Apartments sales start from at $299k in the Jubail Terraces Apartments project in Abu Dhabi

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21 Mar 2024
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The newly unveiled Jubail Terraces Apartments project on Jubail Island has entered the market, offering residences starting from $299,000 suitable for both habitation and investment. These abodes promise vistas of the sea from the windows, while the nearby emergence of a luxurious beach adds to the allure.

In March 2025, the Jubail Terraces Apartments project is scheduled for completion. Upon receiving the keys to your apartment, we will promptly facilitate the provisioning of utilities such as electricity, gas, water, and internet.

Allow us to assist you in accruing wealth through various avenues:

• A wide selection of studios and 1-bedroom apartments are available, all sold with completed renovations, integrated kitchen appliances, and sanitary ware. Should the need arise, we stand ready to assist in furniture procurement or refinishing.

• Upon receiving your keys, we will promptly secure a tenant for you and facilitate the registration of the lease agreement with the Land Department. Alternatively, we can assist in reselling at the peak market price to maximize your profits.

• Initial payment – from $74,750.

• 40/60 installment plan over 1 year.

Estimated ROI from long-term rental:

Annual rental income for a comparable property in the location, factoring in rental rate growth nearing the completion of the building – $24,500

Service charge – $2,300

DLD – from $11,960

ROI ≈ 7.1%

About the project:

• Jubail Terraces Apartments comprises a collection of clubhouses featuring studios and apartments with 1-3 bedrooms. Each unit comes with renovations, a smart home system, and spacious balconies offering water views.

• Completion – March 2025.