Union Residence 1

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Handover

Union Residence 1 is a six-storey residential complex located in Dubai Investments Park, a community with a well-developed infrastructure. The project was developed by Union Properties in 2009, and it is part of Union Residence, a two-tower complex.Properties include studios and one- to three-bedroom apartments that are available to buy and rent. Units come with furniture and appliances. One-bedroom apartments have bathrooms, living areas, and kitchens. Units also have balconies with beautiful views of the surrounding area. Two-bedroom apartments have two or more bathrooms.The complex provides a variety of amenities and services, including:Fitness CentreModern gymLandscaped gardensOpen green spaces and lakesChildren’s playgroundSquash courtHigh-speed elevators (two passenger and one cargo)Technical staffSecurity service and video surveillanceFree parking with space for hundreds of vehiclesSwimming poolTwo steam rooms and one Finnish bathLuxurious saunaConference hall for official events and business meetingsPet-friendly accommodationsStudios have a minimum size of 46 sq. m (500 sq. ft.), and one-bedroom apartments have a minimum size of 92 sq. m (1,000 sq. ft.).

<img class="two-col-grid-image one-1" src="https://metropolitan.realestate/wp-content/uploads/2022/12/Union-Residence-1-4.jpg" alt=""><img class="two-col-grid-image one-2" src="https://metropolitan.realestate/wp-content/uploads/2022/12/Union-Residence-1-2.jpg" alt=""><img class="two-col-grid-image one-3" src="https://metropolitan.realestate/wp-content/uploads/2022/12/Union-Residence-1-3.jpg" alt="">Union Residence 1 is located at the intersection of Sheikh Mohammed Bin Zayed Road and Yalayis Street, which provides direct access to other important districts and destinations in Dubai. Residents can easily travel around using personal vehicles and public transportation. The nearest bus stops, Union Residence 1 and Union Residence 2, can be reached within a five-minute walk of the complex, and bus routes include F47, F48, and F51.Residents can choose from a selection of local restaurants. Hengchen, Arabian Grill, Cucina Italian Kitchen, Emir Turkish Restaurant, SOBO, Nawab Authentic Indian Restaurant, and Pizza Hut are situated within a 10- to 15-minute drive of the building. For groceries and household goods, residents can shop at Afsha Mini Mart, Choithrams, and Yass Supermarket, which is located within a five- to 10-minute drive.The complex is situated within a short drive of several popular destinations, including:Ramla Mall and Choithrams – 10 minutesDubai Sports City – 20 minutesShoppers Mall, Discovery Gardens, and Al Manara Building – Themar 1 – 25 minutesAl Maktoum International Airport – 35 minutesDubai International Airport – 40 minutes<img class="two-col-grid-image one-1" src="https://metropolitan.realestate/wp-content/uploads/2022/12/Union-Residence-1-5-1024x576.jpg" alt=""><img class="two-col-grid-image one-2" src="https://metropolitan.realestate/wp-content/uploads/2022/12/Union-Residence-1-6-1024x765.jpg" alt=""><img class="two-col-grid-image one-3" src="https://metropolitan.realestate/wp-content/uploads/2022/12/Union-Residence-1-8-1024x576.jpg" alt="">

Union Residence 1 offers many profitable real estate investment opportunities. One-bedroom apartments are the most popular units among owners and renters. The average annual rental rate for a one-bedroom apartment is AED 36,000 (USD 10,000), and units have a return on investment rate of 5.7%.