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Elegance

Jumeirah Village Circle (JVC) , Dubai

AED 600,000
≈ AED 600,000
Construction Progress99%
Bedrooms
Studio
Size
0 sqft
Price/Sqft
AED 0
Developer

Description

Elegance by Chaimaa Holding is an upcoming residential building in JVC District 18, Jumeirah Village Circle, Dubai, by Chaimaa Holding Ltd. The building offers a mix of studios, 1-bedroom and 2-bedroom apartments, catering to diverse living needs. Residents will enjoy a range of amenities including a private courtyard, fitness centre, steam and sauna rooms and a residents’ lounge.

For family-friendly activities, there is a family pool, barbecue areas and both indoor and outdoor children’s play areas. The rooftop area provides a serene escape with a yoga pavilion, sunset lounge, infinity pool, jacuzzi and a juice bar.

Amenities & Features

Parking Spaces
Lobby in Building
Gym or Health Club
Swimming Pool
Kids Play Area
Barbeque Area
Security Staff
Nearby Shopping Malls

Property Details

Property TypeApartment
ProjectElegance
CommunityJumeirah Village Circle (JVC)
CompletionOff-Plan - Q4 2024
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 600,000
DLD Fee (4%)AED 24,000
Trustee FeeAED 4,200
Agency (2%)AED 12,000
Total InvestmentAED 640,200

Expected Annual Returns

Expected Annual RentAED 44,400
Service Charges (Est)-AED 0
Net Annual IncomeAED 44,400
Net Annual ROI6.9% (after expenses)
Payback Period14.4 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa17.6 km
Dubai Mall17.9 km
Dubai Airport (DXB)27.8 km
Mall of the Emirates7.3 km
Dubai Marina6.6 km