HIGHLIGHTS
ABOUT DUBAI RESIDENCE COMPLEX
Dubailand, a mega-development sprawled across 3 billion sq. ft. has an exceptional portfolio of influential real estate neighbourhoods in the emirate. Among the upcoming locations, Dubai Residence Complex is a relatively new neighbourhood in the vibrant vicinity of Dubailand.
A potential haven for modern families, Dubai Residence Complex is strategically positioned along the Dubai – Al Ain Road (E66) and Emirates Road (E611). These highways give access to many key areas in the emirate. By taking E66, one can reach business districts such as Downtown, Dubai World Trade Centre, DIFC and Business Bay. Whereas, the western side of the Emirates Road leads to newer areas such as Mudon and Arabian Ranches. Further towards the east, the road takes to Al Khawaneej and Al Warsan.
IN A NUTSHELL
- A part of Dubailand – a mega real estate project in Dubai
- Offers a mix of luxurious freehold and rental apartments
- Evolving into a self-contained neighbourhood
- Neighbours The Villa – another popular community in Dubailand
- Near a major educational development called Academic City
NEIGHBOURHOOD
COMMUNITY OVERVIEW
Dubai Residence Complex in Dubailand is a combination of commercial and residential projects accompanied by large open spaces and various facilities. The master plan includes parks, libraries, mosques, hotels, a police station, a post office, educational institutes, medical facilities, a daycare centre, a local plaza and community shopping centres. Seen as a profitable freehold area, many private developers are considering investing in the community to develop new projects.
PROPERTIES IN DUBAI RESIDENCE COMPLEX
Dubai Residence Complex is one of the few areas featuring properties for rent as well as for sale. Mostly available in Desert Sun, V Tower and Durar A, properties for sale in Dubai Residence Complex include residential buildings, mixed-use land plots and apartments such as studios, 1-bed and 2-bed units.
Located close to Emirates Road, the residential complex of 4Direction Residence 1 is a luxury mid-rise building standing 10 floors above ground. The project offers 137 units including 20 studios, 77 units of 1-bed flats and 39 2-bedroom apartments. The covered living space of apartments ranges between 610 sq. ft. to 2,100 sq. ft. Most importantly, the floor plan for each includes a balcony allowing ample outdoor space to unwind. The building also has two basement floors with ample parking space for 184 cars. Also, there is a temperature-controlled rooftop swimming pool, outdoor recreation facilities and a fully-equipped gymnasium within 4Direction Residence 1.
Further, standing at a height of 41 metres, the mixed-use complex of Desert Sun Tower is a 10-floor building. It has 3 basement levels and the ground floor is dedicated to retail outlets. Desert Sun Tower also offers top-class amenities such as a lobby, gym, sauna, Jacuzzi, swimming pool, rooftop garden and a recreational room.
Solitaire Cascades is also a 9-storey residential building. With a total area of 88,000 sq. ft., the project features around 66 apartments, inclusive of 1, 2 and 3-bed units, and 3 retail units.
RENTAL TRENDS IN DUBAI RESIDENCE COMPLEX
Apartment Type | Average Rental Price in AED |
---|---|
Apartment Type Studio | Average Rental Price in AED 24,000 |
Apartment Type 1-Bed | Average Rental Price in AED 33,000 |
Apartment Type 2-Bed | Average Rental Price in AED 48,000 |
Apartment Type 3-Bed | Average Rental Price in AED 73,000 |
- 2 BEDS
- |
- 2 BATHS
- |
- 1088 SQFT
- 3 BEDS
- |
- 3 BATHS
- |
- 1599 SQFT
With affordable housing options and a quality lifestyle, Dubai Residence Complex is a popular area for rental apartments. These are distributed amongst major projects such as Sondos Lilac, 4Direction Residence 1, The Gate Residence 1, Durar A and many others.
In the last 12 months, 8,013 rent transactions for apartments in Dubai Residence Complex were recorded, amounting to AED 335.4M.
You can find a rental studio in Dubai Residence Complex with an area of 541 sq. ft., for an annual price as low as AED 16k. If you want to rent a slightly bigger unit such as a 1-bed flats in Dubai Residence Complex, it will cost you around AED 23k, approximately. Whereas, 2BH flats for rent in Dubai Residence Complex can cost anywhere between AED 30k and AED 52k per annum.
Those interested in renting even more spacious units can opt for 3-bed apartments in Dubai Residence Complex ranging from 1,496 sq. ft. to 2,000 sq. ft. with annual prices starting from AED 63k. On average, you’ll be paying around AED 73k, annually.
