ICI Investment developed Serena Residence, a five-storey residential complex in Jumeirah Village Circle, Dubai (District 12), designed by A Dimensions Architecture Unlimited.
The apartments range in size from 380 square feet to 1,500 square feet. They feature fitted kitchens with built-in wardrobes and spacious living rooms. In addition to bedrooms with ensuite bathrooms, apartment properties often have balconies as well.
There is a wide range of accommodation options in Jumeirah Village Circle, including apartments, villas, parks, and recreation areas. Residents have easy access to all of the necessary amenities to ensure a comfortable living experience.
There is strong demand among tenants and investors for Serena Residences' properties, which have a return on investment rate of 6%. Annual rental rates range from AED 28,000 (USD 8,000) to AED 50,000 (USD 14,000), and the estimated payback period ranges from 17 to 20 years.
*Prices are valid for 2021