Lilac Park
About the project
(sq. ft.)
Lilac Park is a residential complex located in Jumeirah Village Circle, Dubai. The project was developed by AB Properties, and construction was completed in 2015. Properties include four-bedroom townhouses that are available to buy and rent.
A townhouses come with a variety of features, including:
- Equipped kitchen
- Spacious terrace
- Built-in closets
- Modern bathrooms
- Rooftop lounge space with artificial turf and barbecue area
- Covered parking for two vehicles
- Guest parking
- Staff accommodations with separate bathroom
- Intercom system
- Marble stairs with glass railing
The complex provides 24-hour security with video surveillance and was built using environmentally-friendly and energy-efficient technologies.
Townhouses have a minimum size of 156 sq. m (1,679 sq. ft.), and four-bedroom units have a starting price of AED 2,500,000 (USD 682,000).
*The price is valid for 2021
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Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Status of Project Ready
- Type of Project Townhouses
- Units 4BR
- Area from 1,679 sq. ft.
Location
Lilac Park is conveniently located near Sheikh Mohammed Bin Zayed Road, which provides easy access to other parts of the city. The nearest bus stop, Emirates Garden Rose 2 Apartments, can be reached within a five-minute walk of the complex.
For groceries, residents can shop at Carrefour, which is situated within a 20-minute drive of the townhouses, and Greens Mini Mart and Rubiyan Grocery can be reached within a 10-minute walk.
Residents can take advantage of local schools. The Winchester School – Jebel Ali and DPS Dubai are located within a 20-minute drive of the residences.
The complex is situated within a short drive of several popular destinations, including:
- Circle Mall – 5 minutes
- The Gardens Cricket Ground – 20 minutes
- Dubai Marina – 20 minutes
- IMG Worlds of Adventure – 25 minutes
- Dubai International Airport – 30 minutes
- Al Maktoum International Airport – 30 minutes
Payback
Jumeirah Village Circle is located near many major attractions, as well as schools, medical centres, and shopping malls. The community has good transport accessibility and well-developed infrastructure. As a result, residential units are in demand among tenants and investors.
Luxury housing is more affordable here than in other parts of Dubai, such as Dubai Marina and Downtown Dubai. Properties in the area have a return on investment rate of 6.8%, and the annual rental rate for a townhouse starts at AED 165,000 (USD 45,000).
*The price is valid for 2021
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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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