Landvest Presents The Estate Cultural Village Dubai.
A Pre-Launch Residential Investment Opportunity.
Majestic traditional Arabic architectural styles.
A choice of 2&3 Bedroom Apartments with enchanting views.
Close to the iconic Versace Resort.
State Of The Art Health Facilities.
Excellent Capital Appreciation Potential.
Excellent Rental Yield Expectations.
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LIVE & WORK IN A CULTURAL DREAMLAND The spirit of any great city ties in its culture and outlook of the future. And nothing embodies Dubai’s essence quite like the Cultural Village. A spectacular world-class destinations, the Cultural Village combines old-world pleasures with a modern, urbane air. Divided into residential, commercial and retail zone with the rich heritage of Dubai. Imagine wide open spaces where your mind and body can roam free. An enchanting view of traditional wind towers overlooking cobblestone walkways. Taking walks along romantic waterways ornamented with artistic bridges. This is Cultural Village work and play where you want to live.
The Estate, rising out of the heart of Cultural Village, is a majestic G+21 residential and commercial development project that perfectly blends traditional Arabic architectural styles with modern construction technologies. This project will have a mix of distinguishable residences and contemporary offices, built to the highest standards and feature intelligent design concepts, to create a unique and vibrant community lifestyle.It offers,well designed studios,1,2,3 bedroom apartments built with great precision.
The Location
Economic Fundamentals Dubai Creek is already an established, vibrant economic and tourist area. It is the old charming part of Dubai that was the traditional centre of trade and is a highly sought area with locals and foreign businessmen, as well as a tourist hub. It is located in close proximity to the airport that sees millions of travellers each year. Heritage Village and Culture Village will provide a unique new addition the creek that sticks to Dubai’s traditional themes. It will attract residents from the Dubai Creek and tourists looking for a theme of traditional Dubai.
Rental Proposition and Expected Yields The apartments offer a unique tranquil residence amongst the vibrant area of the Creek. There is high demand from professionals working in this area and the adjacent mega business district of Business Bay. It is expected to fetch in the region of 12-15% rental yields for long term lets. Demand is already very high in this area. The theme and location makes this very attractive to the many business travellers to the creek and the ever increasing tourists. Short term lets is also a very good option and rental yields in the region of 20% can be achieved.
Value Proposition Highlights The Dubai Creek is already a bustling area vibrant economic area. The Heritage Village and Culture village will be in a position to build on Dubai’s growth by adding to this already successful area. This makes it a prime area to take advantage of the capital growth expected by the further development of this area.There are numerous 5 star hotels, corporate offices and shopping malls in this area. Value of this area will be amongst the first to benefit from any growth in Dubai’s property market and economic growth.The construction of the airport an the mega Business Bay project will significantly add to the value of developments of the Creek by brining in high income workers to the area.The rental income is expected to be high from the residents who already work in the area and the in the area and the nearby mega business district of Business Bay.Comparable price per square foot is very cheap when compared to neighbouring Dubai developments again highlighting its incredible value. It is considerably cheaper than Business Bay but in very close proximity to it.
