Major developer and investment company Emaar Properties has announced the launch of sales for off-plan villas in the new complex, Alana in Dubai, UAE. The project will be part of the closed community, The Valley. The village will include three types of townhouses:
The complex will have two artificial rivers on the premises. Pedestrian paths will be laid near the water bodies, and landscaped gardens, sports and recreation areas will be arranged. A community centre will also operate in the village.
When purchasing an under-construction three-bedroom villa in Alana, the price from the developer will start at AED 3.5 million (USD 953,000). By the time construction is completed in May 2027, the property’s value is expected to increase.
Alana in The Valley is adjacent to three low-rise villages: Nima, Rivana, and Elora. The new community is strategically located:
The complex will have convenient access to the Dubai – Al Ain Road, ensuring excellent connectivity with other parts of the city. Within a 10-minute drive, there are:
Within 15 minutes, one can reach Zayed University UAE and the Al Habtoor Polo Resort equestrian club and within 25 minutes – Dubai International Airport and Downtown Dubai. The journey to the Jumeirah coastline and the city centre will take about half an hour.
Purchasing properties in Dubai is a popular way to preserve and increase capital. Housing prices in the emirate increase annually. For example, in 2022, the cost of ready villas increased by 8.5%, and under-construction villas appreciated by 23%. In 2023, the expected average price growth is 13.5%.
Buying a home at an early stage of construction allows an investor to achieve a profit of up to 30% of the initial price by the time construction is completed.
Comfortable spacious villas in the green community of The Valley will be in high demand among tenants, including families with children and those who value comfortable suburban living. While the area is still in the development stage, there are no rental rates and property profitability statistics. Nevertheless, investors can assess the potential profit based on data from neighbouring areas, where the average profitability of a three-bedroom villa is 6.4%.
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The three-storey villas in the complex will have a stylish and concise design with flat roofs and large windows as well as premium-class finishes in neutral light tones. Each house will have a fenced front yard with parking for three cars, lush green open spaces and a terrace with a pool.
The first floor of the house will include:
The second floor of the villa will house three or four bedrooms, two or three bathrooms, and between two and four balconies. The master bedroom will have a walk-in wardrobe and other bedrooms will have spacious built-in wardrobes. Five-bedroom villas will also have a family relaxation room.
The layout of the third floor includes a spacious family lounge area, a bathroom and a large terrace.
Among the main advantages of the new village, the following can be highlighted:
Emaar Properties is one of the world’s most valuable and admired real estate development companies. With proven competencies in properties, shopping malls & retail and hospitality & leisure, Emaar shapes new lifestyles with a focus on design excellence,...