Funding data (19 August 2023)
Raised
AED 353,750.37
Min. Goal
AED 1,415,000.00
Min. investment
AED 477.88
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Details
Country
Type
EquityBuy To Let
Sector
Real Estate
End date
17 September 2023 (-28 days)
Total yield
51.24%
Annual yield
10.25%
Duration/Maturity
60 months
investors
20
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Description
“Introducing our latest JVC Gem – a 2-bedroom apartment in Belgravia Heights 1, Jumeirah Village Circle (JVC)!Elevate your portfolio with Belgravia Heights 1, the standard of modern luxury brought to life by the renowned Ellington Properties. Throughout 2023, units by Ellington Properties held a 7% average premium over Dubai’s market, affirming its well-deserved reputation as a prominent high-end developer. This 1,096 sqft property features a spacious living/dining area, two elegant bedrooms, two bathrooms, a modern kitchen, a dedicated laundry room, and multiple balconies. The building itself boasts a fitness center, game center, resort-style pool, outdoor havens, a tranquil yoga space, and more, fit for a modern, family-oriented lifestyle.Given its prime position within JVC, Belgravia Heights 1 offers seamless access to Dubai’s key destinations. A short 5-minute drive to the community park, a swift 10 minutes to the iconic Mall of the Emirates, a breezy 15 minutes to landmarks like the Burj Al Arab and Burj Khalifa, and a convenient 25-minute journey to Dubai International Airport (DXB).As of now, JVC stands as one of Dubai’s most rapidly growing and sought-after communities, boasting surging transaction volumes and rental rates. Notably, JVC has truly taken the spotlight as Dubai’s top transacted area in H1 (Source: DLD). Impressively, as per Reidin’s data, property prices in JVC have surged by 20% since their 2021 low, while rental rates have skyrocketed by 43%, surpassing Dubai’s average growth of 41%. As of June 2023, JVC ranks as the second most sought-after area for rentals in Dubai over the last year.”
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- Source: https://www.findcrowdfunding.com/en/view/smartcrowd/685
