Plazzo Residence is a five-storey residential development located in Jumeirah Village Triangle, District 2, Dubai. The project was developed by Plazzo Development Real Estate, and the architectural design was implemented by Federal Engineering Consultants. The main construction work was carried out by Dubai Walls Constructions. The building’s construction started in 2014, and it was commissioned in 2016.
Properties include studios and one- to two-bedroom apartments that are available to buy and rent. Studios range in size from 412 sq. ft. to 481 sq. ft. One-bedroom apartments range in size from 801 sq. ft. to 842 sq. ft. Two-bedroom apartments range in size from 1,100 sq. ft. to 2,422 sq. ft.
Studios have balconies, bathrooms, kitchens, and built-in wardrobes. Apartments feature spacious bedrooms, ensuite bathrooms, dressing rooms, kitchenettes, fitted cupboards, and large balconies. Two-bedroom apartments have additional guest bathrooms, office areas, and staff accommodations.
The building offers a variety of amenities and services, including:
Properties range in price from AED 300,000 (USD 82,000) to AED 1,500,000 (USD 408,000).
*The price is valid for 2021
Residents prefer to travel around the area using personal vehicles and cabs. Dubai International Airport and Al Maktoum International Airport can be reached within a 25- to 30-minute drive of the residences.
The complex is situated near many social, commercial, and leisure facilities, including:
The complex is also located within a 10-minute drive of several popular attractions, including:
Jumeirah Village Triangle is a residential area with many townhouses, villas, and multi-storey residences. The community is conveniently located near Sheikh Mohammed Bin Zayed Road, which provides easy access to other parts of the emirate.
Plazzo Residence offers properties that have a return on investment rate that ranges from 5.75% and 7.18%, depending on the unit. Annual rental rates range from AED 28,000 (USD 8,000) to AED 49,000 (USD 13,000). Real estate investments can be recouped within 16 to 20 years.
*The price is valid for 2021
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