Sales launch for apartments starting at $170k in investment project One Park Central in JVC

20 Feb 2024

The new project One Park Central, with apartments starting at $170,000, has already been launched for sale. This is one of the most profitable offers for investors in JVC: there is high demand for rentals, plus rental rates increase annually by an average of 5-10%.

The project is scheduled to be completed in the 2nd quarter of 2027. We will find the perfect tenant immediately after receiving the keys. Or we will help you resell at the peak price.

We will help you earn:

• In stock, there is a wide selection of studios and 1-bedroom apartments: all units are sold with finished repairs, kitchen furniture and appliances, plumbing. We will help you purchase furniture or hand over the finishing.

• After the project is completed, we will help connect electricity, water, internet. If you are renting out, we will register the lease agreement with the Land Department ourselves. Or we will find a buyer for resale.

• Initial payment starts from $34,000.

• 60/40 installment plan for 3 years.

Estimated ROI from long-term rental:

Annual rent for a similar property in the location, considering the increase in rental rates closer to the completion of the building – $15,800

Service charge – $1,300

DLD – from $6,800

ROI ≈ 8.2%

About the project:

• One Park Central is a 23-story tower with studios and apartments ranging from 1 to 4 bedrooms. Two-level units and luxurious penthouses with private swimming pools are available for sale.

• On the podium roof: swimming pools, gardens, bars, relaxation areas.

• 5 floors of covered parking.

• Panoramic windows, high ceilings, balcony, Smart Home system.

• Views of palm alleys or the green courtyard.

• Completion: 2nd quarter of 2027.

By car:

• 35 minutes to DXB airport;

• 25 minutes to Jumeirah beaches.