The renowned developer DAMAC Properties, one of the leading developers in the United Arab Emirates, has built these prestigious and luxurious properties in the center of Dubai. DAMAC Properties is known for projects such as DAMAC Bay by Cavalli, DAMAC Lagoons and Coral Reef. The project architect is Gensler Company, a global design and architecture firm based in San Francisco, California.
Volta is a 60-story residential tower for those who balance a fast-paced lifestyle with moments of recharge and renewal. Its fitness, relaxation and well-being facilities are thoughtfully designed to create the perfect home and the ideal place to foster good health.
The apartments, ranging from one to four bedrooms, have premium finishes and wrap-around balconies that offer uninterrupted views of the Burj Khalifa, Sheikh Zayed Road and Dubai's stunning skyline.
The units available include 1-2 bedroom apartments on floors 2 to 50 and ultra luxury 3-4 bedroom apartments on floors 51 to 60. The living areas vary from 673 to 2,167 square feet. Investors can also buy a whole floor plan.
Residences at Volta have spacious balconies with views of the Burj Khalifa, downtown Dubai and the sea. The kitchens have modern appliances, such as a stove, a hood, a fridge and a washer. The ultra luxury units also have storage rooms.
Whether you want to rent a property for a short or a long term, you can get a rate as low as AED 75,000 (USD 21,000) per year. A 1-bedroom apartment in Central Dubai can offer you an average rental yield of 6.5%. You can also resell the property after completion and expect a profit of 15-20%.
By buying a residence in Volta, you can qualify for a 2-year investor visa or a 10-year golden visa, depending on your choice of property. You can renew your visa as long as you keep the ownership of the property.
The first quarter of 2028 is the projected completion date for the project.
PAYMENT PLAN:
The payment plan is as follows:
- 80% of the total cost will be paid during the construction phase
- The remaining 20% will be paid upon completion of the project
We want to assure you that our Company will NOT charge you any commission, and will offer you all the assistance you need, if you choose to submit an Expression of Interest (EOI).
Dubai is a great place to invest for many reasons. Some of the benefits of investing in Dubai are:
- You can get a residency permit when you buy a property
- You can access world-class education for yourself and your family
- You can enjoy the ease of doing business in a dynamic and diverse market
- You can benefit from the sustained economic growth and stability of the UAE
- You can save money with 0% tax on residential properties and a stable currency
- You can find financing options readily available from various banks and lenders
- You can earn high returns compared to major cities in the world
