ID#UAE114
13 photo
Dubai, UAE

Investment apartments at 9% per annum in the center of Motor City, Dubai, UAE (#IUAE 20-114)

507 000 $

“Approved investment” VelesClub Int. – modern apartments, 3+1 layout, area 175 m2 in Dubai. The residence has many amenities including a cinema, tennis courts, volleyball courts, children's playground, recreation areas, shops, restaurant, yoga club, golf simulator, outdoor infinity pool (90 m), gym, spa and parking. The project is being developed by a reliable developer with extensive experience in the Dubai market, included in the “Top Real Estate Companies” according to Forbes in 2018. Commissioning of the facility is scheduled for 2025. Benefits include investment during construction, which provides above-average rental income in Dubai (9% per annum) due to high demand and limited housing in the area. Located 15-20 minutes from the Dubai Investment Park and Dubai Marina, the area is dynamically developing with rising property prices. The project offers hotel-level rental income without management obligations, and investors can sell or lease the property upon completion. Secure transaction with DLD registration and financing through escrow. A discount is provided for full payment. The location assumes proximity to a green residential area with developed infrastructure, next to the Formula 4 track and an autodrome, which annually attracts more than 300,000 spectators. Within walking distance of a shopping center, school, medical center, supermarkets, cafes, restaurants.

For residents of VelesClub Int. Special prices, individual forms of payment and installment payments are available.

*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 complete analysis or free consultation, contact our specialists.

The main characteristics of the object

Commissioning 2025
Entry point 507k $
Projected price growth 8/15% year
Rental yield 5%
Exit point 850k $
Total lots 450
Square 175
Layout 3+1
The current lease agreement no
Analysis Period 12/2027*
13 photo
Posted 15.07.2024

ID#UAE114 / On the map

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