroom townhouses starting at approximately 2,100 square feet. The starting price is around X million AED, which is highly competitive compared to central areas of Dubai where a one-bedroom apartment of about 700 square feet would cost a similar amount. This makes Violet Tree an attractive option for homebuyers and investors who are looking for more space and better value for money.
3. Ideal for Residents with Private Transport
Damac Hills 2 is especially suitable for residents who own private vehicles, as it offers easy access to major roads and highways. The community is well-connected to key locations in Dubai, making it convenient for daily commutes. Additionally, the development is continuously expanding with new infrastructure and amenities, ensuring a bright future for those who choose to invest here.
4. Comprehensive Amenities within the Lagoon Community
One of the standout features of Damac Hills 2 is its Lagoon community, where residents can enjoy a resort-style lifestyle without having to venture into the city center. The Lagoon area includes everything from water sports and beach clubs to dining and shopping options, providing a self-contained environment that meets all daily needs.
5. Proximity to Iconic Dubai Landmarks
Damac Hills 2 provides a peaceful retreat from the city’s hustle and bustle, yet it remains well-connected to major landmarks and business districts. The community is just a short drive from Dubai’s iconic locations, including Downtown Dubai and Dubai Marina. This balance is particularly appealing to families and professionals who seek convenience without compromising on quality of life.
6. High Return on Investment
Investors who have purchased properties in Damac Hills 2 have already seen substantial returns, with some properties appreciating by 70-80% upon resale. Given the affordability of properties and the high demand for rental homes in Dubai, investors can expect strong rental yields from their investments in this community.
Conclusion
Damac Hills 2 represents a compelling investment opportunity for those looking to enter Dubai’s real estate market. With its affordable prices, comprehensive amenities, sustainability focus, and strategic location, the community is well-positioned for future growth. Investors who act now are likely to reap the benefits as the area continues to develop and attract more residents.
For More Information:
• Violet Tree Community Details
References:
• Dubai Land Department, Market Insights 2024
• Bayut Property Market Report 2024