Le Grand Chateau
About the project
(sq. ft.)
Le Grand Chateau is a residential complex located in Jumeirah Village Circle, Dubai. The project was inspired by the European architecture of the sixteenth century, particularly French castles. The development consists of four buildings and an abundance of amenities. Developed by Al Fara’a Properties in 2014, the five-storey structures include 185 apartments and 15 townhouses.
The complex provides a variety of amenities, including:
- Indoor parking
- Gym
- Swimming pool
- Health club
- Sports facilities
- Children’s playgrounds
- Jogging and walking paths
- Golf course
- 24-hour security
- Central air conditioning
- Concierge services
- High-speed elevators
Properties include studios and one- to three-bedroom apartments, as well as townhouses with three floors and four bedrooms. Units range in size from 430 sq. ft (40 sq. m) to 3,400 sq. ft (315 sq. m).
Residents can enjoy kitchens with appliances, modern plumbing, built-in closets, and spacious terraces with views of the surrounding area, green lawns, and fountains.
Real estate is available to buy and rent. Annual rental rates for studios range from USD 7,600 (AED 28,000) to USD 8,200 (AED 30,000), and annual rental rates for two-bedroom apartments range from 17,700 (AED 65,000) to USD 19,000 (AED 70,000).
Property prices start at USD 95,000 (AED 350,000).
*The price is valid for 2021
Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building, Townhouses
- Units 1-4BR
- Area from 430 sq. ft.
- Total Amount of Units 185
Location
Le Grand Chateau is located in the Jumeirah Village Circle community, a suburban area of Dubai. Residents have easy access to public transportation, including buses, cabs, and the Metro, and the Umm Al Sheif Metro Station is situated within a short distance of the residences.
The community is set away from the hustle and bustle of the city. However, residents can take advantage of local facilities, such as supermarkets, medical centres, pharmacies, cafes, restaurants, kindergartens, schools, banks, fitness centres, beauty salons, dry cleaners, and parks.
McDonald’s, KFC, Big Cheese, Popeye’s, Chaminah, and Coop are located within a short distance of the complex. For groceries, residents can shop at Carrefour, West Zone, Spinneys, Choithrams, and Cistys, which can be reached within a 10-minute walk of the complex.
Residents can take advantage of nearby attractions, such as Dubai Miracle Garden, Dubai Autodrome, and International Stadium, which are situated within a 10-minute drive of the residences.
Payback
Demand for real estate in Jumeirah Village Circle continues to grow due to the community’s developed infrastructure, tourist attractions, and commercial activities. As a result, local real estate is in demand among investors and tenants.
Studios at Le Grand Chateau have a return on investment rate of 8.1%. One-bedroom apartments have a return rate of 7%, and two-bedroom apartments have a return rate of 6.4%. The estimated payback period for a unit ranges from 12 to 15 years.
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Metropolitan Premium Properties
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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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