Taormina Village 1

By Reportage Properties in Dubai Hills Estate, Dubai

Taormina Village 1, image 1
Price from
AED 3,179,629
Price up to
AED 4,889,807
Community
Dubai Hills Estate
Status
Off-plan, selling

About Taormina Village 1

Taormina Village 1 is an off-plan development by Reportage Properties in Dubai Hills Estate, Dubai. Entry price is AED 3,179,629.

Taormina Village 1 is the first phase of the premium collection of luxury Taormina Village residences from Reportage Properties, located in Dubiland, Dubai. Taormina Village 1 includes 530 units, including townhouses with 3-4 bedrooms and villas with 4-5 bedrooms, built according to the highest international standards, each residence has a private balcony. The design is inspired by Italian aesthetics, and the materials used in the decoration are of the highest quality. Residents of the complex are provided with a wide range of amenities, including several gyms, including outdoor ones, a swimming pool, a SPA salon, a yoga studio and a large landscaped park with recreation areas, barbecue areas, walking and running tracks and designated places for animals. 24-hour security with video surveillance is available on site. Kindergartens, schools, cafes, restaurants, shops and medical facilities are located within walking distance from the complex. The project is located along the Sheikh Mohammed Bin Zayed Road, allowing residents to quickly reach key points in Dubai. IMG Worlds of Adventure amusement Park is just 5 minutes away, Global Village and Zayed University can be reached in 11 minutes, and Dubai Hills Mall is 17 minutes away, Dubai Mall is 20 minutes away, and Mall of Emirates is 23 minutes away.

About Reportage Properties

Reportage Properties is a high volume developer of affordable off plan apartments and townhouses across Dubai's mid market districts.

The model is straightforward: a lot of units at low entry prices, with long payment plans, aimed squarely at investors and first time buyers rather than the luxury end. It is originally an Abu Dhabi company and now builds heavily in Dubai.

What do they build?

Mid rise apartment buildings and townhouse clusters, weighted toward studios and one and two bedroom units. The selling point is the payment plan and the price per square foot rather than the address or the finish.

Where do they build?

What should you check before buying?

  • Handover dates against the payment plan, and what happens if the two drift apart. On a long plan this is the main thing to understand.
  • The escrow account, and that your payments go into it rather than anywhere else.
  • How many similar units are being delivered nearby at the same time, because a wave of comparable studios handing over together affects both rent and resale.
  • Service charges, which on affordable stock take a larger proportional bite out of the yield.
  • The finish specification in writing, not from the show unit.

Are they a safe developer to buy from?

They have completed projects and they build at scale, but a high volume affordable model concentrates a particular risk: a lot of near identical units arriving on the market at once, in districts where several other developers are doing the same thing. That is a pricing and competition risk more than a construction one, and it is worth modelling before you commit. Read how to buy off plan in Dubai first.

All Reportage Properties projects

Interested in Taormina Village 1?

Tell us the size and budget you have in mind. We will come back with what is available now, the developer's current terms, and comparable projects if this one does not fit.

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TRPE Real Estate is a company registered in Dubai, United Arab Emirates. Trade License No. 999314 · RERA ORN 28357 · Office 1201, Ascott Park Place, Sheikh Zayed Road, Dubai. Regulated by the Real Estate Regulatory Agency (RERA).