Zada Residences
Buying Property in Zada Residences
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Kristina Tsybulniak
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Metropolitan Premium Properties
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About the project
Zada Residences is an apartment complex from the developer, DAMAC Properties, located in the Business Bay neighbourhood of the city. The building is designed in a contemporary style and has 26 floors, with the lower floors being occupied by public spaces. The commissioning of the project is scheduled for Q4 2022.
Choose from one-bedroom apartments ranging in size from 410 sq. ft to 570 sq. ft (38 sq. m to 53 sq. m). The residences have wide panoramic windows overlooking the Dubai Creek Canal, and interiors are designed in a minimalist style.
Residents of Zada Residences will enjoy the following benefits:
- 24-hour security
- Video surveillance
- Concierge services
- Covered parking
- An open-air cinema
- Landscaped grounds with a garden
- A fully equipped gym
- A sauna and jacuzzi
- A swimming pool
- A children’s play area
One-bedroom apartments include a bathroom, open-plan kitchen, living room, and a balcony. The minimum asking price is AED 699,000 (USD 189,000).
*The price is valid for 2021
Location
The complex is located in the Business Bay area, which is the business center of the city, where there are offices of international and national companies.
The close proximity of Zada Residences to the Zheikh Zayed Rd allows for quick access to any area of Dubai, and the Business Bay Metro Station is just a 15-minute walk from the apartments.
Dubai International Airport can be reached in about 20 minutes by car, whilst Al Maktoum International Airport is a 40-minute drive away.
The Business Bay area is adjacent to Downtown Dubai, where there are some of the worlds most famous attractions: the Burj Khalifa, the Dubai Fountain show, and the Dubai Opera Theater.
The nearest beach is Jumeirah Beach, which is a 10-minute drive away, and within a 5-7 minute drive you can reach, Safa Park which is in the heart of the city. The park houses various recreation areas, jogging and bicycling paths, and a barbecue area.
There are many cafes and restaurants around the complex, as well as supermarkets and beauty salons for residents and visitors to enjoy.
Midline Bay Medical, Pearl Dental Clinic Dubai, and Emirates Clinic are all within walking distance of the complex.
Maple Bear Preschool is a 5 minute walk away, and Kids First Group, and Canadian Kids Nursery is 10-15 minutes away. There are also other educational facilities for school children in the area as well.
Payback
The profitability of the project is 5.08%. The average cost of a long-term lease for a one-bedroom apartment is AED 60,000 (USD 16,200).
*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 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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