Sobo Residence is a residential complex located in Jumeirah Village Circle. The project was commissioned in 2018.
Properties include studios and one- to two-bedroom apartments that feature open kitchens, built-in wardrobes, spacious balconies, and panoramic windows that offer beautiful views of the city. Some rental units come fully furnished and ready to move in.
The complex provides a variety of amenities and services, including:
Studios have a minimum size of 56 sq. m (600 sq. ft.). One-bedroom apartments have a starting price of AED 540,000 (USD 147,000).
*The price is valid for 2021
Sobo Residence is located in a community with good transport accessibility. Residents have easy access to Al Khail Road. The nearest public transportation stop, Season Community Summer, can be reached within a 10-minute walk of the complex. Shorooq Al Ward Cafeteria is situated within a five-minute walk.
JSS International School is located within 15 minutes of the residences. Dubai Sports City can be reached within a 10-minute drive and offers a wide range of stadiums and sports grounds that host large-scale events throughout the year.
For groceries and household goods, residents can shop at Choithrams Manhattan Tower JVC supermarket, which is situated within a 10-minute drive of the apartments, and VIVA Supermarket – JVC can be reached within a 15-minutes drive.
The complex is located within a short drive of several popular destinations, including:
Jumeirah Village Circle is conveniently located in Dubai. There are many famous tourist attractions, cultural centres, and business districts that can be reached within a 15- to 20-minute drive of the community. Residents have easy access to Dubai Sports City and Al Maktoum International Airport. As a result, properties are in demand among tenants and investors.
Studios in Jumeirah Village Circle have a 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%. Real estate in the area is slightly cheaper than in other prestigious communities in Dubai.
The annual rental rate for a one-bedroom apartment starts at AED 48,000 (USD 13,000).
*The price is valid for 2021
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