Canal Cove is a luxury residential development located on the beachfront of Palm Jumeirah. Developed by Nakheel Properties, the enclave includes several luxury residential properties on the emirate’s beach front. Canal Cove Palm Jumeirah comprises 118 homes built on various sites on an artificial island. The properties are divided into clusters of 6-12 units, and each cluster includes a small park shared by residents. The project started in 2002 and completed in 2007.
On the second floor of this property there are 3 bedrooms, 3 bathrooms, a large living room and a terrace (can be converted into 5-7 bedrooms with the permission of the developer).
On the ground floor of this property there is: a large kitchen, 2 dining areas, a living room, a guest room (office or guest room), a maid’s room with a bathroom, 2 garages.
With a NOC from the developer, you can expand this area by another 70-100 m.
Location:
— Among the shopping centers on the island are The Pointe and Golden Mile Galleria Mall. They feature luxury brands, casual dining establishments and entertainment venues.
— There are many restaurants nearby offering both casual and fine dining. For example, Club Vista Mare has a large selection of restaurants offering a variety of dishes. These include: Gursha Ethiopian Restaurant, Breeze Beach Grill, Simply Italian, Aji Peruvian Restaurant, Ibn Al Bahr. Residents can also visit West 14th Steakhouse at Ocean Beach Club.
Additionally, Downtown Dubai is a 25-minute drive and Dubai International Airport is a 30-minute drive.
Economic attractiveness:
— You can always profitably resell or rent out this property.
— At the same time, foreign investors can count on receiving a residence visa, which applies, among other things, to family members and workers.
The constantly growing real estate market in Dubai, as well as the location of this property, contribute to the acquisition of the latter as a profitable investment and an object of personal comfort.
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