Introduction to VALO
VALO is an exquisite residential development by Emaar Properties, situated in the sought-after Creek Beach area of Dubai Creek Harbour. This premium complex offers a variety of living options, including 1-3 bedroom apartments and six exclusive 3-bedroom townhouses, totaling 285 residences. Designed to cater to contemporary lifestyles, VALO combines luxury with sustainability, making it a standout choice for those seeking a modern, eco-friendly home.
Residences and Design
VALO features a diverse range of property sizes, from 752 square feet to 2,048 square feet, catering to different needs and preferences. The residences are thoughtfully designed to enhance comfort and convenience. Each apartment includes a laundry room and a balcony, providing private outdoor spaces for relaxation. The 3-bedroom units are further enhanced with maid’s rooms, offering additional functionality for larger families.
The development is notable for its innovative approach to environmental sustainability. VALO incorporates cutting-edge eco-friendly technologies, such as water conservation systems, sun protection measures, green integration features, smart lighting solutions, waste management systems, and energy-efficient designs. These elements work together to minimize the environmental impact while ensuring a comfortable living experience.
Amenities and Lifestyle
VALO is designed to offer a comprehensive range of leisure and recreational amenities, enhancing the quality of life for its residents. The complex features:
- Pool Area: A relaxing space for residents to unwind and enjoy the water.
- Indoor and Outdoor Gyms: State-of-the-art fitness facilities for maintaining an active lifestyle.
- Multipurpose Lawn Area: A versatile space for various outdoor activities and gatherings.
- Children’s Pool and Play Area: Dedicated areas for younger residents to have fun safely.
- Social Leisure Podium: A space for socializing and community events.
- Multifunctional Room: A flexible space for various purposes, from meetings to recreational activities.
- BBQ & Picnic Area: Perfect for outdoor dining and enjoying meals with family and friends.
- Yoga Area: A tranquil space for relaxation and wellness practices.
- Community Garden: An inviting green space for residents to connect with nature.
Location and Connectivity to Valo
VALO boasts a strategic location with excellent connectivity to key areas of Dubai. Situated near Ras Al Khor Road, residents benefit from easy access to major locations including Dubai International Airport, Dubai Festival City, and Business Bay, all reachable within approximately 15 minutes by car. For those who prefer public transportation, the Dubai Creek Harbour Marine Transport Station is within walking distance, and a metro station currently under construction will further enhance connectivity.
Local Amenities and Services
Residents of VALO are well-positioned to enjoy a range of local amenities and services. Within a 25-minute walk, you’ll find Geant Express, Dubai Creek Residences, Dubai Creek Life Pharmacy, and Creek Marina Yacht Club. Dining options in the area include popular spots like Mondoux, The Courtyard, Next Door Kitchen, and Amici Miei Dubai Creek Harbour. Additionally, reputable schools such as Deira International School and Universal American School, along with healthcare facilities like Nad Al Hammar Health Center and Al Rashidiya Medical Fitness Center, are all conveniently located within a 15-minute drive.
Investment Potential and Visa Benefits
Investing in VALO not only offers a luxurious living experience but also comes with significant benefits. Buyers can secure a 2-year residence visa, and those purchasing properties valued at AED 2 million (USD 545,000) or more are eligible for a 10-year Golden Visa. This visa extends to the owner’s spouse, children, and household staff, providing added value and flexibility.
The development is currently in the planning stages, with a 90/10 payment plan available. This plan includes a 10% booking fee, with 80% of the total purchase price payable during the construction phase. The remaining 10% is due upon completion of the project in Q3 2028.
Rental Yield and Market Potential
As of Q2 2024, the rental market in Dubai Creek Harbour shows promising potential, with a 6.6% average gross ROI for 1-bedroom apartments. Rental rates for these properties have increased to AED 80,000 (USD 22,000) per year, up from AED 75,000 (USD 20,000) the previous quarter. This trend highlights the strong rental demand in the area and offers prospective owners an opportunity to generate stable passive income through property leasing.
Conclusion
VALO by Emaar Properties presents an exceptional opportunity for those seeking a blend of luxury, sustainability, and convenience in Dubai Creek Harbour. With its innovative eco-friendly features, comprehensive amenities, and strategic location, VALO is set to offer an unparalleled living experience. Whether you’re looking for a comfortable family home or a lucrative investment, VALO stands out as a premier choice in Dubai’s dynamic real estate market.