Beautiful view
GEMS ESTATES
5 820 000 AED - 23 160 000 AED
ID 284
Location:DAMAC Hills, Dubai
TypeDevelopment
Completion dateIV quarter, 2025 (Off-plan)
5 bedroomsmin. 5 820 000 AED
6 bedroomsmin. 17 200 000 AED
7 bedroomsmin. 23 160 000 AED
Living space377 - 2281 m²
Advantages
Type of buildings:
Luxury
Prestigious neighborhood
Akoya Oxygen
Eco-friendly area
Downpayment from
10% Location
- Close to shopping malls
- Close to the kindergarten
- Prestigious district
- Near the golf course
- Great location
- Beautiful view
Features
- Panoramic windows
- Balcony
- Terrace
- Flooring
- Finished
- Good quality
- New project
- Low-rise buildings
- Tap water
- Electricity
- Driveway to the land plot
Indoor facilities
- Child-friendly
- Laundry
- Veranda
- Storage room
- Recreation area
Outdoor features
- CCTV
- Landscaped garden
- Landscaped green area
- Transport accessibility
- No industry facilities
- Social and commercial facilities
- Backyard
- Car park
- Garden
- Footpaths
- Well-developed facilities
- Swimming pool
Features
Community living
Gems Estates is an under-construction gated community of villas in the Damac Hills area. Construction completion is scheduled for the 4th quarter of 2025. The residential complex is a collection of unique 5-, 6-, and 7-bedroom villas. The living area of the villas in Gems Estates varies from 377 to 2280 square meters. This is an example of high-quality prestigious real estate in Dubai with the highest level of services and a wide range of premium amenities.
The gated community is intended for people appreciating comfort. The spacious house territory allows you to enjoy a secluded lifestyle, relax by your private pool, or gather friends in your own cinema. Dubai downtown and iconic landmarks such as the Burj Khalifa and Dubai Marina are less than half an hour's drive away.
Uniqueness
The complex features favorable location. The residents get access to a wide range of amenities located within the community. Each villa is thought out to the smallest detail and is designed to provide comfortable living. Unique design and exquisite furniture create the setting of sophisticated luxury. At the sales stage, a villa in Gems Estates can be purchased with a winning payment scheme: it is enough to pay 20% of the price for booking a residence, and then you should pay another 60% during construction. The remaining 20% is paid at the time the houses are handed over to the owners.
Architecture and design
The Gems Estates in Damac Hills was designed by Cavalli fashion house and De Grisogono jewelry company. The interiors combine the colors of black diamond and gold, which advantageously set off the overall white background of the walls.
The internal layout of the three-storey villas depends on the number of bedrooms. In addition to bedrooms, bathrooms, kitchens, and living rooms, the houses provide rooms for family recreation and rooms for staff. On the ground floor there is a garage and additional premises. You can move between floors with the help of an elevator. There is a rooftop terrace for relaxation and an area that the owner can arrange at their discretion.
Economic attractiveness
The residential complex is extremely profitable as an investment property in Dubai. Luxury real estate in the emirate is in high demand, and prices are steadily rising. Buying a property in Gems Estates can be considered both a short-term and long-term investment in Damac Hills real estate. The villas in the area have a good rate of return, reaching 4.5% per annum. This allows you to receive recurring passive income from renting a property out. Short-term investments in Gems Estates are especially profitable at the construction stage: by the time the houses are delivered, the property increases in price, and it can be resold with a profit of up to 20%.
Location
DAMAC Hills - Ventura
500 m
School
4.7 km
ATM machine
2.6 km
Burj Khalifa
25.4 km
Pharmacy
300 m
Airport
39 km
Ripley's Believe It Or Not
12.7 km
Sea
14.9 km
Akoya Oxygen
Akoya Oxygen is a new modern residential community in Dubai by leading developer Damac Properties. A green paradise amid an arid desert is the way to describe the Akoya Oxygen district. Ecology is the main purpose of the community. The developer sought to create a system that would not harm nature and the environment. For example, electricity is generated by solar panels that are installed on the roofs of buildings. The pools are also equipped with solar water heating systems. Eco-friendly and energy-efficient materials were used for the construction of houses, and the waste generated in the houses is recycled.
Video
Payment plan
Payment number
Phase
Payment (%)
Down Payment20%
On Booking
20%
1st Instalment5%
Within 3 months from booking date
5%
2nd Instalment5%
Within 6 months from booking date
5%
3rd Instalment5%
Within 9 months from booking date
5%
4th Instalment5%
Within 12 months from booking date
5%
5th Instalment3%
Within 15 months from booking date
3%
6th Instalment3%
Within 18 months from booking date
3%
7th Instalment3%
Within 21 months from booking date
3%
8th Instalment3%
Within 24 months from booking date
3%
9th Instalment2%
Within 27 months from booking date
2%
10th Instalment1%
Within 30 months from booking date
1%
11th Instalment1%
Within 33 months from booking date
1%
12th Instalment1%
Upon 70% Construction Completion
1%
13th Instalment1%
Upon 80% Construction Completion
1%
14th Instalment1%
Upon 90% Construction Completion
1%
15th Instalment1%
Upon 95% Construction Completion
1%
16th Instalment40%
On Completion
40%
Properties in GEMS ESTATES
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5 820 000 AED56377 m²Completion date IV quarter, 2025 (Off-plan)
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17 200 000 AED67537 m²Completion date IV quarter, 2025 (Off-plan)
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23 160 000 AED782281 m²Completion date IV quarter, 2025 (Off-plan)
Developer
291
Objects completed
286
Objects in work
2002
Founded in
DAMAC Properties has been shaping the Middle East's luxury real estate market since 2002. To date DAMAC has delivered c. 43,700 quality homes, with c. 28,000 more under way. DAMAC has become synonymous with iconic projects setting new standards for...
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