Monaco Residency
About the project Monaco Residency
(sq. ft.)
Monaco Residency is a six-storey residential complex located in Dubailand. It is part of the larger Queue Point development. The project was implemented by Al Mazaya Holding, and the architectural design was provided by the National Engineering Bureau.
Apartments range in size from 715 sq. ft. to 900 sq. ft. and feature spacious living rooms, kitchens, balconies, and bedrooms with ensuite bathrooms.
The complex provides a variety of amenities and services, including:
- Covered parking
- High-speed lifts
- Central air conditioning
- 24-hour security and CCTV
- Jogging and cycling path
- Children’s playground
Properties have a starting price of AED 305,000 (USD 83,000).
*The price is valid for 2021
Property Information
- Location Dubailand, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Area from 715 sq. ft.
Location
The nearest bus stop, Liwan Mazaya 99, is situated within a two-minute walk of the residences. Dubai International Airport can be reached within a 20-minute drive and is also accessible via public transportation within an hour.
The complex is situated within a five- to 10-minute drive of many popular destinations, including:
- Zayed University, one of the best universities in the UAE
- Dubai Outlet Mall, a shopping centre with a variety of shops and family entertainment venues, such as Chuck E. Cheese’s
- IMG Worlds of Adventure, the world’s largest themed park
There are several nearby social and leisure facilities, including:
- Beit El Zaytoun Restaurant, GrillO, Nakhat Al-Sham, Al Humsani, and Grills & More
- Bluemart Minimart, Shua Al Madina Supermarket, Time Plus, and Al Adil
- Indian International Schools and GEMS Wellington Academy
- Toddlers International Kindergarten
- Nadd Al Hammar Health Centre
- Silicon Towers Parks, Silicon Oasis Community, and Hartland Greens
- The Track Meydan Golf Club, Dubai Hills Golf Club, and Arabian Ranches Golf Club
Payback
Queue Point is one of Dubai’s most popular communities. It is conveniently located near several main highways, which provide easy access to other parts of the emirate. Residents can enjoy nearby open spaces, parks, fountains, mosques, health centres, and educational facilities.
As a result, Monaco Residency offers properties with a return on investment rate of 7%. Annual rental rates range from AED 31,000 (USD 8,000) to AED 40,000 (USD 11,000), and the estimated payback period ranges from 14 to 18 years.
*The price is valid for 2021
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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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