About Jasmine Lane by Elie Saab
Status
Under construction
Deadline
Q3 2024
Developer
Durar Properties LLC
District
Jumeirah Golf Estates
Squares
from 2,201 sq.f.
Price
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Deadline
Developer
District
Squares
Price
For those who desire to live in luxury, enjoying all the benefits of premium housing, apartments are offered within the Jasmine Lane residential complex by Elie Saab. The location of this facility is Jumeirah Golf Estates, and its developer is Durar Properties LLC, a division of Durar Group. 138 townhouses for three bedrooms of any kind are planned for delivery. The residences will be offered in a ready-made renovation. The total dimensions of apartments in Jasmine Lane by Elie Saab — from 204 sq. m. to 217 sq. m. In this case, the developers do not include open terraces and enclosed garage spaces in the mentioned figure.
As of the beginning of summer 2023, the property has a completion status of 72%. This means that 72% of the construction work has already been completed, and the remaining 28% is yet to be finished. The developer promises to deliver it for the third quarter of 2024. Families with children will find the complex most comfortable to reside in, as it offers interesting opportunities in terms of amenities and entertainment that cater to their needs and preferences. Residents will have the opportunity to visit the Jumeirah Golf Estates, which features two popular golf courses — the Earth Course and the Fire Course, both designed by Greg Norman. The Country Club also provides access to fitness halls, tennis academy, and many other locations.
Buying apartments in Jasmine Lane by Elie Saab is very profitable both in terms of housing and as an investment for additional earnings. Indeed, by renting out apartments in the residential complex after its completion, tenants have the opportunity to expect a high level of profitability. According to research, for the third quarter of 2023, it is estimated at a total figure of 7.9% for a three-bedroom townhouse. Renting out the apartments for a year is estimated to be at the level of AED 325,000 (USD 88,500).
Comparing this data with the indicators from the last quarter of the previous year, one can draw conclusions about the increasing rental prices. Last year, the cost of housing at a minimum was AED 320 000 (USD 87 000). In other words, real estate in the framework of Jasmine Lane by Elie Saab has significant investment potential.
Since the offerings in this complex involve financial investments exceeding AED 2 million
(USD 545,000), property buyers receive a unique opportunity to obtain a 10-year Golden Visa. In addition, in such a situation, they will be able to sponsor their family and servants.
Layouts:
Townhouses
first installment
20%
under construction
20%
on key handover
60%
Each residence owner within this project can expect to have two parking spaces and a backyard. According to the layout, the townhouses include additional features such as a room for domestic staff, a ladies’ room, and a spacious terrace. The kitchens will be equipped with modern household appliances from well–known manufacturers – Siemens or other brands. Those living on the territory of the residential complex get the opportunity to enjoy all the benefits:
Pool
Sports Hall
Children playground
Barbecue area
24/7 security
Covered parking
Cafes and restaurants
Jasmine Lane by Elie Saab is strategically located near Sheikh Zayed Bin Hamdan Al Nahyan Street, providing residents with convenient access to transportation throughout the emirate. In just half an hour by private transport, you can get to Dubai International Airport, Downtown Dubai and Dubai Marina.
Within walking distance, residents of Jasmine Lane by Elie Saab can find the Fairway Mall, which features a two-level supermarket, a pet store, and a restaurant. By time, the road to the shopping center takes only a couple of minutes. You will reach other relevant locations in 15 minutes by car. In the list of the most interesting:
The last location is a popular and vast garden with a wide variety of plants, boasting over 15 million flower specimens and housing around 15,000 butterflies.
Downtown Dubai
Deadline 2026
Payment plan 5% / 55% / 40%
Price from $4,9 000 000
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