How to Invest in The Residence by Object 1 for High Returns in Dubai Real Estate
- Aadil B
- May 7
- 4 min read
"If you want sophistication combined with financial gains, The Residence by Object 1 in Jumeirah Village Circle is a wise investment choice."
Investing in Dubai's booming real estate market can offer both exciting opportunities and lucrative returns, particularly with stunning developments like The Residence by Object 1. This project not only promises a luxurious lifestyle but also the potential for significant financial rewards. In this post, we will dive into key aspects of this investment, including the developer's background, available amenities, location advantages, and anticipated return on investment (ROI).
Brief History of Developer
Object 1 is a distinguished European developer expanding its luxury real estate presence in Dubai. Known for creating beautifully designed residential communities, Object 1 prioritizes quality, craftsmanship, and livability. Their commitment has earned them a solid reputation, making them a reliable option for property investors.
An example of their success can be seen in their previous projects, which consistently meet high standards in aesthetics and functionality. This blend of elegance and practicality is why The Residence stands out as a promising investment opportunity.
Amenities in The Residence
The Residence boasts an array of upscale amenities that ensure residents enjoy an exceptional living experience. Some of the standout features include:
Rooftop Infinity Pool: Enjoy stunning views of the skyline while basking in the sun or unwinding after a long day.
Co-Working Space: An inviting environment for professionals, designed to promote productivity and collaboration.
Games Room: A dedicated area for relaxation and fun activities, perfect for residents of all ages.
Children’s Area: A secure place for kids to play, ensuring peace of mind for families.
Landscaped Terrace: This outdoor oasis invites residents to embrace Dubai's pleasant climate.
Smart Lobby: A modern welcome area featuring contemporary design and smart technology for a seamless entry experience.
Gym: A fully equipped fitness center provides opportunities for an active lifestyle.
Stylish Interiors: Inspired by European design, the interiors reflect chic elegance.
Each of these amenities plays a vital role in attracting potential tenants and boosting property value, making the investment even more appealing for buyers.
Location & Landmark Proximity
Choosing a property with a great location is essential to any real estate investment, and The Residence excels in this aspect. Sited in Jumeirah Village Circle (JVC), it offers easy access to major roadways like Al Khail and Hessa Street, facilitating convenient commutes across the city.
Nearby Landmarks:
Circle Mall: A short drive away, perfect for shopping and dining.
Dubai Marina: Situated just 10 to 15 minutes away, this vibrant area is known for its waterfront lifestyle.
Dubai Hills and Downtown Dubai: These key business and recreational hubs are only a brief drive, enhancing the property's desirability.
Being close to these attractions not only elevates the living experience at The Residence but also positions it as an excellent rental option, boosting its investment potential.
Expected ROI
The return on investment (ROI) is a crucial factor for property investors, and The Residence by Object 1 holds promising prospects in this area.
Projected ROI:
Expected ROI: Ranges from 8% to 9.5%, placing it among the top tier of properties in the local market.
Tenant Base: The combination of luxurious finishes and comprehensive amenities appeals to long-term renters, providing reliable cash flow in Dubai's luxury real estate segment.
This potential for high returns further strengthens the case for investing in The Residence.
Golden Visa Eligibility
Investors eager to secure long-term residency will be pleased to know that purchasing property priced at AED 2 million or higher qualifies them for the 10-Year UAE Golden Visa.
Benefits of the Golden Visa:
Long-term Residency: Investors enjoy peace of mind, free from visa restrictions.
Investment Security: This visa assures stability in their investment within a vibrant market like Dubai.
Such advantages make investing in The Residence not just attractive but also pragmatic for anyone considering long-term benefits.
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Nearby Essentials
When investing in real estate, surrounding amenities play a critical role in enhancing the living experience. The Residence is strategically located near essential services that make residing in Dubai convenient.
Hospitals:
Mediclinic Parkview and Emirates Hospital: Both are within a short drive, ensuring residents have access to top-notch healthcare.
Schools:
JSS International School and Nord Anglia International School: Reputable educational institutions nearby ensure families have quality options, a crucial factor for many tenants.
Malls:
Circle Mall and Mall of the Emirates: These shopping centers provide diverse retail, dining, and entertainment experiences for residents.
Metro Station:
Future JVC Metro Station (proposed): The anticipated metro station will enhance accessibility, making commuting easier for residents and adding to the overall appeal of the property.
Banks:
Emirates NBD, Mashreq, and ADCB: All are within a 15-minute radius, facilitating convenient banking for residents.
Investment Takeaway
Investing in The Residence by Object 1 marries luxury living with the potential for solid financial returns. With exceptional amenities, a strategic location, and an attractive ROI, this property is a must-consider for those looking to invest in Dubai's real estate market.
For those ready to make a significant investment in Dubai, The Residence is more than just a luxury living space. It represents a smart financial decision and an opulent lifestyle. As Dubai's dynamic landscape continues to evolve, opportunities like The Residence will likely remain in high demand, making it an ideal entry point for savvy investors looking to thrive in this vibrant market.
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