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Julphar Residence

License number: 202302934469
Project number: 2019/435887
Permit number: 202202112086

About Julphar Residence

450,000 AED Starting Price from
St.-3BR Available Units
347 Area from
(sq. ft.)
Ready Handover

Julphar Residence is a newly launched residential project by RAK Properties with an advantageous location on Al Reem Island. The modern G+23 residential tower is distinguished by its unique architecture and the exterior of the building will be designed to reflect the residence’s island surroundings.

Properties in the project are presented by studios and apartments with 1–3 bedrooms. On top of that, there are also full-floor units available for purchase for interested investors. Units will maintain a responsible eco-footprint and offer a natural and inviting environment with soothing wood and stone features. The total number of units will be 266, and Julphar Residence will be finished to the highest standards.

Buy Similar Property in Al Reem Island

Units will be distinguished by their spacious balconies and the large floor-to-ceiling windows, which will allow an abundance of natural light into every residence throughout the day. Property sizes vary from a compact 347 sq. ft to 1,915 sq. ft. Residents of Julphar Residence will benefit from plenty of amenities, including a rooftop garden, gym access, 24/7 security, a kids indoor play area, a podium level with adults and children’s swimming pools, as well as covered parking.

Project price

The minimum price for a 1-bedroom residence in the development constitutes AED 750,000 (USD 204,000).

*The price is valid for 2023

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Property Information

Floor Plans of Julphar Residence

Floor Plans

Floor Plan Type Unit Type Category Total Area Starting prices
Studio Type A-2 Apartment 442 sq. ft. Ask for Price
Studio Type A-1 Apartment 435 sq. ft. Ask for Price
1 Bedroom Type B Apartment 729 sq. ft. Ask for Price
1 Bedroom Type B-2 Apartment 763 sq. ft. Ask for Price
2 Bedrooms Type L Apartment 1,068 sq. ft. Ask for Price
2 Bedrooms Type A Apartment 1,326 sq. ft. Ask for Price
3 Bedrooms Type A Apartment 1,915 sq. ft. Ask for Price

Location

Julphar Residence has an advantageous location on Al Reem Island, which is a natural island located 1,968 ft off the coast of Abu Dhabi island. The stunning project by RAK Properties is wonderfully picturesque and a welcome escape from the hustle and bustle of the city. There is a range of top-class retail and leisure amenities nearby, including waterside cafes and restaurants, lush parks, an upscale shopping mall, as well as lots of public spaces.

Residents can reach several educational institutions such as Repton School and Sorbonne University. The closest medical facilities comprise Cleveland Clinic Abu Dhabi and Reem Hospital. Travel time to the above-mentioned destinations takes about a 5-10 minute drive.

For shopping, you can go to Reem Mall, which is home to the region’s biggest indoor snow park, as well as Shams Boutik with interesting brands and stores. Both trade malls can be reached in less than a 5-minute drive.

The complex is located near Al Reem Street and Al Zawiyah Street and the neighbouring areas include Al Mina, Al Zahiyah and Qasr Al Bahr. Abu Dhabi International Airport can be reached within a 30-minute drive, which is very convenient for those who frequently travel.

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Economic attractiveness

Purchasing a modern residence in the development of Julphar Residence is suited to both young couples and families with children. The complex is distinguished by a natural environment and is responsible for its eco-footprint. The advantageous location in the centre of the vibrant area of Reem Island provides easy access to all the necessary objects of infrastructure for residents to live a comfortable life.

Buying a unit in this complex is a profitable investment which will bring an estimated ROI of 6%. The starting rental price for a 1-bedroom residence in the area constitutes AED 45,000 (USD 12,000).

*The price is valid for 2023

The development company offers investors a flexible 20/80 payment plan and 2 years free service charge. You also can purchase three units or more in Julphar Residence and receive a 2% discount, whilst buyers of full floors will receive a 4% discount.

The specialists at Metropolitan Capital Real Estate will provide you with a full range of services related to property in the UAE capital. Our agency will help you to choose and purchase the most suitable property for you in the residential complex of Julphar Residence on Al Reem Island, as well as other areas of Abu Dhabi. Services of the company also include crediting assistance, high-quality legal services and visa support.

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