Overview

Property Description

This 20-storey residential building from Binghatti Developers is located in JVC District 12, Jumeirah Village Circle. In addition to 212 apartments, the development includes 5 retail units and 1 and 3-bedroom apartments. 1 bedroom units are generously sized at 616 square feet, while 3 bedroom units are more spacious at 1,491 square feet. With its unique balcony design, Binghatti Luna will offer ample outdoor living space along with utmost privacy. The master plan of Binghatti Luna also includes a basement level that will be used for parking. This type of concept will also provide shade, reducing the amount of energy required to cool the living spaces. Binghatti Luna prices start at AED 610,000 (USD 166,000) for a 1-bedroom apartment. There is a service charge of AED 10 (USD 2.72) per square foot for internal spaces and AED 2.5 (USD 0.68) for balconies. *Prices are valid for 2022 In Q3 2023, the development is expected to be completed, giving potential buyers a chance to acquire a property at a lower price during construction's initial stages. You will be interested to learn that the average gross return on investment in JVC, as of Q3 2022, is 7%, with the minimum rental price being AED 30,000 (USD 8,000). According to the Property Finder portal, these figures were revealed.. If you use our property management service, you can earn passive income from anywhere in the world. A 3-year investor visa is available to you if you purchase a property priced at a minimum of AED 750,000 (USD 205,000). A nuance in this case is that you will have to wait until construction is complete before applying for one, as this regulation does not cover off-plan properties.

Location