Green Park, JVT

Green Park, JVT

HIGHLIGHTS

About Green Park, JVT

As the name suggests, Green Park is a residential complex featuring apartments amidst rich green surroundings. It is situated in one of the most anticipated tower-dominated communities in Dubai, Jumeirah Village Triangle (JVT). The master development by Nakheel Properties has a range of villas and apartment blocks. Likewise, Green Park, also known as Green Park Residence or Green Park Residency, offers a mix of studio flats, 1-bed and 2-bedroom apartments. Here, each unit comes with a large balcony to maximise the views of landscaped areas in JVT, Dubai.

Green Park, Dubai is a complex of two low-rise apartment buildings. Each stands five floors above the ground. As in, there are four residential floors and a ground floor with a lobby in both the buildings. The Mediterranean styled apartments have access to a large central park, tennis courts and other communal facilities. Further, the development is in proximity to the main network of roads including SZR and Al Khail Road.

Launched in 2012, Green Park, JVT is developed by real estate leaders in Dubai, DAMAC Properties. The project was completed in 2015 offering apartments for rent and sale. As for the lifestyle and amenities, JVT apartments for rent are generally an ideal choice. Also, being in proximity to the main road, it is a good option for professionals who commute daily.

IN A NUTSHELL

  • A residential project in JVT, District 4
  • Two low-rise buildings with G+4 floors
  • Developed by DAMAC Properties
  • Mediterranean themed apartments

BUILDING DETAILS

Facilities in Green Park Residence, JVT

JVT is a green community situated along Sheikh Mohammed Bin Zayed Road. It boasts a collection of villas and apartments having access to basic lifestyle necessities including schools, shops, medical facilities and prayer areas. Here’s a brief view of facilities in Green Park Apartments.

parking spaces in green park residence
Street parking is available

Parking

Residents and visitors can use the free parking in Green Park Residence. One can find vacant spots in the front of the complex.

Elevators

High-speed elevators in Green Park provide access to all floors.

Security, Central Air-Conditioning and Maintenance Services 

The complex is gated and has round-the-clock security, CCTV surveillance and on-site maintenance. Waste is disposed-off every day by the cleaning staff.

Gym and Fitness Facilities 

There is a health club along with an indoor swimming pool, spa and sauna and gym in Green Park Residence.

Lifestyle Amenities

The building is surrounded by landscaped lawns, running tracks and lakes. There’s a lot of family recreational space.

Concierge and Guest Services 

Green Park has a lobby with a waiting area where visitors can wait. The lobby also has a 24-hour concierge and help desk.

Apartment Types in Green Park, JVT

Green Park Apartments come in various sizes, configurations and floor plans. Each flat has a spacious balcony overlooking the landscaped areas and lakes in JVT.

Studio Apartments in Green Park Residency

Studios in Green Park, JVT cover around 500 sq. ft. of an area. The floor plan includes a spacious living room, equipped kitchen, en-suite bathroom and a balcony.

1-Bedroom Apartments in Green Park Residency

1-bedroom flats in Green Park Residency, Jumeirah Village Triangle cover around 800 sq. ft. to 900 sq. ft. of an area. The floor plan includes a bedroom, lounge, open kitchen, bathroom and balcony.

2-Bedroom Apartments in Green Park Residency

2-bed flats in Green Park, Dubai have covered areas ranging from 1,746 sq. ft. to 2,279 sq. ft. The floor plan for these units consists of a spacious living area extending into a balcony, an open-concept kitchen with regular-use appliances, two bedrooms and en-suite bathrooms.

Most Popular Apartment Types in Green Park

  • Studio
  • 1-Bed
  • 2-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%

Based on searches conducted by users on Bayut.com over the past 6 months

As per the results, 2-bedroom apartments are most popular. 1-bed units in Green Park, JVT are also fairly popular and studios round up the list with the smallest share.

Rental Trends in Green Park Residence, JVT

The annual cost of Green Park apartments for rent falls in mid-ranges. If you’re on a budget and are looking for a reasonable space, consider renting studio flats in Green Park. The cost would be around AED 32k.

  • 1-bed flats range from AED 50k to AED 60k
  • 2-bed flats for rent in Green Park range from AED 80k to AED 85k

Generally, rents are calculated and paid on per annum basis. But some landlords offer flexible schedules too.

Sale Trends in Green Park Residence, JVT

Those looking to invest in JVT can buy apartments in Green Park. The cost won’t be too high but these properties are anticipated to be valuable due to the location and amenities.

