Flat 51 м² in Dubai, UAE (United Arab Emirates)

ID D1129_NORTH_43

North 43 is a 20-story aparthotel building managed by Valor Hospitality in JVC. The complex will feature 229 fully furnished serviced apartments, including studios and 1-3 bedroom apartments, all with balconies. Buyers can invest in property at North 43 as part of a rental pool with great potential for return on investment. The complex will have excellent amenities, and the JVC area is well known for its well-developed infrastructure, with practically everything within a few minutes' walk from the complex.

Location Features:

• EXCELLENT TRANSPORTATION CONNECTIONS
• 15-MINUTE DRIVE TO EXPO 2020 VENUE
• SELF-CONTAINED COMMUNITY WITH ALL AMENITIES WITHIN A FEW MINUTES' WALK IN THE JVC COMMUNITY
• SCHOOLS IN CLOSE PROXIMITY TO THE COMMUNITY
• MINUTES AWAY FROM SHEIKH MOHAMMED BIN ZAYED ROAD AND NOT FAR FROM AL HAIL STREET
• 7-MINUTE DRIVE FROM SHEIKH ZAYED ROAD
• 10 MINUTES TO JBR
• 20-MINUTE DRIVE TO AL MAKTOUM INTERNATIONAL AIRPORT
• 25-MINUTE DRIVE TO DUBAI INTERNATIONAL AIRPORT

Amenities:

• SWIMMING POOL
• VALET PARKING SERVICES
• HOUSEKEEPING
• CABINET/CONFERENCE ROOM
• CONCIERGE
• INDOOR AND OUTDOOR PLAY AREAS
• GAME ROOM
• FITNESS CENTER
• MUSIC ROOM
• LANDSCAPED CENTRAL COURTYARD

Area Sizes and Prices:

• STUDIO - 31 SQ. M. APPROX. FROM 550,000 AED
• 1 BEDROOM - 51 SQ. M. APPROX. FROM 800,000 AED
• 2 BEDROOM - 72 SQ. M. APPROX. FROM 1,100,000 AED
• 3 BEDROOM - 117 SQ. M. APPROX. FROM 1,700,000 AED

Local Infrastructure:

• SUPERMARKETS: 24-hour Choithrams Manhattan Tower, Eight Supermarket, 24-hour Mini Mart, Shurooq Al Madina, Express Mart
• PUBLIC TRANSPORT: Furgan Metro, BUS - Shoba Daffodil Apartments
• SCHOOLS/NURSERIES: JSS International School, Sunmarke School, Kids World Nursery, Stepping Stones Play School, Nord Anglia School
• MEDICAL FACILITIES: Mediclinic Parkview Hospital, Right Health Karama Medical Center, La Familia Medical Center, HMC Medical Center
• RETAIL/F&B OUTLETS: Within the hotel, City Centre Me'aisiem, Circle Mall, Mall of the Emirates
• PETROL STATION: ENOC - 1055, JVC Petrol Station
• ATTRACTIONS: Expo 2020 Venue, Dubai Butterfly Garden, Sports City, JVC Garden

Fully furnished and serviced residences in the North 43 area will include Italian furniture, oak floors and finishes, Spanish ceramic tiles, and German-designed kitchens. All living spaces will also feature light grey marble floors, with neutral interiors and a grey color palette.

Key Features:

• ALL APARTMENTS HAVE AT LEAST ONE BALCONY
• SOME ROOMS ALSO FEATURE A BALCONY JACUZZI
• OPEN PLAN LIVING/DINING AREA AND KITCHEN
• EXCELLENT FACILITIES ON HOTEL GROUNDS
• PANORAMIC WINDOWS/FLOOR-TO-CEILING WINDOWS

Advantages of Buying:

• FREEHOLD AREA, SO ANY NATIONALITY CAN BUY PROPERTY HERE
• SELF-CONTAINED PUBLIC COMMUNITY WITH RETAIL OUTLETS, F&B, AND SUPERMARKETS
• WELL-ESTABLISHED RESIDENTIAL AREA
• GREAT PAYMENT PLAN OPTIONS
• EXCELLENT TRANSPORT LINKS
• CLOSE TO ALL AREAS OF THE CITY
• WELL-REGARDED GLOBAL DEVELOPER
• GREAT POTENTIAL FOR RETURN ON INVESTMENT AND RENTAL POOL
• MANAGED BY VALOR HOSPITALITY - AN AMERICAN HOTEL MANAGEMENT COMPANY
• HIGHLY SOUGHT-AFTER AREA FOR SINGLE PROFESSIONALS
• EXCELLENT OPTION FOR SHORT-TERM AND LONG-TERM RENTAL

Payment Plan: 60/40 cash or 70/30 over 2 years (booking fee 10%)

Investment Return: 7.34% - 1st year, 9% - 4th year

Developer Information:

North 43 is a real estate development arm of the Naseeb Group, a family-owned business established in 1982. Naseeb Group operates in various sectors including trading, agriculture, F&B, and fashion. Inspired by Toronto, Canada, the company has been building villas and townhouses in Canada since 2001. Previous North 43 projects included Platinum Residences in JVC.

What You Need to Know:

• SERVICE CHARGE: AED 18 PER SQ. FT
• ALLOCATED PARKING: YES
• RESELL POLICY: OFF-PLAN AFTER 40% PAYMENT