AED 588,824
Starting price: (USD 160,160)
Jade Residence is a mid-rise residential development by Deyaar Properties, located in the Nadd Hessa area of Dubai Silicon Oasis. Completed in July 2009, this B+G+8 floor building offers a total of 120 apartments, comprising 1, 2, and 3-bedroom units. The development is designed to provide a comfortable and convenient living experience, with amenities such as a swimming pool, gymnasium, barbecue area, and landscaped gardens. Its strategic location offers easy access to major road networks like Sheikh Mohammed Bin Zayed Road and Emirates Road, as well as proximity to educational institutions, healthcare facilities, and shopping centers.
For investors, Jade Residence presents a viable opportunity, with 1-bedroom apartments averaging around AED 588,824, 2-bedroom units around AED 928,750, and 3-bedroom units approximately AED 1,250,000. The community’s appeal to students, young professionals, and families ensures a steady demand for rental properties, contributing to a favorable return on investment.
About the Project
DEYAAR DEVELOPMENT
Deyaar Development PJSC (“Deyaar”), one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), has today announced its preliminary unaudited financial results for the full year ending 31 December 2023.Deyaar announced a 206% increase in net profit compared to the previous year, with the company’s net profit rising to AED 440.7 million in 2023 from AED 144.2 million in 2022, while the total revenue saw a 56% increase, reaching AED 1,254.3 million in 2023 compared to AED 803.4 million in 2022.
