Starting Price AED 6.7 M

4, 5 and 6

Villa

from 8,531 Sqft.

Dec 2022

Emaar Golf Place Villas at Dubai Hills Estate

Overview
Golf Place Villas by Emaar Properties offers you a choice of luxury villas, located in the sought after golf community of Dubai Hills Estate. First of its kind, this gated community is built around 18-hole championship golf course. All villas come with floor to ceiling windows and have been specifically designed for efficient and natural living.

Here you will find high-end 4-5 and 6 bedrooms villas, offered in 3 elegant, contemporary and modern designs. From 8,531 to 9,900 square feet built-up area stating view onto golf course and lush greenery.

Community will combine urban living and nature lifestyle with retail outlets, schools, hospitals, cinema, park, commercial buildings and metro stations on its doorstep - making Emaar Golf Place the perfect family location. This community offers you a breathtaking view onto Dubai skyline due to its great location to all popular area is Dubai, such as Downtown, Dubai Marina, Jumeirah beach and Business Bay.

Investment Highlights
  • Premium edition 4, 5 & 6-bedroom villas
  • Majestic views of the Golf Course
  • Access to posh amenities and facilities
  • Gated residential community
  • Exceptional country club lifestyle
  • 3 architectural Facade styles to select from
  • Proximity to 18-Hole Championship Golf Course





Payment Plan

Installment Payment (%) Milestone
Down Payment 10% On Booking
1st Installment 10% Within 3 months from booking
2nd Installment 5% Within 10 months from booking
3rd Installment 5% Within 15 months from booking
4th Installment 10% Within 20 months from booking
5th Installment 5% Within 24 months from booking
6th Installment 5% Within 28 months from booking
7th Installment 5% On Completion (Dec-2022)
8th to 16th Installment 45% Within 36 months (5% / 4 months) from completion

Location Map

Situated on Al Khail Road and south-east of Downtown Dubai, this new community offers a perfect environment for family life and is anchored by a vast central park and residential, hospitality, retail and civic complexes; a home that promotes community living in proximity to the heart of Dubai.

From extensive green vistas, parks, shopping, schools and healthcare facilities, Dubai Hills offers everything for the family to enjoy.

Residents here will gain easy access to the Mall of the World, announced to be the largest in the world, to the park within Mohammed Bin Rashid City, and to the largest family entertainment complex in the region being built in conjunction with Universal Studios Hollywood.

frequently asked questions
An off-plan property is an unconstructed property purchased directly from a developer or in some cases a first owner. In the case where the buyer is buying directly from the developer at time of purchase the buyer usually pays a 10-20% down payment and signs SPA (Sales Purchase Agreement). Depending on which developer the rest of payments made can and do vary but are usually linked to construction. Buying an Off plan property allows investors to get a purchase price at the earliest and lowest possible price. It also allows buyers to choose the very best apartments in a particular development. This plays a big part in increasing the chances of gaining the maximum return on their investment.
Numerous measures have been put in place in order to ensure the Dubai market is a stable and secure market to invest in. One of these measures has a direct impact on buyers who look to sell their off plan property before completion. Dubai’s largest developer Emaar Properties now requires owners to have 40% of their off plan property paid off before it can be sold to a new owner. This figure of 40% does vary from developer to developer so it’s important to check with each developer.

Once the minim repayment threshold has been met the process of selling an off-plan property is very similar to selling a ready property. Buyers and seller agree to price and terms, sign contracts and apply for NOC where the new buyer is registered with the developer and ultimately takes over all the outstanding payments once transfer is complete. It is also worth nothing that contrary to popular belief the new buyer is responsible for the 4% DLD Transfer Fee regardless of the fact this has already been paid by the first buyer.
There is no doubt that the Dubai off plan property market has been running hot over the last 2 years. In fact, in the year 2017, the number of off-plan transactions both cash and mortgage was higher than the that of the secondary or ‘ready market’ as its often referred to. The major developers are offering terms and payment plans never seen before and the buyers are more than willing to take advantage.

As most buyers are well aware the maximum loan to value ratio or as it often referred to “LVR” for a ready property is 75%. This basically means that if the property being purchased is say, 1,000,000 the maximum amount the bank will lend against that property is 750,000 or 75%.

In the case of an off-plan purchase, the maximum LTV ratio is 50% and it’s a percentage that applies to both UAE nationals as well as expats. So as in the previous example, if the property being purchased is say 1,000,000 the maximum amount the bank will lend against that property is 500,000 or 50%. It is also important to note that the 50% finance can only be done so once the buyer has paid 50% or more of the property and not before. This means any potential buyer must have enough cash funds to cover at least 50% of the property being purchased.
Buying off-plan property is the easiest buying process in Dubai, but working with an experience agency that has great long-standing relationships with developers will give you access to the best variety of choice. Your agent will be working for you, representing you and making sure everything is in order with the contracts, project updates, and handover process. A good off-plan agent will be registered with all off-plan projects and developers in the market to bring you the best possible opportunities.

Your agent will match your needs and requirements to available projects. Your agent will give you all the information, floor plans, payment plans, brochures, videos etc. to help you make a more informed decision. Some developers also set up ‘mock properties’ to show the materials being used, layouts, sizes, facilities and amenities. Your agent will take you at request along for a site visit if possible.
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Meet the Expert
Arshad Mulla
Director - Off Plan Property
Call or WhatsApp : +971 554568786

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Suite 405 Apricot Towers
Dubai Silicon Oasis
Dubai, UAE
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sales@sparefoot.ae
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+971 554 568 786