for-sale

Great Investment Opportunity - 2 Bedroom + Study, 2 Bathroom Apartments in Luxury and Wellness Development in Motor City, Dubai

Motor City, Dubailand, United Arab Emirates
655,000 EUR
Apartment 3 beds 2 baths 108.00 m² built Pool
Description

Sierra by Iman Developers:

* A new residential development in Motor City, Dubai, focusing on luxury and wellness.

* Features a 75,000 sq.ft. amenity deck on the first floor with wellness retreats, gardens, fitness zones, and family leisure spaces.

* Offers refined finishes and attention to detail.

**Motor City, Dubai:**

* A master-planned community known for urban convenience and green living.

* Features wide roads, ample parking, and excellent connectivity.

* Proximity to key locations:

* Hessa Street: 10 min

* First Avenue Mall: 10 min

* Dubai Marina & Bluewaters Island: 15 min

* Palm Jumeirah: 15 min

* Dubai Expo City: 20 min

* Al Maktoum International Airport (DWC): 20 min

* Downtown Dubai: 23 min

* Dubai International Airport: 25 min

**Units Breakdown:**

* **Total Units:** 593 Residential Apartments, 5 Retail units.

* **Number of Floors:** B+C+47 (Basement + Ground + 47 floors).

* **Residential Unit Sizes (Starting):**

* Studio: From 417 Sq.ft (38.74 sq. m)

* 1 Bedroom: From 789 Sq.ft (73.30 sq. m)

* 1 Bed with Study: From 870 Sq.ft (80.82 sq. m)

* 2 Bedroom: From 1072 Sq.ft (99.59 sq. m)

* 2 Bed with Maid: From 1172 Sq.ft (108.88 sq. m)

* 4 Bed Duplex with Pool: From 3586 Sq.ft (333.15 sq. m)

* **Residential Pricing (Starting):**

* Studio: From AED 799k onwards

* 1 Bedroom: From AED 1.25M onwards

* 1 Bed with Study: From AED 1.35M onwards

* 2 Bedroom: From AED 1.76M onwards

* 2 Bed with Maid: From AED 1.86M onwards

* 4 Bed Duplex with Pool: From AED 4M onwards

**Payment Plan:**

* 20% on Booking

* 10% in 90 Days

* 10% on 20% Construction Completion

* 10% on 40% Construction Completion

* 10% on 60% Construction Completion

* 40% on Project Completion

**Completion Date:** Q1 2029

**DLD Project No.:** 3835

Top Reasons to Invest in Dubai Property:

• Tax-Free Environment: Enjoy a tax-free haven with no income tax, capital gains tax, or property tax on your investment. This allows you to maximize your returns and keep more of your profits.

• High Rental Yields: Dubai's strong rental market, fueled by a growing population and booming tourism industry, provides attractive rental yields that are often higher than in other major global cities.

• Golden Visa for Investors: Property investors may be eligible for a long-term residency visa, offering stability and security for you and your family.

• Safety and Stability: Consistently ranked as one of the safest cities in the world, Dubai boasts a low crime rate and a robust legal framework that protects both residents and investors.

• World-Class Lifestyle: From luxurious amenities and world-renowned architecture to diverse cultural experiences, Dubai offers an unmatched quality of life.

Exclusive Investment Strategy: Off-Plan Property Flipping

Did you know you can sell your property contract before the project is even completed?

This popular investment strategy, known as "off-plan flipping" or an "assignment sale," allows you to:

• Capitalize on Appreciation: Purchase an off-plan property at a pre-launch price and sell it for a profit as the project progresses and its value increases.

• Manage Your Finances: Avoid tying up all your capital at once. Pay in installments and sell the contract to a new buyer who will then take over the remaining payments.

• Hassle-Free Exit: Earn a profit without the long-term commitment of owning and managing the property after completion.

How it Works:

1. Purchase Off-Plan: Secure a unit in a new development with a flexible payment plan.

2. Make Payments: Pay the initial installments as per your contract. Developers typically require a minimum percentage (often 30-40%) to be paid before an assignment sale is permitted.

3. Find a Buyer: Work with a licensed real estate professional to find a new buyer for your contract.

4. Transfer the Contract: With the developer's approval (a "No Objection Certificate" or NOC), the new buyer takes over the rights and obligations of the original contract.

Price shown is for two bedroom plus study apartment. Also available studio, 1 bedroom, 2 bedroom, 4 bed duplex with pool.

Ready to explore the opportunities?

Contact us today to learn more about how you can take advantage of Dubai's thriving real estate market.

Features
Air Conditioning
AirBnB potential
Beaches
Car Park
Children's Area
Close to Airport
Close to beach
Communal pool
Concierge
En-suite
Gardens
Gated Development
Good road access
Gym
Holiday rental potential
Lift
Local shops
Long term rental potential
Luxury Fittings
Modern Style
New Build
Nightlife
Open Plan
Sauna
Schools
Shopping Centre
Spa
Sports Centre
Steam Room
Study
Swimming Pool
Terrace
Theatres
Unfurnished
Wardrobes
White Goods
Yoga Zone
Photos
Interested in this property?
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