The Residences

The Residences

International City

US

Our Rating:

Excellent potential for capital appreciation and guaranteed rental income for 3 years

Rental Income:
 

Capital Investment:
 

Overall Rating:
 



The Residences

The Residences are a fully managed apartment complex located in the centre of International City, Phase 3 in Dubai.

Comprising high specification 5 and 6 floor developments of luxury, purpose built one bedroom and studio apartments.

The properties are available for personal use, but are particularly suited for investment purchase. The properties are aimed at attracting ‘key workers’ seeking quality rental accommodation near to their place of work.

The Residences represents an excellent opportunity for investment with potential for unprecedented capital growth and guaranteed income for 3 years. The Developer is offering a 3-year 10% gross rental guarantee (8% net after rental agent fees).

All properties will also include:

  • full furnishing package
  • air conditioning
  • 1 allocated parking space
  • private door entry system
  • private balconies (where stated)
  • access via elevator

30% deposit required within 30 days of reservation. 70% finance available on Completion.

These prestigious developments are located just 12km from Dubai International Airport and a short distance from Dubailand, destined to be the Worlds largest theme park.

Dubai’s International City is set in an incredible 800-hectare development and is a pre-designed complex that will be a world-class hub for international investors, traders and retailers from across the globe. Providing excellent business opportunities, superb tourist attractions and a selection of unique residential options with varied country themes, International City’s scale and scope is matched only by its ambition and purpose.

Years of feasibility studies resulted in the conceptual formulation of International City, which will play host to more than 60,000 residents. This community will blend in with an equally critical aspect of International City’s conception - tourism. Incredible replicas of iconic structures like the Forbidden City are recreated in intricate detail.

International City promises to be an incredible melting-pot of world culture, commerce and lifestyle. It will comprise of 6 key areas, including The Central District, Dubai Design Centre, The Dragon Mart, The Residential District, Lakes District and the Forbidden City.

The Central District

The Central District is spread over 21 hectares and comprises of 34 plots that will be sold to independent developers. It will act as the nerve center of International City and will be home to retailers, wholesalers and corporate offices.

Dubai Design Centre (Dubai Gates)

Dubai Design Center is an exclusive area for permanent and temporary exhibitions and it occupies three sides of the Internet City. It will also contain two hotels with 300 to 400 rooms each, to accommodate exhibitors and visitors alike.

The Dragon Mart

The Dragon Mart spreads across 50 hectares and is a large trade mall designed in the form of a colourful dragon, with a 1.4 kilometers (0.85 miles) long Central Spine. The dragon’s head serves as the main entrance, which is accessible from the Dubai-Hatta road. With 2000 parking spaces, it will serve as a commercial centre for more than 3000 Chinese companies.

The Residential District

The Residential District is spread out across 300 hectares of land, featuring 2,100 studio (44.5 square meter) and one bedroom (66.5 square meter) apartments. These freehold apartments will feature unique architectural styles of Italy, Spain, Morocco, Persia, Greece, China, Indonesia, England, Russia, Thailand, and France, divided into large and medium-sized neighbourhoods. The apartment units were designed to be converted into two bedroom flats and they will accommodate more than 60,000 people.

Lakes District & Public Park (The Lakeside)

The Lakes District will comprise of 60 hectares of lush green landscape that borders a serene lake. It will contain 24-26 buildings with a total of 1375 apartments, which are either 2 and 3 bedroom duplex apartments from 150 to 170 square metres each.

Forbidden City

Forbidden City will be a replica of the biggest and best-preserved cluster of ancient buildings in China and will spread over 240 thousand square metres. It will accommodate authentic residential and retail outlets set amidst awe-inspiring gardens, museums and performance courts.

Pool: Communal
Parking: Underground
Completion: Spring 2009
Price
Guides
Studio apartment
35m² (~377ft²)
£51,000


1 Bed Apartment
65m² (~700ft²)
£68,000



The Residences Brochure