BERKELEY PLACE

पूरी स्क्रीन

2 354 828 AED

ID 29290

स्थान:Mohammed Bin Rashid City, Dubai

प्रकारडेवलपमेंट

पूरा करने की तिथिIV त्रिमास, 2024 (निर्माणाधीन)

रहने की जगह75 - 110 m²

Advantages

Type of buildings:

Premium

Prestigious neighborhood

The commissioning of the object is

Q4-2024

Starting price is

AED 1.4M

12-storey residential complex

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Features

Type of complex

Berkeley Place by Ellington is a luxury residence. High-class public spaces, great design solutions in apartments and common areas, and large layouts (from 56 sq. m.) ensure that the complex belongs to a high class. The new project has a wide range of spaces for a healthy and harmonious lifestyle, making this place a great investment destination for those looking for peace and quiet in Dubai. It maintains a balance of nature and modernity for a luxurious life. Buying a property in Berkeley Place is the best choice for people looking for a private lifestyle for themselves and their families.

Uniqueness

Berkeley Place stands out against other houses with its clear angles, rising above the city panorama. The building has an eye-catching façade of balconies with clear, straight lines. This residence offers a calm atmosphere, a well-thought-out stylo, pedestrian promenades, and many dedicated areas for active and relaxing holidays. This unique residence has a rooftop with many amenities and places to relax, including an entertainment space with barbecue, living and dining areas and an infinity pool with panoramic views of Dubai. A playroom for adults with board and VR games is one of the public spaces "under the roof".

Building’s architecture and design

Berkeley Place is the newest project from the Ellington Properties development company, which raises the bar higher for exceptional living and attracts the eye thanks to clear and strict shapes. The elegant 12-story building has studios, and 1 and 2-room apartments. Apartments in Berkeley Place start from the 3rd floor and there’s a podium on the first 2 floors. 12 residential floors have apartments with improved layouts and balconies. To invest in Berkeley Place, buyers can choose one of 12 studios from 51.74 to 56.39 sq. m. 69 1-room apartments are available from 74.41 to 95.69 sq. m. 2-room apartments have an area of 109.62 to 139.26 sq. m.

Economic attractiveness

This complex is attractive for investment with a convenient payment scheme from the developer. The developer offers payment in parts: 20% of the cost — when booking; 5% — after 60 days; 5% — after 120 days; 5% — when the residence is completed by 20%; 5% — when the complex is finished by 30%; 5% — when the residence is completed by 40%; 5% — when it is finished by 50%; 50% — after the complex is completed.

The completion date is scheduled for the 4th quarter of 2024. The starting price for the properties is AED 992,828. When renting out this prestigious real estate in Dubai for AED 33,000, its yield will be 4.8%. Considering taxes and management fees for the complex, the expected rental income will be AED 28,000 per year.