Located in Jumeirah Village Circle, Dubai, Taraf Residence is a six-storey residential complex developed by Taraf Properties.
Apartments are 650 sq. ft. to 750 sq. ft. in size and include living rooms, dining rooms, bathrooms, open-plan kitchens, and balconies. One-bedroom apartments range in size from 890 sq. ft. to 1,150 sq. ft. and include two bathrooms, dining areas, equipped kitchens, and spacious balconies. Apartments with two bedrooms are approximately 1,355 sq. ft. to 1,825 sq. ft. in size, have three bathrooms, large living rooms, open-plan kitchens, and balconies with panoramic views.
There is a minimum price of USD 240,000 (AED 890,000) for properties.
There is 24-hour security, high-speed elevators, underground parking, a gym, and a swimming pool in the building.
*Prices are valid for 2021
At Taraf 1 Residence, one-bedroom apartments have a return on investment of 6.2% and a minimum annual rental rate of USD 8,000 (AED 29,000).
As a result, tenants and investors alike are expected to increase their demand for properties in Jumeirah Village Circle as it is a family-friendly community with a variety of amenities and affordable housing options.