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Golf Promenade 5A, DAMAC Hills

Golf Promenade 5A, DAMAC Hills

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DAMAC Hills, Dubai

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Strengths

Modern Design

Amenities

Location

Weakens

High Maintenance Fees

Limited Public Transport

Noise Levels

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Buildign Overview

Summary

  • Golf Promenade 5A is a modern residential development located within the prestigious DAMAC Hills community, known for its luxurious living.
  • Strategically situated near major roadways and public transport options, residents have easy access to the bustling city of Dubai.
  • The surrounding area boasts a variety of amenities and landmarks, including golf courses, parks, shopping centers, and leisure facilities.

Properties Overview

  • The building features a selection of residential units, including spacious apartments and luxurious penthouses ideal for families and individuals alike.
  • Currently, units for rent range from AED 50,000 to AED 120,000 per annum, while purchase prices vary between AED 800,000 and AED 1.5 million depending on size and layout.

Market Trends

  • Rental prices have shown a moderate increase over the past year, with a steady demand for quality housing in DAMAC Hills.
  • Buying trends indicate a healthy interest from both local and international investors seeking properties with competitive ROI, which stands at approximately 7%.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy proximity to essential services such as supermarkets, reputable schools, and healthcare facilities, including hospitals and clinics, offering convenience and peace of mind.

Transportation and Accessibility

  • The building is well-connected through public transport networks, with dedicated parking spaces available, making commuting easy for residents.

Lifestyle Amenities

  • The community offers a plethora of recreational activities, including sports facilities, parks, fine dining restaurants, and vibrant cafés, enhancing the overall lifestyle experience.

Builing Facilities

  • Golf Promenade 5A is equipped with state-of-the-art amenities including high-speed elevators, round-the-clock security, centralized air conditioning, and professional maintenance services.

Special Services

  • Residents also benefit from unique services such as concierge support, guest services, and access to business centers, catering to both lifestyle and professional needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available to suit different preferences, including one-, two-, and three-bedroom apartments, ideal for various family sizes and lifestyles.

Things to Consider

  • Prospective tenants and buyers should evaluate unit size, community amenities, property management services, and future development plans in DAMAC Hills.

Useful FAQs and Support

Events and Building Life

Building Events

  • Golf Promenade 5A hosts regular community events and social gatherings, fostering a sense of community among residents.

Community Identity

  • The building is distinguished by its modern architectural design and a harmonious blend of luxury and functionality, appealing to both residents and investors.

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Detailed Buiding Insights

1. Family Friendliness

The community offers a variety of family-oriented activities, parks, and recreational facilities, making it an excellent environment for families with children.

Exceptionally Welcoming

2. Living Options

There is a wide range of living options available, including villas and apartments, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The community boasts 24/7 security and surveillance, ensuring a safe living environment for all residents.

Remarkably Secure

4. Transportation

While public transport options are available, a personal vehicle is preferred for easier access to nearby amenities and city centers.

Moderately Convenient

5. Amenities And Facilities

Golf Promenade 5A features an abundance of amenities including swimming pools, gyms, parks, and proximity to golf courses, enhancing residents' quality of life.

Richly Equipped

6. Cost Of Living

The cost of living is competitive compared to similar communities, making it an attractive option for both renters and buyers.

Relatively Balanced

7. Things To Do

There are numerous recreational and social activities available, from outdoor sports to community events, catering to a wide range of interests.

Vibrantly Diverse

8. Noise Levels

The community maintains a tranquil atmosphere, although some areas near busy streets may experience higher noise levels.

Generally Peaceful

9. Pet Friendliness

Golf Promenade 5A is pet-friendly with various parks and open spaces, allowing residents to enjoy quality time with their pets.

Warmly Accommodating

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (0Beds)
Rent
44.1K AED
apartment (1Beds)
Rent
67.5K AED
apartment (3Beds)
Rent
152.5K AED
apartment (2Beds)
Rent
156.2K AED
apartment (0Beds)
Sale
463.4K AED
apartment (1Beds)
Sale
843.3K AED
apartment (2Beds)
Sale
1.8M AED
apartment (3Beds)
Sale
2.4M AED

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Key Information

Buy: 280.3K AED - 3M AED

Rent: 33K AED - 190K AED

Developer: DAMAC Properties

Building Type: Residential

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

Floors: 9

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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