lfa Residence, also known as Al Faran, is a Mediterranean-style residential complex located in Jumeirah Village Circle, Dubai. Properties include studios and one- to three-bedroom apartments that are available to buy and rent.
The complex provides a variety of upscale amenities and services, including:
One-bedroom apartments have a minimum size of 79 sq. m (850 sq. ft.), and studios have a minimum size of 33 sq. m (350 sq. ft.).
Alfa Residence is located off Sheikh Mohammed Bin Zayed Road. Residents have easy access to public transportation, which provides direct routes to other parts of the city.
For groceries and household goods, residents can shop at Aswaaq Mart, Day Mart, Need Supermarket, Holiday Minimart, and Tudomart Supermarket, which can be reached within a 10- to 15-minute drive of the apartments.
Residents can take advantage of local schools and kindergartens. Ladybird Early Learning Centre, Kids World Nursery, JSS International School, and UEG School are situated within a 10-minute drive of the residences. Brighton College Dubai, Dubai Schools Al Barsha, and Nord Anglia International School can be reached within a 15-minute drive. For outdoor activities, residents can go to JVC District 16 Park, which is located within a 15-minute walk.
The complex is situated within a short drive of several popular destinations, including:
Jumeirah Village Circle is one of Dubai’s most family-friendly communities. There are many nearby schools, kindergartens, and playgrounds. Residents have easy access to transportation networks and social facilities. As a result, real estate is in demand among tenants and investors.
Properties in Jumeirah Village Circle have a return on investment rate of 6.8%. Studios are the most sought-after units. The annual rental rate for a studio starts at AED 30,000 (USD 8,000), and the annual rental rate for a one-bedroom apartment starts at AED 48,000 (USD 13,000).
*The price is valid for 2021
Sign up for our weekly newsletter for market updates!