Is this Dh14m villa in Dubai the perfect family home?
The property is part of the expansive Emirates Living project by Emaar, tucked away behind Sheikh Zayed Road
The big trend in the Dubai property market in 2017 was to buy off-plan with nearly 25,000 transactions taking place.
A combination of lower-price inventory and aggressive payment plans offered by developers lured overseas investors, plus those who had spent years renting in the city.
But while this trend is set to continue throughout 2018 as thousands more off-plan units come on to the market, there are still plenty of attractive options in the "nearly-new" segment in more established communities which have gone through the maturing phase.
One of these is a Dh14 million villa which has become available in Hattan at The Lakes - part of the expansive Emirates Living project by Emaar, tucked away behind Sheikh Zayed Road.
This five-bedroom villa measuring 6,500 sq ft is a fine example of a property which has been lovingly upgraded, turning it into a perfect family home.
It features a Poggenpohl kitchen complete with Miele appliances and a sought-after Miele coffee machine.
The real showstopper is the outside space where the new owner will be able to take advantage of the large pool, terrace and outdoor kitchen.
“We have seen an increasing number of families wanting to find a home that suits their lifestyle now, not in the three or five years that they would have to wait for an off-plan option, said Jason Hayes, founder and chief executive of Luxury Property, which is marketing the villa.
A sense of community is another attraction, according to the current owner, who has been a resident of The Lakes for seven years.
Three nurseries are within walking distance, while golf fans have easy access to the Montgomerie Dubai and Emirates Golf Club. Residents also have access to The Lakes Club, a 30,000 sq ft community centre with sports facilities.
Updated: January 30, 2018 01:19 PM