Lolena Residence, JVC

Jumeirah Village Circle (JVC), Dubai

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Strengths

Modern Architecture

Prime Location

Community Amenities

Weakens

Limited Parking

Noise Levels

High Maintenance Fees

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Strengths

Modern Architecture

The building features contemporary design elements that appeal to modern aesthetics.

Prime Location

Situated in Jumeirah Village Circle, it offers easy access to major roads and nearby amenities.

Community Amenities

The residence includes shared facilities such as a pool, gym, and recreational areas.

Weaknesses

Limited Parking

Residents report a shortage of parking spaces during peak hours.

Noise Levels

Proximity to busy roads can lead to higher noise levels, which may disturb residents.

High Maintenance Fees

Monthly maintenance fees are considered above average compared to similar properties in the area.

Considerations

Resale Value

The property’s modern design and location may contribute to strong resale potential in the future.

Community Vibe

The community is known for its vibrant and friendly atmosphere, ideal for families and young professionals.

Future Developments

Potential nearby developments may impact property values and living conditions, worth monitoring.

Buildign Overview

Summary

Lolena Residence, located in the vibrant Jumeirah Village Circle (JVC), offers a modern living experience with quick access to essential facilities and amenities.
The building is strategically positioned near major transportation routes, making it easy for residents to reach nearby areas such as Dubai Marina and Downtown Dubai.
Compared to other properties in the vicinity, Lolena Residence stands out for its contemporary design and community-oriented atmosphere.

Properties Overview

Lolena Residence features a range of properties including 1, 2, and 3-bedroom apartments that cater to various lifestyle needs.
Current rental prices range from AED 50,000 to AED 80,000 per year, depending on the unit size and floor level.
Sales prices for properties in Lolena Residence typically range from AED 650,000 to AED 1.2 million, making it an attractive option for both investors and families.

Market Trends

In the past year, rental prices in JVC have seen a steady increase, with an average growth of 5-7%, demonstrating a healthy rental market.
Sales trends indicate strong demand, with properties often selling within weeks of listing due to the favorable location and appealing amenities.
Looking ahead, analysts predict continued interest in the area, driven by ongoing developments and infrastructure improvements.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents benefit from nearby amenities including supermarkets, schools, and healthcare centers.
Several grocery stores are within walking distance, along with schools such as JSS International School and healthcare facilities like Mediclinic.

Transportation and Accessibility

Lolena Residence offers excellent public transportation options, including bus routes and proximity to the Dubai Metro.
Ample parking spaces are available for residents who prefer to drive, enhancing accessibility to major roads and key city areas.

Lifestyle Amenities

The development boasts various lifestyle amenities, such as a fitness center, swimming pool, and landscaped gardens.
Residents can also enjoy nearby restaurants, cafes, and recreational parks offering diverse activities.

Builing Facilities

Key facilities include high-speed elevators, 24/7 security services, and centralized air conditioning.
Regular maintenance services ensure that the property remains in excellent condition for residents.

Special Services

Lolena Residence offers additional services such as concierge support and guest service, enhancing the living experience for residents.
The building may also have business centers and community spaces that foster connection among residents.

Planning Your Move or Investment

Floor Plans and Property Types

A diverse range of floor plans is available at Lolena Residence, accommodating varying preferences for both renters and buyers.
Units are thoughtfully designed to maximize space and utility, making them suitable for families and professionals alike.

Things to Consider

Before making a decision to rent or buy, consider factors such as unit size, orientation, and proximity to amenities and transportation.
Evaluating the community vibe and future development plans in JVC can also be beneficial for long-term investments.

Useful FAQs and Support

Events and Building Life

Building Events

Lolena Residence hosts regular community events aimed at fostering connections among residents, such as seasonal celebrations and fitness workshops.

Community Identity

The building embodies a sense of community while promoting a modern lifestyle, with friendly and inclusive residents contributing to its unique identity.

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Detailed Buiding Insights

1. Family Friendliness

Lolena Residence is designed with families in mind, offering spacious living areas and community activities that engage children. Playgrounds and parks nearby enhance the family-friendly atmosphere.

Exceptionally Welcoming

2. Living Options

The residence provides a variety of living options, including 1, 2, and 3-bedroom apartments with flexible layouts that cater to different family sizes and needs.

Diverse and Adaptable

3. Safety And Security

The residence has 24/7 security personnel and surveillance systems in place, creating a safe environment for all residents, which is a significant factor for family and individual comfort.

Highly Secure

4. Transportation

Lolena Residence is well-connected to public transportation options, making it easy to commute to work and access nearby areas, enhancing the convenience for residents.

Conveniently Accessible

5. Amenities And Facilities

The community offers excellent amenities such as a swimming pool, gym, children's play area, and communal gardens, promoting a healthy and active lifestyle for residents.

Richly Equipped

6. Cost Of Living

While the prices are reasonable for the quality of living offered, they may be slightly higher than other areas in JVC, reflecting the premium amenities and location.

Moderately Priced

7. Things To Do

Lolena Residence is located near numerous restaurants, cafes, and shopping options, offering residents a wide range of choices for entertainment and leisure activities.

Vibrantly Diverse

8. Noise Levels

The community is located away from the main road, resulting in lower noise levels, making it conducive for families and individuals who prefer a quieter living environment.

Generally Peaceful

9. Pet Friendliness

Lolena Residence welcomes pets and offers pet-friendly amenities, including dog parks and walking areas, catering to pet owners seeking a comfortable living space.

Warmly Accommodating

Schools

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Key Information

Developer: Nakheel Properties

Building Type: Residential

Building Age: 5 years(completed in 2019)

Unit Types : Studios, 1 and 2-bedroom apartments

Floors: 5

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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