Overview

Property Description

There are 176 studio and 1-bedroom apartments available in Pearl House, a 15-story (G+4P+11) complex by Imtiaz Developments in Jumeirah Village Circle. The properties range in size from 407 square feet to 790 square feet. In addition to studios and 1-bedroom apartments, Pearl House 2 offers properties with sizes between 413 sq. ft. and 797 sq. ft. Apartments will have balconies overlooking the leafy neighbourhood, while 1-bedroom units will have a built-in office, which is perfect for home workers. Each Pearl House residence will be equipped with a wide array of branded devices, such as a 65-inch Samsung TV, a 24-inch iMac, Bosch appliances and Alexa smart home technology. The living environment will be even more enjoyable with Fondovalle tiles, Geberit fixtures, and Gessi sanitaryware. A 1-bedroom residence in Pearl House starts at AED 822K (USD 224K). The service charge is about AED 14 (USD 4) per square foot. As of July 2023, apartments with 1-bedroom configurations in Pearl House 2 are priced at a minimum of AED 758K (USD 206K). *Prices are valid through 2023 Pearl House is expected to be completed by Q4 2025. Property in this development is ideal for young specialists and businessmen because of its built-in home office. Located in a well-established community within 20 minutes of Business Bay, Pearl House offers easy access to the thriving commercial hubs of Dubai. After handover of the properties, you will have the option of renting them out either short- or long-term. Jumeirah Village Circle's 1-bedroom apartments generate an average gross ROI of 7.7% as of Q2 2023, a high indicator across the affordable housing segment. There are initial rental rates of AED 60K (USD 16K) per year, AED 6K (USD 1.6K) per month, AED 2K (USD 544) per week and AED 200 (USD 54) per day. If you invest AED 750K (USD 204K) or more in Pearl House apartments, you can obtain a 2-year investor visa. If you invest AED 2M (USD 545K) or more, you will be able to obtain a 10-year Golden Visa.

Location