Serenity Lakes 5 is a five-storey residential complex that is currently under construction in Jumeirah Village Circle, Dubai (District 10). The project is being developed by Awtad Real Estate and is set to be commissioned by the end of this year.
Properties include studios and one- to three-bedroom apartments that are available to buy and rent. Units feature beautiful interiors, balconies, large windows, and equipped kitchens. Apartments can come fully furnished or unfurnished. The basement level and ground floor will have commercial facilities, including cafes and shops.
The complex provides a variety of amenities and services, including:
Studios have a minimum size of 37 sq. m (400 sq. ft.) and a starting price of AED 401,000 (USD 109,000).
*The price is valid for 2021
Serenity Lakes 5 is located in a community with good transport accessibility. Residents have easy access to Al Khail Road, which provides direct links to other parts of the emirate. The nearest public transportation stop, JVC – Noor Residences, is situated within a two-minute drive of the residences. For groceries and household goods, residents can shop at VIVA Supermarket – JVC, which can be reached within four minutes.
The complex is situated within a short drive of many popular destinations, including:
Jumeirah Village Circle is one of Dubai’s most family-friendly communities. Residents have everything needed for a comfortable living environment. There are several social and leisure facilities that are situated within a 10- to 15-minute drive of the complex. There are also many schools, kindergartens, supermarkets, and outdoor recreation areas located in the community.
One of the many advantages of living in Jumeirah Village Circle is its excellent transportation network, as well as its low housing costs compared to other prestigious communities in Dubai. As a result, properties are in demand among investors. Residential units vary greatly throughout the area and have different payback periods. Properties have an average return on investment rate of approximately 6%, depending on the size and configuration of the unit.
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