Those looking to buy larger units can go for 2 BHK flats that cost around AED 600k. You can also compare the prices with other apartments for sale in JVT.

Rental Yield in Green Park Residence

  • Studio
  • 1-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%

Based on searches conducted by users on Bayut.com over the past 6 months

Studios generated the highest returns of 9.2% and 1-bedroom apartments generated 8.2% ROI.

Service Charges in Green Park

GENERAL FUND
PRICE PER SQ. FT. IN AED
GENERAL FUND
Services
PRICE PER SQ. FT. IN AED
2.64
GENERAL FUND
Maintenance
PRICE PER SQ. FT. IN AED
2.47
GENERAL FUND
Utilities
PRICE PER SQ. FT. IN AED
5.24
GENERAL FUND
Management
PRICE PER SQ. FT. IN AED
1.15
GENERAL FUND
Insurance
PRICE PER SQ. FT. IN AED
0.08
GENERAL FUND
Master Community
PRICE PER SQ. FT. IN AED
0.82
GENERAL FUND
Total
PRICE PER SQ. FT. IN AED
12.40
RESERVED FUND
PRICE PER SQ. FT. IN AED
RESERVED FUND
Reserved Fund
PRICE PER SQ. FT. IN AED
1.73
RESERVED FUND
Total
PRICE PER SQ. FT. IN AED
14.13
ADJUSTMENTS
PRICE PER SQ. FT. IN AED
ADJUSTMENTS
Adjustment
PRICE PER SQ. FT. IN AED
1.32
ADJUSTMENTS
Total
PRICE PER SQ. FT. IN AED
1.32
ADDITIONAL SERVICES
PRICE PER SQ. FT. IN AED
ADDITIONAL SERVICES
Additional Services
PRICE PER SQ. FT. IN AED
2.45
ADDITIONAL SERVICES
Total
PRICE PER SQ. FT. IN AED
2.45

These are the services charges for Green Park, Dubai* as per the Dubai Land Department. You can read more about Dubai service charges index if you are interested in buying a property in Dubai.

*Please note that these service charges are subject to changes.

NEARBY AMENITIES

Transportation near Green Park

JVT residents generally depend on private conveyance or taxis. Similarly, options for transportation near Green Park are limited at the moment. 

Bus Stations near Green Park Residency, Jumeirah Village Triangle

Centrium Tower 1 and 2, IMPZ are the nearest bus stops; one can access them in around 10 minutes. These stops are serviced by bus-F34 and J02. 

Metro Stations near Green Park, JVT

The nearest metro station would be DMCC at a 10-minute driving distance.

Restaurants near Green Park

There are a few casual eateries nearby and the closest options include:

  • Forni Pizza and Manakeesh
  • Al Pastor Cafeteria
  • Dine In Restaurant

Forni is a pizza house in Imperial Residence, 4 minutes from the complex. Second, for fast food options, you have Al Pastor Restaurant and Cafeteria. And Dine In Restaurant has a pleasant outdoor setting too. If you’re looking for some fine-dining restaurants near Green Park, you can go to City Centre Me’aisem. There you will find:

  • Paul
  • Leila
  • Gazebo
  • Chili’s

Reaching City Centre Me’aisem might take around 10 minutes by car.

Supermarkets near Green Park

These are some supermarkets near Green Park:

  • F Mart
  • Safestway Cafe and Supermarket
  • Cherry Grocery

All these options are within JVT, at a walking distance from Green Park Residency. Moreover, Triangle Supermarket is merely a short walk away.

NEARBY BUILDINGS

There are many residential projects near Green Park. The closest neighbours include Al Manara Tower, Plazzo Residence and Silver Stallion Towers.

Major Landmarks

Green Park is easy to locate from Sheikh Mohammed Bin Zayed Road, E311. Some landmarks near the project are:

  • City Centre Me’aisem
  • Dubai International Stadium

If you’re coming from Dubai Sports City, you will find Green Park at a 10-minute drive from Dubai International Stadium via E311. The project is across the main highway from City Centre Me’aisem. The shopping destination is also 10 minutes away from Green Park Apartments, JVT.

THINGS TO CONSIDER

Frequent travellers will find that options for public transport are limited. However, one can catch a few buses from the nearby stations or hail a taxi. Also, it is more convenient for those with private conveyance as heading to the main road takes only a few minutes and there are dedicated spaces for parking in Green Park.

Green Park Residency
The project is in proximity to the main roads
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