Astoria Residence is a five-storey residential complex located in the family-friendly community of Jumeirah Village Circle. The project was developed by Segrex Ltd., and the building’s construction was completed in 2015.
Properties include studios, one- to three-bedroom apartments, and three-bedroom villas. Units feature marble floors, wood panelling, and panoramic windows.
The complex provides a variety of amenities and services, including:
Studios have a minimum size of 35 sq. m (377 sq. ft.), and one-bedroom apartments have a minimum size of 78 sq. m (858 sq. ft.).
Studios have a starting price of AED 400,000 (USD 127,000). One-bedroom apartments have a starting price of AED 480,000 (USD 211,000), and three-bedroom villas have a starting price of AED 3,500,000 (USD 953,000).
*The price is valid for 2021
Astoria Residence is located in a well-developed community. Residents have easy access to public transportation, including buses, trams, cabs, and the Metro. The nearest bus stop, JVC Mirabella Villas 6, can be reached within a five-minute walk of the residences. The nearest tram stop, Knowledge Village 2, is situated within a 15-minute drive, and the Mall of Emirates Metro Station is also located within a 15-minute drive.
The complex is situated near other popular developments, including Summer Cluster, Pantheon Boulevard, and Autumn, which can be reached within a five-minute drive.
The complex is located near a wide selection of stores, malls, supermarkets, restaurants, and cafes. Greens Supermarket, All Day, and Holiday Minimart can be reached within a five-minute of the apartments. Desert Wok Restaurant, Socialicious, Defne Turkish Restaurant, Pide Keyfi, and Trattoria by Cinque are situated within 10 minutes.
Residents can take advantage of local educational institutions. Kids World Nursery, Ladybird Early Learning Centre, Little Wonders Nursery, JSS International School, Nord Anglia International School, and the University of Wollongong in Dubai can be reached within 10 to 15 minutes of the residences.
The complex is located within a short drive of several popular destinations, including:
Jumeirah Village Circle is surrounded by an abundance of green spaces, which provides a comfortable living environment. Properties in the area attract tenants and visitors who want to stay near Dubai Marina, Internet City, and Media City.
Residential units in Jumeirah Village Circle are in demand among investors since the return rates are high. Studios have a return on investment rate of 6.5%, and one-bedroom apartments have a return rate of 6.3%. The annual rental rate for a studio is AED 35,000 (USD 10,000), and the annual rental rate for a one-bedroom apartment is AED 73,000 (USD 20,000).
*The price is valid for 2021
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