Pacific Edmonton Elm is a five-storey residential complex located in Jumeirah Village Triangle, District 2, Dubai. The project was developed by Pacific Ventures, and the architectural design was implemented by Al Hatmy Design & Engineering Consultancy. The development was commissioned in the second quarter of 2021.
There are a total of 66 residential units, including studios, three-bedroom duplexes, and one- to three-bedroom apartments. Properties feature spacious living rooms, modern kitchens, balconies, laundry rooms, and panoramic windows. Some units have two bathrooms and two balconies, and three-bedroom apartments have powder rooms, study areas, and dining areas.
The complex offers a variety of amenities and services, including:
Studios, apartments, and duplexes range in size from 740 sq. ft. to 2,881 sq. ft. and range in price from AED 275,000 (USD 75,000) to AED 1,100,000 (USD 299,000).
*The price is valid for 2021
Residents prefer to travel around the area using personal vehicles and cabs. Dubai International Airport and Al Maktoum Airport can be reached within a 30- to 35-minute drive of the residences.
The complex is situated within walking distance of many social, commercial, and leisure facilities, including:
The complex is also located within a 15-minute drive of several popular attractions, including:
Jumeirah Village Triangle is a freehold district where properties can be purchased by local and foreign investors. Given the community’s rapid pace of development, residential units are in demand among tenants and investors. Today, properties have a return on investment rate that ranges from 6% to 7%, depending on the type of unit.
Annual rental rates range from AED 35,000 (USD 10,000) to AED 80,000 (USD 22,000), and the estimated payback period ranges from 16 to 19 years.
*The price is valid for 2021
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