Al Haseen Residence
About the project
(sq. ft.)
Al Haseen Residence is a seven-storey residential complex located in Dubai Industrial Park. The complex consists of two buildings. The project was developed by City Properties and was commissioned in 2019.
There are a total of 138 residential units, including studios and one- to two-bedroom apartments. All units feature large sleeping areas, spacious balconies, equipped kitchens, and bathrooms. Apartments also have powder rooms and living rooms that are connected to the dining rooms. Panoramic windows provide beautiful views of the surrounding area.
Residents can enjoy a variety of amenities and services, including:
- Covered parking on the first floor
- Central air conditioning
- Rooftop landscaped garden for recreation and events
- Large swimming pool with adjustable temperature controls
- Modern equipped gym
- High-speed elevators
- Security and video surveillance
- Concierge services
Residential units range in size from 340 sq. ft. to 875 sq. ft.. Studios have a starting price of AED 546,000 (USD 149,000), and apartments have a maximum price of AED 962,000 (USD 262,000).
*The price is valid for 2021
Property Information
- Location Dubai Industrial Park, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR.
- Area from 340 sq. ft.
- Total Amount of Units 138
Location
Al Haseen Residence is conveniently located near Al Maktoum International Airport and Sheikh Zayed Road. The area is served by public transportation and taxis. The nearest bus stop, Dubai Industrial City, can be reached within a three-minute walk of the complex, and the UAE Exchange Metro Station is situated within a 10-minute walk.
Sand Marco, a vegetarian restaurant, is located within a five-minute walk of the residences, and New West Zone Supermarket can also be reached within a five-minute walk.
The complex is situated within a short drive of many popular destinations, including:
- NMC Clinic – 5 minutes
- British Oak Montessori Kindergarten – 10 minutes
- Greenfield International School – 15 minutes
- Dubai attractions, such as Bollywood Parks and Legoland – 20 minutes
Payback
Dubai Industrial Park has a mix of residential and industrial complexes. It is also home to many of the emirate’s main attractions and an international airport. Residential real estate in this part of Dubai is in demand among employees working nearby. Al Haseen Residence is also popular among those looking to live in a relatively low-cost part of the city.
Al Haseen Residence offers properties with a return on investment rate of 5%. The annual rental rate for a studio starts at AED 20,000 (USD 5,000), and the maximum annual rental rate for an apartment is AED 25,000 (USD 7,000). Investors can expect a payback period that ranges from 20 to 25 years.
*The price is valid for 2021
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Metropolitan Premium Properties
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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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