Overview

Property Description

As a real estate arm of Naseeb Group, North 43 Real Estate Development LLC is a deluxe 20-storey apart-hotel located in Jumeirah Village Circle (JVC). Valor Hospitality, a leading global, full-service hotel management company with 85+ hotels in its portfolio across the globe, manages 228 serviced units in the trendy complex, which features 228 serviced units. There is a choice of fully-furnished studios and 1–3 bedroom apartments with premium finishes ranging in size from 337 square feet to 1,854 square feet. We can provide you with detailed information regarding property purchase prices in North 43 if you register your interest on our website. With a hotel rental pool that will allow you to earn passive income without much effort, North 43 is an ideal investment due to completion in Q1 2024. According to this model, a property owner's revenue share would be pooled and distributed based on the square footage the property possesses. The service charge is AED 18 (USD 4.9) per sq. ft. According to the developer, the rental pool is expected to return 7.34 % in the first year, growing to over 9 % by the fourth year, resulting in net investment returns per square foot. It will cost AED 102 (USD 28) per square foot in the first year, and will cost AED 129 (USD 35) by the fourth year. A two-year investor visa can be obtained in Dubai when you invest in property worth at least AED 750,000 (USD 204,000). Alternatively, if your investment exceeds AED 2,000,000 (USD 545,000), you will be eligible for a 10-year Golden visa, which includes an Esaad card as well as other benefits. *Prices are valid for 2023

Features & Amenities

Location