Avencia in Damac Hills 2 - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Avencia

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	117	7,278	850,000

Rents in Avencia

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	111	454	50,400

The cap rate (rental yield) of investments into Avencia project is 6.2% on average.

The price of an apartment in Avencia is 7,278 AED/sqm on average.

Price for completed 1 bedroom apartment in Avencia is 850,000 AED or 7,278 AED/sqm.

Rent in Avencia is 7,278 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Avencia is 50,400 AED or 454 AED/sqm.

About Avencia

'Avencia' in 'Damac Hills 2' area project description

Damac Hills (Avencia) is a residential development located in the heart of Dubai, UAE. It is a part of the larger Damac Hills master development, which is a luxurious residential and leisure destination. The Avencia project is a collection of high-end villas, apartments, and townhouses that offer a luxurious lifestyle for its residents.

The project is designed to provide a modern and comfortable living experience, with spacious living areas, modern amenities, and a variety of recreational facilities. The villas and townhouses have been designed to provide a sense of privacy and exclusivity, with private gardens and terraces. The apartments are designed to provide a modern and stylish living experience, with large balconies and terraces, and access to a range of amenities.

The project is located in close proximity to a number of attractions, including the Dubai International Financial Centre, Dubai Marina, and the Palm Jumeirah. It is also within easy reach of a number of shopping malls, restaurants, and entertainment venues.

The project is also home to a range of leisure facilities, including a swimming pool, gym, and tennis courts. There is also a range of retail outlets, including a supermarket, pharmacy, and convenience store.

The project is also home to a range of educational facilities, including a nursery, primary school, and secondary school. The project also offers a range of medical facilities, including a hospital, dental clinic, and pharmacy.

The project is also home to a range of community facilities, including a mosque, community centre, and parks. The project is also home to a range of sports facilities, including a football pitch, basketball court, and running track.

Overall, Damac Hills (Avencia) is a luxurious residential development located in the heart of Dubai, UAE. It offers a range of modern and stylish living spaces, with access to a range of amenities and leisure facilities. The project is also home to a range of educational, medical, and community facilities, making it an ideal place to live for families and individuals alike.

Q&A on Avencia

What are the advantages of 'Avencia' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Damac Hills (2) - Avencia is located in the heart of Dubai, close to major attractions such as the Dubai Mall, Burj Khalifa, and the Palm Jumeirah. This makes it an ideal choice for real estate buyers looking for a convenient location.

2. High-Quality Amenities: The project offers a range of high-quality amenities such as swimming pools, gyms, spas, and landscaped gardens. This makes it an attractive option for those looking for a luxurious lifestyle.

3. Affordable Prices: The project offers competitive prices, making it an attractive option for those looking to invest in real estate in Dubai.

4. Investment Potential: The project has the potential to generate high returns on investment due to its prime location and high-quality amenities. This makes it an ideal choice for real estate buyers looking to make a profitable investment.

What projects are better than 'Avencia' project in Dubai which are located close by, and why?

1. Akoya Oxygen
- Features: Known for its eco-friendly theme, numerous parks, and water features.
- Amenities: Trump World Golf Club, themed gardens, organic market, and wellness center.
- Community Living: Offers a variety of villa types and configurations, catering to different family needs in a sustainable environment.

2. Reem Community (Arabian Ranches 2)
- Features: A well-established and mature community with ample green spaces.
- Amenities: Community swimming pools, sports facilities, retail outlets, and educational institutions.
- Community Living: Features a mix of contemporary townhouses with access to numerous parks, cycling tracks, and leisure facilities.

3. Mudon
- Features: A family-oriented community with a focus on active lifestyles.
- Amenities: Central park with jogging tracks, sports courts, and retail options.
- Community Living: Emphasizes outdoor activities and includes numerous schools, healthcare, and dining options.

4. Mira Oasis (Reem)
- Features: Sports courts, pools, retail centers, and educational institutions.
- Amenities: Focus on an active lifestyle with multiple leisure facilities.
- Community Living: Provides townhouse living with ample outdoor spaces and community-centric facilities.

5. Town Square Dubai
- Features: An extensive master-planned community with numerous retail, dining, and entertainment options.
- Amenities: Skate parks, playgrounds, swimming pools, and retail centers.
- Community Living: Affordable living with a modern urban infrastructure supporting families and young professionals.

6. Serena
- Features: Vibrant, family-centric community with landscaped parks and recreational facilities.
- Amenities: Multiple community centers, sports courts, and swimming pools.
- Community Living: Mediterranean-inspired architecture with townhouses that include private gardens and easy access to community amenities.

7. Villanova
- Features: Large, family-focused community with varied housing options.
- Amenities: Community center, mosque, schools, and retail outlets.
- Community Living: Offers a variety of villa and townhouse configurations with a focus on family life and outdoor activities.

What are the closest schools to 'Avencia' project in Dubai?

- Jebel Ali School: Located in Akoya, DAMAC Hills, it's one of the closest schools to the Avencia project. It offers a British curriculum and caters to students from FS1 to Year 13.
- Fairgreen International School: Situated in The Sustainable City, this school provides an International Baccalaureate (IB) curriculum and focuses on sustainability and environmental education.
- South View School: Located in Remraam, it's another option that follows the British curriculum, serving students from FS1 to Year 12.
- Gems Metropole School: Found in Motor City, it also offers a British curriculum and has facilities for students from FS1 to Year 13.
- GEMS FirstPoint School: Located in The Villa, this institution follows the British curriculum and caters to students from FS1 to Year 13.

What are the closest medical clinics to 'Avencia' project in Dubai?

Emirates Hospital Day Surgery & Medical Center – Motor City
- Location: Detroit House, Motor City, Dubai

Mediclinic Parkview Hospital
- Location: Umm Suqeim Road, Al Barsha South, Dubai

Mediclinic Arabian Ranches
- Location: Retail Centre 2, Arabian Ranches, Dubai

Saudi German Hospital Clinic – Damac Hills
- Location: Damac Hills, Dubai

Aster Clinic - Arabian Ranches
- Location: The Ranches Souk, Arabian Ranches 2, Dubai