Lolena Residence

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Handover

Developed by Al Masarat Real Estate, Lolena Residence is a residential complex located in Jumeirah Village Circle, Dubai. The self-contained community offers a wide range of amenities and was designed by the architectural firm Nakheel.Properties include spacious studios and one- to two-bedroom apartments. Studios have a minimum size of 37 sq. m (391 sq. ft.) and feature well-designed open-plan kitchens, fitted wardrobes, and modern bathrooms. One-bedroom apartments have a minimum size of 60 sq. m (650 sq. ft.) and have open-plan kitchens, spacious layouts, floor-to-ceiling windows, fitted wardrobes, and balconies that overlook the community. Two-bedroom apartments have a minimum size of 101 sq. m (1,292 sq. ft).One-bedroom apartments have a starting price of AED 400,000 (USD 109,000). Two-bedroom apartments have a starting price of AED 650,000 (USD 177,000), and studios have a starting price of AED 275,000 (USD 75,000).Residents can enjoy a variety of amenities and services, including:ParkingSecurity and video surveillanceSwimming poolConcierge servicesFitness CentreParksRunning and cycling pathsFire safety systemCentral air conditioningMaintenance servicesHigh-speed elevatorsEvent spaceEquipped gymPet-friendly accommodations

Lolena Residence is located within a short drive of other residential buildings, such as Emirates Garden, Sydney Tower, and Kensington Manor, which also offers upscale apartments for sale and rent.The Qamash Blvd A 1 bus stop is situated within a five-minute walk of the apartments. The Nakheel Villas T12 bus stop is located within a 10-minute walk, and the Samer Park bus stop can be reached within a five-minute drive. The Mashreq Metro Station is situated within a 15-minute drive. The Mall of the Emirates Metro Station is located within a 20-minute drive, and the First Abu Dhabi Bank Metro Station can be reached within a 15-minute drive.For groceries and household goods, residents can shop at Greens, West Zone Fresh, and Jyothi’s, which are situated within a five-minute drive of the residences, and Spinneys can be reached within a 20-minute drive.The complex is located within a short drive of several popular destinations, including:Dubai International Stadium – 10 minutesDubai Butterfly Garden – 15 minutesThe Selfie Kingdom – 15 minutes<img class="two-col-grid-image one-1" src="https://metropolitan.realestate/wp-content/uploads/2022/09/Lolena-Residence-4-1024x682.jpg" alt=""><img class="two-col-grid-image one-2" src="https://metropolitan.realestate/wp-content/uploads/2022/09/Lolena-Residence-5-1024x682.jpg" alt=""><img class="two-col-grid-image one-3" src="https://metropolitan.realestate/wp-content/uploads/2022/09/Lolena-Residence-6-1024x576.jpg" alt="">

Jumeirah Village Circle has many educational institutions, private medical clinics, shopping centres, and supermarkets. The community is well-developed and offers a range of amenities to ensure a comfortable living environment.Studios are the most in-demand units for sale and rent.The annual rental rate for a one-bedroom apartment starts at AED 37,000 (USD 10,000), and the annual rental rate for a studio starts at AED 35,000 (USD 10,000).Properties have a high level of economic attractiveness that is associated with the return on investment rate, which can reach up to 7.9%, a figure that is expected to increase in the coming years.