High yield | high quality | prime location

Apartment for Sale in Meydan


Price 1,672,102 AED
Type Apartment
Reference McCone-S-AI-293996
RERA Permit No. 5243
Bedrooms 2
Bathrooms 3
Area 1,301 sqft
Price / Sqft 1,285 AED


  • Maids Room
  • Central A/C
  • Balcony
  • Private Gym
  • View of Landmark

Raine International Dubai is proud to introduce to you "The Galleries" at the Meydan Avenue.

This apartment building comprises four floors and forty five units including a floor dedicated to retail and providing amenities encompassing a pool and gym is ready this year.

Apartments here are expected to conservatively fetch a yield upward of 8% for an investor. WIth a payment plan that is extremely investor friendly at 30-70. And reasonable service charges at AED 16 per sq ft. This makes it one of the best investment opportunities in a quality location.

Meydan Avenue by virtue of its location - opposite Meydan Hotel and facing the prestigious District one and Burj Khalifa - is touted as one of the best upcoming locations in Dubai in the next couple of years due to its central situation and proximity to Downtown.

Meydan Sobha and District One - both adjunct to Meydan Avenue- are premium developments with facilities such as schools, an upcoming mall, ski slope, jogging tracks, golf courses and crystal lagoons. Meydan Avenue placed next to these developments will benefit from all that these developments have to offer. Along With the horse racing action in the neighboring Meydan Hotel.

This apartment building is close to handover - delivery Sep 2017- and features a show apartment. The two bed we've advertised is the best value proposition considering the price and view. These apartments also have an ensuite maids room. However, there are one bed options for the one bed investor at 1.1mil with significant internal area at more than 900sq ft , and very large two beds at 2mil. The kitchens are fully equipped with appliances. WIth a price per sq ft of AED 1250 for an almost ready building in Meydan you cannot go wrong.

The developer - Rockwell - is a UAE based developer with considerable experience in commercial projects and have handed over buildings in JLT and Silicon Oasis.

Call us on +44 (0)1707 66 55 77 for more information on this property.
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