UTOPIA

AED18.1M

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AED18.1M

Overview

Studio, Villas
Property Type

Description

18,1M AED

STARTING PRICE

Easy 60/40

PAYMENT PLAN

Coming soon

HANDOVER

Utopia is a residential development in the green community of DAMAC Hills. Properties in the luxury community are made up of 6-7 bedroom elite villas, with a limited number of only 27 villas available for purchase. Residences are distinguished by a resort-inspired design with lush gardens and water features. Utopia, with its family-oriented amenities, generous living areas and Malibu Bay beach, is oriented to families with children.

Utopia is a luxurious community with urban resort villas in the vibrant area of DAMAC Hills. The development company of the neighbourhood is DAMAC Properties, which boasts the famous project of DAMAC Lagoons. Utopia is designed in accordance with the sustainability criteria of the UAE as DAMAC Properties supports the UAE’s Net Zero ambitions and uses locally-sourced materials. The residences have been designed to maximise natural light in order to rely less on light energy sources.

The community offers villas in two clusters — 7 units in the Charlotte cluster and 20 units in the Augusta cluster.The total areas of the units range from 13,555 sq. ft to 25,317 sq. ft. Residences with 6-7 bedrooms are distinguished by their resort-inspired design with lush gardens and water features. There are four floors in each home and the layouts of the units include a cinema, family lounge areas, a terrace, a gym, and steam and sauna rooms. Each property also has its own private lift, which is sure to provide the maximum level of comfort to its residents. Villas offer parking for two cars, a garden and a private swimming pool with a leisure zone, where you can relax after a long day.

Residents of Utopia can enjoy an eco-conscious lifestyle in a tranquil green community with access to a wide array of amenities within the DAMAC Hills community. Sports lovers can appreciate the numerous facilities for basketball, football, tennis and volleyball as well as Trump International Golf Club. Dedicated BBQ areas and Picnic Park are ideally suited for a nice time outdoors with your friends or family. Other communal facilities include Malibu Bay beach, Central Park, Fruit Park, a petting zoo and a lake, just to name a few. Utopia is excellent for families with children as there is a children’s playground, Kids Crazy Golf and ice rink here.

The Utopia community is located in the DAMAC Hills community, which provides an eco-conscious lifestyle to its residents. Villas here are surrounded by all the essential day-to-day infrastructure to make life convenient. For everyday shopping, residents can go to Carrefour Supermarket, Spinneys Supermarket and Viva Supermarket around the Utopia community. DAMACMall – DAMAC Hills has lots of different brands and restaurants and is located within the territory of the neighbourhood. Some popular restaurants in close proximity to Utopia include Twin Burger, Shack Caddy, Vietnamese Foodies Damac Mall, Prato Restaurant, and FireLake Grill House Restaurant & Bar, just to name a few.

Educational institutions within the DAMAC Hills territory include CreaKids Nursery and Jebel Ali International School. Kindergartens and schools located within a 10-minute drive include Cherry Tree Nursery – Town Square, Step By Step Nursery – Dubailand and Ranches Primary School.

Residents can receive quality medical services in the local Saudi German Clinic and Vitalite Medical Centre. Other medical institutions, such as Aster Clinic and Kairon Polyclinic, are less than a 10-minute drive away.

Residents of Utopia can easily reach a couple of the main highways in Dubai, Sheikh Zayed Bin Hamdan Al Nahyan Street and Emirates Road, which provide fast access to other areas of the emirate. Travel time to Al Maktoum International Airport is 25 minutes, while Dubai International Airport can be reached within an hour by car.

Utopia is an ideal living destination for families with children as 5–7 bedroom villas provide generous living areas and family lounge zones. The location in the DAMAC Hills community gives residents access to a well-developed infrastructure, including supermarkets, restaurants, clinics and educational institutions.

Elite residences in Utopia, surrounded by parks, lakes and gardens, will be in high demand for long-term rental. Investors can rent out the luxury villas and receive a stable passive income. As of Q4 2023, the average rental price for a 6-bedroom villa in DAMAC Hills is AED 300K (USD 82K) per year, which means that the estimated ROI will start from 4%.

By buying a property in Utopia, foreign investors can receive a 10-year UAE Golden visa which also allows family sponsorship.