The Biltmore Residences Sufouh by GJ Properties in Al Sufouh, Dubai

The Biltmore Residences Sufouh by GJ Real Estate

GJ Real Estate, a major construction company, has launched a new upscale project The Biltmore Residences Sufouh in the UAE. The complex will be managed by Biltmore, a company famous for its opulent hotels all over the world.

The exclusive architecture of this 44-story building was developed by the team from Gary Greene Desigindn. The building will consist of two interconnected towers boasting a special façade design that creates an illusion of rotation.

The ground floor will accommodate a lobby with a recreation area, a book shelf, and a concierge desk. The residential part of the towers will comprise 480 high-end homes, including apartments with 1 and 2 bedrooms and two- and three-bedroom penthouses.

While the complex under construction, in The Biltmore Residences Sufouh, prices from the developer will be the lowest. The cheapest one-bedroom apartment currently costs AED 1.

63 million (USD 444,000). In accordance with the master plan, the new building is expected to be commissioned in early 2025.

The Biltmore Residences Sufouh location

One of the most important advantages of The Biltmore Residences Sufouh in Dubai is its location in 10 minutes by car from a sandy beach. Nearby is the major Sheikh Zayed Road running along the coast of the Persian Gulf that connects the building to the city’s popular waterfront areas. The following destinations are a 10-minute drive away:

Topgolf Dubai;
The international American School of Dubai;
Palm Jumeirah Island;
The Al Zahra Hospital;
Dubai Marina;
The sprawling Mall of the Emirates that houses a ski resort, numerous stores by renowned global retailers, fashionable cafés, and haute-cuisine restaurants.

Property in The Biltmore Residences Sufouh for investments

Off-plan property for investment in The Biltmore Residences Sufouh is a surefire option that guarantees a good return. The value of Dubai housing increases every year, so by the time the new project is commissioned, the price of local apartments may rise by up to 20%.

As in many off-plan projects, in The Biltmore Residences Sufouh, instalment plans are available, according to which 60% of the value is paid during the construction, and the remaining 40%, within three years upon completion. This way, you can buy apartments in The Biltmore Residences Sufouh for investment and lease them out after handover, using this stream of revenue to pay back the balance due. Rental homes in Al Sufouh generate an average of 6.5% per annum.