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Magnolia Residence, JVT

Magnolia Residence, JVT

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Jumeirah Village Triangle (JVT), Dubai

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Strengths

High-Quality Amenities

Prime Location

Spacious Units

Weakens

Limited Parking

Noise Levels

High Maintenance Fees

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Buildign Overview

Summary

  • Magnolia Residence, located in Jumeirah Village Triangle (JVT), offers a premier living experience with easy access to key amenities.
  • This building is surrounded by lush green spaces, parks, and offers proximity to shopping centers and community facilities.
  • It stands alongside other notable residential options, such as JVT's other towers, which enhance the neighborhood's desirability.

Properties Overview

  • The residence offers a range of properties, including one, two, and three-bedroom apartments that cater to both renters and homebuyers.
  • Current rental prices range from AED 55,000 to AED 110,000 per year, while sale prices typically start from AED 700,000.
  • Popular units include modern designs with open floor plans and high-end finishes.

Market Trends

  • Over the past year, rental prices in JVT have shown a stable trend,while the sales market has seen a slight increase in property values, suggesting a solid demand.
  • Investors can expect an average return on investment (ROI) ranging from 6% to 8%, making it attractive for both short-term and long-term investments.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby facilities include multiple supermarkets, schools like Jumeirah International Nurseries, and healthcare facilities such as Mediclinic and various pharmacies.
  • Residents have access to essential services, ensuring a convenient lifestyle.

Transportation and Accessibility

  • The area is well-connected through public transportation options including buses, and offers easy access to major highways.
  • Ample parking spaces are available for residents and guests, enhancing accessibility throughout the community.

Lifestyle Amenities

  • Magnolia Residence includes a variety of lifestyle amenities such as swimming pools, gyms, and children's play areas.
  • Residents can enjoy nearby restaurants, coffee shops, and wellness centers, making it an ideal location for a vibrant lifestyle.

Builing Facilities

  • The building features modern elevators, round-the-clock security, central air conditioning, and dedicated maintenance services.
  • These facilities ensure a safe, comfortable living environment for all residents.

Special Services

  • Additional offerings include a concierge service, guest accommodations, and business centers, adding further convenience to daily life.
  • Unique amenities such as BBQ areas and rooftop lounges enhance the experience for both residents and guests.

Planning Your Move or Investment

Floor Plans and Property Types

  • Magnolia Residence provides a diverse array of floor plans, ensuring options for individuals and families alike, tailored to various living preferences.

Things to Consider

  • Potential tenants and buyers should evaluate the layout, orientation, and view of available units, as well as community regulations.
  • It's essential to consider future development and property appreciation potential in the area.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events, such as holiday gatherings and social clubs, foster a friendly atmosphere among residents.
  • Various activities and events throughout the year enhance building life, promoting a close-knit community feel.

Community Identity

  • Magnolia Residence is distinguished by its modern architectural style and commitment to sustainability, incorporating green living practices.
  • The building's unique identity is reflected in its vibrant community dynamics and strong resident engagement.

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Detailed Buiding Insights

1. Family Friendliness

Magnolia Residence offers a variety of family-oriented activities and facilities, including playgrounds and community events, making it an ideal environment for families.

Exceptionally Welcoming

2. Living Options

The community features a range of living options from spacious apartments to villas, catering to different family sizes and preferences.

Diverse Choices

3. Safety And Security

Magnolia Residence is equipped with round-the-clock security surveillance, gated entry, and a tight-knit community, ensuring a safe environment for all residents.

Highly Secure

4. Transportation

The area provides easy access to major roads and public transport options, making commuting straightforward for residents.

Conveniently Accessible

5. Amenities And Facilities

Residents benefit from a wide array of amenities, including a swimming pool, gym, parks, and shopping facilities, enhancing the overall living experience.

Richly Equipped

6. Cost Of Living

While the cost of living in Magnolia Residence is slightly above average, the range of amenities and living options justifies the pricing for many residents.

Moderately Priced

7. Things To Do

Residents enjoy a multitude of activities including dining, cultural events, and recreational facilities, providing ample entertainment options.

Vibrantly Diverse

8. Noise Levels

The layout of the community and strategic landscaping contribute to a tranquil environment, making it suitable for both relaxation and family life.

Generally Peaceful

9. Pet Friendliness

Magnolia Residence is pet-friendly, providing parks and walking paths, making it a great place for pet owners to live.

Warmly Accommodating

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Key Information

Developer: Syndicate Developments

Building Type: Residential

Building Age: 6 years(completed in 2018)

Floors: five-storey

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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