MAGNUM ESTATE presented its latest project to investors in Dubai
On December 9th, MAGNUM ESTATE, the real estate development company, unveiled its flagship project, Magnum Residence Berawa, at the prestigious Capital Club in Dubai. This marked the developer’s inaugural presentation to Arab investors, and the project stirred considerable interest, leading to the successful conclusion of several agreements during the event.
Andrew Senkovs, a partner at the company and Head of International Development, shared his thoughts:
“Investors in the UAE have a keen understanding of real estate trends and returns. We’re delighted that the presentation of MAGNUM ESTATE projects sparked considerable interest among Capital Club guests. We focus on designing and constructing high-yield properties in the prime locations of the island, not just following architectural trends but actively shaping them.”
About Magnum Residence Berawa
This four-story apartment complex is unparalleled not only in Bali but worldwide, boasting the world’s longest rooftop pool at 190 meters and a multifunctional rooftop space with a lounge bar and chill-out zone.
Spanning 5,000 m2, the complex’s facilities include a fitness center, a restaurant with fusion cuisine, coworking spaces, and relaxation areas. Unit sizes start at 80 m2. The apartments are elegantly designed in a style where luxury meets minimalism, they also come fully furnished with integrated smart home systems. Residents will enjoy a comprehensive range of premium hotel services offered by the management company.
The projected yield is 12%, with an occupancy rate exceeding 80%.
About the Location – Canggu
Canggu, nestled along Bali’s west coast, is a hotspot for both tourists and expats. Over the past decade, it has evolved into a thriving community with all the essential amenities for both living and working, yet it retains its cosmopolitan and serene vibe.
Magnum Residence Berawa enjoys a prime location, within walking distance of the best beaches, top-notch surfing spots, shopping galleries, and a diverse array of restaurants and cafes. Development in Canggu is meticulously planned, and with limited available land, property and land prices are notably higher compared to neighboring areas.