Jul 2, 2024
Larger than average plot sizes
In the dynamic real estate market of Venera, Valley 2, Emaar continues to set a high benchmark with its recent transactions, showcasing a trend towards securing premium locations within the community.
Mostly we are able to obtain more premium locations reflected below; the desert facing units along Emirates Road was the row where you saw closer to the starting ranges of AED 1,000 psf.
Unit 25X - 3 Bed Townhouse on the park. AED 3,080,000.
Unit 42X - 3 Bed Townhouse. AED 2,910,000
Unit 42X - 4 Bed Townhouse AED 3,300,000
Unit 26X - 4 Bed Townhouse on main park AED 3,800,000
Pricing
Prices in Venera were mainly from AED 1,150 psf
Even up-to AED 1,400 psf in the best locations.
In fact, valuations here are comparable with locations like Ranches 3, Elan and other suburban communities that are ready / advanced const stage and arguably have a more traditionally central location.
The main selling points of these new releases are:
Slightly bigger built up areas
Larger than average plot sizes
35 + amenities; and we think that is where the key differentiator / driver is.
Only future supply on this belt of Dubai Al Ain / towards business districts & emerging Sharjah