La Residence in Jumeirah Village Triangle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in La Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	46	1,061	49,167
1	70	1,006	70,700
2	112	1,090	122,575
3	190	947	180,000

The cap rate (rental yield) of investments into La Residence project is 9.2% on average.

The price of an apartment in La Residence is 11,924 AED/sqm on average.

The long term rent of an apartment in La Residence is 1,040 AED/sqm/year on average.

Rent for Studio apartment in La Residence is 49,167 AED or 1,061 AED/sqm.
Rent for 1 bedroom apartment in La Residence is 70,700 AED or 1,006 AED/sqm.
Rent for 2 bedroom apartment in La Residence is 122,575 AED or 1,090 AED/sqm.
Rent for 3 bedroom apartment in La Residence is 180,000 AED or 947 AED/sqm.

About La Residence

'La Residence' in 'Jumeirah Village Triangle' area project description

La Residence is an exquisite residential development situated in the heart of Jumeirah Village Triangle (JVT), one of Dubai's most sought-after neighborhoods. This elegant project is a symbol of modern urban living, catering to both families and individuals looking for a harmonious blend of luxury, convenience, and tranquility.

Developed by La Residenza, La Residence offers a selection of meticulously designed apartments, ranging from stylish studios to spacious three-bedroom units. Each apartment is thoughtfully crafted to optimize space and natural light, featuring contemporary finishes, high-quality fixtures, and expansive windows that offer breathtaking views of the surrounding community and the city's skyline. The architecture of La Residence embodies a sleek, modern aesthetic, marked by clean lines and a sophisticated facade.

Residents of La Residence are greeted by an impressive lobby that sets the tone for the luxury that permeates throughout the building. The interiors reflect a sense of understated elegance, with open-plan living areas, fully-equipped kitchens, and well-appointed bathrooms. Every detail, from the flooring to the cabinetry, is designed to the highest standards, ensuring a lifestyle of comfort and refinement.

The amenities at La Residence are nothing short of spectacular. The development boasts a host of facilities that enhance the living experience, including a state-of-the-art fitness center, a temperature-controlled swimming pool, and a serene landscaped garden. There is also a dedicated children's play area, ensuring that families have ample recreational space. For social gatherings and relaxation, residents can take advantage of the multi-purpose room and the BBQ area, fostering a sense of community within the development.

Security and convenience are paramount at La Residence. The building is equipped with 24-hour security and concierge services, along with ample parking spaces. The strategic location of Jumeirah Village Triangle further enhances its appeal. La Residence is well-connected to major road networks, providing easy access to Dubai's key destinations, including business districts, shopping malls, schools, and healthcare facilities. The surrounding area features lush parks, cycle tracks, and various retail outlets, offering a perfect balance of urban living with a touch of nature.

In summary, La Residence in Jumeirah Village Triangle stands out as a premier residential address, offering luxurious living spaces, exceptional amenities, and a vibrant community atmosphere. Its prime location and meticulous design make it an ideal choice for those seeking a sophisticated urban lifestyle in the dynamic city of Dubai.

Q&A on La Residence

What are the advantages of 'La Residence' project in Dubai for property buyers? What are the disadvantages?

Advantages of 'La Residence' in Jumeirah Village Triangle (JVT), Dubai:

1. Strategic Location: Jumeirah Village Triangle offers a prime location with easy access to key areas of Dubai, such as Dubai Marina, Jumeirah Lakes Towers, and Downtown Dubai. Its proximity to major highways like Sheikh Mohammed Bin Zayed Road makes commuting convenient.

2. Family-Friendly Environment: La Residence in JVT is designed to be a family-friendly community with a plethora of parks, schools, and recreational areas. The neighborhood is quiet and ideal for families.

3. Affordable Luxury: Relative to other prime Dubai locations, properties in JVT offer luxury at more affordable prices, making it an appealing option for buyers looking for value for money.

