Why invest in the Pearl House III project: Flats with a 10.1% ROI

19 Feb 2024

Another project by developer Imtiaz in the Pearl House lineup has enlivened the investment market. They are selling 1-bedroom apartments in the JVC area starting from $262,000 — one of the best investment offers available. With long-term leasing, you can expect returns of up to 10.1% annually. The project is scheduled for completion in February 2026.

Let's explore why investing in the Pearl House III project is worthwhile.

Immediate rental opportunities

Almost all studios have been sold out. Currently available are mostly 1-2 bedroom apartments ranging from 65 to 110 m². All units are sold with finished interiors, full furnishings, built-in kitchen appliances, and sanitary ware. You'll enjoy high ceilings, panoramic windows, and balconies overlooking green boulevards. You can rent out the apartment immediately upon completion.

We'll find you tenants

After buying the apartment, we won't leave you alone. Throughout the construction process, we'll send you reports from the site and communicate with the developer regarding any of your requests. As soon as you receive the keys to the apartment, we'll immediately find you the perfect tenant. Alternatively, we'll help you resell the asset at the peak price to maximize your profit.

High demand for your apartment

Pearl House III is located 15 minutes by car from Jumeirah beaches: residents can enjoy the beach lifestyle every day. Additionally, the project will feature rooftop and podium swimming pools, a gym, a children's playground, a billiards room, and green gardens with quiet relaxation areas.

Estimated ROI from long-term rental:

Annual rent for a similar property in the location considering the growth of rental rates closer to the completion of the building – $30,500

Service charge – $2,800

DLD – from $10,480

ROI ≈ 10.1%

Starting prices:

• Studios – upon request;

• 1-bedroom apartments – from $262,000;

• 2-bedroom apartments – from $401,000.