GEMS Estates 1

Price on demand
Q3 2024
Delivery date
Damac Properties
Developer
Freehold
Ownership type
Villa
Real estate type

GEMS Estates 1

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Gems Estates 1, DAMAC Hills, Dubai

About project

Start year
2022
Delivery year
2024
Number of units
33
Total area
30436 m²
Number of villas
33
DLD number
2456

Description

Experience an absolutely luxurious lifestyle with the exclusive collection of villas at Gems Estate, located in the premium DAMAC Hills community. The sophistication and elegance are embodied in every detail of the designer villas, with contributions from representatives of the legendary brands de Grisogono and Cavalli.

Architecture

DAMAC Properties offers 3-story villas with 5 bedrooms, as well as 4-story villas with 6 and 7 bedrooms. All residences have spacious terraces and balconies, a separate maid's bedroom, and a library. The villa sizes range from 377 to 2,281 square meters. Each villa is a work of art, with exclusive interiors inspired by renowned jewelry brands. The unique combination of gold and precious stones, dark details, and panoramic glazing create a refined living space.

Location

The Gems Estate project is conveniently located, allowing residents to reach key Dubai landmarks using public or private transportation. The community is surrounded by essential social facilities such as public centers, supermarkets, medical institutions, kindergartens, and schools.

Infrastructure

Villa residents have access to a set of exclusive amenities: • Private indoor pool and jacuzzi. • Equipped gym. • Game room, cigar lounge, and driver's room. • Sauna and steam room. • Elevator. • Infinity pool with a scenic view. • Two types of kitchens (show & dirty). • Home cinema. In addition, owners can use premium leisure facilities located within the DAMAC Hills community: • Private white beach and a wave pool covering an area of 2,300 square meters. • The famous Trump International Golf Club. • Developed sports infrastructure: cricket, football, tennis, volleyball, and basketball fields. • Skate park and ice rink. • Pet farm and horse stable.
Gems Estate from DAMAC Hills is an excellent solution for investment. Along with real estate in one of the most attractive residential areas, the buyer also receives a "Golden Visa." The residential units in the community are profitable for investment and ideal for personal living.

Features and amenities

AmenityKids Play Area
AmenityCinema
AmenitySwimming Pool
AmenityBarbeque Area
AmenityKids Pool
AmenityLounge Area

Payment plan

We calculated possible payment options for the GEMS Estates 1

1

At the booking stage

4% DLD

20%

2

After booking

2-3%, 5%

40%

3

During the handover of the project

after completion of construction in the fourth quarter of 2025

40%

Protected with escrow account

Escrow account
465511920027
After signing a contract with the developer, the buyer of an apartment in a building under construction transfers money to an escrow account in a bank, opened specifically for this project. The developer will only receive the money after the construction is completed. If this does not happen, the buyer gets their money back.
Escrow company logo

Construction progress

Updated: December 5, 2023
Readiness: 9.52%
project inspections
project inspections
project inspections
project inspections
project inspections

Trakheesi system

DLD permit number
Trakheesi is a licensing and control system introduced by the Dubai Land Department (DLD) to regulate real estate activities in Dubai. A key element of the system is the mandatory "Trakheesi permit" required for the publication of any real estate advertisements, ensuring market transparency and consumer rights protection.

Prelaunch

Prelaunch - preliminary announcement of the project. At this stage, you can familiarize yourself with the characteristics of the project and book the opportunity to buy an apartment. That is, make a reservation for the object. If you do not have time to purchase the object, the reservation will be returned.
Price on demand
Delivery Date:
Q3 2024
Ownership type:
Freehold
Updated:
03/30/2024
Developer: Damac Properties
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Location

FAQ

Discover GEMS Estates 1

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