For commercial properties, there are offices, retail shops and a few labour camps. The shell and core offices are available in Ajmal Sarah Tower. These offices in Dubai Residence Complex can cost between AED 42k and AED 84k per annum. In the last 12 months, rent transactions for offices in Dubai Residence Complex amount to AED 4.3M.
Moreover, there are plenty of shops in Dubai Residence Complex going on rent for AED 65k to AED 650k per annum depending on the total built-up area. You may get to choose between 675 sq. ft. to 10,000 sq. ft. commercial units. Historical transactions for shops in Dubai Residence Complex cost AED 20.2M.
SALES TRENDS IN DUBAI RESIDENCE COMPLEX
Apartment Type | Average Rental Price in AED |
---|---|
Apartment Type Studio | Average Rental Price in AED 387,000 |
Apartment Type 1-Bed | Average Rental Price in AED 524,000 |
Apartment Type 2-Bed | Average Rental Price in AED 919,000 |
Apartment Type 3-Bed | Average Rental Price in AED 1,140,000 |
- 2 BEDS
- |
- 2 BATHS
- |
- 1286 SQFT
- STUDIO
- |
- 1 BATH
- |
- 441 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1089 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1285 SQFT
In the last 12 months, 2,163 sale transactions for apartments in Dubai Residence Complex were recorded, amounting to AED 1.4B.
Apartments can be purchased between the price range of AED 250k and AED 1.34M. Ranging between 374 sq. ft. and 1,262 sq. ft., these flats are known to have high occupancy rates, giving investors high rental yields and a significant return on investment (ROI).
The price range for freehold studios is between AED 230k and AED 399k, whereas, you can buy 1-bed flats in Residence Complex for under AED 524k. Likewise, the sales price 2-bedroom apartments in Dubai Residence Complex starts from AED 450k and may go up to AED 950k. The spacious 3-bed flats for sale in Dubai Residence Complex are priced between AED 1.1M and AED 1.2M.
ROI IN DUBAI RESIDENCE COMPLEX
Apartment Type | ROI |
---|---|
Apartment Type Studio | ROI 6.3% |
Apartment Type 1-Bed | ROI 6.2% |
Apartment Type 2-Bed | ROI 4.9% |
Apartment Type 3-Bed | ROI 6.1% |
The highest ROI for apartments in Dubai Residence Complex is 6.3% for studio units. The 1-bed and 3-bed flats follow with returns of 6.2% and 6.1%, respectively. Investing in 2-bedroom flats may get you a 4.9% rental yield.
Some investors prefer vacant plots. Currently available for areas spanning between 34,770 sq. ft. to 84,970 sq. ft., the plots for sale in Dubai Residence Complex start from AED 7.65M.
MOST POPULAR BUILDINGS IN DUBAI RESIDENCE COMPLEX
According to Bayut’s statistics, Munira Residence is the most popular for renting properties. It is a 12-storey residential building with studios, 1-bed and 2-bed units. The annual prices for apartments for rent in Munira Residence range from AED 29k to AED 33k. Next, Nuaimi Residence is the second most popular building on the list. The yearly price range of 1 and 2-bed rental apartments in Nuaimi Residence start from AED 27k.
Standing at a height of 41 metres, the mixed-use complex of Desert Sun Tower grabs the third place on the list. The apartments for rent in Desert Sun range between AED 19k and AED 37k per annum. Those willing to buy apartments in Desert Sun can expect to shell out around AED 365k to AED 385k.
DUBAI RESIDENCE COMPLEX FLOOR PLANS
Those looking for floor plans can browse through the Dubai Residence Complex floor plans available for various buildings.
HOTELS IN DUBAI RESIDENCE COMPLEX
A few established hotel projects and lodgings include Abidos Hotel Apartments and student housing complexes for the nearby universities.
Abidos Hotel Apartments offers the ultimate elegant living in Dubai. With premium facilities such as well-equipped gymnasium, sauna, steam rooms and rooftop swimming pool with pool deck, these hotel apartments are perfect for a vacation and business trip.
The hotel building has 16 floors, the ground floor and two basements. It features 132 spacious apartments offering a choice of 1 to 3-bedroom units. As far as the dining facilities are concerned, there are MnM Café located in the hotel lobby, MnM restaurant on the top floor and MnM Lounge next to the pool.
