Damac Violet 4 is situated in Damac Hills 2 and presents both affordable and luxurious townhouses attracting both investors and end-users.
But here are my questions: What is the difference between the price range and payment plan of this particular development and other trends in this particular region?
It is time to shed more light on the best points of understanding.
Price Range
The price range that Damac Violet 4 targets is relatively affordable for similar developments within the City of Dubai.
Here’s an overview of the prices:
- 4-bedroom townhouses: Prices starting from AED 1.9 M
These price levels are a wonderful chance for new and inexperienced investors to invest in the Dubai Property Market without the highest prices for the best places.
Payment Plan
Another advantage that a buyer is likely to enjoy from Damac Violet 4 is that the developer has provided a payment plan that is flexible enough to suit many home buyers & investors.
A favorable deal has been created for buyers with a little down payment and then homeowners’ abilities to make multiple payments rather than one large payment.
The standard payment plan includes:
20% booking amount: This down payment enables the buyers to effectively purchase the property with little cash required at the time of booking
40% during construction :Spreading out the cost of the property over several years, 40% payment during the period of construction makes the property more affordable for the buyers.
40% upon completion: The balance of 40% is normally paid at the time of handing over the property, i.e. when 100% completion of the project is done.
This plan not only works as a benefit to buyers in a financial aspect however it also is convenient to buyers who err from wanting to make huge down payments.
Location Benefits
As of the above projects, Damac Violet 4 is a project in Damac Hills 2 that is rich in clusters, amenities, and variety.
Compared to the other parts of the city, it provides an opportunity to enjoy the quietude and have fun in Water Town, Sports Town, and Equestrian Town.
This makes it a perfect place for families who want to reside in a relatively calm suburban area but still are in Dubai.
Conclusion
Damac Violet 4 is designed to be a relatively reasonable home among the offerings of Damac Hills 2 while providing the comfort of the luxury one.
This development is affordable; there is a reasonable charge structure that has been formulated, and it also features various amenities that have added value to its inhabitants and investors.
As a property that offers comfort and affordability Damac Violet 4 aligns with customer needs when it comes to selection of a dwelling and a long term payment method.