Jade Residence
About the project
(sq. ft.)
Jade Residence is a residential complex located in Dubai Silicon Oasis, Dubai. The project was developed by Deyaar Development PJSC and was completed in 2009.
The complex has 120 one- to three-bedroom apartments. Units feature spacious balconies with beautiful views of the surrounding area. Fitted kitchens and bathrooms have tile flooring, and bedrooms and lounges have granite tiles. Two- and three-bedroom apartments also have staff accommodations.
Residents can enjoy a variety of amenities, including:
- Underground parking
- Gym
- High-speed elevators
- Central air-conditioning
- Security services and video surveillance
- Swimming pool with temperature controls
- Sauna and steam bath
- 24-hour concierge services and help desk
- Children’s playground
- Garden
- Event space
- Barbecue area
One-bedroom apartments have a minimum size of 74 sq. m (800 sq. ft.). Two-bedroom apartments have a minimum size of 108 sq. m (1,157 sq. ft.), and three-bedroom apartments have a minimum size of 149 sq. m (1,600 sq. ft.).
Studios have a starting price of AED 490,000 (USD 133,000).
*The price is valid for 2021
Property Information
- Location Dubai Silicon Oasis, Dubai, UAE
- Developer Deyaar
- Status of Project Ready
- Type of Project Residential Building
- Units 1-3BR
- Area from 800 sq. ft.
- Total Amount of Units 120
Location
Jade Residence is located on Mohammed Bin Zayed Road. The nearest public transport stop, Cordoba Palace 1, can be reached within a 10-minute walk of the complex.
Residents can take advantage of local educational institutions. German International School Dubai, IELTS In Dubai Men’s College, Lycée Français International Georges, and HCT Men’s College are situated within five to 10 minutes of the residences.
For groceries and household goods, residents can shop at Grandiose Supermarket, which is located within a 10-minute walk of the apartments. There are several popular restaurants in the area. Angolan Cuisine can be reached within 10 minutes, and Frappy Cheerful Blend DSO is situated within five minutes.
For recreational activities, Crystal Sports Tennis & Fitness Centre can be reached within a 20-minute walk of the residences, and Liwan Lake Garden, which has sports fields and cycling trails, is situated within a 15-minute drive.
The complex is located within a short drive of many popular destinations, including:
- Silicon Central – 5 minutes
- Dubai Outlet Mall – 15 minutes
- Business Bay – 15 minutes
- IMG Worlds of Adventure – 20 minutes
- Dubai International – 20 minutes
Payback
Dubai Silicon Oasis is conveniently located within a community that has a well-developed infrastructure and low housing prices. The annual rental rate for residential and commercial real estate is much lower than, for example, in Business Bay. The annual rental rate for a one-bedroom apartment starts at AED 28,000 (USD 8,000).
Apartments in Dubai Silicon Oasis are in demand among investors due to a high return on investment rate. The return rate for a two-bedroom apartment in the area is 7.9%, and the return rate for a one-bedroom apartment is 7.6%.
*The price is valid for 2021
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Internet City, Dubai, UAE
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