Golf Views - Seven City

Golf Views - Seven City
Properties

Golf Views - Seven City

AED 833,888

location

City Dubai
Area Jumeirah Beach Residence
Developer Seven Tides
Property Type

Essentials

Type Properties
Availability Limited Units
Bedrooms 1
Bathrooms 2
Speciality 2 Years Payment Plan
Plot size 1072 sq ft

About this property

Golf Views Seven City by Seven Tides is a rebranding of the Dubai-based Seven City housing project, which launched back in 2018. It consists of two connected 27-storey towers with a glass façade. The housing estate is located in the Jumeirah Lakes Towers area. Golf Views Seven City is the company's largest project, which is not surprising. This community is the largest single architectural structure in the emirate after the Burj Khalifa. After the Burj Khalifa. The total cost of its construction is estimated at AED 1 billion. Golf Views is a self-contained residential community with its own shopping centre, cafe and restaurants. The average yield on Golf Views Seven City properties is 7.4%, which is very high even by Dubai standards. There is a very simple explanation for this: JLT district offers high-end apartments in a central location close to key attractions and the emirate's business centre. However, the cost of local apartments in Golf Views is relatively low compared to similar-class accommodation elsewhere in the emirate. Jumeirah Lake Towers (JLT) is a popular mixed-use district in Dubai that is the Dubai Multi Commodities Centre - DMCC project. The JLT has a free economic zone (also DMCC) within its boundaries, which was voted Best Freehold Zone for the 6th time by the Financial Times fDi Magazine in 2020. The development has an area of 1.8 km², on which both residential and commercial properties, shopping and leisure facilities are concentrated, and 3 artificial lakes with a park area have been created. In total, the area is divided into 26 clusters named after the letters of the alphabet, from A to Z. Although 80% of the district's buildings had been completed by 2011, many facilities are still under construction, with a total of 80 high-rise towers planned. Jumeirah Lake Towers district is classified as a quiet and tranquil area with good transport accessibility and excellent infrastructure, and due to its relatively low prices it is most attractive to professionals and couples with children. Property in JLT is a lucrative investment opportunity. The special economic status of the area and the availability of jobs in JLT itself, with quick access to other business areas both by car and by public transport, make it attractive to end-users and tenants alike. According to the Bayut Market Report 2020, JLT is one of the best areas in Dubai for buying low-cost apartments. The ROI for the area ranges from 7.3%-8% per annum for studios and 1-bedroom apartments, 6.6% for 3-4-bedroom apartments and up to 5.8% per annum for penthouses.

Features

Views Jumeirah Beach Residence
Amenities Fitness Centre & Gym, 24/7 CCTV, Infinity Pools, Furnished Apartments

Property representative

Yasmeen Yahya

Senior Property Consultant

FH-256633

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