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Taraf Residence

Taraf Residence

About the project

Starting Price from
St.-2BR Available Units
Area from
()
2019 Handover

Taraf Residence is a six-storey residential complex located in Jumeirah Village Circle, Dubai. The project was developed by Taraf Properties and was completed in 2019. Properties include studios and one- to two-bedroom apartments.

Studios range in size from 650 sq. ft to 750 sq. ft. and have living rooms, dining rooms, bathrooms, open-plan kitchens, and balconies. One-bedroom apartments range in size from 890 sq. ft. to 1,150 sq. ft. and include two bathrooms, dining areas, equipped kitchens, and spacious balconies. Two-bedroom apartments range in size from 1,355 sq. ft. to 1,825 sq. ft. and feature three bathrooms, large living rooms, open-plan kitchens, and panoramic balconies.

Properties have a minimum price of USD 240,000 (AED 890,000).

The building provides a variety of amenities, including 24-hour security services, high-speed elevators, underground parking, a fully equipped gym, and a swimming pool.

*The price is valid for 2021

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Property Information

Location

Taraf Residence is conveniently located near many social and leisure facilities. Residents have easy access to Al Khail Road and Sheikh Mohammed Bin Zayed Road, which provide direct routes to other parts of the city, such as Dubai Marina, Al Barsha, and Jumeirah Lake Towers. Residents can enjoy nearby shopping malls, restaurants, and recreational facilities.

Jumeirah Village Circle has a vast public transportation network. The nearest bus stop, Diamond Views 3, and the nearest Metro station, Mall of the Emirates, can be reached within a five-minute walk of the complex. For groceries and household goods, residents can shop at Express Cart, Greens, and Jyothi’s, which are also situated within a five-minute walk.

Residents can take advantage of local educational institutions. Kids World Kindergarten and JSS International School are located within 10 minutes of the residences. For medical care, Karama, a multidisciplinary clinic, can be reached within a 10-minute walk.

Residents can choose from a selection of nearby restaurants and cafes. Food Chalet Restaurant, Bawarchi Indian Restaurant, Marmarita Restaurant, Coop Restaurant, and Lokmat Baladna are situated within a five- to 10-minute walk of the building.

The complex is located within a short drive of many popular destinations, including:

  • Mall of the Emirates – 5 minutes
  • Kite Beach – 10 minutes
  • Dubai International Cricket Stadium – 10 minutes
  • Dubai Miracle Garden, a large natural flower garden – 10 minutes
  • Dubai Autodrome, a popular attraction for motorsports enthusiasts – 15 minutes
  • Dubai International Airport – 30 minutes
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Payback

One-bedroom apartments are the most popular properties at Taraf 1 Residence. They have a return on investment rate of 6.2% and a minimum annual rental rate of USD 8,000 (AED 29,000).

Jumeirah Village Circle is a family-friendly community that boasts a range of amenities, as well as many affordable housing options. As a result, demand for properties among tenants and investors is expected to increase in the coming years.

*The price is valid for 2021

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