Evergr1n House Property Development By Object 1 CONTEMPORARY DEVELOPMENT

Last Updated on: 13th October 2024, 02:13 pm

Introducing the stunning Evergr1n House, a transformative luxury property development by Object 1 CONTEMPORARY DEVELOPMENT, situated in the vibrant heart of Jumeirah Garden City, Dubai. This modern architectural design blends innovative living spaces with sustainable practices, setting a new standard for high-end residential development. With a total of 219 units in an 11-story residential building, Evergr1n House offers a carefully curated mix of studio to two-bedroom apartments, with sizes ranging from 388 sq. ft. to 1,138 sq. ft¹².. Residents will enjoy breathtaking views of the cityscape coupled with stylish finishes that promote a sense of luxury. Evergr1n House is expected to be completed by June 2026, which positions it as a future landmark in the dynamic real estate market of Dubai. Discover more about this appealing opportunity in urban living by visiting the Evergr1n House project page.

Key Takeaways

• Evergr1n House is located in Jumeirah Garden City, offering superb urban living amenities.
• The project features modern apartments with spacious interiors and outstanding designs.
• Competitive prices for luxury properties begin at AED 1.03 million, appealing to both homeowners and investors.
• A flexible payment plan enhances accessibility for prospective buyers.
• With rental yields between 6% and 7% annually, Evergr1n House presents an attractive investment opportunity.
• Key amenities include a BBQ area, health club, swimming pool, and more to enhance residents’ lifestyles.

Overview of Evergr1n House Development

Evergr1n House Property Development, curated by Object 1 CONTEMPORARY DEVELOPMENT, presents an innovative residential experience in Dubai. This urban property development emphasizes modern living through its seamless integration of contemporary architectural design with nature, providing a serene yet vibrant lifestyle.

Introduction to Object 1 CONTEMPORARY DEVELOPMENT

Object 1 CONTEMPORARY DEVELOPMENT is recognized for its commitment to creating spaces that harmonize with their environment. With a vision centered around sustainability and functionality, they have brought forth Evergr1n House as a testament to their expertise in urban property development.

Location Highlights: Jumeirah Garden City

Situated in Jumeirah Garden City, Evergr1n House enjoys a prime location that enhances the living experience of its residents. The stunning Burj Khalifa and the vibrant Dubai Mall are merely 12 minutes away, while La Mer Beach and City Walk can be reached within an 8-minute drive. This proximity to iconic attractions ensures that the residents can indulge in the best of Dubai’s entertainment and leisure offerings.

Architectural Design and Concept

The architectural design of Evergr1n House is a fusion of modern aesthetics and sustainable elements. This 11-storey residential building encompasses an estimated 219 residential units with sizes ranging from 37 m² to 106 m², catering to diverse living preferences. Floor-to-ceiling windows not only provide panoramic views but also enhance natural light, creating a warm and inviting atmosphere³. The aesthetic appeal is complemented by amenities such as smart home technologies, a landscaped pool deck, and a fully equipped gym, designed to elevate daily living⁴.

The development is strategically located near schools with excellent ratings, such as Dubai Autism Center and Jumeira Baccalaureate School, ensuring quality education options for families³. With rental yields between 6% to 7% annually, Evergr1n House stands as an attractive choice for investors looking to maximize their returns⁵. The ample outdoor spaces and recreational facilities promote an active lifestyle, making this property ideal for families and professionals alike.

Living Options and Amenities

Evergr1n House presents a diverse array of living options that cater to various lifestyle needs. With a focus on luxury property development, the project offers studio, one-bedroom, and two-bedroom apartments. The apartment sizes vary from 398 sqft to 1,138 sqft, accommodating a range of preferences for contemporary living spaces. This selection allows residents to find a suitable home that resonates with their lifestyle and aesthetic desires⁶⁴⁷.

Types of Apartments Available

The development features a total of 219 residential units, offering choices for potential residents. The well-designed apartments include:

• Studio apartments starting at AED 995,000
• One-bedroom apartments starting from AED 1,808,000
• Two-bedroom apartments priced from AED 2,627,000

This assortment provides an attractive opportunity for those interested in premium real estate developments in Dubai⁴.

