Saturday, April 6, 2019

5 Things to Expect from Madinat Jumeirah Living


Madinat Jumeirah Living is an upcoming development that comprises of a wide range of freehold residences. One of the biggest selling points of these residences is the location. They are placed just opposite the Burj Al Arab, which is one of the biggest hotels in the world. On top of that, the development is sandwiched among lush and vibrant landscapes. Residents will enjoy serene open spaces with active and relaxed recreational sections.

The developer, Dubai Holdings, has tried to integrate a carless system in the development. This pedestrian-centric system is aimed at achieving an environmentally friendly living experience. Nevertheless, there will be adequate parking spaces for both residents and visitors.

In the recent past, off plan properties has been gaining popularity in Dubai with a huge list of properties initiated almost every month. The units in this new development are currently being sold off plan at very affordable prices and friendly payment terms.

 Here are some of the things that make the Madinat Jumeirah living apartments prominent 

i.    Location, location, location

Location is one of the most critical factors to consider when choosing a property to buy or rent. A property that is placed in an ideal location is likely to attract buyers and tenants. The Jumeirah location is synonymous with opulence and features iconic landmarks such as the Burj Al Arab, Jumeirah Beach Residences (JBR), among others.

ii.     Freehold purchase

The freehold feature means that individuals who are not residents or UAE nationals can acquire the residential units. Most people prefer to invest in freehold properties as compared to leasehold where ownership is limited to a number of years. You will definitely not go wrong by purchasing a freehold property.

iii.    Amenities

Nowadays, developers are trying to incorporate all essential amenities in their developments. This development will also feature amenities such as retail outlets, 24hrs security, banks, and more. Unlike other developments in the city, the Madinat Jumeirah Living also offers concierge services. This is an indication that residents will enjoy exceptional amenities and services.

iv.   Off plan

One of the biggest benefits buying  an off plan property is the low price range and affordable payment plans. After paying the down payment, the rest of the balance is spread over a certain period of time. This is convenient as opposed to paying the full amount at the spot.

v.                  High ROI

Since this development is placed in an ideal location, it is likely to have high demand. So, if you are planning to buy-and-sell or buy-and-rent, you will definitely benefit from a good return on your investment.

Author: verified_user