Bali Residences in Jumeirah Village Triangle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

The cap rate (rental yield) of investments into Bali Residences project is 8.2% on average.

The price of an apartment in Bali Residences is 18,788 AED/sqm on average.

The long term rent of an apartment in Bali Residences is 1,220 AED/sqm/year on average.

About Bali Residences

'Bali Residences' in 'Jumeirah Village Triangle' area project description

Bali Residences is a notable residential project located in the vibrant neighborhood of Jumeirah Village Triangle (JVT) in Dubai. Designed to evoke the serene ambiance of the Indonesian island of Bali, this development is a unique addition to Dubai's diverse real estate market. The project stands out for its meticulous design, picturesque landscaping, and the tranquil atmosphere it provides its residents, making it an attractive option for those seeking a peaceful yet luxurious lifestyle.

Architecturally, Bali Residences is a blend of modern elegance and Balinese-inspired aesthetics. The buildings are designed with clean lines, expansive windows, and natural materials that seamlessly integrate with the lush, landscaped surroundings. The use of timber, natural stone, and greenery in the design pays homage to Balinese traditions, creating a harmonious environment that promotes relaxation and well-being.

The residential units within Bali Residences include a range of apartment types, from cozy one-bedroom units to spacious three-bedroom family homes. Each unit is crafted with meticulous attention to detail, featuring high-quality finishes, contemporary fixtures, and smart home technologies. Open-plan living spaces, modern kitchens, and private balconies are standard in all units, while larger apartments come with additional amenities such as maid’s rooms and more extensive outdoor spaces.

One of the hallmark features of Bali Residences is its extensive range of amenities designed to enhance the living experience of its residents. The development includes multiple swimming pools, including lagoon-style and infinity pools, which are surrounded by tranquil gardens and sunbathing decks. Residents can also enjoy a state-of-the-art fitness center, yoga pavilions, and wellness spa facilities. Children are catered for with dedicated play areas and kid-friendly pools.

To foster a sense of community, Bali Residences offers several social spaces such as barbecue areas, outdoor lounges, and communal gardens. These areas are perfect for socializing with neighbors or hosting gatherings with friends and family. Additionally, the development includes on-site retail options, cafes, and restaurants, providing convenient access to everyday necessities and dining options.

The location in Jumeirah Village Triangle is strategically chosen for its accessibility and connectivity. JVT is a well-established community known for its landscaped parks, community centers, and modern infrastructure. It offers easy access to major highways, providing seamless connectivity to key areas like Downtown Dubai, Dubai Marina, and the Palm Jumeirah. Additionally, residents are within proximity to schools, healthcare facilities, and shopping destinations, ensuring a convenient and well-rounded lifestyle.

Bali Residences in Jumeirah Village Triangle stands as a testament to thoughtful design and luxurious living, offering residents a unique fusion of modernity, comfort, and the tranquil spirit of Bali.

Q&A on Bali Residences

What are the advantages of 'Bali Residences' project in Dubai for property buyers? What are the disadvantages?

Advantages:
1. Prime Location: Bali Residences is situated in Jumeirah Village Triangle (JVT), a well-connected area with easy access to major roads like Sheikh Mohammed Bin Zayed Road, making commuting to other parts of Dubai convenient.
2. Design & Architecture: Inspired by Balinese architecture and landscaping, the project offers a unique and serene living environment, featuring lush greenery, water bodies, and natural elements.
3. Lifestyle Amenities: The project includes an array of high-end amenities such as swimming pools, gymnasiums, play areas, and zen gardens, providing a fulfilling lifestyle for residents.
4. Community Living: JVT is a family-friendly area with parks, schools, retail outlets, and community centers, contributing to a balanced community life.
5. Property Value: As a new development in a well-regarded area, properties in Bali Residences might experience good appreciation, making them a potentially lucrative investment.
6. Developer Reputation: If developed by a reputable developer, the project may offer high-quality construction and timely delivery, ensuring peace of mind for buyers.
7. Rental Yield: With its attractive features and desirable location, the project could attract high rental yields for investors looking to capitalize on Dubai’s rental market.

