Rising above the dynamic area of Business Bay, Residence 110 is a ready-to-move-in 20-storey development by Select Group. There are stylish 1–3 bedroom apartments available for acquisition, as well as an exclusive penthouse studio on the 19th floor. The size of the properties range from 1,018 sq. ft to 2,990 sq. ft, providing sufficient space for comfortable living. In total, there are 110 residential units in the premium complex.
For the utmost convenience of occupants, the apartments will be complemented with fully-equipped kitchens with premium white goods, large floor-to-ceiling windows, built-in wardrobes, a laundry cabinet and prime glazing. You will be able to enjoy a beautiful view of either the iconic Burj Al Arab, the Godolphin horse racing stables or the residential swimming pool from the comfort of your own home.
As well as that, you will be treated to unrestricted access to a 24/7 gym, an outdoor swimming pool with sun loungers and changing rooms on the ground floor. Fitness lovers will appreciate the Meydan cycling circuit which is located close by, and is where you can take in the gorgeous Dubai skyline panorama.
The initial cost for a 1-bedroom apartment in Residence 110 is AED 1,818,000 (USD 495,000).
You can become the proud owner of the only penthouse studio in the upscale development by Select Group for AED 2,839,000 (USD 773,000).
Back in 2022, Select Group presented Peninsula Four The Plaza as the final phase of its Peninsula mega-community in Business Bay. The development offers a collection of prime waterfront studios, apartments, penthouses and duplex lofts.
*The price is valid for 2023
Residence 110 is located alongside Asayel St in Business Bay, and its convenient location ensures hassle-free commutes around the rest of Dubai. About a 25-minute walk away, there are the Avanti Tower and Capital Golden Tower bus stations, which are perfect for those who prefer to move around by public transport. It will take a maximum of 20 minutes’ by car to reach Dubai International Financial Center (DIFC), Za’abeel and Dubai International Airport, providing there is no traffic.
Within the immediate vicinity of Residence 110, there are the following facilities:
Within less than a 15-minute drive you can get to an array of medical and academic institutions, which include, but are not limited to Blossom Business Bay Nursery, Learning Tree Nursery, Emirates Hospital Clinics – Business Bay and Aster Clinic Business Bay.
Construction of Residence 110 was successfully completed in Q4 2019, which means you can move in as soon as you acquire a property here. The development provides you with the opportunity to live in the heart of the thriving commercial community, with easy access to offices to rent and state-of-the-art business facilities. It is also worth considering leasing your property, as the minimum gross ROI for 1-bedroom apartments in Business Bay is 6.4%. The initial rental cost for this type of property in this area is AED 55,000 (USD 15,000) per year.
*The price is valid for 2023
Another perk of property ownership in Residence 110 is the eligibility for a long-term residency visa. If you decide to invest at least AED 750,000 (USD 205,000), you can obtain a 3-year investor visa, whilst real estate worth a minimum of AED 2,000,000 (USD 545,000) provides you with a 10-year Golden Visa. You can apply for this type of visa straight after the property acquisition so you can enjoy all the perks of long-term residency in the UAE, since the residential complex is complete.
*The price is valid for 2023
The developer of Residence 110 is Select Group.
Residence 110 is conveniently located along Asayel Street in Business Bay.
There are 1–3 bedroom apartments and a penthouse studio available.
Residence 110 was successfully completed in late 2019, which means it is ready for occupancy.
Select Group offers a 10/90 payment plan, where you will need to pay 10% upon booking and 90% within 14 days of reservation.
The starting price for an apartment is AED 1,818,000 (USD 495,000), while the studio penthouse can be acquired for AED 2,839,000 (USD 773,000).
Yes, you can take advantage of a long-term visa upon property acquisition in Residence 110.
It is possible to obtain a 3-year investor visa if your property costs a minimum of AED 750,000 (USD 205,000) or a 10-year Golden Visa if the real estate value starts from AED 2,000,000 (USD 545,000).
Yes, real estate is available for purchase to buyers of all nationalities.
Apartments in Residence 110 are a highly lucrative investment option thanks to the Dubai 2040 Urban Master Plan. In line with this initiative, Business Bay along with Downtown Dubai , DIFC and the Sheikh Zayed Road will become the economic and trade center of Dubai, leading to an influx of business professionals into the area and a surge in demand for properties such as Residence 110.
Residence 110 will be particularly appreciated by talented individuals, business professionals, traders and investors, since its location allows for seamless commercial activities and easy access to A-grade offices.
Business Bay is adjacent to Downtown Dubai, which is famed for housing a few of the emirate's most visited landmarks and attractions. It will take about 10 minutes by car to reach The Dubai Mall, the Burj Khalifa, Dubai Opera, The Dubai Fountain and plenty more.
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