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AKA Residence

AKA Residence

About the project

Ask for Price Starting Price from
220 Total Amount of Units
349 Area from
(sq. ft.)
Ready Handover

Developed by AKA International, AKA Residence is a 26-storey residential complex located in Jumeirah Village Circle, Dubai. The building is located in an actively developing, densely populated area. There are 220 residential units that vary in size and configuration.

The complex provides a variety of amenities, including:

  • Lounge area on the terrace
  • Retail stores on the first floor
  • Gym
  • Two swimming pools
  • Four floors of underground parking
  • High-speed elevators
  • 24-hour security and CCTV
  • Central air conditioning
  • Maintenance services
  • Fire safety equipment
  • Pet-friendly accommodations

Properties include studios and one- to three-bedroom apartments. Studios range in size from 349 sq. ft (32 sq. m) to 420 sq. ft (39 sq. m), and apartments range in size from 996 sq. ft (92.5 sq. m) to 2,000 sq. ft (186 sq. m).

The most popular type of unit is a studio, which has an annual rental rate that ranges from AED 25,000 (USD 6,800) to 28,000 (USD 7,600). The annual rental rate for a two-bedroom apartment is AED 55,000 (USD 14,900).

*The price is valid for 2021

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Property Information

Location

AKA Residence is conveniently located in a community with well-developed infrastructure and excellent transport accessibility. There are several bus stops situated within a three-minute walk of the building, and the Mall of the Emirates, Mashreq Landside, and Dubai Internet City Metro Stations can be reached within five minutes. Residents can also easily travel by personal car and taxi.

For groceries, such as vegetables, snacks, fruits, and seafood, residents can shop at Greens, Jyothi’s, and Bluesmart Fresh, which are situated within walking distance of the complex.

There are several trendy restaurants located within five minutes of the building, including Ricky’s, Bawarchi, and Marmarita, which serve delicious cuisines from around the world.

Residents can take advantage of a wide selection of nearby recreational areas, sports facilities, banks, mosques, pharmacies, medical centres, schools, and nurseries. Desert Safari Dubai, Balloon Adventures Dubai, and Dubai Butterfly Garden can be reached within a 15-minute drive of the residence, and there are plenty of local gardens and parks for walking and relaxing.

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Payback

Jumeirah Village Circle offers a well-developed infrastructure, convenient transport accessibility, and upscale residential buildings. As a result, properties at AKA Residence are in demand among real estate investors and tenants.

The return on investment rate for apartments in Jumeirah Village Circle is 6.2%, which is considered to be a high return rate compared to other parts of the emirate.

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