Damac Volta | Next to The Burj Khalifa in Downtown Dubai - Win Win Universal RE

Damac Volta | Next to The Burj Khalifa in Downtown Dubai

  • AED1,670,000
Business Bay
For Sale Off Plan Hot Offer

Damac Volta | Next to The Burj Khalifa in Downtown Dubai

Business Bay
  • AED1,670,000

Overview

Property ID: HZDV-05
  • Apartment
  • Property Type
  • 1-4
  • Bedrooms
  • 2-5
  • Bathrooms
  • 673
  • Sq Ft
  • 2028
  • Year Built

Description

Volta is a prestigious development situated in the highly sought-after Downtown Dubai area, positioned along Sheikh Zayed Road. Crafted by DAMAC Properties, renowned for projects like DAMAC Bay by Cavalli, Elegance Tower, DAMAC Lagoons, and Coral Reef, the project is set to become a landmark in the emirate. Designed by Gensler, Volta is slated for completion in the first quarter of 2028.

Prospective residents have the option to select from 424 residences, featuring 1-2 bedroom luxury apartments on floors 2 to 50 and 3-4 bedroom super luxury apartments on floors 51 to 60. Residence sizes range from 673 sq. ft to 2,167 sq. ft, and there is the opportunity to purchase an entire floor with five, eight, or nine units.

Each apartment boasts an expansive balcony offering breathtaking views of Burj Khalifa, Downtown Dubai, and the Arabian Gulf. Kitchens are fully equipped with cabinets, appliances, and stone countertops, while the ceiling height is set at 9 feet. Ultra-luxury residences include spacious storage rooms.

Volta prioritizes fitness and well-being, offering residents access to a variety of sports activities. This includes a sky pool, an organic-shaped pool, a sky yoga studio, an aqua gym, a trampoline park, a 440-ft jogging track, and a 24/7 boxing ring. Sculpting machines and mirror trainers are provided to help residents stay in shape and hone their skills. Customization workshops are available for creating unique patterns and designs for sports shoes.

Additional facilities include an acupuncture studio, aqua massager, spa therapy, and outdoor callisthenics. Residents can access emergency medical services and consult with a dietary expert for optimal workout results. The beauty treatment area is designed to be a favorite spot for relaxation and rejuvenation.

Location.

Volta is situated along the prominent Sheikh Zayed Road, a central highway in Dubai. Within a 15-minute drive, residents can easily reach key destinations such as Palm Jumeirah, Dubai Marina, and Dubai International Airport. To navigate through potential traffic during peak hours, residents may consider utilizing public transportation services. Conveniently, the Business Bay metro station is just a 5-minute walk from the development.

Nearby educational institutions include Blossom Business Bay Nursery, Learning Tree Nursery, Dubai International School, Global Indian International School, GEMS Our Own Indian School, JSS Private School, and Horizon English School Dubai. The closest medical facilities comprise Aster Clinic – Business Bay and Mediclinic Dubai Mall.

For leisure and shopping, Dubai Mall, one of the world’s largest shopping centers, is a mere 5-minute car ride away. It features iconic brand stores, cafes, restaurants, Reel Cinemas, Trampo Extreme, and PlayDXB. Families with children can enjoy Safa Park, Jumeirah Beach, and Ras Al Khor Wildlife Sanctuary, all reachable within a 10-minute drive.

Downtown Dubai residences are consistently sought after for both short- and long-term rentals. The average return on investment (ROI) for a 1-bedroom residence in the area is 6.5%. Renting out an apartment on platforms like Airbnb can yield an annual income of AED 75K (USD 20K).

Moreover, owning a property in Volta provides an opportunity to become a Dubai resident. Spending over AED 750K (USD 204K) on residential properties allows applicants to apply for a 2-year investor visa. Those purchasing an apartment worth a minimum of AED 2M (USD 545K) qualify for a 10-year Golden Visa, enabling them to sponsor family members and household staff.

  • Address Business Bay
  • City Dubai
  • State/county Dubai
  • Area Business Bay
  • Country United Arab Emirates

Details

Updated on February 29, 2024 at 4:57 pm
  • Property ID: HZDV-05
  • Price: AED1,670,000
  • Property Size: 673 Sq Ft
  • Bedrooms: 1-4
  • Bathrooms: 2-5
  • Year Built: 2028
  • Property Type: Apartment
  • Property Status: For Sale, Off Plan

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