GEMS ESTATES
About GEMS ESTATES
About Gems Estates
Gems Estates in Damac Hills is an under-construction residential community from the famous developer, Damac Properties, one of the best examples of luxury real estate in Dubai. The community is a collection of unique prime villas. Construction completion is scheduled for the 4th quarter of 2025. You can get acquainted with the layout and prices of luxury real estate on our website, especially in the Keturah Reserve project, are available on the website!
Villas in Gems Estates
The residential complex offers spacious 5-, 6-, and 7-bedroom villas. Unique layouts and one-of-its-kind interiors designed for each property type make the villas comfortable and sought-after. The bright design is associated with luxury. Each residence features a well-maintained territory with a swimming pool and a lounge area.
5-bedroom villas have 2 levels and a rooftop lounge area.
The terrace is equipped with a jacuzzi and features a panoramic view of the green spaces. In addition to the bedrooms, bathrooms, dining room, and living room, the layouts include a separate library, as well as dressing rooms, guest bathrooms, and a pantry. There is a parking lot for vehicles.
6- and 7-bedroom residences are equipped with a basement, which contains a garage, a cinema, and free rooms of various functions. Elevators are provided for the convenience of residents. These spacious premises are equipped with two kitchens and rooms for staff. Villas are commissioned ready to move in, equipped with exquisite furniture, all the necessary household appliances and sanitary appliances.
Advantages of Gems Estates
Property owners get access to the well-developed internal infrastructure of the area, which includes:
- Golf club with a large golf course;
- Football fields and basketball courts;
- Lush green parks;
- Kindergarten and school;
- Zoo;
- Cafes and restaurants near Gems Estates;
While the area is under construction, private vehicles remain the main transport option. You can also use the popular car rental service near Gems Estates. The closest beaches are 35 minutes away at Jumeirah Beach. You’ll need the same time to get to the central Dubai area, Downtown Dubai, and the largest attraction in the UAE, the Burj Khalifa skyscraper.
Malls and supermarkets in Gems Estates
The nearest supermarkets near the residential complex are branches of the large chains Carrefour and Spinneys. The general development plan includes the construction of a large mall in the territory of the area. But for now, Dubai Outlet Mall remains the closest shopping option. It is 20 minutes away.
Investing in Gems Estates
Villas with unique design feature high liquidity. This allows you to plan both long-term and short-term investments in Damac Hills real estate. Currently, you can buy premium villas and save up to 20% of the potential market value. This will allow you to resell housing at the time of its delivery with a significant profit.
It is equally profitable to rent out property. The profitability ratio of spacious villas in the area reaches 4.5% per year. With rents rising steadily in Dubai and vacant space in high demand among tenants all year round, investing in Gems Estates real estate would be a smart move.
Buying property in Gems Estates
The 5-bedroom residences in Gems Estates start at AED 17,200,000 ($4,680,000). At the same time, prices tend to rise, so it is more profitable to invest in overseas real estate right now. Buying a villa in a residential complex allows you to apply for a 10-year resident visa, which can be important when planning moving to permanent residence.
Villas at the price of the developer can be purchased in installments without spending extra money on mortgage loans. Professional brokers will help you choose a house to move to permanent residence or as an investment property in Dubai. To get advice, just fill out the feedback form.
Project details
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Benefits of buying property in Gems Estates
Community living
Gems Estates is an under-construction gated community of villas in the Damac Hills area. Construction completion is scheduled for the 4th quarter of 2025. The residential complex is a collection of unique 5-, 6-, and 7-bedroom villas. The living area of the villas in Gems Estates varies from 377 to 2280 square meters. This is an example of high-quality prestigious real estate in Dubai with the highest level of services and a wide range of premium amenities.
The gated community is intended for people appreciating comfort. The spacious house territory allows you to enjoy a secluded lifestyle, relax by your private pool, or gather friends in your own cinema. Dubai downtown and iconic landmarks such as the Burj Khalifa and Dubai Marina are less than half an hour's drive away.
Uniqueness
The complex features favorable location. The residents get access to a wide range of amenities located within the community. Each villa is thought out to the smallest detail and is designed to provide comfortable living. Unique design and exquisite furniture create the setting of sophisticated luxury. At the sales stage, a villa in Gems Estates can be purchased with a winning payment scheme: it is enough to pay 20% of the price for booking a residence, and then you should pay another 60% during construction. The remaining 20% is paid at the time the houses are handed over to the owners.
Architecture and design
The Gems Estates in Damac Hills was designed by Cavalli fashion house and De Grisogono jewelry company. The interiors combine the colors of black diamond and gold, which advantageously set off the overall white background of the walls.
The internal layout of the three-storey villas depends on the number of bedrooms. In addition to bedrooms, bathrooms, kitchens, and living rooms, the houses provide rooms for family recreation and rooms for staff. On the ground floor there is a garage and additional premises. You can move between floors with the help of an elevator. There is a rooftop terrace for relaxation and an area that the owner can arrange at their discretion.
Economic attractiveness
The residential complex is extremely profitable as an investment property in Dubai. Luxury real estate in the emirate is in high demand, and prices are steadily rising. Buying a property in Gems Estates can be considered both a short-term and long-term investment in Damac Hills real estate. The villas in the area have a good rate of return, reaching 4.5% per annum. This allows you to receive recurring passive income from renting a property out. Short-term investments in Gems Estates are especially profitable at the construction stage: by the time the houses are delivered, the property increases in price, and it can be resold with a profit of up to 20%.
Location
Akoya Oxygen is a new modern residential community in Dubai by leading developer Damac Properties. A green paradise amid an arid desert is the way to describe the Akoya Oxygen district. Ecology is the main purpose of the community. The developer sought to create a system that would not harm nature and the environment. For example, electricity is generated by solar panels that are installed on the roofs of buildings. The pools are also equipped with solar water heating systems. Eco-friendly and energy-efficient materials were used for the construction of houses, and the waste generated in the houses is recycled.
Developer
DAMAC Properties has been shaping the Middle East's luxury real estate market since 2002. To date DAMAC has delivered c. 43,700 quality homes, with c. 28,000 more under way.
- 4 985 000 AED - 15 078 000 AEDCompletion date IV quarter, 2024 (Off-plan)
- 6 200 000 AED - 75 000 000 AEDCompletion date IV quarter, 2023 (Off-plan)
- 3 450 000 AED - 4 798 800 AEDCompletion date IV quarter, 2023 (Off-plan)
- 16 534 000 AED - 121 554 000 AED
- 3 500 000 AED - 5 300 000 AEDCompletion date II quarter, 2027 (Off-plan)
- 555 000 AEDCompletion date II quarter, 2027 (Off-plan)
- 22 500 000 AED - 70 000 000 AEDCompletion date IV quarter, 2025 (Off-plan)
- 15 000 000 AED - 55 000 000 AEDCompletion date I quarter, 2025 (Off-plan)
- 30 000 000 AED - 60 000 000 AEDCompletion date IV quarter, 2026 (Off-plan)
- 4 390 000 AEDCompletion date I quarter, 2028 (Off-plan)
- 5 100 000 AED - 6 100 000 AEDCompletion date III quarter, 2026 (Off-plan)
- 2 890 000 AEDCompletion date I quarter, 2027 (Off-plan)