The Acres by Meeras: Where Luxury Meets Affordability
Dubai's Property Market
The Acres by Meraas Properties is an impressive green villa community that offers standalone villas. If we look at this community in details it's clearly evident that they used 35-40 % of the area for residential villas, with the rest being covered in green spaces, lagoons and other water bodies.
The Acres: A Sustainable Villa Community
Talking about the developer, Meraas Properties is a
renowned developer in Dubai who has registered their identity linked with
high-end quality developments and stands as a real example of luxury. Some of
the masterpieces Meraas has contributed to Dubai are Citywalk, La Mer, Meeras,
Nad Al Sheba Gardens, and Cherrywood, which literally speaks of the developer’s
quality in delivering pure luxury developments.
Location & Connectivity
Acres is located in the Dubailand District, which is home to
most of the residential properties in Dubai. Here you have direct access
to the main highways in Dubai, including Sheikh Zayed Bin Hamdan Al Nahyan
Street and Emirates Road, which provide fast connectivity to major parts of the
emirate. The Sheikh Latifa Hamdan Street is going to be extended and will be
later on connected to Al Khail Road.
Once it is operational it will get the residents an easy access to the
epicenter of Dubai, which is Downtown Dubai. Also, this will help to reduce
your travel time by 50%.
Considering the connectivity, the travel time to Al Maktoum
International Airport is 25 min, and Dubai International Airport can be reached
within 45 mins.
This community is also surrounded in close proximity to well established projects like Arabian Ranches 1, 2, 3 and global village.
Community Features and Amenities
The Acres by Meraas properties offers an exclusive collection of elite residences with a selection of 3–5-bedroom villas, which are located among green gardens and swimmable lagoons. Holding a contemporary design, this community includes signature outdoor rooms and backyard gardens. Villas in The Acres have two floors and generous living areas ranging from 3,084 sq. ft to 6,001 sq. ft, where prices start from AED 5.9 million.
Comparison prices with similar communities
The comparison with Al Barari, an exclusive villa community
that stands very close to The Acres with its concept.
In Al Barari the price per sq ft starts at AED 2500 per sq ft. whereas in Acres it offers a competitive price that ranges around AED 1700 per sq ft. With a similar concept, similar sizes and being in somewhat similar location, Acres is standing as the best choice by making the properties available at an attractive price. Apart from price and size we can say that in The Acres we have green bushy gardens, enough water features that boost positivity in the residences. In addition, these are brand new modern villas with the best interiors by keeping the comfort of the residents in mind.
The Acres by Meraas Properties is a highly demanding
community due to its prime location and its strong social infrastructure. Apart
from that this community stands as an attractive choice for long-term rentals.
Investors can make money by renting out spacious villas by securing a steady
passive income. Because, as of Q4 2023, the initial rental rate for a 3-bedroom
villa in the nearby development, which is Arabian Ranches 2 were
AED 175K annually and offered the investors a minimum return of 4%. Which means
this community also has a lot of promise for the future.
Share this Article & your thoughts with us in the comments below!
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