The Orchard Place is a mid-segment residential complex by Peak Summit Real Estate Development. It is located in Jumeirah Village Circle (JVC). This stunning development consists of two buildings, one with 23 storeys and the other with 30 storeys, featuring four podium levels. Inspired by the iconic skyscrapers of New York City, the developer has created a contemporary and stylish living space.
The development offers a range of property options to suit various needs and preferences. These include penthouse lofts, studios, 1-2 bedroom apartments, 3-bedroom duplexes, and 3-bedroom penthouses and duplex penthouses. With sizes ranging from a cosy 520 sq. ft to a spacious 3,303 sq. ft, there is something for everyone.
The residences are complemented with balconies and panoramic windows for maximum sunlight. Duplex owners will have an oversized terrace with a floor level built-in swimming pool at their disposal. At the same time, penthouses come with a double-height living room, a spacious terrace, and a high-level pool.
Residents of The Orchard Place will enjoy a plethora of on-site amenities designed to enhance their lifestyle. These include:
As of Q4 2023, the starting price for a 1-bedroom property in The Orchard Place is AED 917K (USD 250K). A duplex can be acquired for AED 3.5M (USD 953K), while a penthouse loft costs a minimum of AED 1.7M (USD 463K). The initial cost of a penthouse stands at AED 4.56M (USD 1.24M).
*The price is valid for 2023
The Orchard Place is nestled within the vicinity of Al Khail Road, which enables occupants to easily reach popular destinations across the emirate. For instance, Dubai Marina, Palm Jumeirah, Downtown Dubai, Business Bay and Dubai International Airport are accessible within a 10-minute driving range.
Those who prefer public transport can use the JVC, Season Community Autumn bus stop nearby.
It will take about 10 minutes by car to get to various supermarkets, schools, medical centres, shopping malls and more. Among them are:
The Orchard Place is due for handover in Q3 2026. The developer offers a favourable 60/40 payment plan, with only a 10% down payment required. During construction and upon completion, 50% and 40% instalments, respectively, are due.
Real estate in this complex can be a profitable investment, as you have the opportunity to rent it out and earn passive income. The starting rental price for a 1-bedroom apartment in JVC is AED 42K (USD 11K) per year, with an average ROI of 8.4% in the area.
Foreign owners will have the option to apply for a 2-year UAE visa for themselves, their spouse, and children. If you purchase a residence with a minimum cost of AED 2M (USD 545K), you will be eligible for a Golden visa, valid for 10 years. This visa also allows you to sponsor domestic staff in addition to family members.
*The price is valid for 2023
The developer is Peak Summit Real Estate Development.
It is situated in Jumeirah Village Circle.
Among the proposed properties are penthouse lofts, studios, 1-2 bedroom apartments, 3-bedroom duplexes,d 3-bedroom penthouses and duplex penthouses.
It is due for handover in Q3 2026.
The developer offers a favourable 60/40 payment plan, with only a 10% down payment required. During construction and upon completion, 50% and 40% instalments, respectively, are due.
As of Q4 2023, the starting price for a 1-bedroom property in The Orchard Place is AED 917K (USD 250K). A duplex can be acquired for AED 3.5M (USD 953K), while a penthouse loft costs a minimum of AED 1.7M (USD 463K). The initial cost of a penthouse stands at AED 4.56M (USD 1.24M).
Yes, you can obtain residency as a property owner in The Orchard Place.
Foreign owners will have the option to apply for a 2-year UAE visa for themselves, their spouse, and children. If you purchase a residence with a minimum cost of AED 2M (USD 545K), you will be eligible for a Golden visa, valid for 10 years. This visa also allows you to sponsor domestic staff in addition to family members.
Yes, since the complex is freehold.
Real estate in this complex can be a profitable investment, as you have the opportunity to rent it out and earn passive income. The starting rental price for a 1-bedroom apartment in JVC is AED 42K (USD 11K) per year, with an average ROI of 8.4% in the area.
The Orchard Place is a great place for single individuals, young couples and families with children. The complex is located in a leafy area with access to excellent infrastructure. You will have access to multiple amenities, including an infinity swimming pool with an island, a cinema, a gym with a terrace for yoga/stretching, a padel tennis court, basketball and football facilities, and a common area for business meetings and events.
In the Jumeirah Village Circle neighbourhood, there are supermarkets, schools, and medical facilities. Among them are Little Wonders Nursery JVC, JSS International School, Aster Clinic — JVC, and more.
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