ID#UAE035
24 photo
Dubai (Business Bay), UAE

Luxury 18-storey residential complex on the Dubai Canal embankment (#IUAE 20-35)

1 171 000 $

«Approved Investment» VelesClub Int. — is an elite 18-storey residential complex being built on the Dubai Canal embankment. The apartment windows overlook the bay and the tallest building in the world — the Burj Khalifa skyscraper. The complex is located in Business Bay, in a neighboring area from Downtown Dubai. The location has good transport accessibility: several bus stops are within walking distance, and the main road of the emirate, Sheikh Zayed Rd, is 4 km from the building. By car, it takes only 5 minutes to reach Downtown Dubai, and 12 minutes to the airport. It's the same distance to get to the beaches of the bay: everything is nearby. The design of the building and interiors were developed by the bureau of the Italian hypercar manufacturer. The project will be visible from afar thanks to the spectacular flexible black façade. Here you can buy apartments with one to four bedrooms and private terraces. All residences are sold fully furnished, and the price also includes household appliances from famous world brands. A varied infrastructure for recreation and sports will be created for residents of the complex: an outdoor swimming pool, a gym with a sauna, and 24/7 concierge services. At any time you can order cleaning of the apartment or ask to reserve a table for dinner.

VelesClub Int. residents have special prices, individual forms of payment and installment payments.

*The analysis was carried out within the framework of an individual investment model to achieve maximum profitability for the period specified in the characteristics. For a full analysis or free consultation, contact our experts.

The main characteristics of the object

Commissioning 06/24
Entry point 1171k $
Projected price growth 25/10% year
Rental yield 7%
Exit point 1787k $
Total lots 83
Square 79 – 266
Layout 1+1 - 4+1
The current lease agreement no
Analysis Period ➠➠➠ 06/26*

Social infrastructure of the facility

Pool
Gym
Conference hall
BBQ area
Game room
Rest zone
Landscaped area
Spa area
Concierge
Parking
Video surveillance system
24 photo
Posted 20.11.2023

ID#UAE035 / On the map

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