Bullet-Point Property: Dubai No. 112
This is the most common question that I am asked by overseas clients when they see the amount of construction for the first time, read one possible response here.
Over the last three years, we have experienced a shift in the market with a much greater demand for more affordable quality properties coming from expat residents who are making Dubai their home for longer periods and want to escape the rental trap.
These are the properties that Dubai’s growing middle class can afford and which coincidentally also tend to provide investors of "Buy to Let" properties a higher rental yield combined with the potential for mid to long term capital growth.
Here are some properties that fall into the affordable quality segment, please call or email me for further details, costs, rental yields, pictures and availability:-
Catering to millennials of Dubai with a collaborative and social setting, extraordinary amenities and places to work, study or just hang out overlooking the bustling Dubai Hills Boulevard. Centrally located, just 10 to 15 minutes away from Downtown and the Business districts and minutes away from the Dubai Hills Park, Golf Club and Dubai Hills Mall. Two beds from AED 1m with handover in June 2021. Pay 10% + 4% DLD + AED 3,500 now – 5 x 10% and 40% on handover in June 2021. Collective 2 at Dubai Hills Estate Brochure
A new Golf Community on the border with Dubai and Abu Dhabi, close to the Expo 2020 site and the new International Airport. Commuting distance to both Abu Dhabi and the centre of Dubai as well as nearby to Jebel Ali Port, the Logistics City and the light industrial areas of DIP and DIC. Two bedroom Urbana apartments from AED 1m on 30% during construction, 20% on handover in December 2019 and 50% over three years see the brochure here. Two bedroom Golf Views apartments from AED 1m on a payment plan of 30% during construction, 20% on handover in December 2019 and 50% over three years see the brochure here. Three bedroom townhouses from AED 1m on a special 5-year payment plan with handover due in April 2022 – see the brochure here
These beautifully designed and well-finished energy efficient apartments will demand some of the highest prices and rents once completed in Q4 2019.Impressive design, quality and detail in Dubai’s first solar-powered residential building in Jumeirah Village combining luxury with sustainability alongside extra low running costs making this a unique and exciting new project that will attract those looking to buy and rent quality properties in one of the most popular areas of Dubai. Studios from AED 438k, one bed from AED 704k and two beds from AED 1.39m. Handover Q4 2019. 30% during construction and 70% on handover for the one and two beds while studios 50% during the build and 50% on completion. see the brochure here
The latest from the most favoured developer in JVC and the culmination of everything that they have learned from their previous seven projects in this popular neighbourhood. These will be some of the most sought-after apartments by both end-users, investors and tenants. Well designed apartments with the best finishes and extra high-quality facilities are rare to find at this price level.- One bed from AED 766k to AED 853k, two beds from 1.174m to AED 1.376m and penthouse floor two beds with large outdoor terraces at AED 1.7m to 1.74m. Handover in Q4 2020. Pay 10% + 4% + 1500 now followed by 8 x 5% construction linked instalments and 50% due on completion. see the brochure here
From the same management and designers who delivered Downtown, Dubai Marina and the Arabian Ranches, this leading real estate developer knows a thing or two about creating communities where people aspire to live in Dubai. A true city within a city which will eventually be home to 85,000 people of all nationalities. Studios start at AED 450k and the one beds at AED 530k with handover in 2020 and on a 50% - 50% payment plan – UNA Townsquare Dubai Brochure. Two beds from AED 872k with handover in Mid 2020 – pay 5% + 4% + AED 3,500 now, 20% during construction, 10% on handover and then 65% over four years – Rawda 2 Brochure. Three bedroom Townhouses from 1.265m with handover in July 2021 -pay 50% during the build and 50% on handover – Sama Brochure
Dubai Marina – Studio One – just released one bed of 723 sq. ft. with a full Marina View – ready in July 2019 – pay 5% now, 15% in 3 months and 80% on handover and Zero DLD fee on offer at AED 1,241,000– Studio One Brochure
Are you planning a trip to Dubai this year? I hope we can meet, meanwhile here are 50 things to do in Dubai that are free. Read more here
Thank you for reading this and I hope to hear from you again very soon