Damac is one of the highly renowned developers in Dubai for it offers a lifestyle that is beyond your imagination. Anyone who wishes to lead a luxurious life in Dubai, look forward to properties that are developed under the flagship of this real estate developer. Apart from offering a luxurious lifestyle, Safa Gate by Damac is known for offering several other benefits to the residents.
The property is located at such a place that sees rapid capital appreciation which means it is a good property from the investment point of view. Anyone looking for property from the perspective of luxury, business, and nature can consider investing in this property. Moreover, it comes with exclusive amenities that cater to the well-being of individuals. In short, we can say that it is not just another property, but it is a “Return on Investment” in making.
Moving on, let us now take a look at the top 10 reasons why you may consider investing in this property by Damac.
# 1 Prime Location- Connects to the Golden Triangle location
The property is situated in close proximity or right in between the three key areas of the city i.e. Sheikh Zayed Road, Safa Park, and Dubai Canal. This means that in terms of location, this is the perfect place to own a house in Dubai from where you can easily access the major conveniences of life.
# 2 Closely located to Safa Park
From an investment point of view, a property which is located near Safa Park holds a lot of value. Particularly speaking about Safa Gate by Damac, it is located very close to Safar Park which is a 158-acre green space. For anyone who is willing to lead a life in a serene environment and close to greenery, this is the perfect option for them.
# 3 Chances of high Capital Appreciation
When we take a look at the properties that are situated in the same location i.e. the Al Wasl area, then we get to know that the value of these properties rose by 35.5% (1-bedroom Units in particular).
# 4 High rental yields
If you invest in this particular property, you are subject to gain a strong rental yield. This means that you can earn up to 9.43% Return on Investment if you rent out your property for a short term. On the other hand, if you rent out your apartment either at Safa Gate or at Damac Riverside for the long term, you are subject to a 7.6% rental yield.
# 5 Fool-proof investment plan
Researchers who are working in the field of real estate have come to the conclusion that this is a fool-proof investment plan. They consider it as a booming wellness real estate project as it is expected to grow 7 times its current value by 2027.
# 6 Get access to a plethora of luxurious amenities
Whether it is related to wellness or something that caters to the high-end luxuries of life, the property comes inclusive of endless amenities. At Safa Gate by Damac, you will find amenities such as a plunge pool, yoga deck, rooftop gym, and so on.
# 7 Enjoy Smart Home technology
The inclusion of Smart Home technology features attracts buyers and long-term tenants alike. From the investment point of view, this property could be a great choice because here you’ll get access to technology that allows you to control lighting, heating and cooling systems, temperature, security systems, etc. providing comfort and peace of mind.
# 8 Get Freehold Ownership
Freehold ownership is one thing that investors find attractive about this property. Not many properties in Dubai offer you “Freehold” ownership. This means you will get full ownership of the property. And the best part is, that this offer is available for all nationalities.
# 9 Flexible Payment Plan
After paying 20% as the booking amount, you only need to pay 1% every month till the 54th installment which means that you have the flexibility to pay at your convenience without getting heavy on your pockets.
# 10 Reputable developer
As stated in the introductory part of the article, Damac has managed to gain the trust of investors by being a promising real estate developer. This means that you do not have to doubt the credibility of the seller and you’ll certainly get the property in your name.
Final Words:
I hope this article has given you deep insights into learning the possible advantages of investing Safa Gate project by Damac. In case you had some doubts regarding the property earlier, then I am sure that this article has managed to help you come to a conclusion.