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ROThe Sloane in Dubai
The Sloane by Belgravia Heights is being developed in Jumeirah Village Circle. The community is a freehold area, which means that foreigners can purchase real estate here in full private ownership and use it as a seasonal or permanent home or as an investment asset.
The tower consists of 13 floors housing a limited edition of 141 residences. There are three podium levels containing various amenities for residents of apartments in The Sloane. The ground floor features covered parking.
The residential project was developed by Ellington Properties, which specialises in premium real estate. The complex is under construction and will be commissioned in Q2 2023. Given the developer’s business reputation and many years of experience, the deadline will definitely be met.
Properties in Jumeirah Village Circle, Dubai, UAE
The suburban community of Jumeirah Village Circle is one of the top five popular areas in Dubai in 2022.
Homebuyers are attracted by the convenient location, well-developed internal infrastructure, and large number of landscaped areas in this community. There are villas, townhouses, and apartments. The minimum prices for apartments are as follows:
- AED280,000 ($76,000) for studio apartments.
- AED400,000 ($109,000) for one-bedroom apartments.
- AED520,000 ($141,500) for two-bedroom residences.
Prices for apartments in Dubai keep rising.
Properties on sale in The Sloane
The cost of a property in the complex depends on the number of bedrooms and area. Properties at the prices set by Ellington Properties are on sale from AED814,000 ($221,500). It’s important to note that the developer has the right to change prices until the residential complex is handed over. The cost of apartments in the UAE normally increases by the end of construction, which works in favour of investors planning to make a profit in a short period. Investing in properties in The Sloane at the construction stage is a very smart and lucrative decision. The developer offers a convenient payment plan. When booking a residence, it’ll be sufficient to pay 10% of the property cost, the remaining amount is split into instalments that need to be paid as scheduled. 50% can be paid when the complex is handed over.
