Located on Sheikh Zayed Road in Dubai, Ghaya Residence is an upscale residential skyscraper developed by Al Tayer Real Estate. It was completed in 1997 and is one of the city's tallest residential buildings.
Apartments with two- to four-bedrooms are available for purchase and rent. Units have polished marble finishes, balconies with stunning views of the surrounding area, and spacious kitchens equipped with modern appliances. In addition to large built-in wardrobes and spacious bathrooms with showers and bathtubs, apartments also include small pantries, laundry areas, and staff accommodations. Housekeeping services are provided twice a week.
Rental properties along Sheikh Zayed Road are highly sought after by both locals and foreigners due to the area's excellent transport network, developed infrastructure, and proximity to Dubai's main business districts.
Sheikh Zayed Road offers many profitable investment opportunities. Units have a return on investment of up to 7.4% per annum. Properties are considered to have high liquidity, allowing them to be sold easily.
Apartments with two bedrooms are in high demand for rent and sale and start at AED 109,000 (USD 30,000) per year.
*Prices are valid for 2021