Investment Strategy - Flip on Handover

California Residences — This 2BR Flip Strategy
Unit: 1,154 sqft | Purchase: AED 1,526,742
Entry Price: ~AED 1,322/sqft
Payment Plan: 40% during construction + 60% on handover
Handover: Q4 2028

Target Exit: AED 1,700/sqft
Estimated value:
1,154 × AED 1,700 = AED 1,961,800

Potential gross profit:
AED 1,961,800 − AED 1,526,742 = AED 435,058

Capital paid before handover: ~AED 610,697

Investment Thesis
You enter at ~AED 1,322/sqft, while surrounding/new communities are already commanding AED 1,600+/sqft. If California Residences reaches AED 1,700/sqft by Q4 2028, the unit could generate approximately AED 435K gross capital appreciation.

Strategy: Buy → build equity → resell before/on handover at a premium.