Masaar Residence
About the project Masaar Residence
(sq. ft.)
Masaar Residence is a residential complex located in the luxurious community of Jumeirah Village Circle. The project was developed by Khamas Group and completed in 2014. Properties include studios and one- to two-bedroom apartments that feature beautiful views of the surrounding area, luxurious green spaces, and landscaped gardens.
The complex provides a variety of amenities and services, including:
- Covered parking with hundreds of spaces
- Round-the-clock security and video surveillance
- High-speed elevators
- Modern gym
- Sauna and steam bath
- Swimming pool with temperature controls
- ATM
- Central air conditioning
- Children’s playground
Studios have a minimum size of 45 sq. m (484 sq. ft.). One-bedroom apartments have a minimum size of 82 sq. m (878 sq. ft.), and two-bedroom apartments have a minimum size of 92 sq. m (997 sq. ft.).
Studios have a starting price of AED 435,000 (USD 119,000), and one-bedroom apartments have a starting price of AED 750,000 (USD 204,000).
*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 Residential Building
- Units 1-2BR
- Area from 484 sq. ft.
Location
Masaar Residence is located at the intersection of Al Khail Road and Sheikh Mohammed Bin Zayed Road. Residents have easy access to nearby schools, restaurants, hotels, supermarkets, entertainment venues, and medical facilities. The community is situated next to other prominent neighbourhoods, such as Dubai Marina, Al Barsha, and Dubai Sports City. Sheikh Zayed Road can be reached within a 10-minute walk of the residences.
The nearest bus stops, Sandoval Land Apartments 1 and Season Community Autumn, are located within a three-minute drive of the complex. The nearest Metro station, Dubai Internet City, can be reached within 12 minutes.
Residents can choose from a selection of local restaurants and cafes. Pinza is situated within a 15-minute walk of the building. Burger Live JVC and Pide Keyfi Turkish Restaurant can be reached within a five-minute drive, and Jeita Restaurant is located within a 15-minute drive.
For groceries and household goods, residents can shop at Greens Supermarket, Bluemart, and West Zone Supermarket, which can be reached within a five- to 10-minute drive of the residences.
The complex is located within a short drive of several popular destinations, including:
- Evershine One Building, National Bonds Residence, Pera Villa Residence, Like View Restaurant, and Desert Wok Restaurant – 5 minutes
- Dubai International Stadium, Dubai Autodrome, and Dubai Miracle Garden – 10 minutes
- Al Maktoum International Airport and Dubai Downtown – 25 minutes
Payback
Jumeirah Village Circle is home to many attractions and leisure facilities. In addition, the area is conveniently located near Dubai Marina, Internet City, Media City, and JLT.
According to the Bayut website, one-bedroom apartments are the most sought-after properties in Masaar Residence. Units are in demand among those looking to live in a comfortable, family-friendly environment.
Studios in Masaar Residence have an annual rental rate that starts at AED 26,000 (USD 7,000). One-bedroom apartments have an annual rental rate that starts at AED 36,000 (USD 10,000), and two-bedroom apartments have an annual rental rate that starts at AED 50,000 (USD 14,000). Properties are popular among tenants and investors. Units have a return on investment rate that can reach up to 8.1%.
*The price is valid for 2021
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Metropolitan Premium Properties
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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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