Preview experience Sample projects. No real money.
3iqarna.BUILDING TOGETHER
All projects

Mar Mikhaël, Beirut

Mar Mikhaël Residences

A new chapter in one of Beirut’s most characterful neighborhoods.

Open for demo investments
Concept of a limestone apartment building with planted balconies in Beirut
Illustrative architectural concept · Sample project
18Residences
2,160 m²Built area
6Floors
24 monthsTarget term

THE OPPORTUNITY

A closer look.

An illustrative collection of 18 thoughtfully planned residences, bringing generous balconies, natural light, and contemporary design to an established urban neighborhood. The sample strategy is to finance construction and sell completed homes.

Private balconiesRooftop gardenSolar-ready infrastructureUnderground parking

WHERE THE MONEY GOES

The project budget.

An illustrative all-in budget. The sample funding target covers the entire project, including the reserve.

Land & acquisition$300,000
Construction & finishes$660,000
Design, permits & professional fees$84,000
Sales, taxes & administration$60,000
Contingency reserve$96,000
Total project budget$1,200,000

FROM FOUNDATION TO FINISH

The path to completion.

A sample schedule measured from the funding close. Construction and sales can take longer than planned.

  1. 01
    Months 1–3

    Project preparation

    Land and title checks, planning approvals, contracts, and the final construction budget.

  2. 02
    Months 4–11

    Structure & foundations

    Site preparation, foundations, and the building’s structural frame.

  3. 03
    Months 12–19

    Finishes & services

    Interiors, facade, building services, and common areas.

  4. 04
    Months 20–24

    Sales & distributions

    Handover, property sales, settlement of project costs, and any investor distributions.

UNDERSTAND YOUR INVESTMENT

Clear terms. Informed decisions.

Project-specific participation

The proposed model uses a separate company for each project. Actual ownership and decision rights will be defined in signed investment documents.

Independent progress checks

The intended approach releases funds against independently checked construction milestones and a current cost-to-complete budget.

A share of realized profits

This illustration allocates 20% of positive project profit to 3iqarna. The displayed net return is after this fee and assumed project costs, before personal taxes.

Returns take time

Distributions depend on available cash after sales and project obligations. There are no guaranteed returns or on-demand withdrawals.

Consider the downside

Construction delays, cost overruns, weak sales, and developer failure can reduce returns or cause loss of some or all capital. This prototype does not verify a developer, legal structure, title, permit, or funding commitment.

Explore the other projects