The Economic Attractiveness of Jumeirah Golf Estates
Business

The Economic Attractiveness of Jumeirah Golf Estates

offplandxb
offplandxb
2 min read

The most recent addition to the community, the Alandalus neighborhood has freehold residential real estate, in addition to commercial and recreational services and structures. Seven hundred fifteen flats and 95 townhouses make up the subcommunity that is located here. In this neighborhood, flats with one bedroom start at a price of AED 685,000 (USD 186,500), while townhouses with two bedrooms begin at a price of AED 1,500,000 (USD 408,400). The yearly rent for the most affordable apartment with one bedroom is AED 49,000, which is equivalent to USD 13,400.

Another well-liked neighborhood, Whispering Pines, has a total of 160 individual villas and was finished construction in the year 2013. The residences in this development project are designed in the classic Tuscan style and have wooden accents throughout. These homes have three or four bedrooms. Units with three bedrooms start at AED 3,900,000 (USD 1,062,000), but the most sought-after rental option is a four-bedroom villa, which may be rented for a minimum of AED 239,000 (USD 65,100) each year.

Lime Tree Valley is home to villas with 4, 5, and even 6 bedrooms, all of which are designed in the Mediterranean style. Lime Tree Valley condominiums with four bedrooms start at a price of AED 4,250,000 (USD 1,157,100), and they may be leased out for a minimum of AED 265,000 (USD 72,200) every year.

Other sub-communities include Redwood Park, Flame Tree Ridge, Redwood Avenue, Hillside, Jumeirah Luxury, Olive Point, and Orange Lake, just to mention a few of the options available to residents.

The villas with two bedrooms provide the best return on investment of any property type in Jumeirah Golf Estates, at 6.4%.

To invest in property, go to Off Plan Properties Dubai.

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