Where to invest $650,000. Explained simply

With this money, you can buy 3-4 studios in a new project in JVC at the start of sales or invest in a new development in the promising Port Rashid area. But we have a more interesting option for you – buy an apartment in Nouran Living on Saadiyat Island and enjoy passive income and asset appreciation.

Why is this advantageous?

The Nouran Living complex is located in the Museum Quarter, adjacent to the branches of the Louvre, Guggenheim, and three other unique museums. Within 10 minutes, you can walk to one of the best beaches in Abu Dhabi – Soul Beach. Also nearby is the prestigious Saadiyat Beach Golf Club with picturesque courses along the Persian Gulf coast.

This is one of the most prestigious addresses in the capital of Abu Dhabi. Due to its proximity to major attractions and premium amenities, demand for rental apartments in Nouran Living will be high year-round. So, it's wise to buy now while prices have not yet skyrocketed. Project completion is expected in the 4th quarter of 2027.

What can you buy for 60 million?

This amount is enough to buy a 2-bedroom apartment with 108 m² of space and finished interiors for $614,000. You will have a master bedroom with its own wardrobe and bathroom, a maid's room, a spacious kitchen-living room with access to a balcony and views of palm alleys, 4-meter ceilings, and panoramic windows. This is an ideal option for renting to a small family, a young couple, or a group of friends.

Estimated ROI from long-term rental:

Annual rent for a similar property in this location, considering the rise in rental rates closer to the completion of the building – $47,200

Service charge – $4,500

DLD – from $12,280

ROI ≈ 6.8%