Rove Home Marasi Drive Property Development By IRTH Development

Last Updated on: 10th October 2024, 04:32 pm

Introducing the splendid Rove Home Marasi Drive, an upscale property development by IRTH Development, marking the next chapter of the Rove Home brand in Dubai. This luxurious tower features fully furnished studios, 1-bedroom, and 2-bedroom apartments, with sizes ranging from 341 square feet to 1,057 square feet¹²,). Designed with an emphasis on contemporary living and modern comfort, residents will enjoy thoughtfully curated living spaces that blend style and low-maintenance luxury. The strategic location in Business Bay ensures seamless living, with a completion target set for Q1 2027³²,). Explore more about Rove Home Marasi and see how it promises to offer an uplifting lifestyle characterized by community and connectivity.

Key Takeaways

• Rove Home Marasi Drive offers a variety of apartment types, including studios, 1-bedroom, and 2-bedroom units.
• Payment plans feature a 10% down payment and 50% upon handover, promoting accessibility for potential buyers.
• The project includes over 50 amenities, enhancing the living experience for residents.
• Advanced smart home features are integrated into the apartments, ensuring modern convenience.
• Completion of the development is expected in Q1 2027, positioning it as a promising investment opportunity.

Overview of Rove Home Marasi Drive

Rove Home Marasi Drive is a remarkable development by IRTH Development, well-known for its high-quality residential projects throughout Dubai. This new venture showcases a commitment to contemporary living while meeting modern demands.

Introduction to IRTH Development

IRTH Development stands as a leader in real estate, focusing on innovative designs and customer-centric solutions. The Rove Home Marasi Drive Property Development marks the second property under the Rove brand, highlighting their expansion in Dubai’s competitive market⁴. Recognized for delivering top-tier residential options, IRTH has carved a niche for itself, emphasizing luxury and functionality in its projects.

Property Types and Features

The array of property types at Rove Home includes studio, 1-bedroom, and 2-bedroom apartments, catering to various preferences and lifestyles. Each unit provides stunning views of the Dubai Canal and the iconic skyline of Downtown Dubai, enhancing the living experience⁴. The project features over 40 amenities designed to ensure comfort and leisure for residents, including:

• Outdoor gym
• Swimming pool
• Zen Garden
• Running track
• BBQ area
• Padel tennis and basketball courts
• Climbing wall
• Outdoor lounge

This new property development offers competitive pricing, with a starting price for units set at AED 992,888 and a flexible payment plan that includes a 50% down payment and the remaining 50% post-handover⁵. The breakdown consists of 10% upon booking, 40% during construction, and 50% post-handover, ensuring a manageable purchasing process⁵. Sizes for the apartments vary, accommodating different needs, from compact living spaces to more extensive family units. The prime location in Business Bay guarantees easy access to major attractions, including Dubai Mall, Burj Khalifa, and Dubai International Airport, positioning Rove Home as a top choice for property investments⁵

Location Benefits of Rove Home Marasi Drive

Rove Home Marasi Drive is ideally positioned to provide residents with outstanding accessibility and connectivity throughout Dubai. Located near major highways, such as Al Khail Road and Sheikh Zayed Road, inhabitants can reach vital destinations, including the Dubai International Airport, in just 15 minutes. This prime location enhances the appeal of Marasi Drive luxury housing options, making it an attractive choice for both living and investing.

Accessibility and Connectivity

The connectivity at Rove Home Marasi Drive is further reinforced by an efficient public transport system. Nearby bus stops, including Mayfair Residency 1 and Volante Dubai Tower 2, facilitate convenient travel for residents. The strategic layout enables quick access not only to major roads but also to key attractions like Downtown Dubai and the stunning Burj Khalifa. Residents can take full advantage of various public transportation options ensuring seamless travel across the city.

Nearby Amenities and Attractions

Living at Rove Home Marasi Drive allows residents to enjoy a plethora of amenities within walking distance. Essential services such as Gala Supermarket, Florence Medical Center, and LIFE Pharmacy ensure that residents have their everyday needs met conveniently. The allure of urban life is complemented by proximity to renowned attractions, including the iconic Dubai Mall and the entertainment-rich Coca-Cola Arena. This lifestyle integration is perfect for anyone looking to explore the vibrancy of Dubai, encapsulated in the Marasi Drive home buying guide.

Rove Home Marasi Drive stands out not only for its luxury interiors but also for its fantastic location that captivates residents and investors alike⁶⁷⁸.

Investment Opportunities with Rove Home Marasi Drive

With a prime location in Business Bay, Rove Home Marasi Drive presents an exceptional opportunity for investors looking to dive into the Dubai real estate market. As a project by the reputable Rove Home Marasi Drive developer, those eyeing Rove Home property investments can expect attractive returns.

Property Investment Insights

The investment landscape for Rove Home Marasi Drive is compelling, especially with rental yields reaching promising levels. For instance, the average gross return on investment (ROI) for 1-bedroom units in this area is currently at 6.2%, highlighting its potential for generating stable income⁹. This attractive figure, coupled with competitive rental prices starting around AED 60K annually, paints a favorable picture for investors seeking consistent passive income⁹.

Moreover, the development’s payment plan is designed to be investor-friendly, featuring a 50/50 payment structure that includes a 10% down payment followed by convenient installments until the handover in Q1 2027⁹. Rove Home Marasi Drive offers various property types to accommodate diverse investor preferences, with studio units starting from 36 m² and 1-bedroom apartments from 57 m²¹⁰.

Visa Benefits for Property Owners

Owning property in Rove Home Marasi Drive comes with significant visa advantages, making it an appealing option for foreign investors. A property investment exceeding AED 750K qualifies the owner for a 2-year residency visa⁹. For more substantial investments of AED 2M or more, investors can secure a 10-year Golden residency visa, which extends to immediate family members and might include household staff as well⁹.

Clearly, investing in Rove Home Marasi Drive is more than just a real estate purchase; it encompasses a solid return potential along with the benefits of residency in one of the world’s vibrant cities. With the Rove Home Marasi Drive developer showcasing a strong reputation in the market, investors can feel assured about their decisions.

Conclusion

Investing in Rove Home Marasi Drive property development presents an exceptional opportunity for those looking to thrive in the vibrant Dubai real estate market. This stunning project, developed by the reputable Rove Home property development company, prioritizes luxury living and modern amenities, making it an attractive choice for homebuyers and investors alike. With its flexible 50/50 payment plan starting from just a 10% down payment and a promise of handover in Q1 2027, prospective owners can navigate their investments with ease and assurance¹¹.

Located in the thriving Business Bay area, Rove Home Marasi Drive is surrounded by a plethora of amenities, including a fully equipped gym, urban beach pool, and outdoor cinema among over 50 offerings¹². This development not only promises high rental yield due to its demand but also enhances community living with spaces designed for interaction and engagement, including coworking areas and dining spots¹¹. Offering unmatched views of the city and a serene environment, it offers a lifestyle that blends relaxation, productivity, and social interaction seamlessly.

Rove Home Marasi Drive stands out as a hallmark of modern urban living, meeting the demands of the luxury market while ensuring residents enjoy a community-focused lifestyle. With the strong backing of IRTH Development and its dedication to quality, buyers can rest assured that their investment not only serves as a residence but also as a pivotal element in Dubai’s dynamic residential landscape¹¹. Whether you’re seeking a home, an investment opportunity, or both, this remarkable development is engineered to meet diverse needs seamlessly.

Source Links

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