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Westwood Grande by Imtiaz 2 in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Westwood Grande by Imtiaz 2

RoomsSize, sqmSale price, AED/sqmSale price, AED
110912,7901,400,000

Rents in Westwood Grande by Imtiaz 2

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
Studio411,52462,500
1761,330100,750

The cap rate (rental yield) of investments into Westwood Grande by Imtiaz 2 project is 10.7% on average.

The price of an apartment in Westwood Grande by Imtiaz 2 is 12,790 AED/sqm on average.

The long term rent of an apartment in Westwood Grande by Imtiaz 2 is 1,371 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Westwood Grande by Imtiaz 2 is 1,400,000 AED or 12,790 AED/sqm.

Rent for Studio apartment in Westwood Grande by Imtiaz 2 is 62,500 AED or 1,524 AED/sqm.
Rent for 1 bedroom apartment in Westwood Grande by Imtiaz 2 is 100,750 AED or 1,330 AED/sqm.

About Westwood Grande by Imtiaz 2

'Westwood Grande by Imtiaz 2' in 'Jumeirah Village Circle' area project description

Westwood Grande 2 by Imtiaz Developments

Westwood Grande 2 is a premium residential project developed by Imtiaz Developments in Jumeirah Village Circle (JVC), one of Dubai's most sought-after communities. The project represents the developer's commitment to delivering luxury living spaces with modern design and comprehensive amenities.

Construction Timeline

Construction commenced on April 21, 2024, with the project achieving 100% completion and handover in June 2025. The development was announced and booking started on April 15, 2023, demonstrating strong market demand from early stages.

Developer

Imtiaz Developments is a well-established real estate company founded in October 2014, with a construction division operating in the region for nearly 20 years. The developer is recognized for creating high-quality, innovative residential projects across Dubai and has built a reputation for delivering projects on schedule or ahead of schedule.

Architecture and Layout

Westwood Grande 2 features fully furnished studio and one-bedroom apartments designed with boutique aesthetics and premium finishes. The development offers spacious layouts that cater to both investors and end-users seeking upscale urban living. The architectural design emphasizes modern luxury with attention to detail and contemporary styling.

Amenities

The project includes a comprehensive range of world-class facilities:

- State-of-the-art gymnasium
- Smart home technology integrated throughout units
- Rooftop swimming pool
- Landscaped gardens
- 24-hour advanced security systems

Location

Westwood Grande 2 is strategically positioned in Jumeirah Village Circle, a vibrant mixed-use community in Dubai. JVC is approximately 25-30 kilometers from Dubai's main beaches, with access via Sheikh Zayed Road and connecting highways. The location offers proximity to retail, dining, and entertainment options within the community.

Nearby Projects

Imtiaz Developments has multiple projects in close proximity within JVC, including Westwood Grande (the original phase, completed in October 2024), Pearl House 1, Pearl House 2, and Pearl House 3. Additionally, Luxor Tower and Hyde Walk are other significant Imtiaz developments in the JVC area, creating a cohesive community of premium residential offerings.

Ownership and Terms

The project is offered on a freehold basis with a 4% government fee. Units start from 775,000 AED, with a flexible payment structure of 20% down payment at sales launch, 40% during construction, and 40% upon handover.



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