Pearl House 2
About Pearl House 2
(sq. ft.)
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Pearl House is a premium 15-storey (G+4P+11) complex by Imtiaz Developments in Jumeirah Village Circle. The project features 176 studio and 1-bedroom apartments with custom-made furniture. The size of the properties stands at 407 sq. ft–790 sq. ft.
Pearl House 2, launched in July 2023, also offers studios and 1-bedroom apartments. The property sizes stand at 413 sq. ft-797 sq. ft.
All apartments will come with a balcony, which will overlook the leafy surroundings of the neighbourhood. At the same time, 1-bedroom units will have a built-in office, which is perfect for those working from home.
Each Pearl House residence will be equipped with a wide array of branded devices. These include a 65-inch Samsung TV, a 24-inch iMac, Bosch appliances and Alexa smart home technology. Not forgetting Fondovalle tiles, sanitary fixtures by Geberit, and sanitaryware by Gessi for an even more enjoyable living environment.
Pearl House will have a wide array of world-class amenities onsite, including:
- Club room with a billiard table
- EV vehicle recharge station
- Gym
- Courtyard
- Rooftop swimming pool
- Extra visitors parking
- Children’s playground
Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Developer Imtiaz
- Status of Project In progress
- Type of Project Residential Tower
- Available Units Studios - 1BR Apartments
- Area from 409 sq. ft.
- Payment Plan 60/40
Floor Plans of Pearl House 2
Apartment, 3rd Floor
Type:
1 Bedroom
Starting Price:
Ask for Price
Property Prices
As of June 2023, the starting price for a 1-bedroom residence in Pearl House is AED 822K (USD 224K). The service charge is about AED 14 (USD 4) per sq. ft.
The apartments with 1-bedroom configurations in Pearl House 2 are priced at a minimum of AED 758K (USD 206K), as of July 2023.
*The price is valid for 2023
Payment Plan
Location
Pearl House is located in close proximity to Sheikh Mohammed Bin Zayed Road, ensuring hassle-free commutes around the emirate. You can reach Motor City and Dubai Studio City within 15 minutes, whilst Dubai International Airport is located about half an hour away. Right next door to the complex, there are several bus stations, including Sobha Daffodil Apartments 1, JVC and Al Wazzan Tower 1, to name a few.
Within a maximum of 25 minutes on foot, a wide range of social facilities can be found. These include:
- JVC — Halfa Park, Circle Community Park
- Tudomart Supermarket
- LIFE Pharmacy — JVC LIFE
- JVC Masjid – Masjid Fatma Al Sayed Mohammad Yousuf Sharaf
- Right Health Karama Medical Center, Aster Clinic JVC
- Circle Mall
- Restaurants: Define Turkish, Trattoria by Cinque | Italian Restaurant in JVC, Farm City Dubai, etc.
Economic Appeal
The expected completion of Pearl House is scheduled for Q4 2025. Real estate in this development will be perfect for young specialists and businessmen, thanks to the built-in home office. Pearl House provides the opportunity to reside in a well-established community with easy access to the thriving commercial hubs of Dubai, as Business Bay can be reached within 20 minutes.
Since properties in the complex will be fully furnished, it provides you with the opportunity to rent them out either short- or long-term immediately upon handover. As of Q2 2023, 1-bedroom apartments in Jumeirah Village Circle generate a 7.7% gross ROI on average, which is a high indicator across the segment of affordable units. The initial rental rates stand at AED 60K (USD 16K) per annum, AED 6K (USD 1.6K) per month, AED 2K (USD 544) per week and AED 200 (USD 54) per day.
When investing AED 750K (USD 204K) and above in Pearl House apartments, you become eligible for a 2-year investor visa. Those who purchase property worth AED 2M (USD 545K) and above will have the opportunity to obtain a Golden Visa valid for 10 years.
*The price is valid for 2023
FAQ
It is being developed by Imtiaz Developments.
The complex is located in Jumeirah Village Circle.
Among the available proposed residences in Pearl House and Pearl House 2 are fully-furnished studios and 1-bedroom apartments.
It is scheduled for completion in Q4 2025.
The developer offers a 60/40 payment plan, with a 20% down payment.
As of June 2023, the starting price for an apartment in Pearl House is AED 822K (USD 224K).
The apartments with 1-bedroom configurations in Pearl House 2 are priced at a minimum of AED 758K (USD 206K), as of July 2023.
Yes, you can obtain a long-term visa, the type of which is based on the investment amount.
If the property costs AED 750K (USD 204K) and above, you will obtain a 2-year visa. Those who invest a minimum of AED 2M (USD 545K), will become eligible for a 10-year Golden Visa.
Any nationality can acquire property in Pearl House thanks to it being freehold.
This is a very good investment, as real estate comes fully furnished, allowing you to rent it out immediately upon handover. In JVC, 1-bedroom units offer a whopping gross ROI of 7.7% on average.
This is a fantastic place for both businessmen and entrepreneurs who are interested in affordable, fully-furnished properties within easy reach of commercial hubs, such as Business Bay.
Jumeirah Village Circle has an outstanding infrastructure, with supermarkets, medical centres, and shopping malls easily accessible. In the neighbourhood one can find Circle Mall, Tudomart Supermarket, Aster Clinic JVC, etc.
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