John Richmond Residences | Branded Apartments in Al Furjan, Dubai
Off-planApartmentBy Mira Developments
John Richmond Residences
📍 Al Furjan (Jabal Ali district), Dubai, Dubai
Starting Price890,000 AEDPayment Plan: 45/5/50
5-Year Projected ROI53.08%Combined Net Rent + Appreciation
Est. Rental Yield7.2%Handover: 30/06/2027
📊 5-Year Financial & Cash-Flow Projection
Data-Backed Model
Gross Rental Income
400,000 AED
Net Rent (After Service Fees)
330,000 AED
Est. Capital Appreciation (16%)
142,400 AED
Est. Annual Rent
80,000 AED
Total Estimated 5-Year Net Profit
Net Rental Cashflow + Capital Gain
472,400 AED
🏢 Project Fundamentals & Financial Inputs
Key Specs
Master Developer
Mira Developments
Property Type
Apartment
Construction Status
Off-plan
Estimated Handover
30/06/2027
Payment Structure
45/5/50
Starting Price
890,000 AED
Estimated Annual Rent
80,000 AED
Annual Service Charges
14,000 AED
Annual Rental Yield
7.2%
5-Year Capital Appreciation
16%
Holding Horizon
5 Years
💡 Why Invest in John Richmond Residences?
The combination of a globally recognized fashion brand and a 3-year post-handover payment plan is exceptionally rare in the current Dubai market. Investors only need to deploy 50% of the capital by handover in 2027. Once handed over, the high-end branded unit can be placed on the rental market, effectively using the tenant’s rent to fund the remaining 50% of the property cost over the following three years.
✨ Key Highlights
A highly unique fashion-branded development born from a partnership with the iconic British designer John Richmond and architect Marco Casamonti. The fully furnished apartments feature bespoke, fashion-forward interiors, curated materials, and smart-home technology, positioned to stand out in the Al Furjan market.
📍 Location & Nearby Amenities
Residents will have access to a resort-style indoor and outdoor swimming pool, kids’ splash zone, steam room, massage room, fully equipped gymnasium, rooftop jogging tracks, landscaped promenades, and on-site dining.
These estimates are indicative and modeled on developer-supplied baselines and historical transaction comps from Property Finder, Bayut, and DLD records. Brokers seeking access to our full B2B portal can explore Subscription Plans.
Calculation Parameters: Net rental yield accounts for annual service charges. Five-year total profit combines 5-year cumulative net rent with projected 5-year capital appreciation on the starting purchase price.
Purchase price: starting price used in the calculation (developer listing).
Gross rental income: estimated annual rental, based on recent local listings and market averages.
Net rental yield: gross rent minus estimated vacancy and operating costs, as applied in the formula.
Capital growth: assumed annual appreciation used to project 5‑year capital gain.
Holding period: 5 years (projections apply over a 5‑year horizon).
Assumptions and fees: agent fees, registration, service charges and taxes are excluded unless specified.
These estimates are indicative and based on developer-supplied information and local rental data. Market conditions, location and developer performance can change over time. Check primary sources and review any financing terms before making investment decisions.
