North 43
About North 43
(sq. ft.)
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Situated in Jumeirah Village Circle (JVC), North 43 is a deluxe 20-storey apart-hotel by North 43 Real Estate Development LLC, who is a real estate arm of Naseeb Group. The trendy complex features a total of 228 serviced units managed by Valor Hospitality, which is a leading global, full-service USA-based hotel management company with 85+ hotels in its portfolio across the globe.
Prospective real estate buyers are presented with a selection of fully-furnished studios and 1–3 bedroom apartments with premium finishes. The minimum size of properties ranges from 337 sq. ft to 1,854 sq. ft.
When living in this complex, you will have unrestricted access to multiple amenities, including:
- Elegant lobby
- Swimming pool
- Concierge
- Valet parking
- Housekeeping
- Music room
- Games lounge room
- Fully-equipped gym
- Study/conference room
- Landscaped central court
- Restaurants/cafes
- Indoor & outdoor play areas
- WiFi connection in all public areas
Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Status of Project In progress
- Type of Project Apart-Hotel
- Units Studios-3BR Apartments
- Area from 337 sq. ft.
- Total Amount of Units 228
Floor Plans of North 43
Apartment, Type 6
Type:
Studio
Total Area:
334 sq. ft.
Starting Price:
Ask for Price
Apartment, Type 2
Type:
1 Bedroom
Total Area:
558 sq. ft.
Starting Price:
Ask for Price
Apartment, Type 1
Type:
2 Bedrooms
Total Area:
779 sq. ft.
Starting Price:
Ask for Price
Apartment, Type 4
Type:
3 Bedrooms
Total Area:
1,265 sq. ft.
Starting Price:
Ask for Price
Reflection Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
|
|
Studio | Type 6 | Apartment | 334 sq. ft. | Ask for Price |
|
Studio | Type 2 | Apartment | 426 sq. ft. | Ask for Price |
|
|
1 Bedroom | Type 2 | Apartment | 558 sq. ft. | Ask for Price |
|
1 Bedroom | Type 3 | Apartment | 719 sq. ft. | Ask for Price |
|
|
2 Bedrooms | Type 1 | Apartment | 779 sq. ft. | Ask for Price |
|
2 Bedrooms | Type 2 | Apartment | 1,837 sq. ft. | Ask for Price |
|
|
3 Bedrooms | Type 4 | Apartment | 1,265 sq. ft. | Ask for Price |
|
3 Bedrooms | Type 2 | Apartment | 1,854 sq. ft. | Ask for Price |
Property Prices
For detailed information regarding property purchase prices in North 43, please register your interest on our website.
Payment Plan 60/40 (For Cash Buyers)
Payment Plan 70/30 (2 Year Post Handover)
Location
North 43 is situated next to Kahraba N W, which leads to one of Dubai’s key travel arteries; the Al Khail Road. Thanks to this strategic location, occupants of the complex will be able to reach Dubai Marina, JBR and Jumeirah Lake Towers within a radius of a 20-minute drive. There are also several bus stations that are easily accessible nearby, which include JVC, Season Community Center and JVC, as well as Noor Residences, among many others.
Within a radius of a 25-minute walk, you can reach an array of local facilities, including supermarkets, schools, pharmacies and much more. These are as follows:
- VIVA Supermarket – JVC
- Aster Pharmacy 175 – JVC
- Modern Vet JVC
- Circle Mall
- FIVE Jumeirah Village Hotel
Economic Appeal
Due for completion in Q1 2024, North 43 is a perfect investment, since the hotel rental pool will allow you to earn a passive income without the need for much effort. This is a common pool model, where a property owner’s revenue share would be pooled and distributed based on the square footage owned.
The service charge is AED 18 (USD 4.9) per sq. ft. According to the developer, the return from the rental pool is estimated to be at 7.34 % in the first year, scaling up to over 9 % by the fourth year, with anticipated net investment returns per sq. ft amounting to AED 102 (USD 28) in the first year, which is likely to increase to AED 129 (USD 35) by the fourth year.
When investing in property worth at least AED 750,000 (USD 204,000), you can obtain a 2-year investor visa in Dubai. On the other hand, if your investment is valued at AED 2,000,000 (USD 545,000) or more, you become eligible for a 10-year Golden visa, which offers multiple benefits, including an Esaad card.
*The price is valid for 2023
FAQ
The developer of North 43 is North 43 Real Estate Development LLC, a real estate-specialized entity of Naseeb Group.
North 43 is situated in Jumeirah Village Circle, alongside Kahraba N W.
The premium apart-hotel offers a collection of fully-furnished and fully-serviced studios and 1–3 bedroom apartments.
North 43 is currently an off-plan residential development. Its completion is scheduled for early 2024.
There are 2 options of payment plans available: a 60/40 cash plan and a 2-year 70/30 post-handover scheme. Both of these payment plans have a 10% reservation fee.
To obtain information on property prices in North 43, please contact our real estate agents.
Yes, you can obtain residency, of which there are several types in Dubai, depending on the value of your investment.
If the property cost is AED 750,000 (USD 204,000) or more, you are granted eligibility for a 2-year visa. Another option is to invest at least AED 2,000,000 (USD 545,000), which guarantees a 10-year Golden Visa.
Buyers of all nationalities are welcome to acquire property in North 43. It is located in a freehold neighbourhood, thanks to which you will have 100% ownership of your apartment.
It is a perfect investment, since you can benefit from extra income from the hotel rental pool. As stated by the Naseeb Group, the estimated yield in year 1 in North 43 will be 7.34 %, reaching up to 9 % in year 4. The apart-hotel is expected to witness strong demand both for short- and long-term stays thanks to its close proximity to various essential local facilities and amenities.
Yes, North 43 is an excellent residential option for business professionals and travelers thanks to the convenient amenities, including a study/conference room and concierge services, among others.
Jumeirah Village Circle boasts an excellent location with easy access to academic facilities, shopping malls, pharmacies and more. Within walking distance you will be able to reach VIVA Supermarket – JVC, Circle Mall, Modern Vet JVC and more.
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