Plaza Residences in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Plaza Residences

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	40	13,274	525,000
1	87	10,867	950,000
2	135	9,644	1,300,000

Rents in Plaza Residences

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	45	989	44,000
1	77	812	62,667

The cap rate (rental yield) of investments into Plaza Residences project is 8.1% on average.

The price of an apartment in Plaza Residences is 10,334 AED/sqm on average.

The long term rent of an apartment in Plaza Residences is 841 AED/sqm/year on average.

Price for completed Studio apartment in Plaza Residences is 525,000 AED or 13,274 AED/sqm.
Price for completed 1 bedroom apartment in Plaza Residences is 950,000 AED or 10,867 AED/sqm.
Price for completed 2 bedroom apartment in Plaza Residences is 1,300,000 AED or 9,644 AED/sqm.

Rent for Studio apartment in Plaza Residences is 44,000 AED or 989 AED/sqm.
Rent for 1 bedroom apartment in Plaza Residences is 62,667 AED or 812 AED/sqm.

About Plaza Residences

'Plaza Residences' in 'Jumeirah Village Circle' area project description

Plaza Residences is a luxurious residential development located in the heart of Dubai. It is a part of the Burj Khalifa District, one of the most sought-after residential areas in the city. The project is developed by Emaar Properties, one of the leading real estate developers in the UAE.

The project features two towers, each offering stunning views of the city skyline. The towers are connected by a podium, which houses the retail and entertainment outlets. The residential units are available in a variety of sizes and configurations, ranging from studios to three-bedroom apartments. All the units are designed to provide maximum comfort and convenience to the residents.

The project offers a wide range of amenities and facilities to its residents. These include a state-of-the-art gymnasium, a swimming pool, a spa, a sauna, a Jacuzzi, a children’s play area, and a business center. The project also offers a variety of leisure activities, such as tennis courts, squash courts, and a golf course.

The project is strategically located in close proximity to the Dubai Mall, the Dubai International Financial Centre, and the Dubai International Airport. It is also close to the city’s major attractions, such as the Burj Khalifa, the Dubai Fountain, and the Dubai Marina.

Plaza Residences is an ideal choice for those looking for a luxurious and comfortable lifestyle in the heart of Dubai. It offers a unique combination of modern amenities, convenience, and luxury. The project is a perfect blend of contemporary design and traditional elegance, making it an ideal choice for those who want to experience the best of Dubai.

Q&A on Plaza Residences

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

1. Prime Location: Plaza Residences is located in the heart of Dubai, offering easy access to the city’s top attractions, shopping malls, and business districts.

2. Luxury Amenities: The project offers a range of luxurious amenities including a swimming pool, gym, and spa.

3. Quality Construction: Plaza Residences is built with high-quality materials and features modern designs and finishes.

4. Affordable Prices: The project offers competitive prices for buyers looking for a luxurious property in Dubai.

5. Investment Potential: Plaza Residences is an ideal investment opportunity for those looking to capitalize on the booming real estate market in Dubai.

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

- Five Jumeirah Village: Offers innovative architecture with rotating designs for panoramic views, upscale amenities including a spa, 269 pools, and extensive dining options.

- Belgravia III: Known for high-quality finishes and modern design, this project by Ellington Properties features a courtyard, swimming pool, gym, and children's play areas, offering a community-centric lifestyle.

- Eaton Place: Also developed by Ellington Properties, it emphasizes contemporary design and quality, with amenities such as a swimming pool, fitness center, landscaped gardens, and family-friendly spaces.

- Bloom Towers: Provides a blend of stylish design and affordability. It has three towers with comprehensive facilities, including gyms, pools, co-working spaces, and a social lounge.

- Zaya Hameni: Recognized for offering luxurious living with extensive amenities like a kids' club, outdoor movie theater, and wellness facilities. Its design maximizes natural light and open spaces.

- Ghalia Constella: Offers the first certified Sharia-compliant development in Dubai, featuring high-end amenities, including separate leisure facilities for men and women, catering to a niche market.

- Signature Livings by Green Group: First solar-powered residential project in JVC. Focuses on sustainability while providing luxury living with amenities such as a rooftop infinity pool and state-of-the-art gym.

- La Riviera Apartments: Offers Italian-inspired architecture and finishings, well-equipped gym, roof-top pool, and family-friendly amenities, targeting both end-user and investor markets.