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Marwa Heights Property Development By New World Developments

Marwa Heights Property Development By New World Developments
Marwa Heights Property Development By New World Developments
Marwa Heights Property Development By New World Developments

Last Updated on: 30th November 2024, 05:04 am

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Situated in the vibrant Jumeirah Village Circle (JVC), the Marwa Heights project, developed by New World Developments, offers an exceptional choice in luxury residential properties. With a carefully designed G+9 floor residential tower, this remarkable development features a variety of unit types, including studio, 1, 2, and 3-bedroom apartments ranging from 344.66 to 1,744.93 square feet. The project not only showcases high-end amenities, such as an infinity pool and a state-of-the-art gym but also aims to provide its residents with a modern and luxury lifestyle. For those keen on investing, there is a 40% down payment required at the sales launch, followed by a convenient 60% payment plan post-handover, making it an appealing option for buyers looking to enter the New World Developments portfolio1.Discover more about Marwa Heights project.

Designed with convenience in mind, Marwa Heights is strategically positioned near major road networks such as Sheikh Mohammed Bin Zayed and Al Khail Roads, offering easy access to nearby attractions like the Mall of Emirates and Downtown Dubai. Starting at a competitive price of AED 487,465, this development represents an attractive proposition for potential homeowners and investors alike2.

Key Takeaways

  • Marwa Heights is located in the vibrant Jumeirah Village Circle.
  • Offers studio, 1, 2, and 3-bedroom luxury apartments.
  • Features amenities like an infinity pool and spacious gym.
  • The payment plan includes 40% down payment and 60% post-handover.
  • Starting price for units is AED 487,465.
  • Easy access to major road networks for convenient commuting.

Introduction to Marwa Heights

Marwa Heights is a remarkable residential development located in JVC District 15, Jumeirah Village Circle, Dubai. This 13-storey residential building embodies the essence of luxury living, offering a total of 126 units ranging from studios to three-bedroom apartments. The development is designed with modern amenities and luxury amenities to cater to a diverse community of residents, making it an attractive option for those seeking a comfortable lifestyle3. Marwa Heights Property Development By New World provides a unique blend of comfort and accessibility, with construction completed in July 2023 following a start date in July 20173.

Overview of the Development

Marwa Heights features three podium levels and two basement floors, providing ample space for covered parking and other community-oriented facilities. Accessibility remains a highlight, as residents enjoy strategic connections to well-known destinations such as Dubai Mall and Palm Jumeirah, with average commute times ranging from 13 to 18 minutes3. Its prime location near commercial outlets, supermarkets, restaurants, and schools enhances its appeal3.

Key Features and Amenities

The development boasts a variety of luxurious amenities aimed at promoting a modern lifestyle. These include:

  • Infinity pool for relaxation and enjoyment
  • Spacious lobby for a warm welcoming
  • Retail areas catering to everyday needs
  • Rooftop terrace for social gatherings and leisure

Accommodations at Marwa Heights start at prices around 487,465 AED, appealing to both buyers and investors looking for attractive rental yields averaging between 6-8%4. The two basement levels primarily serve as parking spaces, complementing the luxury and modern amenities throughout the building4.

Marwa Heights Property Development By New World Developments

Why Choose Marwa Heights for Your Real Estate Investment

Investing in Marwa Heights presents a unique real estate investment opportunity. This development, nestled in the prime location of Jumeirah Village Circle, stands out for its accessibility to key thoroughfares. Residents enjoy convenient access to Dubai Marina, Dubai Mall, and Dubai International Airport within just 25 minutes. Jumeirah Village Circle is a rapidly growing community, rich with landscaped gardens and various retail outlets, fostering a vibrant neighborhood atmosphere. The strategic positioning enhances the appeal for both homeowners and investors alike.

