Lotus Residence is a nine-storey residential complex located in Dubai Investment Park. The building features a stylish and elegant architectural design. The project was developed by Schon Properties and was fully completed in 2017.
Properties include one- to four-bedroom apartments that range in size from 400 sq. ft. to 4,400 sq. ft. All of the units differ in layout and have high-quality finished and modern furnishings. Apartments have spacious bedrooms, walk-in closets, two to five bathrooms, large balconies, dining areas, and separate kitchens with modern appliances.
Two-bedroom apartments have a starting price of AED 900,000 (USD 246,000).
*The price is valid for 2021
Residents can enjoy a variety of amenities and services, including:
Lotus Residence is located in Dubai Investment Park. Residents have easy access to Al Maktoum International Airport and Sheikh Mohammed Bin Zayed Road, one of the city’s main thoroughfares. The community has good transport accessibility. The nearest bus stops and Metro stations can be reached within a five- to 10-minute walk of the complex.
For groceries and household goods, residents can shop at Al Maya, Choithrams, and Park n Shop, which are situated within a 10-minute walk of the apartments. Residents can choose from a selection of local restaurants. Puranmal, Veg Hut, and Royal Grill are also located within a 10-minute walk.
Residents can take advantage of nearby educational institutions, including Greenfield Community School, Dove Green, Bright Riders, Nibras, Kinderville Nursery, and Tiny Town Nursery. For medical care, residents can go to NMC Royal Hospital, which can be reached within a five-minute drive of the residences and offers a wide range of specialised treatments.
The complex is also located within a 15- to 20-minute drive of several popular attractions, including:
Lotus Residence is located in a freehold zone, which allows citizens of other countries the opportunity to purchase and retain real estate. Units have a return on investment rate that ranges from 5.7% to 6.3%, per annum. The community offers a convenient location, well-developed infrastructure, and upscale amenities.
Sign up for our weekly newsletter for market updates!