Best Offer in Dubai Hills: Exclusive Ellington Apartment
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- Опубліковано 5 вер 2024
- 📞 Contact the expert: ins.is/whatsapp
In our latest video review, expert Victoria Butyrskaya presents something special. This time, we're not discussing an entire residential complex but focusing on a specific apartment. It's a one-bedroom apartment in Dubai Hills by the Canadian developer Ellington Properties.
Dubai Hills is one of the best areas to live in Dubai, featuring a large park, a convenient shopping and entertainment complex, a prestigious school, and a kindergarten. The apartment Victoria talks about is located near the entrance to Dubai Hills in the Ellington House project.
All of Ellington's projects stand out for their exceptional quality, thanks to the selection of building materials, attention to detail, and wise choice of contractors. Ellington House is no exception; it's a premium residential building in a great area.
The property's major advantage is its cost. The apartment in the review is offered at an exclusive price, lower than new launches. Another significant benefit is the timeline for completion. The building is nearly finished, with interior finishing and landscaping underway, and keys will be handed over in the first quarter of 2025.
Victoria provides detailed information on the cost, rental yield percentage, and advantages of the apartment in the video.
Interested in the apartment? Contact Victoria at the link: ins.is/whatsapp
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Video Content:
00:25 Dubai Hills Area: its divisions, key facilities in each
01:20 The reputation of Ellington Properties, why properties in their projects sell at higher prices, and the key to their success
02:05 The process of apartment handover in one of the Ellington Properties projects
02:36 Location of the Ellington House project, nearby community spaces, and potential neighbors for residents
03:47 Overview of the Ellington House building in Dubai Hills, amenities provided by the developer
05:31 Completion timeline for the Ellington House project in Dubai Hills, current construction stage
05:53 Exclusive deals available for an apartment in Ellington House, Dubai Hills, and benefits for the buyer
06:53 Price of an apartment in the Ellington House project, Dubai Hills
07:30 Tour of an apartment in Ellington House, Dubai Hills, including cost details, finishes, appliances, and furniture included
08:19 Three key advantages for buyers of an apartment in Ellington House, Dubai Hills
09:54 Layout of the apartment in Ellington House, Dubai Hills
10:57 Conclusion
#Dubai #UAE #RealEstate
Awesome
Wann is that finished? I am intressted
Is this an AI generated video?
The video itself and our lovely investment expert Victoria are real but we have indeed used AI for translation. Well spotted!
What you are saying makes no sense!
8:25 "The building will be ready earlier therefore it's cheaper" - if it's ready for use earlier it should be more expensive!
That's what happens when the market is full of people looking to make a quick buck. Its very likely that the second the owner gets the keys he will loose 30% of his purchase value because Dubai is in a crazy bubble where ready apartments are cheaper than offplan.
Thank you for your comment and for sharing your views on the real estate market in Dubai. Allow me to present an alternative perspective on the aspects you mentioned.
1. "Readiness for use should increase value": Typically, this is true, but there are unique factors in the Dubai market. First, many buyers prefer to invest in properties at the planning or construction stage, anticipating that the price will rise as the project nears completion. This creates high demand for early-stage real estate and potentially lowers demand for completed properties.
2. "Loss of value upon receiving keys"*: While this may be true in some cases, it's not a rule for the entire market. The value of real estate in Dubai often depends on various factors, including location, construction quality, and the prestige of the project. In many cases, properties retain their value or even increase in price after construction is completed.
3. "Bubble in the real estate market": The concept of a "bubble" suggests that real estate prices are artificially inflated and do not correspond to the actual value. Although Dubai has experienced periods of rapid price increases, the market is also regulated by economic cycles, government policies, and international factors. The Dubai government actively works to stabilize the market and prevent speculative bubbles.
4. "Market Speculation": While speculation exists in any real estate market, it's important to note that many investors in Dubai purchase property with a long-term perspective, focusing on steady rental income and capital appreciation.
In conclusion, while it's important to be aware of the risks associated with real estate investments, the Dubai market offers unique opportunities for investors and buyers, thanks to its strategic location, high-quality infrastructure, and stable economic growth.
@@insiderealty_ae
I'm really glad you confirmed my knowledge of the state of the Dubai market.
Given this situation wouldn't it be more advisable for clients who are not interested in a payment plan to just wait until this project is ready and buy it then?
We recommend buying this apartment now for two reasons. First, the price of the apartment may increase as the real estate prices in Dubai continue to rise. And the more advanced the stage of readiness of the property, the higher the price. Second, someone else might buy this apartment, as this offer is exclusive.