Volta is a new high-rise complex from one of the leaders in the real estate market in Dubai - DAMAC Properties. The tower is being built next to Sheikh Zayed Road, in the popular area of Downtown Dubai. The project offers 1-2 bedroom apartments and super luxury properties with 3-4 bedrooms. Residents will have access to premium DAMAC-branded amenities. For those who plan to invest profitably, there is an opportunity to buy a whole floor in the complex.
Volta by DAMAC Properties is a fresh development in the quarter near Sheikh Zayed Road in the Downtown Dubai area. The luxurious 60-story complex is developed by DAMAC Properties, which creates such elite projects as DAMAC Hills, DAMAC Bay by Cavalli towers, and DAMAC Lagoons clusters. The architecture of Volta is developed in collaboration with world-renowned specialists from Gensler. It is expected that the property in the complex will be ready for occupancy in March 2028.
The building includes: a common ground floor with a lobby, a 60-story tower with residential units and common areas with amenities, and a separate 13-level podium with a luxurious rooftop pool. Residences with 1-2 bedrooms will be located on the lower levels of the complex, while spacious super-luxury apartments with 3-4 bedrooms will be at the top of the tower. The area of the residences varies from 62 sq. m to 201 sq. m. There is also an option to buy a whole floor in the complex.
All residences will have a balcony, a bathroom, built-in wardrobes or walk-in closets in the bedrooms. The apartments also have a zoned kitchen with branded appliances. Apartments with 3-4 bedrooms will have an additional separate storage room.
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Volta is strategically located near the main highway in the emirate and world-famous attractions in Downtown Dubai. It takes about five minutes to drive to Burj Khalifa, Dubai Mall, Dubai Fountain. You can have lunch or dinner at one of the popular restaurants and F&B establishments in the area. Rossovivo, Versay Restaurant & Cafe, Di MARE Italian Restaurant, and others are located within a 5-10 minute drive from the tower.
Within a 10-minute walk, there are several bus stops and two metro stations: Business Bay and Burj Khalifa/Dubai Mall. The area is adapted for living with children. It takes 5-10 minutes to get to the nearest educational institutions from the complex. Among them are Learning Tree Nursery, Blossom Business Bay Nursery, Maple Bear Nursery Business Bay, Spanish online school in Dubai, DL School, Al Safa High School and others.
If you need medical assistance, you can choose from nearby facilities. For example, a trip to Aster Clinic Business Bay, Excellency Center, Emirates Hospital Clinics - Business Bay and others will take about five minutes.
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Burj Khalifa, Dubai Mall, Dubai Fountain, Coca-Cola Arena, City Walk, Museum of The Future
Palm Jumeirah, Dubai Marina, Dubai International Airport (DXB), Meydan Racecourse, La Mer Beach
The exclusive Volta complex will rise next to Sheikh Zayed Road, at the intersection of the prestigious areas of Al Wasl Dubai and Downtown Dubai. This location is convenient for future project residents - it takes just half an hour to get to all important locations in the emirate. You can reach the Business Bay business center, where international offices and representative offices of major companies are located, in less than five minutes. You can take a walk in the Ras Al Khor reserve by spending 15 minutes on the road. The famous Coca-Cola Arena concert complex and the City Walk quarter for pedestrian walks with many boutiques and cafes are located a 10-minute drive away.
The nearest beach on the coast of the Arabian Gulf, La Mer Beach, is less than a 20-minute drive away. To get to Dubai International Airport (DXB), it takes 20 minutes by car. The journey to popular locations on the coast of the Arabian Gulf in Dubai Marina takes just under half an hour. The same amount of time is required to get to the man-made Palm Jumeirah island.
The luxurious Volta complex is being built in the most elite location in Downtown Dubai. Future residents and tenants will have direct access to Sheikh Zayed Road, public transport, and the metro, making it easy to get to important locations in the emirate. Residents of the complex will be able to enjoy premium amenities. The residences are suitable for permanent living for businessmen and their families, young couples, families with children, and company employees.
The new tower offers real estate options that will interest potential investors. After completion of the construction, the residence can be resold profitably or rented out. Similar apartments in Downtown Dubai are rented out on average for AED 130,000 (USD 35,000) per year in the third quarter of 2023. The yield is at the level of 6.5%.
The Volta project has just been announced, and the developer offers an advantageous payment plan in installments: 80/20. At the same time, you pay 20% after the completion of the construction in 2028. The complex also offers three types of full-floor real estate for purchase. It can be divided into several residencies, remodelled and profitably rented out or resold as individual units.
Foreign buyers can obtain residency. To obtain a two-year visa, it is enough to buy a residency at a price from AED 750 thousand (USD 204 thousand). To obtain a Golden Visa for residency, the purchase price must exceed AED 2 million (USD 545 thousand). The document is issued for 10 years and allows the owner to act as a sponsor for family and domestic staff.
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