Whitewill Blog

This highly private apartment on the ground floor offers the seclusion of lush greenery on the terrace. You’ll feel as though you’re living in a verdant landscape park, enjoying breakfast in the shade of palm leaves each morning.

Dine surrounded by nature

The apartment's windows open to a private park. The 40 sqm terrace features a stylish dining area for six, a lounge with a large daybed, a meditation cocoon, and a bar counter perfect for morning coffee. To enhance privacy, large trees and shrubs have been planted along the perimeter.

Savor the designer renovation

The corner living room offers panoramic views of palm trees, making it feel like a countryside villa. The bright kitchen is complemented by a dark oak shelving unit and a natural marble dining table. All appliances and furniture are brand new.

There is also a staff block with a separate entrance, shower, and bathroom, which can be converted into an office or a nanny’s room if desired.

Price

$2,530,000

First, let’s reestablish the overall context – the Central Bank raised the key interest rate to 18%. Market mortgage rates have increased to 22%, project financing to 20%, and deposits to 19%. Many are asking, «What should we do in this situation?» while others have yet to return from their vacations.

Meanwhile, Whitewill continues its work. In July, we closed 132 deals amounting to 8.8 billion rubles:

- 60% in Moscow;

- 30% in Dubai and Abu Dhabi;

- 10% in London and Miami.

This is not the result we are accustomed to, nor are you. However, it is not yet critical. Various factors are currently influencing the market. We remain focused on our clients, deals, and numbers.

The most interesting part is yet to come.

Rate the latest photos of Oleg Torbosov's new apartment, which has recently been renovated. Its main feature is a terrace surrounded by greenery with a dining area, where it will be nice to have breakfast in the morning or gather with friends for evening gatherings. The terrace is also complemented by a breakfast bar, an outdoor bed and a lounge area.

Everything in the apartment is brand new, including household appliances, finishing and premium plumbing. No one has lived here since the renovation: the apartment was not rented out.

In short, the main points:

2 bedrooms, 150 m²;

40-meter terrace;

servants' block with separate entrance;

3 bathrooms;

parking space is included in the price.

Price:

$2,500,000.

Here are fresh photos of the Vida Residences complex, taken by Oleg Torbosov during a recent walk through Dubai Marina. A friend of his, who lives there, suggested he explore the project for future flipping investments. Although Oleg declined the idea, he still decided to study the Vida tower by the canal in detail. The project was completed in 2023 – brand new.

The interiors of the common areas were designed by VIDA hotel designers, creating cozy lounges, corridors, and a lobby in warm beige tones. There's an abundance of wood and stylish decor. The DMCC metro is just 100 meters away. Right by the building, there's a private yacht club. Residents also have access to a cozy gym and a swimming pool with a bar on the 12th floor, overlooking the marina.

In the past year, 80 apartments were sold on the secondary market. Sales started in 2018. Back then, prices were:

One-bedroom – from $270,000;

Two-bedroom – from $450,000;

Three-bedroom – from $830,000.

In seven years, prices for one- and two-bedroom units have doubled. Prices for three-bedroom units have increased by 70%. Early investors in the project have already earned 20% annual returns in dollars. Current rental yields are:

$50,000 per year – for a one-bedroom unit;

$65,000 per year – for a two-bedroom unit;

$95,000 per year – for a three-bedroom unit.

The most profitable units in the project turned out to be the one-bedrooms. When rented out, the ROI reaches up to 13% for those who bought at the construction stage, or up to 6% for those buying now.