Disadvantages:
1. Market Fluctuations: Dubai's real estate market can be volatile, and property values might be affected by economic conditions, which could impact investment returns.
2. Construction Delays: If the project faces construction delays, buyers might encounter postponed handover dates, leading to inconveniences and financial strain.
3. Higher Prices: Premium amenities and unique architectural style may come with a higher price tag compared to other developments in the area, possibly limiting the buyer pool.
4. Maintenance Costs: High-end amenities and landscaping typically require substantial maintenance, which could lead to higher service charges for residents.
5. Growth Saturation: JVT, like some other parts of Dubai, has seen rapid growth, and there is a possibility that the area could become saturated with similar projects, affecting exclusivity and property appreciation.
6. Construction Nuisance: During development phases, construction noise and activity could pose a temporary inconvenience for nearby residents.
7. Resale Market Competition: The abundance of similar residential properties in Dubai could make it challenging to resell the property quickly and at a desired price.

What projects are better than 'Bali Residences' project in Dubai which are located close by, and why?

1. Al Khail Avenue Mall Residences:
- Located adjacent to Jumeirah Village Triangle (JVT), offering excellent retail options.
- Superior shopping and dining experiences due to proximity to the large mall.
- Higher rent appreciation potential due to future developments around the mall.

2. The Imperial Residences:
- Located in JVT, known for quality construction and top-notch amenities.
- Offers a balance of luxury and affordability.
- Superior communal facilities such as pools, gyms, and landscaped gardens.

3. Signature Livings by Green Group:
- Sustainable development with eco-friendly construction practices.
- Includes smart-home technology for better energy efficiency.
- High demand due to the growing trend towards green and sustainable living.

4. La Riviera Apartments:
- Close to both Jumeirah Village Circle (JVC) and JVT, allowing residents to access amenities of both areas.
- High-quality finishes and spacious layouts.
- Strong emphasis on community living with numerous social spaces.

5. Bloom Towers by Bloom Properties:
- Located in Jumeirah Village Circle, mere minutes from JVT.
- Comprehensive amenities including multiple swimming pools, gyms, and social lounges.
- Good investor-friendly payment plans and post-handover flexibility.

6. Belgravia by Ellington Properties:
- Premium finishings and contemporary design.
- Emphasis on family living with child-friendly facilities.
- Strong track record of the developer in delivering high-quality residences.

7. Eaton Place by Ellington Properties:
- Offers a boutique living experience with a focus on comfort and privacy.
- High-end interior specifications and attention to detail in design.
- Excellent community amenities including a beautifully landscaped central courtyard.

8. SP Residence by Sheikh Sultan:
- Known for its luxurious appeal and high-end finishing.
- Strategically located for easy access to major highways.
- Excellent security and concierge services ensuring a premier living experience.

All these projects offer unique selling points, whether in terms of sustainable living, luxurious build quality, or investment potential, which make them competitive alternatives to Bali Residences in Jumeirah Village Triangle.

What are the closest schools to 'Bali Residences' project in Dubai?

- Arcadia School: Situated in Jumeirah Village Triangle (JVT) itself, just a short drive from Bali Residences.
- Sunmarke School: Located near the Al Khail Road in Jumeirah Village Triangle, providing British and IB curriculums.
- Dubai British School: Located in Emirates Hills, approximately 10 minutes drive from JVT.
- Nord Anglia International School: Found in Al Barsha, about 15 minutes away by car.
- GEMS Founders School: Situated in Al Barsha South, roughly a 15-minute drive from JVT.
- Dubai International Academy: Located in Emirates Hills, which is about a 10-minute drive from Jumeirah Village Triangle.
- JSS International School: Located in Jumeirah Village Circle (JVC), which is adjacent to Jumeirah Village Triangle.

What are the closest medical clinics to 'Bali Residences' project in Dubai?

- Mediclinic Me'aisem: Located in City Centre Me'aisem, right on Sheikh Mohammed Bin Zayed Rd, Jumeirah Village Triangle.
- Americare Medical Centre: Situated in P17 Building, Al Waha St., Jumeirah Village Circle, next to Jumeirah Village Triangle.
- Right Health Karama Medical Centre Jumeirah: Found in Jumeirah Village Circle Street, near Jumeirah Village Triangle.
- Aster Clinic, Jumeirah Village Circle: Positioned in Seasons Community, Autumn Cluster 24, Jumeirah Village Circle.
- Medicentres Jumeirah Park: Located in Pavilion Jumeirah Park, next to Jumeirah Village Triangle.