4. Community Amenities: The JVT area offers a variety of amenities such as fitness centers, swimming pools, landscaped gardens, and retail centers, which are designed to cater to the needs of residents.

5. Diverse Property Options: Buyers can choose from a range of property types, including apartments, townhouses, and villas, providing flexibility that caters to different lifestyle needs and budgets.

6. Potential for Appreciation: As a developing community, JVT has significant potential for property value appreciation as infrastructure and community developments continue to grow.

7. Quality of Construction: La Residence is noted for its high-quality construction and modern design, appealing to buyers who value aesthetic and build standards.

Disadvantages of 'La Residence' in Jumeirah Village Triangle (JVT), Dubai:

1. Construction Activity: Being a developing area, parts of JVT may have ongoing construction, which might be disruptive and impact the desirability of living there temporarily.

2. Public Transport Limitations: Currently, JVT has limited public transport options compared to more central and established areas of Dubai, which can be a drawback for those without a private vehicle.

3. Lower Investment Liquidity: Given that La Residence and JVT are not as high-profile as areas like Downtown Dubai or Palm Jumeirah, properties may take longer to sell or rent, potentially impacting investment liquidity.

4. Community Maturity: Though JVT is growing, it is still maturing in terms of community feel and infrastructure compared to older and more established neighborhoods in Dubai.

5. Amenities Variation: While JVT offers good amenities, they might not match up fully to the level of some other more affluent areas in Dubai, which could be a consideration for luxury-focused buyers.

Assessing these aspects can help buyers make an informed decision about investing in La Residence at JVT.

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

- Al Manara Tower: Offers luxurious finishes and high-end amenities such as a state-of-the-art gym, swimming pool, and landscaped gardens.
- The Imperial Residence: Known for spacious layouts and exceptional community facilities, including multiple pools, a gym, and children's play areas.
- Plaza Residences: Distinguished by its Mediterranean-inspired architecture and features such as a large swimming pool, fitness center, and proximity to key community services.
- Fortunato: Offers unique townhouse-style units with larger living spaces, private gardens, and comprehensive community amenities including tennis courts and jogging tracks.
- O2 Tower: Features modern design, luxurious interiors, and a sky lounge with panoramic views, along with a full suite of amenities like a business center and fitness facilities.
- Signature Livings: Prioritizes sustainability with eco-friendly design, advanced insulation, and energy-efficient systems, while still offering high-end amenities like a rooftop pool and fitness center.
- The One Tower: Notable for its prime location with easy access to main roads, high-quality finishes, and a wide range of amenities including a fully equipped gym and retail spaces.

These projects stand out due to their superior amenities, design concepts, and overall better value propositions compared to 'La Residence'.

What are the closest schools to 'La Residence' project in Dubai?

- Arcadia School: Located within Jumeirah Village Triangle itself, this school offers a British curriculum to students from FS1 to Year 10.

- Sunmarke School: Situated in Jumeirah Village Triangle, this institution provides students with a British and IB curriculum from FS1 to Year 13.

- Dubai British School Emirates Hills: Located in The Springs, which is a short drive from Jumeirah Village Triangle, it offers the British curriculum from primary to secondary levels.

- Nord Anglia International School: Found in Al Barsha, it's relatively close and offers the British curriculum along with the International Baccalaureate (IB) program.

- GEMS World Academy: Also located in Al Barsha, this school provides the International Baccalaureate (IB) curriculum to students from Kindergarten to Grade 12.

What are the closest medical clinics to 'La Residence' project in Dubai?

1. Mediclinic Me’aisem
- Location: City Centre Me’aisem, Production City, Dubai.

2. Emirates Hospital Day Surgery & Medical Center
- Location: Motor City, Dubai.

3. Mediclinic Parkview Hospital
- Location: Umm Suqeim Road, Al Barsha South, Dubai.

4. Aster Clinic
- Location: Silicon Oasis, Dubai.

5. NMC Royal Hospital
- Location: Dubai Investments Park, Dubai.