Nargis Residences
About the project
(sq. ft.)
Nargis Residences is a five-storey residential complex located in Jumeirah Village Circle, Dubai (District 13). The complex was commissioned in 2019.
Properties include studios and one- to two-bedroom apartments that range in size from 450 sq. ft. to 1,300 sq. ft. Studios have large corridors, open-plan kitchens, and separate bathrooms. Apartments also have balconies and at least two bathrooms.
The complex provides a variety of amenities and services, including:
- Underground parking for owners and tenants
- High-speed lifts
- 24-hour security and video surveillance
- Swimming pool
- 24-hour concierge services
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Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units Studios - 2BR Apartments
- Area from 450 sq. ft.
Location
The nearest bus stops, Emirates Garden Rose 2 Apartments 1, Samer Park, and Sandoval Lane Apartments 1, are located within a five-minute walk of the residences. Dubai International Airport and Al Maktoum International Airport can be reached within a 30-minute drive.
The complex is situated near many social, leisure, and commercial facilities, including:
- City Centre Me’aisem
- Needs Supermarket, Cistys Supermarket, Spinneys, and Starmart Supermarket
- Desert Wok Restaurant, Deccan Delight Restaurant, and Salt & Chillis Restaurant
- Dubai Heights Academy, Sunmarke School, and Victory Heights Primary School
- Medclinic Parkview Hospital
- LIFE Pharmacy
- JVC Community Park and District 13-2 Community Park
The building is also located within a 10- to 15–minute drive of several popular destinations, including:
- Dubai International Stadium, a sports venue that hosts international cricket matches
- The Mall of the Emirates, a famous shopping centre with retail outlets, restaurants, and entertainment venues
- Al Barsha Pond Park, a family-friendly park with sports facilities
Payback
Jumeirah Village Circle is a well-developed community that is conveniently located near many major highways. Residents have easy access to all of the necessary facilities needed to ensure a comfortable living environment.
Properties at Nargis Residences are in high demand among tenants and investors. Units have a return on investment rate of 7%. Annual rental rates range from AED 38,000 (USD 10,000) to AED 60,000 (USD 16,000), and the estimated payback period ranges from 15 to 18 years.
*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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