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Mayas Geneva

From AED 2.30M·Completed Dec 2023·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 2.30M
Starting Price
Dec 2023
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
2 BR · Apartments
Type

Project Overview

Mayas Geneva is a luxury 5-storey project from the developer Sama Ezdan, located in one of the fastest growing areas of Dubai — JVC. The building comprises a ground floor, a podium and 5 residential floors, showcasing unique architecture that combines traditional Middle Eastern style with modern elements. The project features elegant studios, 1-3-bedroom apartments and two-bedroom duplexes. High-quality materials are used in the interior decoration, and each residence has a convenient, well-thought-out layout, which creates a comfortable and functional living environment. Mayas Geneva offers its residents a wide range of amenities, including a state-of-the-art gym, a swimming pool with sun loungers, and a picturesque park located at the foot of the complex, with many recreational areas, walking paths and barbecue areas. The complex has a well-developed infrastructure, so residents can find cafes, restaurants, shops, supermarkets, medical centers, as well as educational institutions within walking distance from the complex. It is a 10-minute drive from Circle Mall, a 15-minute drive from Palm Jumeirah and Dubai Marina, and a 25 — minute drive from Burj Khalifa and Dubai Mall. Building Configuration: G+P+5

Project Specifications
DeveloperSama Ezdan
LocationJumeirah Village Circle (JVC)
Unit Types2 BR, Apartments
AreaJumeirah Village Circle (JVC)
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 99,245 / year
Cash-on-Cash
2.2%
Levered cashflow AED 23,345
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.06M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Sama Ezdan.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

BBQ
Concierge Service
Electric Vehicle Charger
Kids Play Area
Shared Pool
Shared gym & fitness

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Jumeirah Village Circle (JVC)

Developer and Project Facts

01

Mayas Geneva by Sama Ezdan

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 2,300,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Dec 2023

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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Property Enquiries

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

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