Distressed Lot with Burj Khalifa View Near Golf Courses and Dubai Canal
We have a spectacular apartment with views of Burj Khalifa, available at 7.5% below its original purchase price from the developer. This is a highly profitable option for investors. The developer has similar units available only on lower floors, which are 15% more expensive.
Why This is a Smart Investment
• Prime location. Situated across from Ras Al Khor Wildlife Sanctuary and the Dubai Canal. The apartment offers views of the water and lush greenery. 15 minutes to Burj Khalifa, 20 minutes to the beach.
• High capital appreciation. Over the last six months, the average selling price in the development has increased by 26%. As the project is still under construction, you can earn at least 10% annual growth, with the potential for more given its distressed status.
• Rich infrastructure. This is a high-potential area with plans for golf courses, green parks, and a residents' lagoon with beach access. The development will also include green courtyards with swimming pools and 10+ additional amenities.
• Lowest price on the market. Comparable units on the secondary market are priced 8% higher. This is the best deal available right now.
Apartment Highlights
• 3 bedrooms, 178 m², 14th floor.
• Views of Ras Al Khor with pink flamingos and the Dubai Canal.
• Spacious living room with a long corner balcony.
• Additional balcony in the master bedroom.
• 4 bathrooms, staff quarters, laundry room.
Price
$966,600