Overview

Property Description

Developed by Durar Properties LLC, a Durar Group entity, Jasmine Lane by Elie Saab is the first branded project by Elie Saab in Jumeirah Golf Estates. There are 138 units available for purchase here, namely three-bedroom, single-row townhouses. The high-end properties are fully refurbished and designed by the Lebanese icon. Jasmine Lane by Elie Saab offers units between 2,201 sq. ft. and 2,332 sq. ft. This does not include the area of a shaded garage and uncovered deck. Each residence will have two floors (G+1), and two parking spaces. Besides a maid's room, terraces, backyards, and powder rooms, townhouses are equipped with Siemens refrigerators, cookers, and microwaves. For a townhouse in Jasmine Lane (Elie Saab Edition), the initial cost is set at AED 3.7M (USD 1M). The estimated service charge for the BUA is AED 5.5 (USD 1.5). It features a collection of bespoke townhouses, villas, and mansions with staff rooms, covered parking spaces, and terraces, similar to Jasmine Lane by Elie Saab. *Prices are valid for 2023 Approximately 72% of the construction of the project has been completed, and it is scheduled for completion in Q3 2024, according to the developer. You'll have easy access to Jumeirah Golf Estates Country & Golf Club when you live at Jasmine Lane by Elie Saab. Designed by Greg Norman, the Earth Course and Fire Course are world-renowned golf courses.. The Country Club offers fitness zones, swimming pools, tennis and paddle tennis academies, and more. A property in Jasmine Lane by Elie Saab is worth considering not only for private use, but also as a rental. As of Q2 2023, the gross average ROI for 3-bedroom townhouses in Jumeirah Golf Estates reached 7.9%. AED 325K (USD 88.5K) per year is the starting rental rate in Jumeirah Golf Estates. In Q4 2022, Jumeirah Golf Estates had a yield of 7%, while a minimum rental price of AED 320K (USD 87K) was charged. As a result, Jasmine Lane by Elie Saab has a lucrative profit potential that will only increase as the neighbourhood develops. If the property value in the development exceeds AED 2M (USD 545K), homeowners can apply for a 10-year Golden Visa, as well as sponsor their family and domestic workers.

Location