Park Corner

Park Corner is a residential complex located in Jumeirah Village Circle, Dubai. The project was developed by Gulf Technical Construction Company. The building’s construction was completed in 2015. Properties include duplexes, studios, and one- to three-bedroom apartments that are available to buy and rent.

The building provides a variety of amenities, including a swimming pool, a gym, well-kept gardens, children’s playgrounds, lounge areas, recreation rooms, high-speed elevators, parking on the ground floor, outdoor event spaces, and a barbecue area.

Apartments have comfortable layouts, which include bedrooms, bathrooms, living rooms, kitchens, dining rooms, study areas, laundry rooms, and staff accommodations. Duplex apartments also have spacious terraces and range in size from 400 sq. ft. to 2,200 sq. ft.

One-bedroom apartments cost approximately AED 525,000 (USD 143,000), and two-bedroom apartments have a starting price of AED 750,000 (USD 204,500). Annual rental rates range from AED 28,000 (USD 8,000) to AED 95,000 (USD 26,000).

Dubai offers many profitable real estate investment opportunities. Jumeirah Village Circle has a well-developed infrastructure and plenty of social and leisure facilities. As a result, properties in the area are constantly increasing in value, which can generate profits.

Studios have the highest return on investment rate of 6.5%. One-bedroom apartments have a return rate of 6.3%, and two-bedroom apartments have a return rate of 6.1%. The estimated payback period on investments ranges from 15 to 20 years.