La Residences is a residential complex located in Jumeirah Village Triangle, Dubai. The project was implemented by Zarwah Development and features a uniquely modern architectural design.
Properties include studios and one- to three-bedroom apartments that are available to buy and rent. Residential units have large panoramic windows that offer beautiful views of the surrounding area, as well as premium finishes and open- or semi-open kitchens that are equipped with all of the necessary appliances. Some properties are move-in-ready and have Italian-made furniture. Many apartments also have landscaped terraces.
The building provides a variety of amenities and services, including:
Studios have a minimum size of 33 sq. m (351 sq. ft.).
La Residence is conveniently located near Sheikh Mohammed Bin Zayed Road, one of the city’s main thoroughfares, which provides direct routes to other parts of the emirate. Dubai Sports City can be reached within a 10-minute drive of the complex and is home to many stadiums and sports facilities that host various competitions and public events.
Residents can take advantage of local educational institutions, such Arcadia School and Sunmarke School, which are situated within a 10-minute drive of the building. Jumeirah Park District 7, Jumeirah Park District 8, and Villa N76 Cafe are located within a 10- to 15-minute drive. The Warehouse Gym – Jumeirah Park is situated within a five-minute drive.
For groceries and household goods, residents can shop at Danat Express Supermarket, which is located within a five-minute drive of the residences. Ibn Battuta Mall can be reached within a 15-minute drive and offers more than 400 retail outlets, restaurants, and entertainment venues. Downtown Dubai is situated within a 20-minute drive.
Jumeirah Village Triangle is a quiet community with an excellent location, good transport accessibility, and a developed social infrastructure. It is an ideal place to live for families due to the many nearby schools, kindergartens, and children’s playgrounds. The community is almost completely autonomous and is home to retail stores, cafes, and restaurants.
La Residences offers many profitable real estate investment opportunities. Properties are in demand among tenants and investors. On average, the return on investment rate for an apartment is approximately 6.2%, depending on the number of bedrooms. Studios have a return rate that can reach up to 6.7%, per annum. The annual rental rate for a one-bedroom apartment starts at AED 50,000 (USD 13,000).
*The price is valid for 2021
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