Jumeirah Luxury - Jumeirah Golf Estates  

Jumeirah Luxury - The Life is a residential project in Jumeirah Golf Estates featuring 291 contemporary attached townhouses and villas within a golf course community.

Master Community: Jumeirah Golf Estates
Property Types Available: Villas, Townhouses
Location: Mohammad Bin Zayed Road, Al Fay Road
Status: Under Construction
Year Launched: 2017
Estimated Completion Date: December 2019
Developer: Luxury Living Investments
Title Type: Freehold
Quality Classification: High-end
Life Cycle: Under Construction
Special Classification: Golf-course Community
Under-Construction Townhouses: 291

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Jumeirah Luxury

Investment Score

Value for Money
85%
Project Uniqueness
85%
Location & Connectivity
85%
Rental Yield Expectation
70%
Capital Growth Expectation
80%
More information on investment scores

Total Score

Synopsis

Sale Status: Launching soon

Payment Plan: Somewhat investor friendly

Ideal for: End-Users & Investors

Price Range: AED 900 PSF - AED 1,200 PSF

Unit Types Available: Townhouse, Villa

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What Our Experts Think

Jumeirah Luxury - The Life is a residential development featuring two to five bedroom townhouses and villas. This project is priced exceptionally well in comparison to similar projects and also located in a much more superior/luxurious master community (Jumeirah Golf Estates), with prices starting from AED 1.9 million. Payment Plan: 10% Downpayment, 40% during construction period, 50% upon completion (which can be financed through a bank at the time of completion).

Invest and live in Jumeirah Golf Estates, a high-end golf community at affordable prices

Jumeirah Luxury - The Life: 2 to 5 bedroom townhouses and attached villas on the golf course, starting from AED 1,900,000. Contact for more information.

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About Jumeirah Luxury

Project Overview

Jumeirah Living – The Life is a contemporary residential community featuring 291 two to five bedroom attached townhouses and villas in Jumeirah Golf Estates.

This development is a joint venture between Jumeirah Golf Estates and Luxury Living Investments. The townhouses are laid out in smaller clusters and have a contemporary design. The developer is offering various packages for the investor to customize various aspects of the property as per their requirements (i.e. security systems, sustainable options, etc.).

Prices will start from AED 1.9 million.

Completion is expected Q4-2019.

Unit Mix & Sizes

Townhouses

Type Total Units Bedrooms Plot Size (Sq. Ft.) Sellable Area (Sq. Ft.)
Flower T1 14 units 4 Bed (Corner Unit) 2809.59 sq. ft. 2591 sq. ft.
Flower T2 38 units 3 Bed 1,911.13 sq. ft. 2,012 sq. ft.
Golf T1 30 units 4 Bed + Maid (Corner Unit) 2,742.10 sq. ft. 3,460 sq. ft.
Golf T2 79 units 4 Bed + Maid 1,910.59 sq. ft 3,414 sq. ft.
Water T1 12 units 4 Bed + Maid (Corner Unit) 2,809.59 sq. ft. 3,460 sq. ft.
Water T2 8 units 4 Bed + Maid 1,911.13 sq. ft. 3,414 sq. ft.
Water T3 14 units 2 Bed + Maid / 3 Bed 1,911.13 sq. ft. 2,012 sq. ft.

Villas

Type Total Units Bedrooms Plot Size (Sq. Ft.) Sellable Area (Sq. Ft.)
Flower V1 30 units 4 Bed + Maid 2,813.79 sq. ft. 3,416 sq. ft.
Flower V2 15 units 3 Bed + Maid 1,937.50 sq. ft. 2,161 sq. ft.
Golf V1 34 units 4 Bed + Maid) 2,776.76 sq. ft. 3,410 sq. ft.
Golf V2 17 units 4 Bed + Maid 1,937.50 sq. ft 2,161 sq. ft.

Payment Plan

Payment Milestone
10% Downpayment
10% After 3 months (upon 10% construction completion)
10% After 9 months from purchase date (upon 20% construction completion)
10% After 15 months from purchase date (upon 50% construction completion)
10% After 21 months from purchase date (upon 75% construction completion)
50% Upon Completion (financing available on completion)


Project Completion Status (as per DLD): 20.05% (as of 20 May 2018)

Dubai Land Classification & Escrow Account Details:

Land Number: 1664

Project Number: 1947

Real Estate Developer: JUMEIRAH LUXURY LIVING

Trust Account Number: 001582116259801

Account Trustee Name: DUBAI ISLAMIC BANK

RERA Permit No:: 15128

Brokerage Firm: Taktical Realty Group LLC

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