Jasmine Lane by Elie Saab
About Jasmine Lane by Elie Saab
(sq. ft.)
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Jasmine Lane by Elie Saab is the first branded project by Elie Saab in the prestigious area of Jumeirah Golf Estates. It is being developed by Durar Properties LLC, which is an entity of Durar Group. In total, there are 138 units, namely 3-bedroom, single-row townhouses available for acquisition. The high-end properties are fully refurbished and designed by the Lebanese icon.
The size of the units in Jasmine Lane by Elie Saab ranges from 2,201 sq. ft to 2,332 sq. ft. Please note that this doesn’t include the area of a shaded garage and uncovered deck. Each residence will have 2 floors (G+1), with 2 parking spaces.
Occupants will have a maid’s room, terraces, a backyard, and a powder room at their disposal. For your utmost convenience, townhouses will be equipped with a fridge, a cooker and a microwave by Siemens or an equivalent brand.
Surrounded by luscious greenery, Jasmine Lane by Elie Saab will house a variety of recreational and leisure amenities. These include:
- Junior & adult swimming pools
- Indoor & outdoor gyms
- Steam & sauna — male & female
- Multipurpose court
- The Secret Lagoon
- Children’s play area
- Clubhouse
Property Information
- Location Jumeirah Golf Estates, Dubai, UAE
- Developer Durar Group
- Status of Project In progress
- Type of Project Townhouses
- Available Units 3-4BR
- Area from 2,201 sq. ft.
- Total Amount of Units 138
- Payment Plan 40/60
Floor Plans of Jasmine Lane by Elie Saab
Townhouse
Type:
3 Bedrooms
Total Area:
2,201 sq. ft.
Starting Price:
Ask for Price
Reflection Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
|
3 Bedrooms | Townhouse | 2,222 sq. ft. | Ask for Price | |
|
|
3 Bedrooms | Townhouse | 2,201 sq. ft. | Ask for Price | |
|
3 Bedrooms | Townhouse | 2,332 sq. ft. | Ask for Price |
Property Prices
As of May 2023, the initial cost for a townhouse in Jasmine Lane (Elie Saab Edition) is set at AED 3.7M (USD 1M). The estimated service charge stands at AED 5.5 (USD 1.5) per sq. ft of the BUA.
You can also take a look at Jouri Hills by Arada, which is similar to Jasmine Lane by Elie Saab. It features a collection of bespoke townhouses, villas and mansions with staff rooms, covered parking spaces and terraces.
*The price is valid for 2023
Payment Plan
Location
Jasmine Lane by Elie Saab will be nestled next to Sheikh Zayed Bin Hamdan Al Nahyan Street, which allows easy travel around the city. Dubai International Airport, along with Downtown Dubai and Dubai Marina can be reached within a radius of half an hour by car.
Within walking distance of Jasmine Lane by Elie Saab, there is Fairway mall with the first duplex Géant supermarket, a pet store and a restaurant. Other essential facilities can be reached within about 15 minutes by car. These are as follows:
- Aster Clinic Sports City
- Kinder Castle Nursery, Victoria Heights Primary School
- Medicina Pharmacy Victory Heights
- Dubai International Stadium
Dubai Miracle Garden, which is the world’s largest natural flower garden, is situated within the same distance. There are more than 150 million blooming flowers and the largest butterfly park in Dubai with over 15,000 butterflies.
Economic Appeal
According to the developer, 72% of project construction has been completed, with the estimated completion date scheduled for Q3 2024. When residing in Jasmine Lane by Elie Saab, you will be able to take advantage of easy access to Jumeirah Golf Estates Country & Golf Club. It is home to 2 world-renowned golf courses — Earth Course and Fire Course, designed by the golf legend Greg Norman. At The Country Club, you can enjoy fitness zones, swimming pools, tennis and paddle tennis academies and more.
It is worth considering a property in Jasmine Lane by Elie Saab not only for private use, but also as a rental. As of Q2 2023, the gross average ROI in 3-bedroom townhouses in Jumeirah Golf Estates has reached 7.9%. The starting rental rates stand at a minimum of AED 325K (USD 88.5K) per year.
*The price is valid for 2023
Just to compare, in Q4 2022, the yield in Jumeirah Golf Estates was 7%, whilst the minimum rental price amounted to AED 320K (USD 87K). This clearly demonstrates that Jasmine Lane by Elie Saab has lucrative profitability potential, which will keep increasing with the development of the neighbourhood.
Since the property value in the development exceeds AED 2M (USD 545K), homeowners have the right to obtain a 10-year Golden Visa. In addition, you can sponsor your family, as well as domestic workers, provided they have a licence.
*The price is valid for 2023
FAQ
The master developer of Jasmine Lane by Elie Saab is Durar Properties LLC.
It is located in Jumeirah Golf Estates.
Clients have a choice of any of the138 townhouses in 3-bedroom configurations.
Jasmine Lane by Elie Saab plans to be completed in Q3 2024.
There is a 40/60 payment plan available, with a 20% booking fee.
As of May 2023, the initial cost for a townhouse in Jasmine Lane (Elie Saab Edition) is set at AED 3.7M (USD 1M).
Yes, you can obtain a long-term visa, the type of which depends on the real estate investment sum.
You will become eligible for a 10-year Golden Visa, which has a minimum qualifying amount of AED 2M (USD 545K).
Citizens of all countries can become 100% property owners in Jasmine Lane by Elie Saab, owing to it being located in a freehold zone.
A townhouse in Jasmine Lane by Elie Saab has strong investment potential, as 3-bedroom properties have an average gross ROI of 7.9% in Jumeirah Golf Estates in Q2 2023. In Q4 2022, this indicator was 7%, illustrating the opportunity to earn lucrative rental income from Jasmine Lane by Elie Saab townhouses, which will keep rising.
This is an outstanding family-friendly community, surrounded by lush green spaces. When residing here, you will be granted access to swimming pools, gyms, The Secret Lagoon, a clubhouse and other amenities.
Occupants of Jumeirah Golf Estates are provided with a comfortable living environment, thanks to an array of essential facilities located just a 15-minute drive away. These are Aster Clinic Sports City, Kinder Castle Nursery, Victoria Heights Primary School and Waitrose Motor City.
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