Surrounded by luscious verdant spaces, Verdana is a prime townhouse community by Reportage Properties in the dynamic mixed-use neighborhood of Dubai Investments Park. This development was launched in Q2 2022 and offers an array of exquisite 4-bedroom residences, with a total of 305 units to choose from. The total area of Verdana townhouses ranges between 2,730 sq. Ft. and 3,855 sq. Ft., of which 1,882 sq. Ft. is dedicated to the internal area.<br /> <br /> The Verdana community is located next to the intersection of Yalais Street/Jebel Ali-Al Hibab Road, enabling occupants to easily move around the rest of the city. That being said, the commute to Al Maktoum International Airport, Dubai Marina and Business Bay, among other covetous destinations will not exceed 25 minutes. Within the immediate vicinity of Verdana, there are the following bus stops:<br /> <br /> Dubai Lagoon 1<br /> Dubai Lagoon 2<br /> Dubai Lagoon, Ewan Residence 1<br /> Dubai Lagoon, Ewan Residence 2<br /> Prospective real estate investors will be keen to learn that Verdana will boast close proximity to a wide range of academic institutions, medical facilities, supermarkets and more. As a result, within a 15-minute walk, residents of the upcoming family-friendly community will be able to reach the following amenities:<br /> <br /> Nibras International School Dubai<br /> Bright Riders School Dubai<br /> Aster Pharmacy 2 (DIP)<br /> Al Maya Supermarket<br /> Al Shifa Al Khaleeji Medical Center LLC. BR<br /> Chubby Cheeks Nursery<br /> Not forgetting an array of F&B venues available just a stone’s throw away, which include, but are not limited to Appam Corner, Veg Hat, Farha Al Madina Bakery and Foods Saggar.<br /> <br /> As Verdana is situated in DIP, it will boast excellent connectivity to the Expo 2020 site, which is being transformed into District 2020 – the UAE’s first 15-minute city. Set to accommodate 145,000 employees and residents, the innovative development will bring together all stakeholders in key sectors, including SMEs, start-ups, Fortune 500s, innovators and entrepreneurs. That being said, with such an influx of people into the area this will promote a spike in demand for the residential projects nearby, such as Verdana, among those opting to relocate with their families closer to their workplace. Another community located within the vicinity of District 2020 is Expo Golf Villas 6, which will house 3-4 bedroom residences, and will include an 18-hole championship golf course, a retail center and more, once completed.<br /> <br /> Economic Appeal<br /> <br /> The Verdana development by Reportage Properties is scheduled for handover in Q4 2024. Among multiple benefits of purchasing off-plan property is that its capital value is guaranteed to increase during the last stages of construction and upon its completion.<br /> Taking into account the previously mentioned information regarding the family-oriented amenities within the development and its surrounding area, it is safe to say that Verdana townhouses are worth considering as an investment as well. For instance, you can use this property for a subsequent lease, as according to Property Finder, the gross yield for 4-bedroom townhouses/villas in the DIP area has reached a whopping 20.8%, as of Q2 2022. At the same time, the initial rental cost for this type of unit is currently at AED 250,000 (USD 68,000) per annum.<br /> <br /> When investing in an off-plan property worth at least AED 2,000,000 (USD 545,000), you will be granted a Golden Visa residency, according to the recently introduced amendments, which will come into effect in September 2022. This visa scheme allows its holder to live, work and study in the UAE without an Emirati sponsorship.
