Overview

Property Description

The Highbury is a premium 29-storey complex consisting of 2 buildings by Ellington Properties in the sought-after area of Mohammed Bin Rashid City. Among the properties available are studios, one to three bedroom apartments, three to four bedroom duplexes and four bedroom penthouses, ranging in size from 425 sq. ft to 5,254 sq.. Upper floor apartments, which house the premium duplex units, are more extravagant and lavish. Each property in The Highbury will have a private balcony, overlooking either the Burj Khalifa/Ras Al Khor area or the Crystal Lagoon/villa community. Additionally, certain layouts will include a study room and maid’s quarters for maximum convenience and comfort. Key features include: Several sections of The Highbury will be filled with the following amenities for an unparalleled leisure experience. One-bedroom apartments in The Highbury start at AED 1.5M (USD 408K). *Prices are valid for 2022 With an exit from Meydan One Street, Nad Al Sheba 1 (D69), The Highbury by Ellington Properties will be conveniently located near Al Ain – Dubai Road and Ras Al Khor Road for easy commutes to/from key Dubai destinations. It is, however, possible to reach Dubai Marina, Downtown Dubai, Business Bay, and Dubai International Airport within a 20-minute drive.. The upcoming complex will be adjacent to Creek Vistas Grande, an upscale apartment development by Sobha Realty. A short drive from the DIFC, among other thriving commercial hubs, and a short drive from other thriving commercial hubs, the Highbury will appeal to single professionals, couples, and families with children. Hartland International School for children up to the age of 13 and North London Collegiate School for students between the ages of 3 and 18 are located in close proximity to the signature residential complex, explaining why this is so. If you are seeking to invest in The Highbury as a commercial asset for a subsequent lease, you should be aware that the gross ROI for 1-bedroom units in MBR City has reached 5.8%, according to Property Finder, as of Q4 2022. One-bedroom apartments in MBR City, on the other hand, start at AED 60K (USD 16K) a year. In determining the estimated net profit from renting, please consider the service charge of AED 16 (USD 4.36) per square ft in The Highbury when calculating a rental.. As a landlord, it is worth considering using a property management service to simplify the entire lease process. When you purchase an AED 750K (USD 205K) ready unit in Dubai, you can apply for a three-year investor visa through the Taskeen Programme by the DLD. Alternatively, if the price of the property exceeds AED 2M (USD 545K), you can apply for a Golden Visa, which will grant you a 10-year residency permit. As a result, once The Highbury is completed in Q4 2025, you can fully enjoy living in the UAE with your family on a long-term basis.

Features & Amenities

Location