Calero is a gated community located in DAMAC Hills. It offers townhouses and villas for sale and rent. The project consists of two-story buildings featuring floor plans with three to five bedrooms. Developed by DAMAC Properties, Calero was launched in 2013.
Townhouses and villas range in size from 1,808 square feet (168 square metres) to 2,725 square feet (255 square metres), and prices range from AED 1,483,000 (USD 404,000) to AED 3,100,000 (USD 844,000), depending on the unit.
The entire complex is equipped with upscale features, such as Smart Home systems, centralised cooling units, and 24-hour video surveillance. Each unit comes with parking spaces for two vehicles.
DAMAC Hills is a newly developed family-friendly neighbourhood with an abundance of green spaces and a nearby 18-hole international golf course. It is suitable for families with children, as well as sports fans who value an active lifestyle.
The return on investment rate for a property at Calero is approximately 5%, and the annual rental cost for a unit ranges from AED 28,000 (USD 8,000) to AED 450,000 (USD 123,000), depending on the unit. Calero is an excellent real estate opportunity for prospective investors.