XXII Carat Villas — project image
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XXII Carat Villas

From AED 120.00M·Completed Jan 2019·Developer payment plan available Payment
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AED 120.00M
Starting Price
Jan 2019
Handover
Developer payment plan available
Payment Plan
7 BR · Villa
Type

Project Overview

XXII Carat Villas is an elite residential complex from the Forum Group, which is located on the prestigious Palm Crescent peninsula. The project represents 22 luxury villas, the epitome of classical architectural solemnity and modern comfort. The exterior of the buildings is distinguished by majestic symmetry and exquisite attention to detail. Each residence is designed with the highest priority to ensure complete privacy. The complex includes three unique villa design styles: “Sapphire Villa", “Ruby Villa“ and "Emerald Villa". Each villa has 7 spacious bedrooms. The interior of the villas is the standard of impeccable taste. The spaces in the villas are characterized by impressive ceiling heights and an abundance of natural light, thoughtful layouts contribute to perfect functionality. Residents of XXII Carat Villas have access to a number of first-class amenities, including private access to manicured beaches and picturesque landscaped gardens. In addition, the complex has a swimming pool and modern fitness centers. The Palm Crescent's prime location provides easy and fast connections to Dubai's key centers of attraction. The famous Mall of the Emirates is just 15 minutes away by car. Dubai Marina Walk and Jumeirah Beach Residence The Walk are just an 11-minute drive away. Dubai International Airport can be reached in about 35 minutes by car.

Project Specifications
DeveloperForum Real Estate Development
LocationPalm Jumeirah
Unit Types7 BR, Villa
AreaPalm Jumeirah
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 5.18M / year
Cash-on-Cash
2.2%
Levered cashflow AED 1.22M
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 55.20M / 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 Forum Real Estate Development.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

BBQ
Beach Access
Cabanas
Club house
Community Lawn
Concierge Service
Dining outlets (coffee houses & restaurants)
Housekeeping Services
Landscaped garden
Lobby
Maintenance warranty
Open Kids Play Area
Parking
Private pool
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Terrace Garden
Valet parking
Walking paths

Location

Palm Jumeirah

Nearby Destinations

Palm Jumeirah

Developer and Project Facts

01

XXII Carat Villas by Forum Real Estate Development

02

Located in Palm Jumeirah

03

Starting from AED 120,000,000

04

Unit mix includes 7 BR, Villa

05

Expected handover: Jan 2019

06

Official brochure and PDF marketing materials available

07

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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