Golf Promenade 5, Damac Hills (Akoya by Damac)

Damascus Hills, Dubai

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Strengths

Modern Design

Premium Amenities

Scenic Location

Weakens

High Cost of Living

Limited Public Transport

Potential Noise Levels

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Strengths

Modern Design

Features contemporary architecture and stylish interiors.

Premium Amenities

Offers a variety of high-quality facilities including pools, gyms, and recreational areas.

Scenic Location

Situated near lush golf courses and beautiful landscapes.

Weaknesses

High Cost of Living

Rental and maintenance costs can be significant compared to other developments.

Limited Public Transport

Accessibility may be challenging due to limited public transport options nearby.

Potential Noise Levels

Possible noise from nearby golf activities and development construction.

Considerations

Community Lifestyle

Ideal for those seeking a vibrant community with fellow golf enthusiasts.

Long Commute Times

Located on the outskirts of the city, which may lead to longer travel times to work.

Investments in Facilities

Check on ongoing investments in community infrastructure to ensure sustained growth.

Buildign Overview

Summary

Golf Promenade 5 is part of the luxurious Akoya by Damac community located within Damac Hills.
This building offers a serene environment, surrounded by lush landscapes, golf courses, and upscale facilities.
Conveniently situated near major highways for easy access to Dubai's hotspots.
Nearby landmarks include prominent shopping centers, parks, and recreational areas, making it an attractive location for residents.

Properties Overview

Features a mix of one, two, and three-bedroom apartments, designed with modern aesthetics and high-end finishes.
Rental prices typically range from AED 40,000 to AED 100,000 annually, depending on the unit size and features.
Sales prices for properties here can range from AED 600,000 to AED 1.5 million, offering various options for investors and buyers.

Market Trends

Currently, rental prices have shown a slight increase, with a 5% rise over the past year, reflecting the area's growing popularity.
Sales in the area have been stable with an average return on investment (ROI) of around 7%, making it an attractive option for real estate investors.
Future expectations suggest continued growth due to ongoing developments in the surrounding areas, alongside a steady demand for residential properties.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents have access to a variety of nearby supermarkets, schools, and healthcare facilities.
Prominent schools include nearby international institutions and community-based schools suitable for families.
Healthcare services are well-represented, with several hospitals and clinics within a short drive.

Transportation and Accessibility

Public transport options include buses and taxis that facilitate easy commuting to various parts of Dubai.
The building is positioned conveniently for car access with ample parking facilities for residents and visitors.

Lifestyle Amenities

The community boasts extensive lifestyle amenities, including fitness centers, jogging tracks, and swimming pools.
Various dining options are available within the community, ensuring a vibrant social atmosphere.
Outdoor recreational areas promote an active lifestyle with gardens, sports facilities, and picnic areas.

Builing Facilities

Equipped with high-speed elevators, robust security systems, and central air conditioning for year-round comfort.
Maintenance services are readily accessible, ensuring the upkeep of the property and facilities.

Special Services

The building offers concierge services to assist residents with everyday needs and enhance their living experience.
Business centers and meeting rooms provide professional spaces for residents who work remotely or require business facilities.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of contemporary floor plans are available, catering to different preferences and family sizes.
Each unit is thoughtfully designed to maximize space and light, ensuring a comfortable living experience.

Things to Consider

Prospective tenants and buyers should assess community amenities, property maintenance, and potential for appreciation.
Review current market trends and local developments that may influence property value over time.

Useful FAQs and Support

Events and Building Life

Building Events

Regular community gatherings and social events encourage interaction among residents, fostering a friendly neighborhood atmosphere.

Community Identity

Golf Promenade 5 emphasizes a lifestyle focused on luxury, comfort, and community engagement, appealing to both families and professionals.

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Detailed Buiding Insights

1. Family Friendliness

Golf Promenade 5 is designed with families in mind, featuring spacious homes, community parks, and kid-friendly amenities, which creates a friendly and inviting environment for families.

Exceptionally Welcoming

2. Living Options

The community offers a variety of living options, including luxury villas and townhouses, catering to different family sizes and lifestyles.

Broadly Diverse

3. Safety And Security

The community is gated and features 24-hour security surveillance, ensuring a safe and secure environment for residents, which is particularly reassuring for families.

Remarkably Secure

4. Transportation

While public transport options are available, residents often rely on private vehicles for commuting. The roads leading to and from the community are well-maintained.

Moderately Convenient

5. Amenities And Facilities

Golf Promenade 5 offers a wealth of amenities, including a golf course, swimming pools, playgrounds, and retail shops, enhancing the overall living experience for residents.

Richly Equipped

6. Cost Of Living

The cost of living in Golf Promenade 5 is comparable to other premium communities in Dubai, providing good value considering the quality of amenities and living standards.

Relatively Balanced

7. Things To Do

Residents can enjoy a variety of recreational activities including golfing, fitness centers, and community events, ensuring there is always something to do.

Vibrantly Diverse

8. Noise Levels

The community is designed to minimize noise pollution, offering tranquil surroundings that contribute to a peaceful living environment.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly with designated areas for pets to play, making it a welcoming environment for pet owners.

Warmly Accommodating

Schools

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Key Information

Developer: Damac Properties

Building Type: Residential

Building Age: 9Years (Completed in 2016)

Unit Types : Studio, 1, 2 and 3-bedroom apartments

Floors: 9 Floors

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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