TRANSPORTATION AND PARKING SPACES IN DUBAI RESIDENCE COMPLEX
Dubai Residence Complex in Dubailand has ideal road links. With highways such as Emirates Road (E611) that runs along its southern border, Dubai – Al Ain Road (E66) on the east and Sheikh Mohammed Bin Zayed Road (E311) on the north, Dubai Residence Complex is at a practical distance from most areas of the city.
Parking spaces in Dubai Residence Complex apartments are mostly distributed across the ground floors and/or basement levels of the apartment buildings. There are several open parking facilities for visitors within the development.
PUBLIC TRANSPORTATION IN DUBAI RESIDENCE COMPLEX
There are a few bus stops located near Skycourts Tower that services the neighbourhood. The RTA Bus 30 is the route providing public transportation near Dubai Residence Complex. It connects to the Burj Khalifa/Dubai Mall Metro Station. Taxi services are another option that the commuters can consider.
AMENITIES, SCHOOLS AND HEALTHCARE
SUPERMARKETS IN DUBAI RESIDENCE COMPLEX
Residents can easily get their grocery needs fulfilled as quite a few supermarkets have already sprung up in the complex. Some of these supermarkets in Dubai Residence Complex include Shua Al Madina Supermarket in the Durar 1 building, West Zone Fresh Supermarket in Desert Sun Tower, KeyPee Market in Abidos Hotel Apartments complex and the EMC Mini Mart in the Solitaire Cascades Dubai Residence Complex.
CHURCHES, TEMPLES AND MOSQUES NEAR DUBAI RESIDENCE COMPLEX
Churches near Dubai Residence Complex include City Hill Global Church, 8 minutes away and Casa de Oración Torre Fuerte that is a 23-minute drive from Al Barsha.
The Hindu temples in Bur Dubai are a 30-minute drive away, here worshippers will find the Shiva Temple, Shree Krishna Haveli and ShrinathJi Temple. Sikh residents can visit the Automech Gurudwara, which is a 16-minute drive away in the Ras Al Khor Industrial Area.
A few community mosques in Dubai Residence Complex will soon take shape. Meanwhile, Muslim residents can rely on the new masjid that is built near the developments of The Villa and Dubai Residence Complex location. Other nearby mosques include the Masjid A’aishah Umm Al-Mu’mineen mosque in The Villa development, Al Wasl Mosque in Liwan and Al Waha Masjid in Dubai Silicon Oasis (DSO).
SCHOOLS IN DUBAI RESIDENCE COMPLEX
The Aquila School is one of the most reputable schools that opened its gate in Dubailand, opposite Desert Sun Tower. Following the British curriculum, this school offers education to children in areas of science, math, technology, engineering as well as arts.
Other educational institutes that are operational include Chubby Cheeks Nursery and Hazem Kindergarten.
Parents have a lot more choices when it comes to their children’s education, such as GEMS FirstPoint School in The Villa, which is the neighbouring community to the area. There are also several other academic institutes in Academic City.
Facing Dubai Residence Complex in Dubailand, the development of Academic City is an educational hub with of the best internationally-recognized and accredited institutes. A few of these include the German International School Dubai, Dubai English Speaking Private College and Lycee Francais International Georges Pompidou School.
Dubai International Academic City (DIAC), is home to some of the best universities in the country. Zayed University offers UAE government-sponsored higher studies and has international accreditation as well. There is also Hamdan Bin Mohammed Smart University (HBMSU), Dubai Men’s College, Al Ghurair University and more.
CLINICS AND HOSPITALS IN DUBAI RESIDENCE COMPLEX
A branch of Medicentres Polyclinics called Ace Medical Centres is based in Skycourts Tower. Two Feet Four Paws Vets, a health care facility for pets, is located in Durar 1. Clinics and hospitals near Dubai Residence Complex include Dubai London Clinic and Specialty Hospital, situated in The Villa community.
Otherwise, the nearest hospital is the Mediclinic Parkview Hospital on Umm Suqeim Street, 20 minutes away. It is one of the best hospitals in Al Barsha offering a wide range of health packages and an online appointment facility. There is also King’s College Hospital London in Dubai Hills Estate, 24 minutes away.
NEARBY AREAS
Spread across 7.2 sq. km., the gigantic development of Dubai Silicon Oasis has the Dubai – Al Ain Road on one side. Also offering 100% freehold properties, Dubai Silicon Oasis is one of the newest business hubs of the city that boasts a phenomenal high-tech ecosystem.
