Introduction:
A prestigious development has faced unforeseen delays, creating a unique opportunity for investors to acquire a stake in a high-potential project. Despite the challenges, the project’s fundamentals remained strong, with a prime location and growing demand for residences.
The project’s landlord had invested heavily in the development, but a combination of factors, including rising construction costs, has left him facing significant financial challenges and no clear exit strategy. As a result, the project was seeking additional funding to complete the development.
Current Status:
- The project was supposed to be multiple floors and mixed use units, and stopped while the ground floor only was completed.
- Location in JVC (Jumeirah Village Circle), neighbourhood with several new buildings.
- Development schedule was supposed to be completed by 2018, but stopped from 2017, now the project restarted and shall be completed by 2026.
Project Gallery:
Key Highlights:
- Prime location, with high demand
- Strong project fundamentals, with a proven track record of sales
Investment Opportunity:
With our investors (including individuals, family offices and private banks) we provided the necessary funding to revive the project.
- Total Investment: $50 million, covering below:
- Debt repayment and project revitalization
- Completion of construction and infrastructure development
- Marketing and sales efforts
- Contingency fund
- Investment Type: Equity stake
- Expected Holding Period: 3 – 5 years
- Project Completion: Q2 2026
- Expected Exit: Q1 2028
Investor Benefits:
- Significant equity stake in a high-potential real estate development
- Potential for substantial returns through capital appreciation and rental income
- Opportunity to diversify investment portfolio with a unique and attractive asset class
- Professional management and oversight to ensure project success
Conclusion:
This stressed development presented a unique opportunity for investors to acquire a high-potential project at a competitive price. With the right investment partner, we believe the project can be successfully completed, providing strong returns for investors.