Released in Q4 2023, Binghatti Crest is a residential project by Binghatti Developers which is part of Binghatti Holding. The 19-storey building is located in Jumeirah Village Circle and offers a total of 170 units, namely 1–3 bedroom apartments with meticulously crafted interiors and 1 retail unit.
The area of residential properties available for sale varies between 618 sq. ft and 1,259 sq. ft. Depending on the layouts, Binghatti Crest apartments will also be equipped with 2 or 3 balconies, overlooking the surrounding luscious leafy spaces.
Binghatti Crest will be designed in Binghatti Developers’ signature modern style, which is a combination of traditional Middle Eastern elements. Not forgetting the balcony concept of the building, which will ensure privacy and protection against the burning sun.
The initial price for a 1-bedroom apartment in Binghatti Crest amounts to AED 694K (USD 189K). The service charge for internal spaces is AED 10 (USD 2.72) per sq. ft, whilst the service charge for balconies amounts to AED 3 (USD 0.82).
Another interesting option for residing in Jumeirah Village Circle is Binghatti Luna, which houses an array of 1 to 3-bedroom apartments available to purchase.
Binghatti Crest is situated right next to Bijada Blvd S and Sheikh Mohammed Bin Zayed Road, which provide easy access to some of the most popular areas of the city, including Motor City and Dubai Studio City, which are both just 15 minutes’ away. Potential residents of this building may also take advantage of the many bus stations located nearby, such as JVC, Sobha Daffodil Apartments 1 and JVC, Al Wazzan Tower 1, among others.
As well as the above, Binghatti Crest is located within a 20-minute walk from the following social facilities:
Binghatti Crest is due for completion in Q4 2023 and is a perfect residential option for families with children. In addition to the amenities mentioned above, it will take about 10 minutes by car from the development to reach JSS International School, Right Health Karama Medical Center and Circle Mall. The latter destination offers the ultimate shopping and leisure experiences thanks to its array of retail shops, restaurants, family entertainment centers and more.
It is worth considering purchasing a property in Binghatti Crest to rent it out with the help of a property management scheme to generate extra income. According to Property Finder, as of Q4 2023, Jumeirah Village Circle registered an average gross ROI of 7% for 1-bedroom apartments, with the initial rental cost amounting to AED 30K (USD 8K).
In Dubai, when acquiring a completed property worth at least AED 750K (USD 205K), owners are eligible to apply for a 3-year investor visa. That being said, upon handover of Binghatti Crest, you will be able to take advantage of an Emirates ID and subsequently open a bank account, obtain health insurance, and bring your family to the UAE, and much more.
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