This elite-class residential complex is presented by the developer London Gate and is situated in the popular Jumeirah Village Triangle area, known as MAYA V. The property is a six-story building offering 59 residences for sale, including one to two-bedroom apartments and two to three-bedroom duplexes.
Key features of this project include comfortable layouts and stunning city panoramas from the windows. Residents of these residences will enjoy views of Dubai Marina and Burj Al Arab. The sizes of each unit range from 65 sqm to 204 sqm. The advantages of purchasing property here include installed wardrobes, closed kitchens, and dedicated utility rooms.
The project is scheduled for completion by the end of 2024. During the construction process, buyers can choose a suitable payment plan, with a 40/60 format. The initial reservation deposit is 10%, followed by 30% during construction, and the remaining amount is paid after the property is handed over.
The starting rental cost for a one-bedroom apartment in Jumeirah Village Triangle is AED 55,000 (USD 15,000) per year, with an average ROI of 7.4% as reported in the fourth quarter of 2023. These figures can be considered quite favorable, indicating a promising rental income.
Investing in MAYA V offers the opportunity to obtain a resident visa valid for 2 or 10 years, depending on the acquisition cost. Each visa allows its use by all family members, and the Golden Visa extends to domestic staff.
