Monte Carlo Residence
About the project Monte Carlo Residence
(sq. ft.)
Monte Carlo Residence is a residential complex located in Jumeirah Village Circle, Dubai. The project was developed by Portofino Real Estate Development. Construction of the building began in 2015 and was completed in 2017.
Residents can enjoy a variety of amenities and services, including:
- Fitness centre
- Equipped gym
- Swimming pool
- Parking
- High-speed elevators
- 24-hour security with video surveillance
- Modern fire safety system
- Central air conditioning
There are a total of 52 studios and one- to two-bedroom apartments that range in size from 37 sq. m (399 sq. ft.) to 78 sq. m (840 sq. ft.).
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Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units Studios-2BR Apartment
- Area from 399 sq. ft.
- Total Amount of Units 52
Location
Monte Carlo Residence is located in Jumeirah Village Circle (District 10). Dubai International Airport and Al Maktoum International Airport can be reached within a 30-minute drive of the complex. Residents have access to public transportation, including buses, cabs, and the Metro. The Mall of the Emirates and Marina Mall are situated within a short drive.
Residents can take advantage of local educational institutions, such as JSS International School, Nord Anglia International School Dubai, Sunmarke School, Dubai Schools Al Barsha, GEMS World Academy, International School of Creative Science, and Kent College Dubai.
Residents can choose from a selection of nearby restaurants and cafes, such as KFC, Bawarchi Indian Restaurant, Like View Restaurant, Salé Sucré Pâtisserie, and Pastry and Ideas. For themed restaurants, residents can go to Chicks and Salsa, Los Chapitos Family Brunch, the Irish Village Studio City, Family Friday Brunch, Saturday Brunch, and Hitchki, Queens Night, which are located within a 15- to 20-minute drive of the residences.
The complex is situated within a short drive of several popular destinations, including:
- Sabar Park, Roolh Park, Remram Park, and the Els Golf Club – 5 minutes
- Jumeirah Golf Estates Golf Course and Reel Cinemas at the Springs Souk – 5 minutes
- Dubai Miracle Garden, the Storm, Ski Dubai, Montgomerie Golf Course, Reel Cinemas, Dubai Marina Mall, and Vox Cinemas at Mall of the Emirates – 10 minutes
- Burj Al Arab – 15 minutes
- The Walk JBR – 20 minutes
Payback
Residents of Monte Carlo Residence have easy access to neighbouring residential communities, such as Victory Heights, Sports City, the Springs, Jumeirah Village Triangle, and Palm Jumeirah. The complex offers modern studios that are available at attractive prices.
Studios in the Jumeirah Village Circle have a return on investment rate of 6.5%, and apartments have a return rate of 6.3%. The annual rental rate for a one-bedroom apartment starts at AED 45,000 (USD 12,000), and the annual rental rate for a studio starts at AED 28,000 (USD 8,000).
*The price is valid for 2021
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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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