S Residence
About the project
(sq. ft.)
S Residence is a nine-storey residential complex located in Dubai Silicon Oasis. The project was commissioned in 2016.
S Residence has 112 residential units that range in size from 400 sq. ft. (37 sq. m) to 850 sq. ft. (79 sq. m). Properties include studios and one-bedroom apartments. Units feature living rooms, balconies, ensuite bathrooms, and fully equipped kitchens.
Residents can enjoy a variety of amenities, including:
- Covered parking
- Swimming pool
- Gym
- Children’s playground
- Onsite supermarket
- Two lifts
- 24-hour security and CCTV
- 24-hour concierge services
Property Information
- Location Dubai Silicon Oasis, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1BR
- Area from 200 sq. ft.
- Total Amount of Units 112
Location
S Residence is located near Emirates Road and Sheikh Mohammed Bin Zayed Road, which provide easy access to other parts of the emirate. The community has a well-developed infrastructure, and residents can travel around by car, taxi, and public transportation.
The nearest bus stops, Palace Tower and Silicon Oasis Lake, can be reached within a five-minute walk of the complex. Residents can choose from a selection of local restaurants. The Lamagon Restaurant and Sweets is situated within a five-minute walk. Copper Kettle, Al Arab Restaurant, and Bayti Restaurant can be reached within a five-minute drive. For groceries, residents can shop at Margo Supermarket, Green Park Supermarket, and Al Adil Supermarket, which are located within a 10-minute walk.
Dubai International Airport can be reached within a 20-minute drive of the residences. For medical care, residents can go to Mediclinic Parkview Hospital, which is also situated within a 20-minute drive. Residents with children can take advantage of nearby schools, such as GEMS Wellington Academy, which can be reached within a five-minute walk.
Dubai Digital Business Park and Zayed University are located within a five-minute drive of the apartments, and Dubai’s half desert road can be reached within a 15-minute drive.
Payback
Dubai Silicon Oasis is one of the city’s fastest growing areas. The community has a mix of commercial and residential developments. Demand for real estate in Dubai Silicon Oasis is in part due to its favourable location near two of the country’s major highways.
S Residence offers properties that have a return on investment rate of approximately 5%. Investments can be recouped through the long-term rental market. Annual rental rates range from AED 20,000 (USD 5,000) to AED 35,000 (USD 10,000), and the estimated payback period ranges from 17 to 22 years.
*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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