Al Burooj Residence 1  

Al Burooj Residence by Burooj Real Estate is a G+2 townhouse development in Jumeirah Village Triangle District 6, close to the upcoming Al Khail Avenue Mall.

Property Types Available: Townhouses
Location: Al Khail Road
Status: Under Construction
Year Launched: 2016
Estimated Completion Date: March 2018
Developer: Al Burooj Real Estate
Title Type: Freehold
Quality Classification: High-end
Life Cycle: Under Construction
Under-Construction Townhouses: 8

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Al Burooj Residence 1

Investment Score

Value for Money
60%
Project Uniqueness
50%
Location & Connectivity
85%
Rental Yield Expectation
65%
Capital Growth Expectation
30%
More information on investment scores

Total Score

Synopsis

Sale Status: Partially sold out. Units available.

Payment Plan: Very investor friendly

Ideal for: End-Users

Price Range: AED 970 PSF - AED 1,030 PSF

Unit Types Available: 3 Bedroom Townhouse

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What Our Experts Think

This is a G+2 storey townhouse development. These type of projects are quite common in the neighboring Jumeirah Village Circle community and as of October 2016, transact for AED 1.8 - 2.2 million depending on the location and build quality.

In JVT, where this project is located, there are no other G+2 storey developments as these type of plot allocations are rare.

Al Burooj Residence is close to the upcoming mall and school in District 5. It is located within a mature community and the payment-plan being offered is very attractive for end-users.

Buyers can obtain a mortgage for the 80% due on handover when the townhouses reach completion stage.

Al Burooj Residence 1: High-quality 3 bedroom + Maid townhouses in JVT

Prices from AED 2.3 - 2.4 million. Pay 20% down and 80% on completion. Show unit available to view. Call +971-50-7086765 for more information.

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About Al Burooj Residence 1

General Guide

- Row of 8 townhouses (Ground plus 2 storeys)

- All townhouses are 3 Bedroom + Maid's room

- Townhouse built up areas of 2,322 - 2,488 sq. ft.

- Launch prices of AED 2.3 - 2.4 million

- Launch prices per sq. ft. of AED 965 - 1,035

- Exceptional payment-plan being offered: pay 20% down and 80% on completion

- Completion scheduled for Q1 2018.

- Show unit available to view

Project Completion Status (as per DLD): 67.11% (as of Sept 30, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 1864

Project Number: 1774

Real Estate Developer: Al Burooj Real Estate

Trust Account Number: 0205226323101

Account Trustee Name: Emirates NBD

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

Positives of Al Burooj Residence 1

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