Tower 108 is located in Jumeirah Village Circle (JCV) and is part of the JVC District 18 community. The project was developed by DAMAC Properties, and Engineering Consortium Consulting Engineers oversaw the architectural design. The complex was fully commissioned in 2015, and the project includes a 33-storey building with a cream-coloured façade.
Tower 108 consists of 338 units and offers fully furnished studios and one- to three-bedroom apartments. Properties range in size from 413 sq. ft. (38 sq. m) to 1,784 sq. ft. (166 sq. m). Residents can enjoy panoramic windows and balconies featuring beautiful views of the surrounding area.
Tower 108 offers many profitable real estate investment opportunities. The complex provides a comfortable place to live for young couples, professionals, and families with children. The building is located in a developed area, and residents have access to an abundance of facilities and amenities situated within walking distance of the complex.
Properties in the JVC area have a return on investment rate of 6.32%. The annual rental rate for a unit at Tower 108 ranges from AED 32,000 (USD 9,000) to AED 85,000 (USD 23,000). Investors should note that properties are serviced by a hotel, so a portion of the rental income has to be paid to the management company for the maintenance and upkeep of the apartments.