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Orchidea Residence, JVC

Orchidea Residence, JVC

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Jumeirah Village Circle (JVC), Dubai

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Strengths

Modern Design

Amenities

Location

Weakens

Parking Space

Noise Levels

Maintenance Costs

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Buildign Overview

Summary

  • Orchidea Residence is a modern residential building located in the vibrant Jumeirah Village Circle (JVC) community, known for its family-friendly environment and ample green spaces.
  • Nearby facilities include shopping venues, parks, and recreational areas, enhancing the quality of life for residents.
  • The area is well-connected with public transportation options and major roadways, making commuting convenient.

Properties Overview

  • The building features a variety of residential units, including spacious one, two, and three-bedroom apartments that appeal to both renters and buyers.
  • Current market prices range from AED 50,000 to AED 150,000 annually for rentals, while sales prices typically vary from AED 700,000 to AED 1,800,000, depending on the apartment size and floor level.
  • High demand for two-bedroom units has been noted due to their balance of affordability and space.

Market Trends

  • In the past year, rental prices in JVC have seen a moderate increase of around 5%, indicating a steady demand for housing in the area.
  • Sales trends show a similar appreciation, with increased interest from both local and international buyers, reflecting a robust investment potential.
  • The expected rental yield for investors in Orchidea Residence stands at approximately 7-8%, making it an attractive investment opportunity.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The vicinity of Orchidea Residence includes a range of essential services such as supermarkets, schools, and healthcare facilities with reputable clinics and hospitals within a short drive.

Transportation and Accessibility

  • Residents benefit from easy access to public transportation options, including bus routes and the Dubai Metro, ensuring connectivity across the city.
  • There are ample parking facilities available for residents and their guests, contributing to a hassle-free living experience.

Lifestyle Amenities

  • Orchidea Residence offers various lifestyle amenities, including a well-equipped gym, swimming pool, and nearby parks, promoting a healthy lifestyle.
  • The local area is dotted with diverse dining options, cafes, and entertainment venues, enhancing the community experience.

Builing Facilities

  • The building is equipped with essential facilities such as high-speed elevators, 24/7 security services, centralized air conditioning, and professional maintenance for a comfortable living experience.

Special Services

  • Orchidea Residence provides additional conveniences like concierge services, guest reception, and business center facilities, catering to the needs of modern residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building offers a selection of floor plans suited for various lifestyles, including open layouts and family-friendly options, appealing to different preferences and needs.

Things to Consider

  • Prospective tenants and buyers should assess the proximity to amenities, transport accessibility, budget limits, and future development potential in JVC before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Orchidea Residence hosts regular community events, social gatherings, and seasonal celebrations that foster a sense of belonging among residents.

Community Identity

  • The building prides itself on a unique blend of modern architecture and a welcoming community spirit, making it a preferred choice for families and young professionals alike.

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Detailed Buiding Insights

1. Family Friendliness

Orchidea Residence is designed with families in mind, featuring spacious units and nearby recreational facilities that cater to children and adults alike.

Exceptionally Welcoming

2. Living Options

The community offers a range of living options, including studios, one, two, and three-bedroom apartments, appealing to both singles and families.

Broadly Diverse

3. Safety And Security

With 24/7 security personnel and advanced surveillance systems, residents enjoy a high level of safety in the community.

Remarkably Secure

4. Transportation

The residence is well-connected to major roads and public transportation options, making commuting easy for residents.

Highly Convenient

5. Amenities And Facilities

Orchidea Residence features a swimming pool, gym, children's play area, and community events space, providing ample amenities for residents.

Richly Equipped

6. Cost Of Living

The cost of living in Orchidea Residence is reasonable for the quality of accommodations and facilities, making it an attractive option.

Relatively Balanced

7. Things To Do

Residents have access to various entertainment, dining, and shopping options nearby, ensuring there's always something to do.

Vibrantly Diverse

8. Noise Levels

The community maintains a peaceful ambiance, with minimal noise pollution from nearby roads due to soundproofing measures.

Generally Peaceful

9. Pet Friendliness

Orchidea Residence is pet-friendly, with dedicated spaces for pets and nearby parks, welcoming furry residents.

Warmly Accommodating

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Key Information

Developer: Orchidea Residence

Building Type: Residential

Building Age: 6 years(completed in 2018)

Length: 84

Unit Types : 1 ,2 and 3 bedroom apartments

Floors: 5

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

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