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Rare 'Vastu' luxury villa comes onto the market this week
Figures released this week indicate the luxury, high-end villa market in Emirates Hills appears to be immune from the softening property market in other areas, says Dubai realtor.
According to REIDIN figures, average property sale prices for Emirates Hills in 2015 have remained stable compared to 2014 sales figures. Emirates Hills villa sales in the over Dh20 million price bracket have averaged at Dh2,500 per square foot in 2015, consistent with 2014.
Leigh Borg of Belleview Real Estate in Dubai, a specialist in Emirates Hills with close to six years experience in the area, says it's due to consistent demand from high-net-worth buyers for this luxury community, often referred to as 'The Beverly Hills of Dubai'.
"Emirates Hills is continuing to buck the trend in Dubai," he said. "There is more demand for land and villas in Emirates Hills than supply, so it is natural prices remain high and stable. High net worth families moving to Dubai usually have Emirates Hills as one of their first choices to reside in Dubai and our agents then have the challenge to find something available within this prestigious community."
Leigh added: "The gated community is very private, has an excellent location near to Shiekh Zayed Road and the Montgomerie Golf Club is integrated with the development. Also, most villa designs are bespoke and unique, giving the opportunity of a great lifestyle with solid investment returns."
Further evidence of this demand was the reportedly largest ever villa sale in the history of Emirates Hills at Dh93 million earlier this year, and a land only sale at Dh65 million.
This week, another opportunity to buy into this popular neighbourhood became available with the listing of a fully furnished Emirates Hills luxury villa for Dh45 million by Belleview Real Estate www.belleview.ae
Leigh Borg concluded: "This is a rare opportunity to buy into Emirates Hills with this large modern and open-plan family villa. It has a lot of natural light and a large outdoor entertainment area with infinity pool, ideal for a large family. In Emirates Hills, there are very few modern-designed villas and they rarely come onto the market, and this villa has also been designed around the Vastu method, which is highly sought after."
The villa has been designed according to the Vastu method - a Hindu architectural method that sets out principles for design, layout and space arrangements, which sets it apart in the Emirates Hills area.
An open house at the Emirates Hills Vastu villa is being held on Saturday October 17, 2015, 2-5pm, or by arrangement by phoning Leigh Borg on 050 558 0223. Interest is expected to be high.
High resolution pictures available here: Dropbox: https://www.dropbox.com/home/Emirates%20Hills%20villa%20-%20Belleview%20Real%20Estate Website: www.belleview.ae/for-sale/58/
For more media information or an interview, contact: Grant King at IHC, +971 56 629 0054, grant@ih-c.com
Property details (provided by Belleview Real Estate):
EMIRATES HILLS - LUXURY VASTU VILLA COMES ONTO THE MARKET THIS WEEK
Open House: Saturday October 17, 2015: 2-5pm
Asking price: Dh45m
Broker: Belleview Real Estate
- Luxury, high-specification fit-out
- 13,000 sq ft open-plan, modern layout with abundant natural light
- 5 bedrooms plus study
- Modern Villa
- Fully "Vastu method"
- Cinema room
- Lake views
- 2 staff quarters
- Elevator
- Outdoor entertainment deck
- Stunning Infinity pool
- Pool Table Family Room
- Close to Montgomerie Golf Course.
- Parking for 4 cars
This striking villa is breath-taking both inside and out. You are firstly greeted with fountains at the front entrance giving you a relaxing feeling before entering this beautiful home.
In a thoroughly modern style, the sleek lines are complemented by high ceilings and large windows, bathing all of the rooms with natural light. A very open floor plan with high gloss, chrome, wood and glasswork throughout the villa. It also features natural sedimentary stone with a highly polished finish, in natural colours, which run through the property.
The property is offered to market with all fixtures, fittings and designer furnishings, which perfectly complement the overwhelming features of space and natural materials in the original villa design.
The property features a grand double-height entrance hallway and opens out onto a large open plan living space. To the side of the property is a more casual family area. The sliding doors across the back open up fully to the decked entertaining terrace, with - naturally - an infinity swimming pool, and large lawn. The formal dining area is rich in style and finishing.
The kitchen is a great size with another kitchenette behind which is near to the maid's room and office. The spacious family room has a pool table and folding doors to the formal dining area.
The family area has large windows facing the garden. Throughout the property all fully controllable electric blinds, offering unlimited variation to the quantity of natural light.
The property has an elevator, which makes an attractive feature. Upstairs has five bedrooms all reasonably sized with a spacious walk-in dressing rooms; one bedroom is being used as family room, with one separate study or library area.
No expense is spared in the finishing's of all dressing rooms and bathrooms (each one en-suite) with different composite countertops in each bathroom, natural stone and white finishes with the highest quality fixtures and fittings.
The driveway can accommodate parking for at least five cars, the plot size is 18,795 sq ft and built up area 13,000 sq ft.
Listing Agent is available for information and interview: Belleview Real Estate www.belleview.ae
Phone Leigh Borg, 050 558 0223 leigh@belleview.ae
Belleview Real Estate, Al Ameri Tower, - Office 1003, TECOM, Postbox 212843, - Dubai - United Arab Emirates
© Press Release 2015
