Park One is a five-storey residential complex located in Jumeirah Village Triangle, District 1, Dubai. Commissioned in 2018, the project was developed by Swiss Property and Quilvest Holdings Ltd., and the architectural design was implemented by Archgroup Consultants. The main construction work was carried out by Dubai Walls Constructions.
There are 56 residential units, including studios and one- to two-bedroom apartments. Properties feature wood flooring and plenty of windows, which provide natural light. Studios have fully fitted kitchens, modern bathrooms, fitted wardrobes, hallways, and sleeping areas. Some studios also have balconies. Apartments have large living rooms, kitchens, dining rooms, guest bathrooms, balconies, bedrooms with ensuite bathrooms, and built-in wardrobes. Two-bedroom apartments also have laundry rooms and walk-in wardrobes.
The complex provides a variety of amenities and services, including:
Properties range in size from 534 sq. ft. to 1,785 sq. ft. and range in price from AED 420,000 (USD 114,000) to AED 1,500,000 (USD 408,000).
*The price is valid for 2021
The area does not have any public transportation stops. However, residents can easily travel around using personal vehicles and cabs. Dubai International Airport is located within a 30-minute drive of the residences, and Al Maktoum International Airport can be within a 35-minute drive.
The complex is also located within a 10- to 15-minute drive of several popular destinations, including:
The complex is situated near many social, commercial, and leisure facilities, including:
District 1 offers a modern living environment with plenty of first-class amenities. Residents can take advantage of many local parks, which provide a tranquil atmosphere. The area also has good transport accessibility.
As a result, properties at Park One are in demand among tenants and investors. Residential units have a return on investment rate that can reach up to 6.8%. Annual rental rates range from AED 30,000 (USD 8,000) to AED 55,000 (USD 15,000).
*The price is valid for 2021
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