Neighbouring the community from the south-west, the massive residential project of The Villa is home to a beautiful collection of Spanish-style homes in four distinctive areas called:
The community also neighbours rustic yet prominent developments on the outskirts of Dubai such as Al Khawaneej and Al Warsan.
LIFESTYLE
SHOPPING, DINING AND NIGHTLIFE
MALLS NEAR DUBAI RESIDENCE COMPLEX
Housing over 200 retail outlets, Dubai Outlet Mall is accessible in about 15 minutes. Known to be one of the best discount shopping malls in Dubai, the shopping complex also offers a great choice of eateries in its food court and a family entertainment centre called Chuck E. Cheese’s. The entertainment centre includes a bowling alley, an ice rink and many more games and rides.
If one would like to buy products from top brands such as Guess, Diesel, Calvin Klein, Burberry and Vero Moda at considerably affordable prices, Dubai Outlet Mall is the best place to go to.
It’s also where you will find renowned brands that deal in sportswear and sporting goods such as Adidas, Nike, Timberland, Reebok and Middle East’s largest sports retailer called Sun and Sand Sports. There are also upmarket stores such as Moschino, Jimmy Choo and Stella McCartney that offer designer wear at hefty discounts.
RESTAURANTS IN DUBAI RESIDENCE COMPLEX
Several eateries have made their way into the development. Restaurants in Dubai Residence Complex include 800 Pizza, Four Square Cafe & Restaurant and Eat & Drink Restaurant. But being close to many vibrant communities, occupants get to enjoy an abundance of dining options only a short drive away.
Pudumadam Indian Restaurant, Kabila Restaurant, AlFatayir AlDumashqia and Green Hills Restaurant are a few of the eateries based in Skycourts Towers.
If you take the driving route towards Al Ain in the southeast direction, you will come across many delectable options in Dubai Outlet Mall. one of the popular options here is the upscale bakery Ladurée, that offers exquisite flavours of French macarons and many more snacks.
Cold Stone Creamery, Baskin Robins and Gelatomio are available for ice cream and frozen desserts. Panda Chinese and Chowking offer true oriental flavours. Dolma House is perfect for Turkish and Russian cuisine. For Middle Eastern cuisine, you can go to either Hatam or Noon and Kabab.
BEACHES NEAR DUBAI RESIDENCE COMPLEX
In usual traffic, one can reach Jumeirah Beach near Dubai Residence Complex, by car in about 24 minutes. All you have to do is drive straight on the Dubai – Al Ain route.
LEISURE ACTIVITIES AND NOTABLE LANDMARKS
Established close to Emirates Road and the Dubai – Al Ain Road intersection, there are many equestrian clubs and stables for people with an interest in horse riding. These clubs include Al Hamra Equestrian LLC, Hobbies Club, Al Ruwayyah Stable Riding School and Livery and Elite Rangers Jumping and Racing Stable.
Encompassing four lush green polo fields, Al Habtoor Polo Resort has many recreational offerings such as archery, multi-purpose tennis courts, snooker, board games, and a mini-golf facility, apart from the equestrian games. It is one of the best places for playing polo in Dubai. It is ideally located on Emirates Road, just a 7-minute drive away.
OUTDOOR ACTIVITIES, FITNESS AND BEAUTY
Once completed, Dubai Residence Complex location will have many landscaped green areas such as district parks, community parks and neighbourhood parks. The district parks will be much larger and will be located on either side of the central road. Community parks are centrally located gardens, accessible to all residents. Neighbourhood parks are smaller green areas, serving the off-central residential clusters.
People enthusiastic about staying fit need not worry as most of the projects have their own gym facilities.
There are a few salons in Dubai Residence Complex, a couple of which cater to men as well. These include 1981 Gents Salon and Olive Gents Salon. Ladies can get themselves pampered at Fabulicious Ladies Salon, Las Meninas Salon, Lorita Beauty Centre or Artisa Women Beauty Salon.
THINGS TO CONSIDER
One of the major factors to consider before settling in a project is the availability of basic amenities. As discussed earlier, a small number of these facilities such as schools, clinics, and salons have already opened up in Dubai Residence Complex but a lot more are underway.
LOCATION
- Lies next to The Villa project
- A short drive from World Trade Centre
- Opposite Academic City and Dubai Silicon Oasis
- Downtown Dubai and Sheikh Zayed Road are a 15-minute drive away
- Dubai International Airport is at an approximate distance of 25 km