AVENCIA

DAMAC HILLS 2 (AKOYA) · Damac · Updated 26.06.2023
Damac

Highlights

Realiste rating
2 awards
Building rating ?
C+
handover
Q1-2021
Area from
636 ft²
price from
556000 AED
Property type
Apartments
Avencia is an apartment complex in the eco-friendly community of Akoya Oxygen, which is located in Damac Hills 2. It features modern villas and townhouses with comfortable layouts. Developed by DAMAC Properties, the project benefits from having green spaces and easy access to a dynamic metropolis.

Completed in December 2021, the residential complex consists of low-rise buildings with villas and townhouses. Units feature modern layouts, eco-friendly elements, and high-quality interiors. Avencia is completely ready to welcome new residents.
Conditions for the unit resale
  • The minimum amount of payment for subsequent resale
    30%+4% DLD
  • The payment plan
    Transferable
Non-profit service
  • Dubai ID*
  • Bank account*
Furniture
To be confirmed.
Convenience and security
- Pools
- Landscape parks
- Yoga areas
- Children’s playgrounds
- Ponds and fountains
- Convenient parking
- 24-hour security
- Nearby retail stores and recreation areas
Availability of greenery and water
  • Greenery
    Damac Hills 2
  • Water
    Damac Hills
Accessibility by car
  • Downtown Dubai
    40 minutes
  • Business Bay
    40 minutes
  • Burj Al Arab
    54 minutes
  • Palm Jumeirah
    49 minutes
Realiste AI ratings
Building class
Economy class
333 place of 365 Projects
Price affordability
Very affordable
19 place of 358 Projects
Price compared to area average
Less (max)
53 place of 354 Projects
Developer rating
Reliable
122 place of 330 Projects
Average price sqft
High price
310 place of 362 Projects
Building attractivenes in area
Attractive
230 place of 364 Projects
Access to parks in area
High access
34 place of 212 Projects
Development level
Low developed
351 place of 363 Projects
Forecast for 3 years
Low growth
313 place of 362 Projects
Realiste Choice
Low potential
339 place of 365 Projects
Economy
Middle
Luxury
Building class
Price affordability
Price compared to area average
Developer rating
Average price sqft
Building attractivenes in area
Access to parks in area
Development level
Forecast for 3 years
Realiste Choice
Building class
333 place of 365
Economy
70%
Luxury
Price affordability
19 place of 358
Not affordable
Very affordable
238 USD/ft2

Location and infrastructure

Highlights of AVENCIA

  • City: Dubai
  • Project: AVENCIA
  • Building class: 70% - Economy
  • Price affordability: 238 USD/ft2 - Very affordable
  • Price compared to area average: -17.3% - Less (max)
  • Developer rating: 9 - Reliable
  • Average price sqft: 287 USD/ft2 - High price
  • Building attractivenes in area: 0.5 - Attractive
  • Access to parks in area: 44.1% - High access
  • Development level: 0.8% - Low developed
  • Forecast for 3 years: +7.4% - Low growth
  • Realiste Choice: 478 - Low potential

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