Overview

Property Description

Park Corner is a residential complex located in Jumeirah Village Circle, Dubai. Gulf Technical Construction Company developed the project, which was completed in 2015. The building features duplexes, studios, and one- to three-bedroom apartments for rent and purchase. Building amenities include a swimming pool, a gym, well-kept gardens, children's playgrounds, lounge areas, recreation rooms, high-speed elevators, ground-floor parking, outdoor event spaces, and barbecue grills. These spacious duplex apartments feature bedrooms, bathrooms, living rooms, kitchens, dining rooms, study areas, laundry rooms, and staff accommodations. Duplex apartments range in size from 400 square feet to 2,200 square feet. AED 525,000 (USD 143,000) for a one-bedroom apartment, and AED 750,000 (USD 204,500) for a two-bedroom apartment. Monthly rental rates range from AED 28,000 (USD 8,000) to AED 95,000 (USD 26,000). *Prices valid for 2021 Due to its well-developed infrastructure and social and leisure facilities, Jumeirah Village Circle offers many profitable real estate investment opportunities. As a result, properties in the area are continually increasing in value, which can generate profits for investors. There is a 6.5% return on investment for studio apartments, a 6.3% return for one-bedroom apartments, and a 6.1% return for two-bedroom apartments. The estimated payback period is 15 to 20 years.

Location