Banyan Tree Residence

Banyan Tree Residence
Properties

Banyan Tree Residence

AED 1,500,000

location

City Dubai
Area Jumeirah Lake Towers
Developer EMAAR
Property Type Apartments

Essentials

Type Properties
Availability Limited Units
Bedrooms 1
Bathrooms 2
Speciality Easy 2 Years Payment Plan
Plot size 927 sq ft

About this property

The Banyan Tree Residences complex is situated near First Al Khail Street and the Sheikh Zayed Road, which provides easy connectivity to other parts of the emirate of Dubai. Neighbouring districts include Emirates Hills 2, Meadows 2, Dubai Media City and Dubai Multi Commodities Centre (DMCC). The Palm Jumeirah, JBR Beach and Skydive Dubai are within a 10 minute drive from the development, and travel time to Al Maktoum International Airport will take about 30-minutes’, while Dubai International Airport can be reached in about a 25-minute drive. Emirates Golf Club, Meadows 1 Lake park, Topgolf Dubai, Montgomerie Golf Club Dubai in Emirates Hills and Dubai Marina Walk are all located in close proximity to the luxury residential complex. The Banyan Tree Residences building is surrounded by all the necessary infrastructure such as hotels, a Carrefour Market, Aster Pharmacy JLT, American Medical Center, dining options and much more. Residences in Banyan Tree Residences will be in high demand among tenants due to the advantageous location near many of the city’s golf courses. Each penthouse in the building, which offers luxury urban living, is designed according to the owners requirements. The starting rental price for a 1-bedroom apartment in the complex constitutes AED 110,000 per year. Therefore, the estimated ROI will be at a very strong 7%. In addition, owners of properties in Banyan Tree Residences will be eligible to apply for a 3-year investor visa, which allows family sponsorship. The minimum investment sum for this type of investor visa constitutes AED 750,000.

Features

Views Jumeirah Lake Towers
Amenities Green Community, 24/7 CCTV, Outdoor Pool, Kids Play Area

Property representative

Yasmeen Yahya

Senior Property Consultant

FH-256633

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