The Square
About the project
(sq. ft.)
The Square is a residential complex located in Al Mamzar, Dubai. Developed by Omniyat and completed in 2016, it is one of the first coastal projects implemented in the northeast of the city. The development consists of seven residential buildings with six floors, which include Dalia, Al Neem, Sendyan, Tala, Al Zan, Ayka, and Afnan, as well as the Movenpick Hotel Apartments Al Mamzar Dubai and an office tower.
Properties are available to buy and rent and include studios and one- to three-bedroom apartments. Residents can also choose from a selection of serviced apartments. Units have private parking and gardens, and three-bedroom apartments also have small storage rooms and powder rooms.
Residents can enjoy a variety of amenities, including:
- Rooftop swimming pool
- Equipped gym
- Jogging tracks
- Covered parking
- Fitness centre
- Saunas, steam rooms, and Jacuzzis
- Guest parking
- High-speed elevators
- Central air conditioning
- Central heating
- Outdoor patio with barbecue and lounge area
- Backup power supply
- Children’s playground
- Pet-friendly accommodations
- Landscaped park covering an area of 6,000 sq. m with swimming pools situated in the centre
Studios have a minimum size of 49 sq. m (530 sq. ft.), and offices have a minimum size of 63 sq. m (680 sq. ft.)
Studios have a starting price of AED 165,000 (USD 15,000).
*The price is valid for 2021
Location
The Square has an excellent location near city attractions and major highways. The Al Qiyadah Metro Station is situated within a five-minute drive of the complex. The nearest bus stops, Dubai Folklore Theatre Bus Stop and Al Mamzar – Shabab Alahli Club, can be reached within a 15-minute walk.
The community is located within a short drive of many popular destinations, including:
- Century Mall Dubai – 5 minutes
- Dubai Secondary School – 10 minutes
- Al Maktoum International Airport – 10 minutes
- Al Mamzar Running Track – 10 minutes
Residents can enjoy local restaurants situated within a 10-minute walk of the complex, including Najmat Al Shabab Cafeteria & Restaurant, Alvand, Spices, and Nutria Cafe.
Payback
The Square has an excellent location, which attracts real estate investors. Residential units are popular among those looking to rent apartments or studios for a holiday in Dubai. The community provides a wide selection of amenities, which also contribute to demand for properties. As a result, properties have high liquidity.
Residences in the Al Mamzar area have a return on investment rate of 4.4%. The most sought-after units are studios, which have a minimum annual rental rate of AED 28,000 (USD 8,000).
*The price is valid for 2021
Similar Projects
Metropolitan Premium Properties
-
[email protected]
-
+971 4 428 6151
-
36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
Get A Free Consultation
Ready for your new home?Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!