Residential complex The Society House in Dubai
In the third quarter of 2023, construction of a new premium residential complex, The Society House, will begin in one of the most sought-after areas of Dubai, Downtown. The project is being developed by Invest Group Overseas (IGO) and is scheduled to be completed in the third quarter of 2026.
The residential complex will be designed in a modern style.
The 52-storey tower will house 404 fully or partially furnished apartments. The residences are presented in different layouts and areas.
In total, there will be 3 main types of real estate:
- studios from 33 m²
- 1 bedroom apartments from 64 m²
- 2 bedrooms apartments from 108 m²;
- 3 bedrooms apartments with an area of 264 m²
The main entrance will be located on the first floor of the complex. It’ll have convenient car access. Residents and guests of the complex will be welcomed by an elegantly decorated lobby with high ceilings and panoramic windows. It will house a reception service and a comfortable lounge area for relaxing and working on a computer. Premium amenities will be available on the territory of The Society House in Dubai, including the following:
- private cinema equipped with modern equipment for film viewing with the option to select a movie by title;
- office space and meeting rooms with service;
- 25-metre swimming pool;
- outdoor terrace with a bar;
- tennis courts;
- outdoor playground for children;
- 4 landscaped gardens on open terraces;
- open area for CrossFit;
- fitness studio;
- indoor virtual golf simulator.
The Society House in Downtown Dubai, UAE
The housing at The Society House will be in high demand among buyers and renters due to its location in the heart of Dubai. From the new building, you can reach the following popular locations of the emirate in 20-25 minutes on foot or 5 minutes by car:
- The skyscraper Burj Khalifa, where you can admire the panorama of the city from its observation deck;
- The Dubai Mall, home to many major global brands, including luxury boutiques and jewellery stores, as well as amusement parks, a cinema, an ice-skating rink and a giant aquarium;
- The Wings of Mexico Statue in the shape of angel wings;
- The Burj Park by Emaar Park, located on the shore of the lake, with a light and music fountain in the centre;
- Souk Al Bahar, a Middle Eastern market-themed mall where you can buy antiques, jewellery and home textiles.
Near the residential complex is a supermarket and a bus stop. From the building, there’ll be a convenient exit to the Financial Centre highway, leading to the main financial centre of the city, DIFC. You can reach it from the residential complex in just 9 minutes. The path to the sandy sea beaches of the Jumeirah area will take up to 15 minutes.
Property for sale in The Society House
You have an excellent opportunity to profitably buy property in The Society House. While the building is under construction, the cost of the apartments will be at the lowest possible level. In addition, the developer offers instalment plans without overpayment of interest. This payment plan involves gradually introducing 60% or 70% of the cost during construction and 40% or 30% after the building’s handover. The first payment of 20% of the total amount is due upon booking the property.
The minimum cost of a 1-bedroom apartment is currently AED 1.9 million (USD 517,000). You can get acquainted with the options for selling flats in a new building in the unique site catalogue. You can also contact our specialists to ask questions about the new project, the payment plans, the discounts and the bonuses for buyers and investors. Leave your application on the site for a free consultation from our professional real estate broker.
An essential advantage of The Society House residential complex under construction in Dubai is the opportunity for UAE citizens and foreigners to buy an apartment in private ownership. This dramatically increases the project's liquidity, making it attractive to foreign investors. Another plus for foreigners purchasing housing in a new building is obtaining a UAE resident visa for investment.