Barbecue Area
Near Mall
Balcony
Terrace
Gym
Covered Parking
Shared Swimming Pool
The Biltmore Residences Sufouh is a new project by the developer GJ Properties in Al Sufouh 1. The 44-story apartment complex will include 480 premium apartments with 1 to 3 bedrooms. The area of the residences varies between 59 and 255 m².
The unique project is designed in Art Deco style. The facades of 2 towers with metal spires are wrapped with wide metal ribbons. At the entrance, there is a lobby with a marble concierge desk and a lounge area with elegant furniture. There will also be on-site amenities, such as a gym, children’s play spaces, and swimming pools. Construction is scheduled to be completed in early 2025.
Property for investment in The Biltmore Residences Sufouh will be a good choice. The current price of the apartments is AED 1.63 million (USD 444,000). It will increase as the work progresses. If you buy apartments at an early stage of construction and resell them by the time of completion, the capital gain will be 20–30% of the original price. Prices will continue to grow even after commissioning. Last year alone, the average cost of Dubai apartments ready for occupancy increased by 14%.
Owners of premium-class real estate in The Biltmore Residences Sufouh can also count on a stable rental income. The average profitability rate for 1-bedroom apartments in Al Sufouh 1 reaches 6.4% per annum, while 2- and 3-bedroom units achieve 6% and 4.8% per annum, respectively. Rental rates, like local property values, will increase, as the surrounding infrastructure and the Dubai market develop.
The development is being built in Al Sufouh 1, which is a popular coastal area with beaches, resorts, stores, and a wide range of residential and commercial properties. Locals can enjoy panoramic views of the Persian Gulf and fresh sea breezes. There are plenty of green walking areas, outdoor sports fields, swimming pools, and tennis courts.
The community is Dubai’s center of education and technology. It is often compared to Silicon Valley due to the presence of 2 free economic zones on its territory.
The area is home to Souk Madinat Jumeirah, a large shopping center inspired by traditional oriental bazaars. Here you will find stores with a variety of souvenirs, jewellery, carpets, and perfumes; cafes and eateries serving traditional Arabic cuisine; and numerous entertainment venues, including the Madinat Theatre with musical shows and ballet performances.
The building is located next to Sheikh Zayed Road, which provides quick access to any part of the emirate. Downtown Dubai is about 15 minutes away by car. The Mall of the Emirates, the Dubai Marina resort community, and the iconic Burj Al Arab Hotel with its luxurious restaurants, a private beach, spa, and water park are a 10-minute drive away. The Business Bay and DIFC business communities, as well as DXB Airport, are a 25-minute drive away.
Premium flats in The Biltmore Residences Sufouh are available for purchase in different configurations and sizes, including:
In addition to bedrooms with built-in closets and en-suite bathrooms, the premium property layouts include 1 to 4 balconies, a living room combined with an open kitchen and dining area, and a laundry room. There are options with a staff room, walk-in closet, and guest bathroom.
There are 2 collections of residences: Signature with flats and Atmosphere with penthouses. All interiors are designed in a light color palette with marble countertops, golden chandeliers, and panoramic windows, which visually expand the rooms.
The new complex in Dubai offers multiple benefits to residents, which are:
Residents will also enjoy a range of premium amenities for comfortable living, including:
In the podium part of the building, there will be numerous cafes and stores as well as a concierge desk, where residents can get help with household issues at any time of the day.
GJ Properties is building the complex. This well-known development organization has been working in the Middle East market for more than 10 years. It has successfully completed 15 major projects, while more than 25 are under construction. The Biltmore Residences Sufouh in Al Sufouh 1 is one of them.
Size | Price | ||
---|---|---|---|
1 Bedroom | View Options | From 0.95M To 1M | Avg. AED 1M |
2 Bedroom | View Options | From 1M | Avg. AED 1M |
3 Bedroom | View Options | From 2M To 2M | Avg. AED 2M |
The project is implemented by the development organization GJ Properties.
The development is located in the popular coastal community of Al Sufouh 1, less than 30 minutes’ drive from the city center.
Off-plan apartments in The Biltmore Residences Sufouh include units with 1, 2, and 3 bedrooms.
The construction of the complex will be completed in Q1 2025.
The developer offers a 60/40 instalment plan with a postpayment. The down payment will be 10%, with another 50% to be paid during the construction process. The remaining 40% will be paid within 3 years after the complex is completed.
Properties for sale in The Biltmore Residences Sufouh start at AED 1.63 million (USD 444,000) for 1-bedroom units and AED 2.32 million (USD 631,500) for 2-bedroom flats. To find out more about the available options at The Biltmore Residences Sufouh, prices from the developer, please contact our specialists.
Yes, investing in local properties will allow you to get a residency visa for 2 to 5 years, depending on the value of the chosen property.
The new complex is in a freehold zone, so foreigners can buy local property with full private ownership.
Premium services, a spa, sports courts, pools, and other amenities will allow residents to enjoy life in a comfortable and safe environment.
is a developed community with parks, beaches, shopping, schools, and entertainment venues. There are 2 free economic zones and the stylish Souk Madinat Jumeirah mall. The favorable location near Sheikh Zayed Road allows locals to reach other parts of the city in a short time.