Tower 108
About the Project
(sq. ft.)
Tower 108 is located in Jumeirah Village Circle (JCV) and is part of the JVC District 18 community. The project was developed by DAMAC Properties, and Engineering Consortium Consulting Engineers oversaw the architectural design. The complex was fully commissioned in 2015, and the project includes a 33-storey building with a cream-coloured façade.
Tower 108 consists of 338 units and offers fully furnished studios and one- to three-bedroom apartments. Properties range in size from 413 sq. ft. (38 sq. m) to 1,784 sq. ft. (166 sq. m). Residents can enjoy panoramic windows and balconies featuring beautiful views of the surrounding area.
Tower 108 offers a variety of amenities, including:
- Swimming pool
- Spa
- Fitness club
- Gym
- High-speed lifts
- Parking
- 24-hour security
- Supermarket and restaurant on the ground floor
- Easy access to Al Khail Road
Properties range in price from AED 350,000 (USD 95,000) to AED 1,500,000 (USD 408,000), and there is an entire floor with 14 units that can be purchased for AED 7,500,000 (USD 2,042,000).
*The price is valid for 2021
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Location
Tower 108 is situated just after the Al Khail Road exit on Jumeirah Village Street 1. The area’s network of highways provides easy access to other parts of the emirate, including a link to Sheikh Mohammed Bin Zayed Road where there is an abundance of entertainment venues and sports facilities. Residents can enjoy nearby golf courses, horse riding facilities, stadiums, driving ranges, and theme parks.
The complex is located near several schools, stores, restaurants, and essential service providers. Cart Supermarket – Arcadia Tower, Nahdi Pharmacy, Community Park, BROZe’ Beauty Lounge, E-Fit EMS Fitness, Chin Chin Restaurant, and Ardh Alsham Bakery can be reached within a five-minute walk of the residences. UEG School and Kids World Nursery can be reached within a 15-minute walk.
The nearest bus stop, JVC – Sandoval Lane Apartments 1, is located within a 10-minute walk of the complex. Residents can visit many city attractions within a short drive, including:
- Circle Mall – 10 minutes
- Dubai Sports City Stadium – 15 minutes
- Dubai Butterfly Garden – 15 minutes
- Cityland Mall – 15 minutes
- Downtown Dubai – 20 minutes
- Dubai International Airport – 25 minutes
The nearest medical facilities are located in the Al Barsha district, which can be reached within a 15-minute drive of the residences. The Abu Dhabi University – Dubai Campus and Dubai Knowledge Park can also be reached within a 15-minute drive.
Payback
Tower 108 offers many profitable real estate investment opportunities. The complex provides a comfortable place to live for young couples, professionals, and families with children. The building is located in a developed area, and residents have access to an abundance of facilities and amenities situated within walking distance of the complex.
Properties in the JVC area have a return on investment rate of 6.32%. The annual rental rate for a unit at Tower 108 ranges from AED 32,000 (USD 9,000) to AED 85,000 (USD 23,000). Investors should note that properties are serviced by a hotel, so a portion of the rental income has to be paid to the management company for the maintenance and upkeep of the apartments.
*The price is valid for 2021
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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