Sales start for apartments at Claydon House tower, Meydan

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13 Mar 2024
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The new Claydon House project, with apartments starting from $435,000, has been unveiled for sale. These residences are ideal for both habitation and investment purposes. Envisioned within are verdant parks, numerous pools, zen gardens, fitness facilities, and various other amenities.

Scheduled for handing over in the 2nd quarter of 2027, the project ensures immediate occupancy with the ideal tenant upon receipt of the keys. Alternatively, we shall aid in reselling at peak prices to maximize your returns.

✅Assisting you in earning:

• Ample selection of 1-bedroom apartments in stock: all units are offered with pre-finished interiors, integrated kitchen appliances, and sanitary ware. We can help in procuring furnishings or refinishing.

• After project completion, we shall facilitate utility connections for electricity, water, and internet. For rental purposes, we shall oversee lease agreements registered with the Land Department. Or, we'll identify buyers for resale at peak values.

• Initial payment – from $87,000

• 70/30 payment plan over 3 years.

➡️Estimated ROI from long-term rentals:

Annual rent for a similar property in the neighboring locale, considering rental rate increments closer to project completion – $32,600

Service charge – $4,300

DLD – from $17,400

ROI ≈ 6.2%

Developer:

Ellington