Cherrywoods
Buying Property in Cherrywoods by Meraas
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About the project
Cherrywoods project from the famous United Arab Emirates developer, Meraas, is a new residential complex in the central part of DubaiLand. This cozy family community consists of modern townhouses.
Spacious duplexes with 3 and 4 bedrooms are attractive with a comfortable room layout, thoughtful design and exclusive interior decoration.
The project of 900 individual apartments will be delivered in 2021.
Cherrywoods gated complex offers townhouses with 2 or 4 apartments within each. Living space average sizes are:
- 3 bedrooms – 207.45 sq. m (2,233 sq. ft);
- 4 bedrooms – 244.71 sq. m (2,634 sq. ft).
Each of the apartments in a townhouse has its own terrace, balcony and covered parking. This spacious and comfortable housing has the advantages of a country house – a private backyard palisade with space for recreation.
The quiet atmosphere and beautiful scenery of the Cherrywoods complex makes for great family vacations, and meetings with friends. In the center of the community there is a park with thousands of cherry trees, an artificial pond, and playgrounds for children’s play. Everything you need for comfortable living is inside the complex:
- basketball courts;
- tennis courts;
- fitness-center;
- swimming pools;
- children’s playgrounds;
- a jogging and biking trail.
Cherrywoods is a place that fully meets the needs of adults and children, while being a gated and safe complex.
Location
Located next door to DubaiLand are Arabian Ranches 1, 2, Motor City and Dubai Sports City. The Al Qudra Road is nearby, offering easy access to other parts of the city:
- 35 minutes to Dubai Investment Park;
- Madinat Jumeirah and the Burj Al Arab skyscraper in 30 minutes;
- 20 minutes to Al Maktoum Airport.
Cherrywoods location in the heart of Dubai, 20-30 minutes drive from the city’s tourist attractions and business districts, makes the complex particularly favorable for investment.
Within walking distance are kindergartens and schools, park areas and walking paths – such a location is very convenient for families working in Dubai.
Payback
Cherrywoods Townhouse Apartments start at AED 1,400,000 (USD 380,000). Investment programs offer only 5% of the value of the apartments at this time, with the subsequent payment of the full price to be made within five years.
The payback period for residential properties in Cherrywoods is on average 5-10 years. The average return on an investment in a townhouse ranges from 5.25% to 7.5% per month.
*The price is valid for 2020
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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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