Overview

Property Description

Pacific Edmonton Elm is a five-storey residential complex located in Jumeirah Village Triangle, District 2, Dubai. Pacific Ventures developed the project, and Al Hatmy Design & Engineering Consultancy crafted the architectural design. In the second quarter of 2021, Pacific Ventures completed the project. There are 66 residential units, including studios, three-bedroom duplexes, and one- to three-bedroom apartments. The apartments feature spacious living rooms, modern kitchens, balconies, laundry rooms, and panoramic windows. Some apartments include two bathrooms and two balconies, and three-bedroom apartments include powder rooms, study areas, and dining areas. As part of Jumeirah Village Triangle, properties are available for sale by both local and foreign investors. Due to the rapid development of the community, tenants and investors are in high demand for residential units. Depending on the type of unit, property investment yields between 6% and 7%. AED 35,000 (USD 10,000) to AED 80,000 (USD 22,000) is the annual rental rate, and the estimated payback period ranges from 16 to 19 years. *Prices are valid for 2021

Location