Victoria Residence
About the project
(sq. ft.)
Victoria Residence is located in the Al Furjan area of the Jebel Ali District. The project was developed by CPL Real Estate Development in partnership with architectural consultant B&A Engineering Consultant. The 12-storey complex was fully completed in 2018 and consists of 104 residential units.
Properties include one- to three-bedroom apartments ranging in size from 816 sq. ft. (76 sq. m) to 4,014 sq. ft. (373 sq. m). Apartments are equipped with climate controls, ventilation, and water and electricity management systems. Panoramic windows with glazing maximises natural light while offering beautiful views of the surrounding area.
Victoria Residence provides a variety of amenities, including:
- Swimming pools for adults and children
- Separate gyms for men and women
- Four high-speed lifts
- Covered car parking
- Charging stations for electric vehicles
- Nearby public transportation
Properties range in price from AED 650,000 (USD 177,000) to AED 3,670,000 (USD 999,000).
*The price is valid for 2021
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Location
Victoria Residence is located on Gardens Boulevard in the vibrant area of Al Furjan in Dubai. There is a bus stop situated within a two-minute walk of the complex, and the Al Furjan Metro Station 1 can be reached within a 10-minute walk.
The area offers several stores, restaurants, and essential service providers. Al Nasr Al Zahabe Gents Saloon and Katia and Bony Clothing Shop are situated within a five-minute walk of the apartments. New W Mart Supermarket, Pinpoint Fitness Centre, Al Furjan Club, and the Pavilion can be reached within a 10-minute walk. The Pavilion features a selection of restaurants, such as Chicken On Fire and Bikanervala, as well as a pharmacy, beauty salons, and a children’s entertainment centre.
Residents can take advantage of local nurseries and schools. Jebel Ali Village Nursery is situated within a 15-minute walk of the residences. The Arbor School can be reached within a 10-minute drive, and Dubai Knowledge Park is located within a 15-minute drive.
For medical services, Advanced Care Oncology Centre is located within five minutes of the apartments, and Aster Cedars Hospital can be reached in 10 minutes.
Victoria Residence is also situated within a short drive of many popular destinations, including:
- Ibn Battuta Mall – 10 minutes
- City Centre Me’aisem – 15 minutes
- The Walk at Dubai Marina – 15 minutes
- Bluewaters Island – 15 minutes
- JBR Beach – 15 minutes
- EXPO 2020 – 15 minutes
- Downtown Dubai and DIFC – 30 minutes
- Dubai International Airport – 40 minutes
Payback
Victoria Residence offers apartments that are ideal for individuals, couples, and families with children. It is also a convenient place to live for professionals working in the area.
Many tenants choose this part of Dubai for longer stays since it has a well-developed infrastructure and is located near the coast. Investors can expect a high return on investment. The return rates for properties in Al Furjan can reach up to 6.73%. The annual rental rate for an apartment at Victoria Residence ranges from AED 70,000 (USD 19,000) to AED 80,000 (USD 22,000), not including maintenance fees and taxes.
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6111
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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