Julphar Residence

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.

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.

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

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 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.