Beverly Boulevard | Experience Luxury and Comfort in the Heart of Arjan, Dubai, with Diverse Designs and Appealing Investment Opportunities

Beverly Boulevard | Experience Luxury and Comfort in the Heart of Arjan, Dubai, with Diverse Designs and Appealing Investment Opportunities

Project Description:

Beverly Boulevard is a multi-story residential project developed by HMB Homes. The new complex is strategically located in Arjan, Dubai, with expected completion in the fourth quarter of 2024. The project includes a variety of residential units, including studios and one-bedroom apartments, ranging in size from 380 to 1,390 square feet.

Beverly Boulevard homes are designed with a simple and elegant style, focusing on high functional performance and development. The residences feature top-quality in all aspects, from well-thought-out living spaces to hidden wardrobes in bedrooms and stylish fixtures in bathrooms. Most studios and apartments in the project include a balcony or terrace with stunning views of the internal courtyard or the surrounding cityscape.

Beverly Boulevard offers a wide range of amenities for residents, including:

• – Gym and yoga studio.
• – Adult and children’s swimming pools with an outdoor shower.
• – Sauna and steam rooms.
• – Outdoor recreational options, including a children’s play area.
• – Cabanas and sun loungers.
• – Ground floor retail shops.
• – 24-hour reception and security.

Project Details:

• – Location: Arjan, Dubai.
• – Project Status: Under construction.
• – Number of Towers: One.
• – 8 floors.
• – Project Type: Residential apartments.
• – Housing Types: From 0+1 to 2+1.
• – Starting sizes from 380 square feet.
• – Starting prices from $129,500.
• – Delivery Time: 2024.

Prices:

Studio prices start from AED 475,000 (approximately $129,000), while one-bedroom and hall apartments start from AED 650,000 (approximately $177,000). The minimum cost for two-bedroom apartments is AED 1.3 million (approximately $350,000).

Location Advantage:

Beverly Boulevard enjoys a strategic location in the Arjan area of Dubai along Sheikh Mohammed Bin Zayed Road. Residents can easily access Mall of the Emirates, Dubai Hills Mall, and the Burj Khalifa area within 20 minutes by car. The surrounding area of Arjan is considered a desirable neighborhood with established social infrastructure, providing residents with peace and tranquility while remaining close to schools, nurseries, shopping centers, hospitals, restaurants, cafes, and more. However, owning a private car is recommended due to current challenges in public transportation.

Facilities accessible within a 20-minute drive include:

• – Shopping Centers: LIVCO Supermarket, Lals Mini Mart, Carrefour Market, Circle Mall.
• – Restaurants and Cafes: Noodle House, Papa Murphy’s Pizza, Khanou Padoush.
• – Medical Facilities: 7 Dimensions Medical Center, Prime Medical Center, Medicenters Clinic.
• – Educational Institutions: Kids World Nursery, Nord Anglia International School Dubai, Al Safa Community School.
• – Religious Centers: United Christian Church, Guru Nanak Darbar Gurdwara in Dubai, Abu Bakr Al Siddiq Mosque.

Dubai Motor City, Jumeirah Village Circle, Safa Beach, Dubai Miracle Garden, and Dubai International Airport can also be reached within 30 minutes by car.

Economic Attractiveness:

Residents of Beverly Boulevard by HMB Homes will enjoy the benefits of living in Arjan, thanks to unlimited access to all available amenities in the area. This includes nurseries, educational facilities, medical services, gardens, a variety of restaurants, and more. The complex also enjoys a prime location near Dubai Motor City and Jumeirah Village Circle, making it an attractive place for those who want to enjoy city life while maintaining peace and privacy.

According to available data, the average rent for one-bedroom and hall apartments in Arjan is around AED 46,000 (approximately $12,500) as of the second quarter of 2023. Investors looking to rent their properties can expect a rental yield of approximately 5.4% for one-bedroom apartments in this area, while studio rental yields may reach around 6%. Arjan is a freehold community, allowing foreigners to purchase properties with 100% ownership and later resell them for profit.

Additionally, investing a minimum amount of AED 750,000 (approximately $204,000) in Beverly Boulevard offers the opportunity to obtain an investor visa valid for two years. If the property value reaches AED 2 million (approximately $545,000) or more, the investor qualifies for a 10-year golden visa, including family members and local employees.