Property Makler
Advanced analytics for residential real estate investing

UAE Dubai

   

Home   Cap rates   Online Property Valuation   Market Research  

Navitas Tower A in Damac Hills 2 - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Navitas Tower A

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio2712,697346,000
13910,786424,000

Rents in Navitas Tower A

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
14282434,867
26594661,500

The cap rate (rental yield) of investments into Navitas Tower A project is 7.9% on average.

The price of an apartment in Navitas Tower A is 11,278 AED/sqm on average.

Price for completed Studio apartment in Navitas Tower A is 346,000 AED or 12,697 AED/sqm.
Price for completed 1 bedroom apartment in Navitas Tower A is 424,000 AED or 10,786 AED/sqm.

Rent in Navitas Tower A is 10,786 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Navitas Tower A is 34,867 AED or 824 AED/sqm.
Rent for 2 bedroom apartment in Navitas Tower A is 61,500 AED or 946 AED/sqm.

About Navitas Tower A

'Navitas Tower A' in 'Damac Hills 2' area project description

Navitas Tower A is part of the expansive and ambitious Damac Hills 2 (formerly known as Akoya Oxygen) development in Dubai. Conceived by Damac Properties, one of the most prominent developers in the UAE, this project aims to encapsulate modern living with a touch of luxury and sustainability, mirroring the vision of the entire Damac Hills 2 community. The area is designed to provide a serene lifestyle within a lush, green environment, setting it apart from the hustle and bustle traditionally associated with Dubai.

Rising above the landscape, Navitas Tower A stands as a beacon of contemporary architecture. Its design aesthetic leans towards sleek lines, large glass windows, and high-quality materials, offering residents not just a home but an emblem of modernity and elegance. The tower features a range of residential units including studio apartments, one-bedroom, and two-bedroom apartments, all designed to maximize space and light. Interiors are thoughtfully laid out, with high-end finishes and fixtures that reflect both functionality and sophistication.

Amenities within Navitas Tower A are extensive, aimed at enhancing the quality of life for residents. A state-of-the-art gymnasium, swimming pool, and dedicated kids’ play area cater to various lifestyle needs. Additionally, the tower offers a range of retail outlets at its base, providing convenient shopping and dining options without the need for long commutes. The incorporation of eco-friendly technologies and practices further underscores the project’s commitment to sustainable living, aligning with the ethos of the broader Damac Hills 2 master plan.

Damac Hills 2 itself offers a plethora of community features that complement the lifestyle offered by Navitas Tower A. The area boasts expansive parks, water features, and a plethora of recreational facilities such as golf courses, tennis courts, and jogging tracks. Furthermore, the emphasis on greenery and open spaces ensures that residents have ample opportunity to engage with nature, which is a rare luxury in urban environments.

The location of Navitas Tower A in Damac Hills 2 provides a balanced blend of accessibility and tranquility. It is situated close enough to major road networks like the Al Qudra Road, which ensures seamless connectivity to other parts of the city, including Downtown Dubai and the Dubai Marina. Conversely, the location is far enough from the central urban sprawl to offer a peaceful retreat.

Navitas Tower A exemplifies contemporary, luxurious living while emphasizing sustainability and community-centric amenities. It promises a lifestyle that harmonizes modern comforts with the natural environment, catering to the needs of discerning residents looking for both convenience and serenity.

Q&A on Navitas Tower A

What are the advantages of 'Navitas Tower A' project in Dubai for property buyers? What are the disadvantages?

Advantages of Navitas Tower A in Damac Hills 2

1. Affordable Luxury: Often priced competitively compared to central Dubai locations, offering luxury amenities without the hefty price tag.
2. Modern Design: Contemporary architectural style, well-designed interiors, and high-quality finishes appeal to modern tastes.
3. Amenities: Access to a variety of amenities such as swimming pools, fitness centers, sports facilities, retail outlets, and dining options.
4. Green Spaces: Located in Damac Hills 2, which is known for its extensive green spaces and parkland, providing a pleasant living environment.
5. Family-Friendly: Includes kid-friendly facilities and schools in close proximity, making it ideal for families.
6. Community Living: Part of a larger, master-planned community which fosters a sense of exclusivity and social interaction.
7. Potential for Appreciation: As an emerging area, property values may appreciate as infrastructure and amenities develop further.
8. Developer Credibility: Damac Properties is a well-known and established developer with a track record of successful projects.

Disadvantages of Navitas Tower A in Damac Hills 2

1. Location: Located further from central Dubai, which might be a concern for those who need to commute daily to the city center.
2. Public Transport: Limited public transport options in the immediate vicinity could necessitate owning a private vehicle.
3. Infrastructure Development: As a developing area, some parts of Damac Hills 2 might still be under construction, leading to temporary inconveniences such as noise and dust.
4. Commercial Facilities: Fewer commercial establishments and entertainment options compared to more central locations.
5. Market Volatility: Property values in emerging areas can be more volatile and subject to market changes.
6. Occupancy Rates: In new areas, there might be concerns about initial occupancy rates and the vibrancy of the community.
7. Resale Market: Selling in a less established area could take longer compared to highly sought-after central locations.
8. Distance from Major Attractions: Proximity to Dubai’s major attractions and business districts might not be as convenient due to the distance.

These factors should be carefully weighed when considering investing in the Navitas Tower A project. It's essential to align the property's advantages and disadvantages with personal preferences and long-term investment goals.

What are the closest schools to 'Navitas Tower A' project in Dubai?

- Jebel Ali School: Located in Damac Hills, approximately 15 minutes away from Navitas Tower A.
- Fairgreen International School: Situated in The Sustainable City, around 20 minutes from Damac Hills 2.
- South View School: Found in Remraam Community, about 25 minutes from Damac Hills 2.
- GEMS Metropole School: Located in Motor City, roughly 25 minutes drive from Navitas Tower A.
- Ranches Primary School: In Arabian Ranches 2, approximately a 30-minute drive from Damac Hills 2.




Property Makler © 2024  Contacts  T&C  About