SKY Residences
About SKY Residences
(sq. ft.)
Sky Residences is a premium development by Expo City Dubai in the vibrant area of Expo Central, Expo City Dubai. It features a collection of beautifully crafted 1-4 bedroom apartments with a minimum total area of 931 sq. ft.
The properties come with private balconies and floor-to-ceiling windows which will allow you to enjoy the scenic surroundings from the comfort of your home. On top of that, each residence is complemented with a laundry room, a storage room and built-in wardrobes.
Those who live at SKY Residences Expo City will enjoy exclusive access to an extensive range of amenities in Expo City Dubai. Among them are:
- Plazas, sky deck and terraces
- Lap pool, shallow pool deck, children’s pool
- BBQ area, dining pavilion, lounge pavilion
- Multi-purpose room and multi-function lawn
- Convenience stores, retail, dining options
- Indoor gym, outdoor children’s area, outdoor fitness area
Property Information
- Location Expo City Dubai, Dubai, UAE
- Developer Expo City
- Status of Project In process
- Type of Project Residential Building
- Units 1-4BR
- Area from 931 sq. ft.
- Payment Plan 50/50
Floor Plans of SKY Residences
Apartment
Type:
1 Bedroom
Total Area:
931 sq. ft.
Starting Price:
Ask for Price
Apartment
Type:
2 Bedrooms
Total Area:
1,366 sq. ft.
Starting Price:
Ask for Price
Apartment
Type:
3 Bedrooms
Total Area:
2,165 sq. ft.
Starting Price:
Ask for Price
Reflection Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
|
|
1 Bedroom | Apartment | 931 sq. ft. | Ask for Price | |
|
|
2 Bedrooms | Apartment | 1,366 sq. ft. | Ask for Price | |
|
|
3 Bedrooms | Apartment | 2,165 sq. ft. | Ask for Price |
Property Prices
As of Q1 2024, the starting price for a property in Sky Residences is AED 1.7M (USD 463K).
*The price is valid for 2024
Payment Plan
Location
Sky Residences is conveniently nestled in a prime location near Expo Road and Expo Metro Station. This strategic placement allows residents to enjoy seamless access to various key destinations in Dubai. For instance, within just a short 20-minute drive, you can easily reach popular areas like Discovery Gardens, Al Maktoum International Airport, and Jebel Ali Industrial Area.
Moreover, the close proximity of Sky Residences to essential facilities is another advantage. Within the same 20-minute driving range, residents will have quick access to hospitals, schools, supermarkets and other important social infrastructure. A few examples are as follows:
- NMC Royal Hospital DIP
- Chubby Cheeks Nursery
- The International School of Choueifat
- Mango Hypermarket 3 LLC
- AIKO Mall
Economic Appeal
Sky Residences is an excellent choice for individuals who wish to live in close proximity to their workplace in the Free Zone community of Expo City Dubai. In addition to using the property as a personal residence, you also have the option to rent it out.
According to the latest data from Q1 2024, the average yearly gross yield for 1-bedroom apartments in Dubai South is 6.4%. Moreover, the starting rental cost is AED 37K (USD 22K) per year. These figures indicate a stable rental income when investing in Sky Residences.
Furthermore, property owners can become eligible for a 2-year visa with a minimum investment amount of AED 750K (USD 204K). If the acquisition sum is AED 2M (USD 545K) or higher, you can secure a 10-year Golden visa. Both of these options apply to your spouse and children, whilst the Golden residency also allows for sponsorship of domestic workers.
The master developer offers a lucrative 50/50 payment plan. The down payment is 10%. During the construction phase, 40%. The remaining 50% is due up to 5 years post handover, enabling you to enjoy financial flexibility.
*The price is valid for 2024
FAQ
The developer of Sky Residences is Expo City Dubai.
It is located in Expo City Dubai.
Among the proposed units are 1-4 bedroom apartments.
The complex’s completion date is Q3 2026.
The master developer offers a 50/50 payment plan. The down payment is 10%. During the construction phase, 40% of the purchase price must be paid. The remaining 50% is due up to 5 years post handover.
As of Q1 2024, the starting price for a property in Sky Residences is AED 1.7M (USD 463K).
Yes, property owners become eligible for a long-term visa.
Property owners are granted a 2-year visa with a minimum investment amount of AED 750K (USD 204K). If the acquisition sum is AED 2M (USD 545K) or higher, you can secure a 10-year Golden visa.
Yes, all nationalities can buy real estate in Sky Residences.
According to the latest data from Q1 2024, the average yearly gross yield for 1-bedroom apartments in Dubai South is 6.4%. Moreover, the starting rental cost is AED 37K (USD 22K) per year. These figures indicate a stable rental income when investing in Sky Residences.
Yes, Sky Residences is an excellent choice for individuals who want to live in close proximity to their workplace in the Free Zone community of Expo City Dubai.
When living in Expo City Dubai, you can reach many essential facilities within just a 20-minute drive. These include NMC Royal Hospital DIP, Chubby Cheeks Nursery, The International School of Choueifat, Mango Hypermarket 3 LLC and AIKO Mall and more.
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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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