Amaranta 3 - Villanova  

Amaranta 3 is the third phase of the Villanova community located by Dubai Properties. The project features three and four bedroom townhouses starting from AED 1.4 million. Dubai Properties has launched this after successfully selling out phases 1 and 2.

Master Community: Villanova
Property Types Available: Townhouses
Location: Dubai Bypass Road, Dubai - Al Ain Road
Status: Under Construction
Year Launched: 2018
Estimated Completion Date: December 2020
Developer: Dubai Properties Group
Title Type: Freehold
Quality Classification: Mid-end
Life Cycle: Under Construction
Under-Construction Townhouses: 322

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Amaranta 3

Investment Score

Value for Money
80%
Project Uniqueness
75%
Location & Connectivity
70%
Rental Yield Expectation
70%
Capital Growth Expectation
70%
More information on investment scores

Total Score

Synopsis

Sale Status: Units available in primary & secondary market

Payment Plan: Average payment-plan

Ideal for: End-Users & Investors

Price Range: AED 600 PSF - AED 750 PSF

Unit Types Available: Townhouse

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What Our Experts Think

Amaranta 3 is perfect for those looking to buy their first home or investment: Flexible payment plan, affordable ticket price, and reputable developer.

Payment plan is fairly investor-friendly, with only 5% down, and between 15% - 20% payable every year (5% installments) and 50% on completion (at which time bank finance is available).

The ticket price is also in the affordable category. 3 beds start from AED 1.4 million and 4 beds start from AED 1.7 million.

The developer is one of Dubai's biggest developers and has developed multiple communities such as Jumeirah Beach Residences, Mudon, Executive Towers, and Remraam. They have a proven track record of delivering their projects.

About Amaranta 3

Overview

  • Amaranta 3 is the third phase of residences in the Villanova community by Dubai Properties and features 322 townhouses. 
  • The project features three and four bedroom townhouses with Spanish façades.
  • Amaranta 3 is located in the center of the Villanova master development and will be located close to the retail and amenities within the community. This has a much better location than the previous phases. 
  • Prices will be starting from AED 1.4 million.
  • Dubai Properties has launched this after successfully selling out phases 1 and 2. 
  • Amaranta 3 will also be surrounded by plenty of green space. There will be over 18,000 sq. ft. of greenery and residents will be able to enjoy the linear green-park in the heart of the community. 
  • The townhouses are slightly larger than Amaranta 1. 
  • The project is lcoated adjacent to the Villa project and will have easy access to E611 (Emirates Road). Villanova is in close proximity to activity centers such as Global Village and Dubai Outlet Mall.  
  • The three beds are all middle units, while the four beds are corner/end units. 

Sizes

BedroomSize Range (Sq. Ft.)
3 - Maids (Middle Unit)1,917 - 1,939 
4 + Maids (End Unit)2,252

The plot sizes will start from approximately 2,600 sq. ft.  

Prices

  • 3 Bedroom townhouses are starting from AED 1.4 million 
  • 4 Bedroom townhouses are starting from AED 1.7 million

Payment Plan

  • 5% - On Booking 
  • 5% - June 2018
  • 5% - October 2018
  • 5% - January 2019
  • 5% - May 2019
  • 5% - August 2019 
  • 5% - December 2019
  • 5% - March 2020 
  • 5% - July 2020
  • 5% - October 2020 
  • 50% - On Completion (Q4-2020)

Dubai Land Classification & Escrow Account Details:

Land Number: 2803

Project Number: 2057

Real Estate Developer: DUBAI PROPERTIES L.L.C

Trust Account Number: 10497411920001

Account Trustee Name: ABU DHABI COMMERCIAL BANK

RERA Permit No:: 15128

Brokerage Firm: Taktical Realty Group LLC

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