umeirah Heights East is an apartment complex located in the Jumeirah Heights area of Dubai and consists of three separate buildings Jumeirah Heights D, E and F. The project was commissioned in 2012 and was developed by Nakheel PJSC, a well-known developer in the UAE. The five-story buildings feature a collection of 2,300 2 and 3-bedroom apartments, the latter of which are also available in a duplex configuration.
Each residence features panoramic windows, a balcony and is sold with an equipped bathroom, functional fitted kitchen and built-in closet. Secondary market properties are offered for sale with furniture. For example, the 3-bedroom, 5-bathroom apartments are 234 square meters (2,519 square feet) and cost AED 2,425,000 (USD 613,000).
The Jumeirah Heights area has an enviable location, which impacts the cost of the real estate of residential complexes here. Nevertheless, the objects presented in this area attract the attention of tenants who value living in a central and prestigious place. For investors, the real estate Jumeirah Heights East offers a profitable financial investment. The average price at which 3-bedroom apartments are sold is AED 2,425,000 (USD 613,000) and the annual rent for this type of housing can be AED 130,000-140,000 (USD 33,000-35,000), which implies an ROI of 6.7%. The property is sold on a freehold basis, which guarantees full ownership of the property for foreign investors.