Banyan Tree Residence
About the project
Developed by the experienced and internationally recognised UAE-based company Sweid & Sweid, Banyan Tree Residence is a 32-storey residential tower located in a resort area of Dubai.
The residence consists of 235 units and features apartments with one, two, three, and four bedroom-layouts, as well as penthouses and duplexes equipped with private outdoor gardens. Units range in size from 857 sq. ft (79.62 sq. m) to 4,072 sq. ft (378.3 sq. m). The starting price for a unit is AED 1,681,044 (USD 458,000).
*The price is valid for 2021
Banyan Tree Residence is designed using a contemporary style that features detailed finishes and comfortable layouts. The fixtures, textiles, and furniture have a modern appeal aimed at satisfying even the most discerning prospective buyers. Units have built-in cabinets to help keep living spaces free of clutter, and large mirrors to open up living spaces and provide sleep interior accents. Kitchens and bathrooms are fully-equipped with modern facilities.
High ceilings (3.2 m) and French windows, along entire walls, allow units to maximise the use of natural sunlight. Spacious terraces and balconies offer plenty of room to relax and enjoy the views of the surrounding area.
The building features 24-hour security, indoor and outdoor children’s areas with climbing wall, a fitness centre, saunas, squash court, 31-metre infinity pool, tanning beds, spa area, and concierge services. Complimentary membership to the Banyan Tree Sanctuary Club is also available to residents.
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Location
Banyan Tree Residence is located in a lush resort area with an abundance of green spaces and lakes. There are nearby tennis and golf courses, kindergartens, retail stores, and medical centres.
The JLT1 bus station is located within walking distance of the building. From there, residents can access other parts of Dubai, as well as the Red Metro Station.
Major highways, such as First Al Khail, Al Naseem Streets, and Sheikh Zayed Road, are close by and provide residents with easy access to the city’s most popular destinations and attractions.
Dubai International (DXB) Airport and Al Maktoum International Airport are located within a 30-minute drive from the building.
Payback
The real estate in Jumeirah Lake Towers continues to grow in value year after year. This is due to its well-developed infrastructure and easy access to transportation, among other factors. Thus, Banyan Tree Residence is a lucrative investment opportunity, particularly for purchasing a unit to rent out.
The Dynamic Property Price Index (DPI) for the complex is 2.12%, which confirms the increasing popularity of the residential properties in the area. Banyan Tree Residence offers apartments for sale that are projected to pay for themselves within 7 to 9 years.
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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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