Downtown Views II

Has a metropolis, Dubai consists of several districts each of which is oriented towards something. Downtown Dubai serves not only as a business centre due to the global companies offices situated there but also as a touristic centre with main landmarks such as Burj Khalifa.

Located in a major economic hub with an immediate access to Financial Centre Street, this area is in high demand for business purposes as well.

The construction of the district began in 1998 but there are still new residential complexes being built. The housing project made by Emaar Properties developer is estimated by $20,000,000,000.

The central location of Downtown Dubai with the walking distance to urban infrastructure and entertainment arouses interest of the foreign investors. Furthermore, you can buy the real estate unit there in freehold.

The building is under development from the beginning of 2017. Around 60% of the tower is completed, so there is still an opportunity to purchase the property with low prices and flexible payment plans. Monthly rental for the apartment of 678 square feet is approximately AED 37,000.

After deduction of all fees, such as utilities, 5% income tax and management, the net profit is USD 28,600. The average ROI in Emaar Downtown Views II is 6%. The full payback period takes around 30 years.