Beverly Boulevard
About Beverly Boulevard
(sq. ft.)
Beverly Boulevard is a multi-storey residential complex by HMB Homes. The new complex will be located in Arjan, Dubai and is scheduled for completion in Q4 2024. It will consist of studios, 1-bedroom and 2-bedroom apartments, ranging in size from approximately 380 sq. ft to 1,390 sq. ft.
The residences at Beverly Boulevard were designed with sleek, sophisticated minimalism in mind. High-functionality meets first-class quality in every area of the residence. From the well-thought out living spaces to the hidden wardrobes in the bedrooms and the elegant fixtures in the bathrooms, no area has been overlooked. Most studios and apartments at Beverly Boulevard have a balcony or terrace, providing views of either the inner community courtyard or the surrounding cityscape.
All residents will have access to the following amenities:
- Gym and yoga studio
- Adult and children’s swimming pool with an outdoor shower
- Sauna and steam rooms
- Outdoor recreational options including kids’ play area
- Cabanas and sun loungers
- Ground floor retail shops
- Lobby with 24-hour security
Property Prices
As of June 2023, the cost of a studio in Beverly Boulevard starts at AED 475K (USD 129K), 1-bedroom apartments start at AED 650K (USD 177K), and 2-bedroom apartments are a minimum of AED 1.3M (USD 350K).
*The price is valid for 2023
Property Information
- Location Arjan, Dubai, UAE
- Status of Project In process
- Type of Project Residential Building
- Units Studios-2BR Apartments
- Area from 380 sq. ft.
Location
The Beverly Boulevard complex is strategically located in Arjan, Dubai, along Sheikh Mohammed Bin Zayed Road, giving residents access to Mall of the Emirates, Dubai Hills Mall and the Burj Khalifa district within 20 minutes by car. The surrounding area of Arjan is a sought-after neighbourhood, already having well-established social infrastructure. Residents can enjoy the relative peace and quiet while still being within walking distance to some schools, kindergartens, shopping centres, hospitals, F&B establishments and more, though it is still preferred to have a private vehicle as public transport is currently limited.
Some examples of facilities within a 20-minute driving radius are as follows:
- Shops: Lifco Supermarket, Lyal Minimart, Carrefour Market, Circle Mall;
- F&B: Noodle House, Papa Murphy’s Pizza, Khanno Badosh;
- Medical: 7 Dimensions Medical Center, Prime Medical Center, Medicentres Clinic;
- Educational: Kids World Nursery, Nord Anglia International School Dubai, Safa Community School;
- Religious: United Christian Church, Guru Nanak Darbar Gurdwara in Dubai, Abu Bakr Al Siddiq Mosque.
Within a 30-minute driving radius you can reach Dubai Motor City, Jumeirah Village Circle (JVC), Al Sufouh Beach, Dubai Miracle Garden and Dubai International Airport.
Economic Appeal
Residents of Beverly Boulevard by HMB Homes will enjoy unrestricted access to all the amenities in Arjan. These include nurseries, educational and medical facilities, parks, restaurants and more. The complex is also in close proximity to Dubai Motor City and Jumeirah Village Circle (JVC), making it very attractive to those who can’t live without the hustle and bustle of city life, while maintaining privacy and peace.
As of Q2 2023, the average yearly rental price for 1-bedroom apartments in Arjan is AED 46K (USD 12.5K). Investors looking to rent out their property can expect ROIs of approximately 5.4 % for 1-bedroom apartments in the area. Studios generate slightly more – 6 %. Arjan is a freehold community, meaning property can be bought by foreigners with 100 % ownership and later resold, generating a profit for the seller.
If you invest at least AED 750K (USD 204K) in real estate in Beverly Boulevard, you can obtain a 2-year investor visa. If the property value is at or above AED 2M (USD 545K), then you will become eligible for a 10-year Golden Visa that includes family members and domestic staff as well.
*The price is valid for 2023
FAQ
The developer of Beverly Boulevard is HMB Homes.
Beverly Boulevard is located in Arjan, Dubai.
The units currently on offer are studios, 1-bedroom and 2-bedroom apartments.
Beverly Boulevard is scheduled for completion in Q4 2024.
HMB Homes offers a 10/40/50 payment plan - 10 % down payment, 40 % in instalments, 50 % on completion.
As of June 2023, the cost of a 1-bedroom apartment in Beverly Boulevard starts at AED 475K (USD 129K).
Yes, you can become a resident of the UAE upon acquiring property in the complex. The length of the visa’s validity depends on the unit cost.
By purchasing a property valued at AED 750K (USD 204K) and above, you are eligible for a 2-year visa that can be prolonged as needed. You would be eligible for a 10-year Golden Visa with a minimum purchase of AED 2M (USD 545K).
Yes, foreigners can become full property owners as the complex is located in a freehold zone.
Yes, the average yearly rental price for 1-bedroom apartments in Arjan as of Q2 2023 is AED 46K (USD 12.5K), and investors can expect an ROI of approximately 6 %.
Yes, Beverly Boulevard is an ideal place to live as it is in a family-friendly community, with direct access to all types of social infrastructure including schools, supermarkets, beaches, religious institutions and more.
Arjan has excellent driving connectivity and all the social infrastructure single people, entrepreneurs, and families with children could need. It is situated half an hour from Dubai International airport and within 20-minutes’ drive from several neighbourhoods and beaches.
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