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Jumeirah Village Circle, Dubai
AED 1122.98 /sq ft
1-3BR
2023 Q4
Jumeirah Village Circle
A residential project by Binghatti Developers and part of Binghatti Holding, Binghatti Crest was released in Q4 2023. Located in Jumeirah Village Circle, the building offers 170 units, including 1–3 bedroom apartments with carefully crafted interiors and one retail space. Binghatti Crest apartments range in size from 618 to 1,259 square feet. Depending on the layout, they will also have 2 or 3 balconies that overlook the surrounding luscious greenery. This project will be designed in Binghatti Developers' signature modern style, which is a combination of traditional Middle Eastern elements. Not to mention the rooftop balcony concept, which will provide privacy and protection from the sun. The initial price of a 1-bedroom apartment in Binghatti Crest is AED 694K (USD 189K). The service charge for internal spaces is AED 10 per square foot (USD 2.72), and the service charge for balconies is AED 3 per square foot (USD 0.82). There are also a variety of 1 to 3-bedroom apartments available for purchase at Binghatti Luna in Jumeirah Village Circle. *Prices are valid for 2022 only A perfect residential option for families with children, Binghatti Crest is due to be completed in Q4 2023. Besides the amenities listed above, Circle Mall, JSS International School and Right Health Karama Medical Center can all be reached by car within about 10 minutes of the development. The latter destination offers the ultimate shopping and leisure experiences thanks to its array of retail shops, restaurants, family entertainment centers and more. The option of renting out a property in Binghatti Crest with the help of a property management scheme could generate additional income if you purchase one. As of Q4 2023, Jumeirah Village Circle registered an average gross ROI of 7% for 1-bedroom apartments, with an initial rental cost of AED 30K (USD 8K). Dubai allows investors to apply for a 3-year investor visa when they purchase a completed property worth at least AED 750K (USD 205K). As a result, you will be able to open a bank account, obtain health insurance, bring your family to the UAE, and much more upon receiving your Emirates ID after you receive Binghatti Crest.
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