Verde

The residential tower Verde, spanning 59 floors with thousands of square meters of public spaces on a seven-story podium, is a project by developer Sobha Realty in partnership with DMCC. The premium-class apartments in this under-construction complex offer a wide variety of layouts, including ultra-modern options with a separate maid's room or a study.

The premium quality of the residences and public spaces within the complex meets the standards of the Jumeirah Lake Towers (JLT) community. The project incorporates thousands of square meters of greenery, planting exotic plants, and providing outdoor sports and children's playgrounds, several luxurious pools, a spa, and numerous other places for residents to engage in active or relaxed leisure activities.

From an architectural standpoint, Verde has the potential to become one of the landmarks of the area. As for the comfort of residents, it is guaranteed to be of the highest level. The rooftop lounge and all amenities on the podium level are designed to provide residents with the utmost comfort.

The apartment layouts offer limitless space for the implementation of various interior design projects. Balconies and panoramic windows provide stunning views of the lush greenery of Emirates Hills, the magnificent beauty of Jumeirah Island, and the vast greens of Emirates Golf Club, adding a touch of elegance to the room decor. Bedrooms are soundproofed for quality rest, while a centralized smart air conditioning system ensures a comfortable microclimate in any weather condition, while operating efficiently.

Verde is conveniently located, only a 30-minute drive from the airport and 10 minutes away from Palm Jumeirah

The apartments enjoy easy access to First Al Khail Street, a short distance from Sheikh Zayed Road. In terms of nearby infrastructure, it is rapidly expanding and developing. At present, there is already everything needed for luxury entertainment within walking distance, including dozens of restaurants offering various cuisines, a golf course with a clubhouse and academy, tennis courts, and exclusive men's and women's clubs.

It takes approximately 20 minutes to reach the city's tourist center from the cluster. Due to its proximity, visitors to Dubai often choose to rent apartments in JLT for vacations or attending industry events.

The bus stop and DMCC Metro Station are just a few minutes away by a leisurely walk. There are also many chain supermarkets and convenience stores nearby, well-known medical centers in the UAE and worldwide, as well as tutoring centers for children and teenagers, language schools, and general education institutions.

The investment potential of apartments in Verde by Sobha

Investing in real estate in JLT provides stable returns, especially in the super-premium residential segment, which includes Verde by Sobha. Currently, in the summer of 2023, during the off-plan sales stage, apartments or entire floors in the complex can be purchased at the lowest prices offered for the property. In the foreseeable future, property prices here are expected to rise as several major infrastructure units in the area are nearing completion. However, the price can be locked in by signing a contract now, and the developer offers a convenient payment plan of 80/20.

A 1-bedroom, 1-bathroom apartment in the residential complex as of July 2023 starts from $536,785 / AED 1,970,000. The ROI for such apartments in the area reached 8.2% as of March 2023. Buyers can be citizens of any country. Foreigners who acquire property are entitled to participate in the investor visa program, granting them residency privileges in Dubai with the possibility of regular renewal throughout the entire ownership period of the property.