Jasmine Lane by Elie Saab

Jasmine by Elie Saab is a unique project located in the elite Jumeirah Golf Estates district. The residential complex was presented by the well-known development company Durar Properties LLC. A total of 138 three-bedroom townhouses are available. Each residence will be sold with a ready-made renovation.

The area of the property ranges from 204 to 217 square meters. This does not include the area of terraces and garages.

The developer announced that the residential complex will be commissioned in mid-summer or early autumn 2024. This project is the best place for couples and children, because there is a huge number of different entertainment and leisure activities around it. There will be an opportunity to visit the Jumeirah Golf Estates Golf Club, where the famous Earth Course and Fire Course courses are located. The Country Club has fitness areas, tennis, and paddle tennis courts and much more.

Investing in Jasmine by Elie Saab is beneficial in all aspects, including financial. You will be able to rent the purchased real estate. According to data for the second quarter of 2023, the average yield of the same 3-bedroom residences in this area was 7.9 percent. Rental of real estate here per year is 88.5 thousand dollars.

Comparing these data with the indicators for 2022, we can conclude that the cost of rent is increasing. A year ago, the initial price was equal to 87 thousand dollars. Since the cost of real estate in the residential complex is above 545 thousand dollars, future owners of residences will be able to get a ten-year Golden visa. This will also allow you to take your family and staff with you to the Emirates.