Magnolia Residence

Magnolia Residence is a four-storey residential complex located on the main street of Jumeirah Village Circle, Dubai. It is part of the larger Emirates Garden 2 development. The building features unique architectural designs that combine Mediterranean and Arabic motifs. The facade has a classical style due to an abundance of arches, porticos, projecting balconies, and figurative railings that are reminiscent of aristocratic mansions of previous centuries. The project was developed by DAMAC Properties in 2010.

Properties include studios and one-bedroom apartments. Studios range in size from 485 sq. ft. to 538 sq. ft. and have living rooms, bathrooms, kitchens, and balconies. Apartments range in size from 978 sq. ft. to 1,200 sq. ft. and have one bedroom and two bathrooms. All units have furnished open- or closed-plan kitchens and bedrooms with built-in closets.

Ground-floor and rooftop spaces are allocated for shared amenities. Residents can enjoy a fitness centre, swimming pool, gym, sauna, children’s playground, landscaped garden, and barbecue area. The building also provides covered parking, elevators, and 24-hour video surveillance.

Properties have a starting price of AED 385,000 (USD 101,500).

Magnolia Residence is located in Jumeirah Village Circle, one of Dubai’s most popular, family-friendly communities. The building is located between Sheikh Mohammed Bin Zayed Road and Al Khail Road, which provide direct routes to other parts of the emirate. Residents have easy access to the centre of the community, and Circle Community Park is situated within a five-minute walk of the residences. There is a nearby bus stop, and there are retail outlets, including Blue Mart, that can be found on the first floor of the complex. Apartments are located within walking distance of landscaped parks, which have jogging and cycling paths, as well as sports facilities.

Magnolia Residence offers many profitable real estate investment opportunities. Properties have an average return on investment rate of 7%. As a result, studios and apartments at Magnolia Residence are in constant demand among investors. The neighbourhood provides a quiet, family-friendly living environment, and properties at Magnolia Residence are subject to freehold status.