Under construction properties
Society House
$387,100 — $14,287,300
Property types:Studio, 1 bedroom, 2 bedroom, 3 bedroom, penthouse
Two-Year Price Appreciation:17%
District:Downtown
Developer:IGO
Class of the property:"B"- Class of the district:"A"
Rating Masterpiece:4★- Reliability of the developer:5★
Down payment:20%- Payment plan:
70/30
Completion date:Q3 2026
About district
Location
- District
Downtown
Downtown Dubai is one of the most prestigious areas in Dubai and is known for its luxurious lifestyle, high-end properties, world-class amenities, and stunning views. It is a mixed-use development that features residential, commercial, and retail properties. The area is located in the heart of Dubai and is home to the iconic Burj Khalifa, the tallest building in the world, as well as the Dubai Mall, one of the largest shopping malls in the world.
The development of the area began in 2004 and was completed in 2010. It was designed to be the centerpiece of modern Dubai and to offer residents and visitors a luxurious lifestyle.
Buying Real Estate in the area
Pros: Downtown Dubai is one of the most prestigious and sought-after areas in Dubai, with a high potential for capital appreciation. It is also home to some of the most luxurious properties in Dubai and offers a high-quality lifestyle with world-class amenities and stunning views.
Cons: The prices of properties in Downtown Dubai are among the highest in Dubai, which may make it difficult for some buyers to afford. In addition, there is high competition among buyers, which can make it challenging to find the right property at the right price.
Statistics by district
Unit cost
Sales price
Unit cost
Sales price per sqft
About developer
IGO
Invest Group Overseas is a leading investment and property development company with an extensive portfolio of delivered premium properties. We are renowned for our unrivaled ability to identify and capitalize on business opportunities in developed and emerging markets, which has seen us become one of the top investment companies in the Middle East.
Our team of experts works tirelessly to source and develop projects that offer exceptional returns for our investors. In addition, we pride ourselves on our customer service and after-sales care, which has resulted in many happy clients who continue to invest with us time and time again.
Our forward-thinking approach has allowed us to achieve sustainable growth and create value for our investors. We are committed to excellence and delivering superior returns for our partners. Our success is rooted in our strong track record, sound strategy, and deep understanding of the markets we operate in.
Our team of experts works tirelessly to source and develop projects that offer exceptional returns for our investors. In addition, we pride ourselves on our customer service and after-sales care, which has resulted in many happy clients who continue to invest with us time and time again.
Our forward-thinking approach has allowed us to achieve sustainable growth and create value for our investors. We are committed to excellence and delivering superior returns for our partners. Our success is rooted in our strong track record, sound strategy, and deep understanding of the markets we operate in.
About building
About Society House
Society House is a new premium residential complex by the developer Invest Group Overseas. This luxurious 52-story tower is located in one of the central districts of Downtown Dubai, providing residents with maximum comfort.
This project offers a wide selection of properties that will be appreciated by the most discerning buyers: an exclusive collection of over 400 real estate units. Buyers can choose from studios and apartments with 1-3 bedrooms, ranging in size from 32 to 263 square meters.
The original architectural design emphasizes the premium nature of the residential complex: the structure resembles a formation of strict geometric figures symmetrically arranged. The exclusive architecture sets Society House apart and makes it a true gem of the district.
The vision with Society House Downtown was to create a purpose-finished HQ from which playmakers and jet- setters could enjoy their world. the building would be a reflection of their never-ending drive and would exist as a symbol in the world’s most dynamic city.
It would be a place where they could come to feel like they truly belonged, surrounded by like-minded individuals who valued the same pursuit. and so Society House Downtown
opened its doors.
This project offers a wide selection of properties that will be appreciated by the most discerning buyers: an exclusive collection of over 400 real estate units. Buyers can choose from studios and apartments with 1-3 bedrooms, ranging in size from 32 to 263 square meters.
The original architectural design emphasizes the premium nature of the residential complex: the structure resembles a formation of strict geometric figures symmetrically arranged. The exclusive architecture sets Society House apart and makes it a true gem of the district.
The vision with Society House Downtown was to create a purpose-finished HQ from which playmakers and jet- setters could enjoy their world. the building would be a reflection of their never-ending drive and would exist as a symbol in the world’s most dynamic city.
It would be a place where they could come to feel like they truly belonged, surrounded by like-minded individuals who valued the same pursuit. and so Society House Downtown
opened its doors.
Features / Amenities
Parking
Gym and fitness studio
A 25-meter infinity pool
Sports courts
Serviced business zone
Vertical landscape gardens
Children’s play areas
Private cinema
Panoramic promenade deck
Resident lounges
Apartment
Floor Plans
Studio / 377 sqft
$387,100
1 bedroom / 723 sqft — 996 sqft
$570,700 — $679,000
2 bedroom / 1161 sqft — 2548 sqft
$942,400 — $1,821,300
3 bedroom / 2845 sqft — 4455 sqft
$2,695,300 — $4,097,400
Penthouse / 14994 sqft
$14,287,300
Process of purchasing
Process of purchasing property
1
Step №1
We identify a suitable property that meets your needs and has promising potential for appreciation.
2
Step №2
We confirm the property's availability with the developer, keeping in mind that properties in Dubai can be snapped up quickly.
3
Step №3
Our team verifies the escrow accounts and the project card via the Dubai Land Department website.
4
Step №4
You place an Expression of Interest (refundable) or a Deposit (non-refundable) - 2-5% to provisionally reserve the property under your name. This deposit is paid into the developer's bank account.
5
Step №5
We complete and sign the Booking Form online.
6
Step №6
You transfer the remaining part of the initial payment (10-20%) within 1-2 weeks. This payment is also made to the developer's bank account.
7
Step №7
We handle the payment of the Dubai Land Department (DLD) fee, which amounts to 4% of the property value.
8
Step №8
You cover additional fees: the administration fee (580 AED) and OQOOD - temporary ownership certificate (2,100 AED for sale price below 500k - 4,200 AED for sale price above 500k).
9
Step №9
We sign the main Sales and Purchase Agreement (SPA) either remotely, at the developer's office, or via post. This typically occurs within 1-2 months.
Example of the agreement
Example of the agreement
10
Step №10
You continue with the remaining payments, which are made to the project's escrow account, until the handover or key collection.
11
Step №11
Upon completion of the full payment, you will receive the Title Deed - the ownership certificate (250 AED) and then proceed to take over the property and collect the keys.
Title Deed
Title Deed
Learn all the details about this project on the free zoom-consultation with our real estate advisor
As a result of the meeting, you'll receive:
Personalized investment strategy
Detailed Сash-on-cash calculation
Legal tax optimization options
Insights about mortgage and purchase process
Head
office:
Office 213, 2 Floor, MSM 1 Building, Al Safa 1, Dubai, UAE
© 2024 Masterpiece Group. All Rights Reserved
E-mail:
Phone:
License №1092965
P.O. Box:
454924
Real estate investment agency and management company with over 13 years of experience in the Dubai market
Office 213, 2 Floor,
MSM 1 Building, Al Safa 1,
Dubai, UAE
MSM 1 Building, Al Safa 1,
Dubai, UAE
