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 Dubai » Villa Development
 
Demand for prime location villas in Dubai has been incredibly strong over the past two years. During this time Nakheel have launched several new off-plan areas in Jumeirah Park including 5 Bed Legacy villas in Package 1A, 4 Bed Legacy Nova villas in Package 7 and a new type of smaller 4 Bed Legacy villas in Package 5A. These villas are expected to be completed and handed over from late 2015 to mid-2016, helping Jumeirah Park to progress into one of Dubaiís best villa communities. The Jumeirah Park community center will be completed this year which will add retail, dining and shopping to enhance the area further.

On the 26th Feb 2014 Nakheel decided to auction of land areas of 8820 sq ft in Jumeirah Park at the sales centre. The price for participating in the Jumeirah Park auction was an AED 1000 registration fee. 8 plots were auctioned and the prices paid were around AED 4.3 million, close to AED 500 per sq ft. Nakheel were very pleased with the results and have decided to hold another Jumeirah Park plot auction on Tuesday 4th March 2014, where they will release more plots in the range of 7750 to 8700 sq ft in size. Plots of this size are perfect for developing 4 Bed villas in Jumeirah Park. The standard 4 Bed villas that Nakheel built in Package 2 and 2A are arguably the best layouts from all the available villas in the community. The large open-plan living areas and kitchens often receive positive comments from potential buyers. The villas are situated at the front of the plot meaning a large back garden with private swimming pools, another feature that attracts families in particular to Jumeirah Park.

Buying a plot in Jumeirah Park could prove to be an excellent investment decision for some, as it will allow people the chance to add their own features, interior design concepts and different swimming pool styles to their villas. By creating a unique villa in Dubai that meets the requirements of future buyers, there is always a chance that you will increase the sell-on value of your property. Investors can conduct a study of existing Jumeirah Park villas and work out where improvements can be made then incorporate this into their own villas.

We have already seen Jumeirah Park owners who have taken the time to upgrade their villa internally and create a professionally landscaped garden sell for higher prices than a standard Jumeirah Park villa. End-users often spend additional amounts on their villa to create a home they are proud of and enjoy living in. Some investors who have picked up distress sales in the past also used this technique to help their villa stand out and sell more quickly.


For further information on Dubai Real estate sale and purchase of Dubai Real Estate Solutions with our expertise of villas and apartment in all areas of Dubai second to none.



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