Society House is a premium 52-storey complex by Invest Group Overseas in the thriving area of Downtown Dubai. There are 404 fully and semi-furnished units available for purchase, namely studios, 1–3 bedroom apartments and 2-bedroom duplexes.
The area of the proposed units ranges from 354 sq. ft to 7,090 sq. ft. Each residence comes with a private balcony, whilst select layouts will have a maid’s room and an office. The micro units will span across the lower floors and large 3-bedroom apartments will be on the upper levels. You will be able to take advantage of 1 or 2 parking spaces, depending on the acquired unit.
The upscale complex will stun its occupants with a variety of outstanding amenities, including:
As of June 2023, you can become the owner of a 1-bedroom apartment in Society House for the minimum price of AED 1.9M (USD 517K).
*The price is valid for 2023
Society House is located next to Asayel St and Financial Center Rd, ensuring easy access to the rest of Dubai. Within just 25 minutes you can reach Dubai International Airport and Dubai Marina, among other destinations. Those who prefer public transport can use Dubai Fountain Street next door for hassle-free commutes.
The following facilities are adjacent to Society House:
Not forgetting an array of sought-after attractions, such as Dubai Opera, Dubai Mall, The Dubai Fountain and others. They are accessible within about 25 minutes on foot.
The completion of Society House is scheduled for Q2 2026. Since the units come semi or fully-furnished, you will be able to immediately rent your property out upon handover. Real estate here will be appealing to tourists who want to have easy access to attractions, and businessmen who are interested in staying close to Business Bay in a private home. The starting price for a 1-bedroom apartment to rent in Downtown Dubai is AED 68K (USD 18K) per annum, with an average gross yield of 6.6 %. Such indicators guarantee the lucrative rental potential of Society House.
*The price is valid for 2023
When investing at least AED 750K (USD 204K), you become eligible for a 2-year visa. A Golden Visa, valid for 10 years, is available to those who acquire property worth no less than AED 2M (USD 545K).
*The price is valid for 2023
Invest Group Overseas is the developer of Society House.
The complex is nestled in Downtown Dubai.
There are studios, 1–3 bedroom apartments, and 2-bedroom duplexes available for acquisition.
It is due for completion in Q2 2026.
The master developer offers 2 options of payment plans. The first one is a 60/40 plan, with the final 40% to be paid upon completion. The second option is a 70/30 plan, where the final 30% is to be paid during the 18 months following handover of the complex.
As of June 2023, you can become the owner of a 1-bedroom apartment in Society House for AED 1.9M (USD 517K).
Yes, you can obtain long-term residency as a property owner in Society House.
You can either get a 2 or a 10-year visa valued at a minimum of AED 750K (USD 204K) and AED 2M (USD 545K), respectively.
Any nationality is welcome to acquire property in this complex thanks to it being freehold.
It is a great investment option, which allows you to take advantage of a 6.6 % gross ROI for 1-bedroom units. The starting annual rental price for a 1-bedroom apartment in Downtown Dubai is AED 68K (USD 18K).
It is an excellent option for young specialists and couples to live with easy access to attractions and thriving commercial hubs. Select units will come with a work station, whilst the complex itself will house meeting rooms in support of the global trend of working remotely.
Downtown Dubai provides instant access to Mashreq Bank Global, West Zone Fresh Supermarket - Al Shafar Tower, and Carrefour Market, besides other well-established facilities.
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