Society House

Society House

Society house is the new luxury residential project of the well-known developer IGO – Invest Group Overseas and will be built in the prestigious DOWNTOWN area.
Discover with Greeninvest the characteristics of this exclusive project

Invest Group Overseas (IGO), a Dubai-based real estate developer, a subsidiary of MAG Property Development and part of the MAG group of companies, is one of the Middle East’s real estate investment and development companies, has a proven track record of success in identifying and capitalizing on profitable investment opportunities, and it is this expertise that has made the company one of the most respected names in the industry.

Society House will be the new residential tower with a unique design, conceived by the team of the renowned architecture firm Wanders Wagner Design, it will undoubtedly be one of the tallest towers in the entire Downtown skyline.
It will consist of 55 floors with 404 units including luxurious studios and apartments with 1, 2 and 3 bedrooms.
Entering Society House means entering a world where luxury, comfort and a strong sense of community come together.

As already mentioned, the society house will be located in Downtown, the heart of Dubai. In just a few minutes’ walk, future residents can reach the Dubai Mall and the famous fountains of the bUJR KHALIFA. There are also plenty of local shops and restaurants nearby. This is an ideal location for short-term rentals or even traditional annual rentals. The Downtown neighborhood is very popular with both tourists and locals, so the rental yield will certainly be interesting.

Society house dubai offers a range of apartment types, from studios to large active 3 bedrooms, and you can choose between furnished and semi-furnished apartments. They will be finished to a very high standard, European brands will be used, the sanitary ware will be signed TOTO and the apartments will benefit from smarthome technology. All apartments will be sold with one or two parking spaces included in the purchase price.

PAYMENT PLAN

The developer offers two payment plans, both interest-free. Option 1 has a full payment plan between booking and key collection. Option 2 provides for the payment of 30% in 18 months after the delivery of the keys:

OPTION 1
60% to be paid in the 3 years of construction
40% to be paid upon delivery

If you choose this option, the 4% fee of the dld will be 100% free

OPTION 2
70% to be paid in the 3 years of construction
30% to be paid in the 18 months following the delivery of the keys

If you choose this option, the 4% DLD tax will only be discounted by 50%.

Features

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