LOCI Residences is a residential development located in Jumeirah Village Circle, Dubai (District 14). The building is currently under construction and is expected to be commissioned in Q2 2023.
Properties include studios and one- to two-bedroom apartments that vary in size, configuration, and design. For example, three-bedroom apartments can be purchased in several different styles that were inspired by large cities located around the world, such as London, Miami, and New York.
Studios and apartments have semi-closed equipped kitchens, panoramic windows, stylish bathrooms with rain showers, large built-in wardrobes, and balconies with beautiful views of the surrounding area. All residential units feature the latest interior design trends and are equipped with modern furniture.
The complex provides a variety of amenities and services, including:
Studios have a minimum size of 52 sq. m (561 sq. ft.) and a starting price of AED 590,000 (USD 161,000).
*The price is valid for 2021
For groceries and household goods, residents can shop at Cart Supermarket JVC and Aswaaq Mart Supermarket, which can be reached within a 15-minute drive of the complex, and Circle Mall JVC is located within a 10-minute drive.
Residents can take advantage of local educational institutions. Nord Anglia International School Dubai is situated within a 15-minute drive of the residences, and JSS International School can be reached within 10 minutes.
For medical care, residents can go to Mediclinic Parkview Hospital, which is located within a 15-minute drive of the complex, and LIFE pharmacy can be reached within walking distance of the apartments.
Residents can choose from a selection of nearby restaurants. Sansation is situated within a 15-minute drive of the complex, and Al Karya Snack, a Lebanese restaurant, can be reached within a five-minute drive.
For leisure activities, residents can go to JVC-Halfa Park, which is located within a five-minute walk of the building. The nearest beach, Sufouh Beach, can be reached within a 20-minute drive. Dubai Butterfly Garden is situated within a 10-minute drive.
Jumeirah Village Circle is a great place to live for families with children. The area is also ideal for short-stay visitors on vacation. The community boasts an excellent location near many of the city’s most popular cultural centres, as well as beaches on the coast of the Arabian Gulf. Residents can enjoy easy access to other prominent neighbourhoods, such as Dubai Marna and Dubai Sports City, which have an abundance of interesting attractions and sports facilities.
Rental units in Jumeirah Village Circle are in high demand among tenants and investors. The community offers many profitable real estate investment opportunities. The return on investment rate for a property in the area ranges from 7.5% to 8%.
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