Equiti Gate Property Development By Refine Development
Last Updated on: 18th November 2024, 09:10 am
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Equiti Gate is an exciting new residential property development by Refine Development, situated in the heart of Downtown Jebel Ali, Dubai. Set to reach completion in Q4 2024, this modern development offers a range of apartments, including studio options and one to three-bedroom residences, ensuring something for everyone. With prices starting at AED 580,000, buyers can choose from varied floor plans that cater to their needs in the thriving Dubai real estate market.
Featuring a vibrant mix of amenities such as a swimming pool, gym, and children’s play area, Equiti Gate underscores luxury living in a family-friendly environment. The strategic location along Sheikh Zayed Road enhances accessibility to key areas in Dubai, making it a prime choice for discerning homeowners and investors alike. To discover more about this luxurious property, visit the Equiti Gate website.
Key Takeaways
- Equiti Gate offers a variety of apartments, from studios to three bedrooms.
- Starting price for a studio is AED 580,000.
- Completion is slated for Q4 2024, allowing investors to plan ahead.
- The development includes premium amenities suited for modern living.
- Its location provides excellent access to Dubai’s major attractions.
Overview of Equiti Gate Property Development
Equiti Gate is an exciting new venture in property development, located in the vibrant Downtown Jebel Ali area of Dubai. This project by Refine Development Management consists of 277 residential units, including fully furnished studios along with one, two, and three-bedroom apartments, catering to various lifestyle needs and preferences23
What is Equiti Gate?
Equiti Gate is designed as a 19-storey residential building that enhances the concept of modern living. Construction began in October 2022 and is anticipated to be completed by Q4 2024, offering a well-structured living experience with a basement for parking and multiple floors dedicated to luxurious apartments and community amenities34. The architectural layout provides functional spaces accompanied by stylish aesthetics.
Amenities and Features
This development stands out with its considerable range of amenities that emphasize comfort and leisure, which include:
- Outdoor swimming pool and private pool
- Fully equipped gym with panoramic views
- Children’s playground and co-working spaces
- Basketball court and table tennis area
- Running track with access to gardens and parks
- 24/7 security ensuring peace of mind for residents
- Resident lounge and retail shops
With prices starting from AED 1.2 million and a flexible payment plan allowing a 30% down payment followed by 70% on handover, Equiti Gate is positioned as an attractive investment24.
The project benefits from being strategically placed near essential community amenities such as shopping malls, schools, and healthcare services, fostering a sense of community while ensuring easy access to all daily needs3
Investment Potential of Equiti Gate
Investing in Equiti Gate presents an exceptional opportunity within the dynamic rental market in Dubai. With a foundation built by B.N.H Developers, known for their innovative approach and high-quality developments, this project positions itself for substantial residential real estate appreciation upon completion in Q4 2024. The appealing location along Sheikh Zayed Road ensures that the development is close to major attractions such as Al Khail Avenue Mall and the Mall of the Emirates, making it a prime investment spot.
Projected Price Increases
Market analysis indicates a trend where property values can rise by up to 20% after completion5. Equiti Gate features fully furnished studios, one, two, and three-bedroom apartments that cater to diverse buyer needs, with starting prices ranging from $120,900 for studios to $353,900 for three-bedroom units5. Investors can benefit from the structured payment plan, requiring only a 5% down payment, making this an accessible off-plan property investment6.
Rental Opportunities
The rental income potential for Equiti Gate is equally promising, with expected annual returns for studios ranging between AED 38,000 ($10,300) and AED 50,000 ($13,600), while one-bedroom apartments can achieve rental rates up to AED 95,000 ($26,000) annually5. Alongside this, the development guarantees a 10% return on investment (ROI), significantly enhancing its attractiveness to investors seeking robust investment opportunities6. The combination of strategic location and desirable amenities—including a gym, swimming pool, and co-working spaces—further enhances the proposition for potential renters and buyers alike.
| Apartment Type | Size (sq. ft.) | Starting Price (AED) | Expected Rental Income (AED/year) |
|---|---|---|---|
| Studio | 36 – 420 | 580,000 | 38,000 – 50,000 |
| 1-Bedroom | 500 – 700 | 672,000 | 95,000 |
| 2-Bedroom | 850 – 1000 | 985,000 | 80,000 – 100,000 |
| 3-Bedroom | 1200 – 1269 | 1,305,000 | 120,000 – 130,000 |
Conclusion
Equity Gate by Refine Development presents an exceptional investment opportunity for those seeking luxury living in Dubai. With prices starting at AED 580,000 and a flexible payment plan that includes a 5% down payment, the project caters to a range of buyers looking for high-quality real estate in a prime location7. Spanning unit types from studios to three-bedroom apartments, these lavish homes boast sizes ranging from 361.78 to 1269.28 SqFt, complemented by top-notch amenities like a swimming pool and gym7.
The strategic location ensures that residents are well connected to key areas such as the Dubai Marina and Downtown Dubai, making it an ideal choice for both lifestyle and investment8. Set for completion in Q4 2024, this development not only promises modern luxury but also a strong potential for price appreciation8. As the market indicates, embracing a long-term investment perspective will yield the best results, emphasizing the importance of quality and location in achieving sustainable growth8.
In summary, Equity Gate redefines upscale urban living, providing a unique blend of luxury and convenience. As an upcoming landmark in Dubai’s real estate scene, it stands poised to attract discerning investors eager to embrace a vibrant lifestyle in one of the world’s most dynamic cities. Explore more about this remarkable project and its potential for future growth here.
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Source Links
- https://www.binayah.com/dubai-projects/equiti-gate/
- https://famproperties.com/downtown-jebel-ali-dubai/equiti-gate
- https://propsearch.ae/dubai/equiti-gate
- https://pennyrealtors.com/property/equiti-gate/
- https://medium.com/@inside_dubai/equiti-gate-downtown-jebel-ali-dubai-bc548d3a1fd0
- https://topluxuryproperty.com/ae/dubai-projects/equiti-gate-at-downtown-jebel-ali-dubai/
- https://sfgproperties.net/equiti-gate-apartments-dubai/
- https://www.homes.pk/listing/equiti-gate-jebel-ali-dubai-by-under-construction-delivery-date-q4-2024/