Melrose is a residential community that is being built in the family-friendly area of Damac Hills in Dubai. The project is scheduled for completion in December 2022, and the main developer is DAMAC Properties.
Melrose offers villas in a Californian style. Bedrooms are designed using pale gold and cream hues. Properties features Smart Home systems, 24-hour security with video surveillance, centralised cooling systems, and high-speed internet. The community also includes a private golf cart and access to a nine-hole golf course.
Five-bedroom villas are available for sale and rent. Units cover an area of 6,112 sq. ft. (568 sq. m) and cost AED 7,000,000 (USD 1,906,000).
The Damac Hills area offers an abundance of parks, leisure areas, and sports facilities. The community is ideal for young couples and families with children. The location of the complex provides residents with easy access to Dubai’s central and coastal areas, which also makes the area attractive among investors.
Melrose offers properties with a return on investment rate of 5.04%. This is considered to be a good investment opportunity with stable annual returns.