New premium residential complex in the Business Bay area in the heart of Dubai
All that potential residents need to know about this architectural structure are
All this makes you realize that you want to live in these apartments and enjoy every moment.
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All high-rise buildings are made in a modern style with panoramic glazing and lots of metal structures. The clearly defined geometry, the lines and their symmetrical arrangement set these buildings apart from the general background of the skyscrapers. The facades of the buildings are illuminated in the evening and at night, allowing you to admire them at any time of day.
The Sterling is represented by two high-rise towers, which are connected by a hall. On the roof of both structures is a swimming pool and a green area with a barbecue. On one side of the complex offers a unique panorama of the UAE’s landmark – the Burj Khalifa Tower. And on the other side there are incredible views of the park area with densely planted trees that open the way to the blue surface of the water channel.
Installment | Stage | Payment |
---|---|---|
Advance payment | 5% | |
1st installment | After 1 month. | 10% |
2nd installment | After 2 months. | 5% |
3rd installment | After 4 months. | 5% |
4th installment | After 6 months. | 5% |
5th installment | After completion of construction 70% | 70% |
The residential complex is located near the main street Asayel St., Financial Center Rd. and Marasi Dr., thus providing accessibility to any part of the city on foot as well as by public transport, subway or water cab. The Coral Tower 2, Canal Views Hotel Apartments 2, Canal Views Hotel Apartments 1 and Al Wajeha Al Mayeah Marine Transportation Station are all within walking distance.
The Sterling will be surrounded by all necessary services, medical centers, educational institutions, grocery stores, banks and other important buildings that will ensure not only the profitability of buying the apartments, but also the success of the investment. You will be within 10 minutes walking distance to:
The potential economic benefits were calculated long before the development of the residential complex, putting it forward as a central financial asset. Investing money in these apartments is the most profitable investment, the value of which will continually grow. Many businessmen and entrepreneurs of the world are investing a lot of money in Dubai real estate, which pays off at an enviable rate.
According to the data for the 4 quarter of 2021, Business Bay generates a return on investment of 6.0%, and the minimum annual rent for similar complexes is AED 55,000 (USD 17,000). Thus, to become the owner of an apartment in this residential area can be for personal use or for long-term passive income.
Buying an apartment in The Sterling, you can become a member of the club, which provides a variety of benefits. Upon completion of construction, you become a holder of a 3-year investor visa. The minimum investment amount to obtain such a visa is AED 800,000 (USD 300,000) and the visa can be renewed an unlimited number of times. In addition, with this document you can move your family for long-term residence. Pretty favorable conditions.
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