About MAYA V
Status
Under construction
Deadline
4Q 2024
Developer
London Gate Real Estate Development LLC
District
Jumeirah Village Triangle
Squares
from 700 sq ft
Price
Status
Deadline
Developer
District
Squares
Price
MAYA V is a luxurious residential complex presented by the developer London Gate. Situated in the upscale community of Jumeirah Village Triangle, this 6-story building comprises 59 lavish residences. Buyers can choose from 1 and 2-bedroom apartments, as well as 2 and 3-bedroom duplexes.
Key features of this project include well-thought-out floor plans and captivating views of Dubai Marina and Burj Al Arab. The sizes of the offered properties range from 65 to 204 square meters. Each residence comes equipped with built-in wardrobes, a closed kitchen, and a separate storage area.
The expected completion date for the project is the end of 2024. During the active construction phase, there is an opportunity to take advantage of favorable purchase conditions with a 40/60 payment plan. The initial booking deposit is only 10 percent. During the construction process, an additional 30 percent is payable, with the remaining 60 percent paid upon completion.
In the Jumeirah Village Triangle community, the initial rental price for one-bedroom apartments is AED 55,000 or USD 15,000 per year. The average return on investment under these conditions is 7.4% as of the end of 2023. Analyzing these figures, it becomes clear that investing in MAYA V is also a lucrative way to generate income through subsequent rentals.
Furthermore, this investment opens the opportunity to obtain a two-year or ten-year visa depending on the amount spent on real estate. Each visa covers the entire resident’s family, and the ten-year visa also extends to household staff.
Property Types:
Apartments
Duplexes
first installment
10%
during construction
30%
on key handover
60%
Prospective owners at MAYA V can look forward to a wealth of amenities and services, including:
Pool
Sports Hall
Children playground
Barbecue area
24/7 security
Covered parking
Cafes and restaurants
Near MAYA V, the main highway Sheikh Mohammed Bin Zayed Road facilitates convenient travel throughout the emirate. To reach DIFC, Downtown Dubai, and Dubai International Airport by car, it will take just over half an hour.
Within walking distance, there are numerous socially significant infrastructure facilities, including:
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