Elie Saab Vie Townhouses — project image
✓ Resale Available

Elie Saab Vie Townhouses

From AED 3.65M·Completed Dec 2023·Developer payment plan available Payment
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AED 3.65M
Starting Price
Dec 2023
Handover
Developer payment plan available
Payment Plan
4 BR · Villa
Type

Project Overview

Elie Saab Vie Townhouses is a premium residential project by G&Co, located in the prestigious Meydan neighbourhood of MBR City, Dubai. The interior design of each of the buildings has been developed by a team of experts from the world-renowned fashion house Elie Saab. The townhouses are 2 storeys high with 3 and 4 bedrooms in three versions: Elegante, Grande and Grande Plus. The residences have a staff room, ground level terrace, fitted kitchen with integrated appliances. Property owners have access to 4 recreational areas: Calm Park, Urban Park, Junior Activities Park and Pool Area. These include a Community Mall, supermarket, coffee shop, beauty salon, pet shop, The Fields Club House community centre with gym, wellness centre, yoga area, playgrounds, lounge, children's activity room and landscaped gardens. There is a swimming pool with lounge area, children's adventure park, lounge and barbecue areas. Elie Saab Vie Townhouses is a developed family orientated community. With its close proximity to Al Ain Road, one can quickly reach any neighbourhood in Dubai. For example, Downtown Dubai, Business Bay and Dubai International Airport can be reached in about 15 minutes, while Dubai Marina and Deira can be reached in 25 minutes.

Project Specifications
DeveloperG&CO
LocationMBR District 11
Unit Types4 BR, Villa, Townhouse
AreaMBR District 11
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 157,497 / year
Cash-on-Cash
2.2%
Levered cashflow AED 37,047
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.68M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from G&CO.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

BBQ
Children’s pool
Conference room
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Kids splash pad
Landscaped garden
Landscaped park
Leisure areas
Meditation zone
Outdoor parking
Private pool
Recreational areas
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Walking paths
Yoga studio

Location

Elie Saab Vie Townhouses location map
Project location

Nearby Destinations

MBR District 11

Developer and Project Facts

01

Elie Saab Vie Townhouses by G&CO

02

Located in MBR District 11

03

Starting from AED 3,650,000

04

Unit mix includes 4 BR, Villa, Townhouse

05

Expected handover: Dec 2023

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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