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Verdana

Dubai Investment Park, Dubai

2730 sqft

AED 1,896,000

AED 694.51 /sq ft

Overview

Handover

2024 Q4

Area

Dubai Investment Park

Property Description

Located in the dynamic mixed-use neighbourhood of Dubai Investments Park, Verdana is surrounded by lush greenery. With 305 units to choose from, this development was launched in Q2 2022, offering a variety of luxurious four-bedroom residences. Verdana townhouses have a total area of 2,730 sq. ft. to 3,855 sq. ft. of which 1,882 sq. ft. is dedicated to the interior. Master plans indicate that each townhouse includes four levels (G+1+2+R), with layouts such as a maid's room with an ensuite bathroom, a backyard, a front garden, dressing rooms, and private balconies/terraces. Furthermore, the Verdana residences will include private parking spaces for homeowners' comfort. Other defining features of the Verdana residences include: Verdana will also feature a variety of family-oriented amenities, including the following: The minimum price for a Verdana townhouse is AED 1,896,000 (USD 516,000). *Prices are valid for 2022 A major benefit of purchasing off-plan property is that its capital value is guaranteed to increase during the last stages of construction and upon completion. Verdana townhouses are worth considering as an investment as well, given the previously mentioned information regarding their family-friendly amenities within and surrounding the development. You can, for instance, lease this property for a subsequent lease, since Property Finder found that 4-bedroom townhouses or villas in the DIP area yielded 20.8% gross yields as of Q2 2022.. Additionally, the initial rental cost for this type of unit is currently AED 250,000 (USD 68,000). With the recently introduced amendments, which will take effect in September 2022, you will be eligible for a Golden Visa residency when you purchase an off-plan property worth at least AED 2,000,000 (USD 545,000). As a result of this visa scheme, a holder can live, work, and study in the UAE without needing an Emirati sponsorship.

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