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UTOPIA by DAMAC Properties in DAMAC Hills
Utopia is an exclusive residential development nestled within the verdant community of DAMAC Hills. Comprising a limited collection of only 27 elite villas, the luxurious properties boast 6-7 bedrooms each. These residences are characterized by a resort-inspired design, featuring lush gardens and captivating water features.
Utopia stands out as a family-oriented haven, with amenities tailored to meet the needs of families with children. The spacious living areas and the allure of Malibu Bay beach contribute to the community's appeal, creating an ideal environment for families seeking a harmonious and upscale lifestyle.
Utopia stands as a luxurious residential community featuring urban resort villas in the dynamic DAMAC Hills area. Developed by DAMAC Properties, renowned for notable projects like DAMAC Lagoons, Utopia aligns with the UAE's sustainability goals, utilizing locally-sourced materials and emphasizing natural light to reduce dependence on energy sources.
This exclusive community comprises two clusters: the Charlotte cluster with 7 units and the Augusta cluster with 20 units. The residences, spanning from 13,555 sq. ft to 25,317 sq. ft, offer 6-7 bedrooms and showcase a resort-inspired design with lush gardens and water features. Each villa, spanning four floors, encompasses amenities such as a cinema, family lounges, terraces, gyms, steam and sauna rooms. Private lifts enhance convenience, and the properties include parking for two cars, gardens, and private swimming pools with leisure zones.
Utopia residents embrace an eco-conscious lifestyle within the serene DAMAC Hills community, enjoying various amenities, from sports facilities like basketball, football, tennis, and volleyball to the Trump International Golf Club. Dedicated BBQ areas, Picnic Park, Malibu Bay beach, Central Park, Fruit Park, a petting zoo, and a lake add to the community's allure. Ideal for families, Utopia features children's playgrounds, Kids Crazy Golf, and an ice rink.
The premium villas in Utopia, surrounded by parks, lakes, and gardens, are poised for high demand in the long-term rental market. Investors can capitalize on this by renting out these luxury residences, potentially yielding an estimated starting ROI of 4% based on the Q4 2023 average rental price of AED 300K (USD 82K) per year for a 6-bedroom villa in DAMAC Hills.
Foreign investors purchasing property in Utopia stand to gain a 10-year UAE Golden visa, which extends family sponsorship privileges.
Project in Numbers
Area
13,555 to 25,317 sq. ft.
Handover
Bedrooms
5
to
7
Starting Price
AED 18.1M
Payment Plan
Easy 60/40
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