Iris Park
About the project
Iris Park is a residential community located in Jumeirah Village Circle, one of Dubai’s busiest areas. The project was developed by AB Properties, a company known for other successful developments, such as Valencia Park, Mulberry Park, Orchid Park, and Lotus Park. Construction of the residences began in 2008, and they were completed in 2012.
There are 15 luxury three- to four-bedroom townhouses that are available to buy and rent. Units vary in size, configuration, and interior design. Properties have spacious bedrooms, built-in closets, ensuite bathrooms, furnished living rooms, staff accommodations, balconies, and attached terraces that offer beautiful views of the surrounding area.
The price of a townhouse depends primarily on its size and layout. Four-bedroom units have a starting price of AED 2,000,000 (USD 560,000).
*The price is valid for 2021
The complex provides a variety of amenities and services, including:
- Community swimming pool
- State-of-the-art fitness centre
- Nearby parks for walks and family recreation
- 24-hour security services and video surveillance
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Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Status of Project Ready
- Type of Project Townhouses
- Units 3-4BR
- Total Amount of Units 15
Location
Iris Park is located in a community with good transport accessibility. The nearest bus stops can be reached within a five-minute walk of the residences, and Dubai International Airport is situated within a 20-minute drive.
Residents can choose from a selection of local restaurants and cafes that serve Indian, Arabic, Turkish, Korean, and Mediterranean cuisines. Chin Chin, Teeneh Ow Zeytoneh, Defne Turkish, Bawarchi, and Subwich are located within a five- to 10-minute walk of the complex. For groceries and household goods, residents can shop at Sharooq Al Madina Grocery, Yellow Mart, Greens Mini Mart, and Zoom, which can also be reached within a five- to 10-minute walk.
Residents can take advantage of nearby schools and medical centres. Little Wonders Kindergarten, Dubai Heights Academy, JSS International School, Sunmarke School, and Victory Heights Primary School are situated within a five- to 10-minute drive of the townhouses. Mediclinic Me’aisem, Apex Medical & Dental Clinics, and Aster Clinic – Sports City are located within a 15-minute drive.
For leisure activities, residents can go to Circle Mall, which can be reached within a 15-minute drive and features many retail stores, restaurants, and entertainment venues. The Els Golf Club, Dubai Miracle Garden, and Dubai Butterfly Garden are also situated within a short drive of the residences.
Payback
Iris Park offers properties in the premium segment of the market. As a result, townhouses are in demand among tenants and investors. Units have a return on investment rate of approximately 4.8%. If current trends continue, investments can be recouped within 22 to 24 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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