Bullet Point Property No 40
The end of Ramadan marks the beginning of a long weekend for the Eid holiday and the completion of the many special offers from the developers in Dubai
It has been a busy month for both sales and rentals, we have rented the last of our clients' apartments in Belgravia 1 and have managed to secure some of the highest rents for one and two bedroom apartments in the area. This bodes very well for investors and the developers' other projects in JVC, Belgravia 2 and Eaton Place
It's not always about location as in other cities, here you can have neighbouring buildings with similar size apartments and views and yet rents and price differences of over 50%.
When buying a property in Dubai for investment, it is important to understand the drivers that make one building stand out from its neighbours and attracts buyers and tenants who are prepared to pay a premium to live there, where occupancy levels are always high and where your property is an appreciating asset that is consistently earning you an income.
Next week, the schools break up for the summer holidays, the heat and humidity gauge will be set to high, the hotels will be offering enticing packages and the Malls will fill with shoppers searching for a bargain during the Dubai Summer Surprises Shopping Festival
I have no plans for the summer at the moment and should be available throughout to meet with you, just let me know dates.
I hope to see you very soon
The fabulous DT1 (Downtown One) which has already won "best residential high rise" in the Middle East two years running finally launched this week.
The apartments are the epitome of luxury and function within a contemporary design and all located at the centre of Dubai.
- Studios from AED 1,189,828
- One beds from AED 1,988.828
- Two beds from AED 2,896,828
- Three Beds from AED 4,681,828
Pay 10% now, 40% in construction linked instalments and 50% on handover in June 2019.
Rawda 1 in Town Square is located directly on the Main Square and Park, it will be one of the tallest residential buildings in the area plus it boasts two pools and a tennis court for the exclusive use of the residents. The Ramadan Payment Plan is about to end but that does not lessen the appeal of these apartments
- Two beds range from AED 942k to AED 1.14m ,
- Three beds range from AED 1.54m to AED 1.65m
Town Square is on my list of recommended properties for investors who are looking for high yields without having to compromise on quality and value
The third phase of the villa and townhouse community, Serena in Dubailand, launched this week
- Two beds + Maid from AED 1.34m
- Three beds + Maids from AED 1.57m
5% on booking then 7 x construction linked installments with 60% on completion in 2020
When completed, I am sure that all of Dubai will know the Marina Gate Residences and it will become one of the most sought after homes in the city.
Marina Gate 1 has a special payment plan of 10% on booking, 30% on completion, then 60% over two years post-handover
Marina Gate 2 has 30% during construction and 70% on completion in 2018
- One beds from AED 1.58m
- Two beds from AED 2.3m
- Three beds from AED 4m
This new development is next door to Downtown but sits in parkland alongside a canal. Some of the best quality available in Dubai and now with "investor sized" apartments.
- Studios from AED 753k
- One bed from AED 1.1m
- Two beds from AED 1.89m
Thank you for reading this far and have a great weekend
Please message me whenever you have any questions on any of the above or if you are planning a trip to Dubai so we can arrange to meet.