The Springs Souk
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The Springs Souk

About The Springs Souk

The Springs Souk is a shopping market located in the Springs 7 neighborhood and has been developed by Emaar Properties. The market primarily serves residents of the neighboring residential districts of The Lakes, Emirates Hills, The Meadows, Al Barsha, The Greens and Springs. Springs Souk is home to about 100 retail outlets including fashion stores, specialty item stores, a Carrefour supermarket, beauty salons, barbershops, spas, Life Pharmacy, BinSina Pharmacy and Drs.Nicolas & ASP, and a large number of restaurants and cafes. Also, the complex has a modern cinema, Reel Cinemas, a branch of Emirates NBD Bank, a currency exchange and fitness centers VIP Medical Fitness and Warehouse Gym. The shopping market parking lot has about 650 spaces for motor vehicles and 95 spaces for bicycles.

Among the food establishments represented in the complex are such popular places as Starbucks, Baskin Robbins, Subway, The Coffee Club, Pixie Cream and London Dairy Café.
The Springs Souk also has the following amenities for its visitors:

  • restrooms with changing tables;
  • ATMs;
  • prayer rooms;
  • baby stroller rental;
  • a cab service;
  • an escalator.

Location

The Springs 7 community, where the shopping market is located, is a gated residential project located at the eastern end of the Springs neighborhood, Emirates Living near Al Asayel Street. From The Springs Souk, one can easily reach the following destinations:

  • DXB international airports in 30 minutes, Al Maktoum in 30 minutes;
  • Palm Jumeirah in 15 minutes;
  • The Burj Al Arab hotel in 15 minutes;
  • La Mer Waterfront in 25 minutes;
  • The Walk JBR in 20 minutes.
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Payback

The return on investment for the Emirates Living area is about 7% for apartments and 4.45% for villas and townhouses. At Springs 7, a two-bedroom villa of 157 square meters (1,690 square feet) is available for AED 2,050,000 (USD 523,000) and the average rental price for this type of residential property is about AED 100,000 (USD 26,000). The modern landscaped Springs area offers all the necessary infrastructure for comfortable living, so investors are paying special attention to this real estate community.

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