DAMAC Properties presents the luxury residential complex DAMAC Casa with favorable purchase conditions and return on investment. You should also pay attention to OMNIYAT, which presents the luxury residential complex Vela Viento.
The world-famous developer DAMAC Properties presented the new high-rise complex DAMAC Casa. The tower is being built in the coastal area of Al Sufouh. The convenient location will allow future residents to enjoy views of the artificial islands of Palm Jumeirah and Burj Al Arab.
The luxury tower will feature 43 residential floors housing a collection of 1-5 bedroom residences. You will have the opportunity to choose from two types of apartments: luxury and super-luxury. Properties from the super-luxury collection will be presented with a private pool on the terrace.
Residents will have access to luxurious amenities from DAMAC Properties, including an aquarium at the entrance, an island pool in the middle of an artificial beach on the roof of the podium, an aqua spa, an area for aqua aerobics and hydrotherapy, a rain room and other installations in common areas, a palm garden, floating loungers, etc. Areas for recreation and entertainment will be located on the lower common floors, the podium, and the roof of the building.
It is planned that the complex will be ready for occupancy in May 2028. In October 2023, the developer is offering one-bedroom apartments for purchase at prices starting from AED 2.5 million (USD 681 thousand). DAMAC Properties presents an exclusive opportunity to purchase a whole or half floor in the DAMAC Casa project. There are six full-floor property options to choose from. The cost starts from AED 23.9 million (USD 6.5 million).
The project is suitable not only for permanent residence but also for investment. Owners will be able to resell or rent out the property. At the beginning of the fourth quarter of 2023, the yield of one-bedroom apartments in the Al Sufouh area reached 8.6%. You can rent a similar option at an average cost of AED 95 thousand (USD 26 thousand) per year.
After the success of the exclusive Vela and Lana complexes, the developer OMNIYAT announces the launch of another luxury project – Vela Viento. The complex is being built next to the upcoming Vela Tower at Marasi Marina in Business Bay. Residents of Vela Viento will enjoy premium amenities nearby, including a marina and a private lagoon with a public beach club area.
Vela Viento will include two towers 180 m high. The design of the complex is being developed by OMNIYAT together with representatives of the architectural bureau Foster + Partners from the UK.
The company has created projects such as ICD Brookfield Place in Dubai and Apple Tower Theater in Los Angeles.
The announced complex features 93 luxurious residences, including apartments with 2-4 bedrooms and penthouses. Residents have access to maximum privacy – all objects are located one per floor, and the elevator opens directly into a private foyer. On your own terrace, you can swim in the private pool.
Unique features of the Vela Viento residences include interior design and furnishings by Parisian studio Gilles & Boissier. The company has worked on furnishings for the fashion house Moncler and restaurants of the Hakkasan brand.
The project is scheduled to be ready for occupancy in 2027. According to information as of October 2023, the cost of residences in Vela Viento starts from AED 20 million (USD 5.4 million).