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Travo Riverside Residence

About the project

Travo Riverside Residence is a multi-storey residential complex in The Views area of Dubai. This residential complex consists of two separate buildings: Travo A and Travo B. The property was commissioned in 2007. The project was developed by Emaar Properties.

In Travo Riverside Residence you can buy studio apartments, as well as apartments with 1, 2 or 3 bedrooms. All apartments have fully equipped kitchens. A feature of the apartments in this residential complex are high ceilings, visually increasing the living space. This apartment complex has beautiful lake views between The Views and The Greens.

The complex has a courtyard for walking, a barbecue area, gym, children’s playground, as well as adult and children’s pools. Residents of the complex can also use the underground parking. The security of the tenants of this residential complex is ensured by round-the-clock security. To improve security the entry and exit to Travo Riverside Residence is via checkpoint.

In this residential complex you can buy apartments ranging in size from 853 sq.f. (79 sq.m.) to 2,386 sq.ft. (221 sq.m.). Properties in Travo Riverside Residence start at AED 1,000,000 (USD 272,000).

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Location

Travo Riverside Residence has a convenient location and is located next to the highway Sheikh Zayed Rd, thanks to which the residents of the complex can reach in a short time by public or private transport:

  • Al Maktoum International Airport in 25 minutes;
  • Palm Jumeirah in 10 minutes;
  • Mall of the Emirates in 11 minutes;
  • Promenade The Walk JBR in 15 minutes;
  • Downtown Dubai in 19 minutes;
  • Waterfront The Walk JBR in 15 minutes;
  • Downtown Dubai-19 min;
  • Dubai Marina in 9 minutes.

There are two metro stations Nakheel and Dubai Internet City in the vicinity of The Views. There is also a public transport stop close to the apartment complex. There are several supermarkets and Asian markets in the area.

There are several nurseries in The Views area, as well as Jumeirah International Nursery and Gardenia Nurser. In the neighboring district of The Greens is the Regent International Private School. This school has a UK curriculum. Not far from Dubai Internet City Metro there is American University.

There are also several medical centers and hospitals in this area: Al Zahra Hospital, Saudi German Hospital and GMC Clinics Centre.

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Payback

Buying an apartment in Travo Riverside Residence gives you the opportunity to count on a gross annual yield of 5-5.5%. The cost of renting an apartment in this residential complex depends on the configuration of the apartments. The average price starts from AED 100,000 (USD 27,000) per year. Such figures suggest that the purchase of apartments in this residential complex will pay for themselves within 10-15 years.

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