Features and Premium Amenities

Evergr1n House boasts exceptional features and amenities that enhance the living experience. Residents can enjoy:

• Smart home features for modern convenience
• Tranquil gardens for relaxation
• Outdoor swimming pool and fitness center
• Children’s play areas
• BBQ area and sauna
• Gender-specific shower areas
• 24/7 security for peace of mind

These amenities create a vibrant and engaging community atmosphere for all residents⁶⁷.

Payment Plan and Pricing Structure

Evergr1n House offers flexible payment plans designed to make the purchase process smooth and accessible. The primary payment structure includes:

1. 10% down payment upon booking
2. 40% during construction
3. 50% upon handover

Completion of the development is anticipated for Q2 2026, enabling buyers to plan accordingly⁴⁷. This competitive pricing structure combined with the high-quality offerings makes Evergr1n House an appealing option for those seeking innovative property development in Dubai.

Investment Potential of Evergr1n House

The Evergr1n House presents a remarkable investment potential in Dubai, as it aligns with current trends within the luxury property development market. Jumeirah Garden City boasts a thriving real estate environment with an impressive rental yield, reflecting the increasing demand for high-end residential development.

Market Trends and Rental Yields

In Jumeirah Garden City, two-bedroom apartments can receive annual rents up to AED 400,000 (approximately $108,900) due to the area’s allure and amenities⁸. With the ever-growing interest in sustainable real estate projects, now is a prime opportunity for investors to capitalize on this emerging trend.

Accessibility to Key Attractions

Evergr1n House is strategically positioned close to many key attractions, including Jumeirah Mosque just 1.7km away, La Mer at 2.1km, and Dubai Aquarium at 2.9km⁸. This thoughtful location ensures residents enjoy easy access to stunning parks such as Al Satwa Public Park and La Mer Beach, enhancing the living experience⁸.

Why Choose Evergr1n House for Investment

The combination of premium amenities, including a swimming pool, gym, and privileged community spaces, reinforces the attractiveness of Evergr1n House for both first-time homebuyers and seasoned investors alike⁶.
With a starting price of AED 995,000 for studios and a flexible payment plan involving a 10% down payment, followed by 40% during construction and 50% on handover, the investment becomes increasingly viable for many⁷.

Conclusion

In summary, Evergr1n House by Object 1 CONTEMPORARY DEVELOPMENT emerges as a prime choice within Dubai’s flourishing real estate market. This development is characterized by modern architectural design and a strategic location in Jumeirah Garden City, setting it apart from other urban property developments. With various living options including Studio, 1, and 2-bedroom apartments starting from AED 1,000,000 and a flexible payment plan, investors have the opportunity to secure their future in a promising market.

The anticipated completion by June 2026 adds to its allure, as stakeholders in the real estate sector continue to navigate the evolving landscape highlighted by increased demand and foreign investment. As the region adapts to thrive, understanding the market dynamics is crucial for prospective buyers. For more insights into Dubai’s resilient property market, consider exploring the recent growth trends detailed here⁹.

Overall, Evergr1n House not only offers unparalleled amenities and luxury living experiences but also stands as a testament to sustainable investment opportunities in contemporary urban property development. With ongoing trends indicating substantial growth, this development is made for those looking to invest wisely in Dubai’s vibrant real estate scene.

Source Links

1. https://www.miva.ae/apartments-for-sale/dubai/jumeirah-garden-city/evergr1n-house/mr-95383/
2. https://dxbproperties.ae/property/evergr1n-house-jumeirah-garden-city
3. https://propsearch.ae/dubai/evergrin-house
4. https://insiderealty.ae/en/projects/object1-evergr1n-house
5. https://ioffplandubai.com/dubai-property/evergr1n-house/
6. https://keltandcorealty.com/property/evergr1n-house/
7. https://excelproperties.ae/offplan/evergr1n-house-object-1-jumeirah-garden-city
8. https://myoffplaninvestment.com/property/evergr1n-house-at-jumeirah-garden-city-by-object-1/
9. https://homes4life.ae/projects/evergr1n-house/