Al Noor Residences
Jumeirah Village Circle, Dubai
A fully let building of 48 one- and two-bedroom apartments, earning monthly rent from long-term tenants.
About the project
Al Noor Residences is a completed, fully let residential building in one of Dubai’s most popular family communities. Occupancy has stayed above 95% for the past three years.
Investors co-own the building through an Ijara structure: the asset is leased to tenants and the net rent, after maintenance and management costs, is distributed to investors every quarter in proportion to their share. At the end of the term the building is sold and the proceeds are shared in the same proportion.
How this investment works
Ijara
You co-own an income-producing property that is leased to tenants. Your share of the net rent is paid out regularly, and the sale proceeds at the end of the term are shared in the same proportion.
Capital at risk. Projected returns are not guaranteed. Read the risk warning before investing.