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The life of a real estate agency in UAE. Thoughts and observations about interesting objects, good and not so developers, about people with whom and for whom we work.

Affordable new projects through the eyes of Oleg Torbosov

Here are the latest photographs of the Westwood complex by developer Imtiaz, taken by Oleg Torbosov during a recent walk in the Al Furjan district. There are still many vacant lots between the completed buildings, meaning there will surely be new construction under your windows. Despite this, Westwood is often chosen by those seeking low rental prices who also appreciate aesthetics.

The designer lobby, with its high ceilings and rich decor, features extensive wood finishes and looks stylish. The club amenities include a compact gym and two small swimming pools – classic but functional.

What could be bought at the launch:

Studios, 40 m² – from $120,000;

One-bedroom apartments, 75 m² – from $200,000.

As for the furniture and apartment finishes, it's a matter of taste, of course, but everything looks more than decent. Kitchens are equipped with Bosch appliances, pleasant tiles cover the floors, rooms have high ceilings, and panoramic windows feature black frames.

During the construction period, prices increased by 30%. In January-February 2024 alone, 22 completed apartments were sold here. But the most interesting aspect is the ROI from renting out these properties. The yield figures are above average.

During his walk in the Westwood courtyard, a fan recognized Oleg and asked for a photo. It turned out he was renting a studio in the building for $2,000 a month. Even at the current purchase price, the ROI is over 7%. This profitability is due to the high rental rate: people are willing to pay more for a stylish and convenient home.

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