The real estate market in Dubai has seen an unexpected boom in the last two years. As we already know, Dubai is the luxury capital of the Emirates, and the post-pandemic real estate market is catching up to it. Suddenly there is a wave of buyers and investors swarming in from across the globe. With rent prices almost doubling and the high return on real estate investments, top developers like Emaar Properties are doing their utmost to keep up with new projects.
One such project is the Joy area in Arabian Ranches 3. This area is located in the heart of the city and is in proximity to important business districts and the airport. The area comprises luxurious villas, townhouses, and apartments that cater to buyers and investors with differing needs. Each unit is spread on a generous plot of land, and the architecture is at par with Dubai’s aristocracy. Read about the properties and features that make Joy area in the Arabian Ranches 3. It is a must in every real estate investor and buyer’s list.
What Are the Types of Properties in the Joy Area in Arabian Ranches 3?
According to the developers, the name Joy signifies what the residents of this area will experience after moving in. The goal of Emaar Properties in this area is to enable people to experience the upscale and affluent lifestyles of Dubai. Let’s take a look at the three kinds of properties built in this area.
Contemporary Townhouses
They offer three and four bedrooms to accommodate small and big families. Featuring a touch of the modern and minimalistic world with traditional and detailed finishing makes them a great deal. The developers have ensured that there is ample space for kids to play around freely even though they are compact. Some amenities that they boast of are a covered parking lot, a private garden, and a terrace.
Luxurious Villas
Villas in the Joy area are a great abode for those with large families who want to maintain their space. Buyers can get three, four, five, and six-bedroom villas with a private garden, an open terrace, and a large parking lot. In addition to the large size of these villas, investors can choose from three different styles, namely, Arabic, Modern, and Mediterranean.
High-End Apartments
Apartments in the Joy area are designed for one to two people with a maximum of three bedrooms. Each apartment has an ultra-modern design, near-perfect finishing, and spacious rooms. Furthermore, they also have spacious balconies that offer views of the nearest parks and the Dubai skyline.
Features of Joy Arabian Ranches 3
The Arabian Ranches 3 houses one of the most luxurious residential sub-communities, surrounded by lush greenery and modern amenities. It is worth investing in the Joy area as they offer the following features one must take advantage of.
Premium Location
Arabian Ranches 3 is located at a convenient distance from major business districts and the airport. Sheikh Zayed Bin Hamdan Al Nahyan Street is very close to Joy, connecting it with major city parts. Additionally, residents can reach the Dubai Global Village and Dubai Polo & Equestrian Club within fifteen to twenty minutes. IMG Worlds of Adventure is also close by. Those who need to travel to their workplaces can easily do so without taking a tour of half the city.
Modern Villas & Townhouses
As mentioned above, Joy offers premium housing facilities catering to Dubai’s elite. Villas start at AED 1.8M for three bedrooms and go up to AED 2.4M for 1,938 Sq Ft. Four-bedroom villas start from AED 2.9M for 2,653 Sq Ft and contain four bathrooms as well. These also include spacious living rooms, open terraces with spectacular views, a covered parking lot, and private gardens.
Modern Amenities
The Joy area community offers numerous amenities to support the lavish lifestyle of Dubai. A jogging park, sports court, garden alley, gym, and cycling track help residents keep up with their fitness. Secondly, there are amenities for sports enthusiasts like a basketball court, cricket pitch, badminton court, and adventure zone. Adults can relax in the hammock zone and splash park.
Along with these recreational and fitness arrangements, there is a mosque, retail shops, outdoor cinema, hospital, and boulevard. All of this will ensure that residents can conveniently meet their day-to-day needs without spending time on long-distance travel outside the community.
Secure Neighbourhood & Greenery
The city of Dubai has strict law enforcement and twenty-four-seven surveillance which ensures utmost safety of its people. The Joy area community matches this as it is a gated community with security and surveillance. Furthermore, the community is surrounded by greenery on all sides, with five-point entrances to maintain a balance between nature and modernization. Each villa stands at a distance from the other to maintain its people’s privacy and security.
Payment Options to Invest in Joy Area
Those looking to buy their home in the Joy area can do so easily, as this is an off-plan project. Investors and buyers can pay an initial 10% for booking and another fifty percent during construction. Furthermore, they can pay the remaining 40% of the total amount after the completion and handover. However, they need to do it within twenty-four months after the completion. Developers have given an estimate for its completion by the end of 2023.