The address of this property claims it is located in Arabian Ranches, but it is technically down the road a little bit.
However, it has an exclusivity all of its own.
While the Ranches has carved out a niche for itself as Emaar’s suburban development inhabited by firmly middle-class types, Emaar’s Polo Homes development is located behind the Dubai Polo Equestrian Club on Al Qudra Road.
This K-Type villa has an asking price of Dh16.4 million, a figure justified by it’s 18,000 square foot plot and views over the vast green fields of the polo club – a view often accompanied by the muffled gallop of horses.
Officially opened in April 2006, the club now offers a gym, pool, restaurants, bars, spa, stables and vets. Situated next to Studio City, it sits opposite Arabian Ranches 1 and 2, which has a golf course and new communities springing up – almost daily – around it.
Polo Homes is made up of 71 villas surrounding the two polo fields.
The villa, which has been extended to more than 8,000 sq ft of modified built-up area, sits in a quiet cul de sac. It has six bedrooms, five of them en suite, and is decorated in a neutral style with white walls.
Downstairs, a large open living area with a huge German Hakka-designed kitchen and Miele appliances flows into a big family/entertaining area, a large dinning room, study, two en suite bedrooms, a guest powder room, laundry and maid’s room.
Upstairs, there are three en suite bedrooms and a large extended master suite all finished with Bagno Design and German Home bathroom suites and imported Spanish flooring.
The exterior is as sumptuous as the interior – open the by-folding doors on to the private plot and you’ll find an outdoor entertainment area with a large swimming pool, Jacuzzi, sunken seating area, bespoke BBQ and bar area, and a large sunbathing and lawn space. The villa is also close to the infinity community pool and park area.
Luke Jones, luxury sales director for Luxhabitat, the agent marketing the Dh16.4m property, tells Andrew Scott more about the villa:
What is the reason for buying this villa?
For a start it’s an Emaar development, which means the No 1 Dubai government developer has built and developed the community. It is a sub-set of Arabian Ranches which is a self-sufficient community which very few other communities, at this level, can claim. One has access to schools, golf clubs, mosques, gyms, bars and restaurants. The Ranches is one of the most established areas in Dubai and that, with the exclusivity of these villas, means you are buying into more than just a villa. Of course there are also the polo fields on your doorstep which no other development can lay claim to.
Dh16.4 million sounds expensive for a desert villa community.
It is expensive but it’s not at the top-end of prices for villas; the top end is from Dh30m to Dh50m. With the Polo villas, Emaar allowed customers to buy the shell and core – the outer walls and the roof – of the units and develop the interior themselves. That means that every villa is unique and has been finished in varying degrees of opulence.
Who is the seller?
No one has ever lived in this villa, it was bought by an investor and has been on the market for six months. The property market has been slow for the past 18 months therefore it is very much a buyers market out there and there is a disconnect between the asking price and the transaction price.
Follow The National’s Business section on Twitter