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Property Makler
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Dubai, UAE US |
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Lolena in Jumeirah Village Circle - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Rents in Lolena
| Rooms | Size, sqm | Rent, AED/sqm/ year | Rent, AED |
|---|---|---|---|
| Studio | 47 | 851 | 40,000 |
The cap rate (rental yield) of investments into Lolena project is 9.6% on average.
The price of an apartment in Lolena is 8,909 AED/sqm on average.
The long term rent of an apartment in Lolena is 851 AED/sqm/year on average.
Rent for Studio apartment in Lolena is 40,000 AED or 851 AED/sqm.
About Lolena
'Lolena' in 'Jumeirah Village Circle' area project description
Lolena is a mixed-use development project located in Dubai, United Arab Emirates. The project is being developed by Dubai-based real estate developer, Meraas, and is set to become one of the most iconic projects in the city.
The project is located in the heart of Dubai, near the Dubai Creek, and is spread across an area of 4.5 million square feet. It will feature a variety of residential, commercial, retail, and leisure components.
The residential component of the project will include a mix of apartments, townhouses, and villas. The apartments will range from studio units to three-bedroom units, while the townhouses and villas will range from two to five bedrooms. All the residential units will be equipped with modern amenities and will offer stunning views of the Dubai Creek.
The commercial component of the project will include a variety of office spaces, retail outlets, and restaurants. The office spaces will range from small to large, and will be designed to accommodate a variety of businesses. The retail outlets will include a mix of fashion, lifestyle, and technology stores. The restaurants will offer a variety of cuisines from around the world.
The leisure component of the project will include a variety of entertainment and recreational activities. There will be a state-of-the-art cinema, a bowling alley, and a variety of other activities. There will also be a variety of outdoor activities such as a jogging track, cycling track, and a skate park.
The project is expected to be completed by 2021 and will be a major landmark in Dubai. It will be a unique destination for both locals and tourists alike, offering a variety of activities and amenities. It will be a place where people can live, work, and play.
Lolena is a mixed-use development project located in Dubai, United Arab Emirates. The project is being developed by Dubai-based real estate developer, Meraas, and is set to become one of the most iconic projects in the city.
The project is located in the heart of Dubai, near the Dubai Creek, and is spread across an area of 4.5 million square feet. It will feature a variety of residential, commercial, retail, and leisure components.
The residential component of the project will include a mix of apartments, townhouses, and villas. The apartments will range from studio units to three-bedroom units, while the townhouses and villas will range from two to five bedrooms. All the residential units will be equipped with modern amenities and will offer stunning views of the Dubai Creek.
The commercial component of the project will include a variety of office spaces, retail outlets, and restaurants. The office spaces will range from small to large, and will be designed to accommodate a variety of businesses. The retail outlets will include a mix of fashion, lifestyle, and technology stores. The restaurants will offer a variety of cuisines from around the world.
The leisure component of the project will include a variety of entertainment and recreational activities. There will be a state-of-the-art cinema, a bowling alley, and a variety of other activities. There will also be a variety of outdoor activities such as a jogging track, cycling track, and a skate park.
The project is expected to be completed by 2021 and will be a major landmark in Dubai. It will be a unique destination for both locals and tourists alike, offering a variety of activities and amenities. It will be a place where people can live, work, and play.
Q&A on Lolena
What are the advantages of 'Lolena' project in Dubai for property buyers? What are the disadvantages?1. Increased Affordability: The Lolena project offers buyers the opportunity to purchase property at a lower price than the current market rate, making it more affordable for buyers to purchase a home in Dubai.
2. Flexible Payment Options: The Lolena project offers buyers the option to pay for their property in installments, allowing them to spread out the cost of their purchase over a longer period of time.
3. Increased Security: The Lolena project offers buyers the security of a government-backed guarantee, meaning that buyers can be confident that their investment is safe.
4. Increased Choice: The Lolena project offers buyers a wide range of properties to choose from, allowing them to find the perfect property for their needs.
5. Increased Convenience: The Lolena project offers buyers the convenience of being able to purchase a property online, making it easier for buyers to find the perfect property for their needs.
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