Prime Location Benefits

The advantages of Marwa Heights are accentuated by its exceptional location. Situated in Jumeirah Village Circle, the development consists of nine residential floors, providing stunning views and a vibrant living experience. With a range of apartment sizes available, from studios measuring 345 sqft to larger units up to 1,745 sqft, there is something for every buyer’s preference. Rental yields in this area average between 6% to 8%, making it an attractive prospect for investors seeking long-term gains4. This area is not just about living space; it ensures a lifestyle enriched by accessibility to Dubai’s major attractions and conveniences5.

Affordability and Payment Plans

Financially, Marwa Heights shines with its affordable payment plans, making ownership achievable for many. The initial payment structure allows for a down payment of 40%, followed by a flexible 60% post-handover payment schedule. This model allows prospective homeowners to balance their finances while investing in luxury living. Furthermore, the starting property price begins at approximately AED 487,465 (around $132,700), reinforcing the value proposition this development offers5. The wide range of payment plans enhances accessibility, offering options like 30% due on completion and 50/50 plans to accommodate various financial situations.

real estate investment opportunity in prime location

Conclusion

Marwa Heights by New World Developments offers a unique opportunity for those pursuing luxury residential properties in Dubai. This development is distinguished by its modern amenities, strategic location in Jumeirah Village Circle, and affordable payment options, making it a compelling choice in the competitive luxury real estate market. Residents can look forward to a superior living experience enriched by facilities such as an infinity pool, rooftop terrace, and 24/7 security, which cater to a modern lifestyle.

As the community continues to flourish, investing in Marwa Heights stands to benefit from the promising real estate trends in the area, including high rental yields and strong ROI. With prices starting from AED 44,900 for studios and reaching AED 2,099,999 for three-bedroom apartments, potential investors can explore a range of options that meet various budgetary needs. More insight into these offerings can be found on this page about Marwa Heights.

With the ever-evolving landscape of Jumeirah Village Circle, Marwa Heights promises to remain a centerpiece of modern luxury living, providing residents with an unparalleled lifestyle that balances comfort and elegance. For individuals looking to combine quality living with investment potential, Marwa Heights is an excellent choice, ensuring that both lifestyle aspirations and financial goals can be achieved6.

FAQ

What types of apartments are available in Marwa Heights?

Marwa Heights offers a diverse range of apartment types including studio, 1, 2, and 3-bedroom units, with sizes ranging from 344.66 to 1,744.93 square feet.

What amenities can residents expect at Marwa Heights?

Residents of Marwa Heights can enjoy high-end amenities such as an infinity pool, gym, outdoor lounge, and a children's play area, all designed to enhance luxury living.

Is Marwa Heights available for freehold ownership?

Yes, Marwa Heights is approved for freehold ownership, giving buyers a secure investment in a prime location.

What is the starting price for apartments in this development?

The starting price for apartments in Marwa Heights is AED 487,465, making it an attractive option in the market of luxury residential properties.

What payment plans are available for purchasing an apartment in Marwa Heights?

The payment plan includes a 40% down payment followed by 60% post-handover over three years, making it manageable for many potential buyers.

Where is Marwa Heights located?

Marwa Heights is strategically located in the heart of Jumeirah Village Circle (JVC), Dubai, providing easy access to major road networks and key attractions.

What makes Marwa Heights a good real estate investment opportunity?

The combination of its prime location, luxurious amenities, and affordable payment options makes Marwa Heights an outstanding real estate investment opportunity in Dubai's growing market.

How does Marwa Heights promote community living?

The development focuses on creating a family-friendly environment with landscaped gardens, recreational spaces, and various facilities, fostering a strong sense of community.

Source Links

  1. https://www.propertyfinder.ae/en/new-projects/new-world-developments/marwa-heights
  2. https://www.nextlevelrealestate.ae/property/marwa-heights-by-new-world/
  3. https://propsearch.ae/dubai/marwa-heights
  4. https://insiderealty.ae/en/projects/marwa-heights-jvc-at-jumeirah-village-circle-dubai
  5. https://keltandcorealty.com/property/marwa-heights/
  6. https://www.alfirouz.com/exploring-luxury-living-inside-marwa-homes-townhouses-in-jumeirah-village-circle-4/

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