We offer investment in a new project "Hamilton House" from the premium developer Ellington Properties, which, due to high demand, did not go on sale and was sold out in just 4 days!
InVenture with partners in the UAE received the exclusive right to sell real estate on the 4th floor of the "Hamilton House" project
Investment amount (cost of 1 apartment):
- Minimum area (36 sqm): AED 590,230 (USD 161,707)
- Maximum area (120 sqm): AED 1,585,254 (USD 434,316)
- First installment: 20+4% (from USD 38,600)
About Ellington Properties
About Hamilton House
Hamilton House is a new residential complex with resort amenities from designer property developer Ellington Properties, which will be located in the prestigious Jumeirah Village Circle (JVC) area with many parks. European style area dominated by villas, townhouses and low-rise buildings.
In 2021, Jumeirah Village Circle became the most popular area for buyers and investors looking for affordable apartments, according to a report by Bayut & Dubizzle. At the same time, the ROI for this type of property in JVC was 6.29%.
The 5-storey building stands out with a spectacular façade, decorated in a contrasting palette of white and gray with hints of copper. The residential complex will include 101 residential units: stylish studios and luxury apartments with 1 and 2 bedrooms ranging from 36 to 121 square meters. m. All layouts have balconies, as well as their own laundry.
Location: next to the Ellington Belgravia project: https://goo.gl/maps/YCFkgtfqGHD7nYuo7
Good transport accessibility in any direction of Dubai, exit to the two main highways of the city, 15-20 minutes to any central area of the city.
Bus stops JVC, Shoba Daffodil Apartments 1 and JVC, Al Wazzan Tower 1 are within a 5-minute walk from the complex. key areas of the emirate.
Within a 10-minute walk of Hamilton House you will find a wide range of essentials:
- supermarkets Best Buy Supermarket JVC and Tudomart Supermarket;
- restaurants Ghana Food Dubai, Al Karya Snack, Sticky Rice, CREPE CASTLE CAFE, etc.;
- LIFE Pharmacy - JVC LIFE;
- JVC – Halfa Park with a children's playground and jogging track, and Pet Friendly District 13-2 Community Park.
- 15 minutes - Palm Jumeirah, Dubai Marina, Burj Al Arab;
- 20 minutes - Business Bay, Jumeirah Beach, Dubai Mall, Burj Khalifa, Dubai Fountain, Ain Dubai, Museum of the Future, Dubai International
- Financial Center (DIFC);
- 25 minutes to Dubai International Airport (DXB);
- 30 minutes from Al Maktoum International Airport (DWC).
Features of the Hamilton House project:
- High-quality designer finishing of apartments (apartments are rented with repairs and all kitchen appliances).
- Stylish entrance groups with wi fi, European style of the building facade.
- A parking space is provided free of charge.
- Developed internal infrastructure: coworking; a large swimming pool with a baja shelf (a step that allows you to put a sun lounger into the water), a spacious terrace and gazebos; outdoor children's play area; active recreation area and lounge; barbecue area; sauna; fitness center and yoga studio; parking (including places for people with disabilities); bike parking; electric vehicle charging station.
Investment attractiveness:
Ellington Properties is a boutique developer, one of the leaders in the quality of construction and finishing, is one of the top 5 in Dubai and ranks first in terms of price / quality! They have completed dozens of projects since 2014. He always puts objects into operation on time and often even ahead of schedule.
The project will be put into operation in 1.5 years, since it is not large and will be built quickly, which means that the investor does not need to wait 3-4 years until it is built, as is the case with other developers (now projects with a commissioning date of 2026 and 2027)
Projects by developer Ellington Properties increase in price by an average of 30% during construction.
High rental yield in the area of presence, which allows you to receive about 8% per annum, without taking into account the growth in the cost of real estate, about 30%, and then at least 10-15% - the average annual increase in property prices in Dubai. The rent of apartments in this area from the developer Ellington Properties is - 65,000 - 70,000 AED (USD 19,000 per year), each year, as a rule, it increases by an average of 10-15%.
The apartments are liquid for both resale and rental as Ellington Properties only builds low-rise buildings with a limited supply of apartments.
When buying ready-made housing worth at least AED 750,000 (USD 205,000), you have the opportunity to obtain a 3-year investor visa, and in real estate worth more than AED 2,000,0000 (USD 545,000) entitles you to a "golden visa" of a UAE resident.
Investment conditions:
Installment plan 70/30, due date - 1 sq. 2024
Now you can buy real estate in this project in installments according to a convenient payment plan from the developer. First payment 20%+4% land department fee +1720 AED (USD 470) registration fee.
Payment plan:
20+4% booking
5% 90 days after booking
5% 120 days after booking
10% at 20% home completion
10% at 30% home completion
5% at 40% home completion
5% at 50% completion at home
5% at 60% completion at home
5% at 70% completion at home
30% after 100% home completion
Profitable to invest now! The first price increase is expected by the end of September, by 4-5% (when the construction of the foundation begins), the next price increase is expected in another 3 months by 4-5% (when the construction of the building begins).
Contact us and we will tell you more about the project, provide comprehensive information and advise on all investment issues.
