A five-storey residential building in Jumeirah Village Circle District 10 with one of the highest ROI potential and huge tenant’s demand due to attractive rentals.
Residential Building 2B + G + 4
PLOT AREA: 3,165.23 sq.m. (34,070.25 sq.ft.)
TOTAL AREA: 92,748 sq.ft.
PUBLIC AREA AT GROUND (gardens + swimming pools): 9,976.31 sq,ft
PUBLIC ROOF GARDEN: 13,904.62 sq.ft.
BASEMENT AREA (2 STORIES): 68,140 sq.ft.
A mixed use development with two service basement floors and public area at roof. It includes 39 2BR residential units, 28 1BR units, three studios and also a retail space at ground level. Almost all of the premises are currently leases out for long terms with current total rental income of AED 6 000 100 pa and potential income of AED 6 740 250 pa.
Current ROI: 7.5 per cent
Planned ROI: 8.43 per cent
For more details kindly contact Oleg LAVRIK (BRN 5201) on:
+971 502528188 (Viber, WhatsApp, Telegram, IMO)
IMEX REAL ESTATE BROKER LLC UAE
Office 2502, Marina Plaza, Dubai Marina, Dubai, UAE
Tel. +971 4 395 1911
Jumeirah Village Circle is an emerging freehold community where all types of property are available: villas, apartments, townhouses, offices, retail and plots for development. JVC has come a long way from the lows experienced in early 2009. As the market started reviving in late 2011 and early 2012, many deliveries started taking place and many other stalled projects were revived. Today, close to a hundred individual projects are completed in the community and while there are significant pockets of undeveloped land in the community, few doubt that these will gradually be developed. JVC is a large project and by some estimates, one of the more affordable areas to buy or rent a home in Dubai, which makes the location extremely demanded among property tenants and buyers.
A number of new real estate projects have been launched in JVC by major Dubai developers including Damac (Vantage & Constella), The First Group (The One by Ramada Plaza), SKAI holding (Suites in the SKAI), Indigo properties, Diamond Properties and Nakheel, which alone have developed 4 townhouse & villa communities in JVC.
- 24 hour maintenance
- 24 hour security
- Available Networked
- Retail Services
- Lease Management
- Business centre
- Convenience store
- Public transport
- Shopping centre