ReadyMasaar Residence, JVC
HIGHLIGHTS
About Masaar Residence
Masaar Residence is a 4-storey residential building in District 15 of JVC, Dubai. It offers studio, 1 and 2-bedroom apartments for rent and sale. The tower has a basement level dedicated to parking, high-speed elevators, 24-hour security and fitness options. The project by Khamas Group of Investments was completed in 2014.
Jumeirah Village Circle (JVC) is a popular mixed-use development in Dubai. It is connected to the rest of the city via Al Khail Road and Sheikh Mohammed Bin Zayed Road and has several residential and commercial projects. Residents easily access amenities like shopping, dining, leisure, education and healthcare facilities.
Fitness opinions in Masaar Residences include a gymnasium, swimming pool, sauna and steam room. Children can spend time in the secure play area. For travelling, residents can easily access Sheikh Mohammed Bin Zayed Road and Al Khail Road. Multiple public transport options are readily available.
In a Nutshell
- Type of building: Residential
- Location: District 15, Jumeirah Village Circle (JVC)
- Developer: Khamas Group of Investments
- Date of completion: 2014
- Number of floors: 4
- Number of units: 81
- Unit type: Studio, 1 and 2-bedroom apartments
- Type of ownership: Freehold
- Amenities: Covered parking, high-speed elevators, CCTV system, play area, swimming pool, gymnasium, sauna, steam room
BUILDING DETAILS
Facilities in Masaar Residence
PARKING
A basement level is dedicated to parking in Masaar Residence Jumeirah Village Circle.
ELEVATORS
There are well-maintained elevators in Masaar Residence JVC.
SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES
Security and maintenance staff are present in Masaar Residence JVC to ensure the safety and convenience of residents.
GYM AND FITNESS FACILITIES
Fitness enthusiasts can use the fully equipped gym in Masaar Residence Jumeirah Village Circle for their daily workouts. Other facilities include a swimming pool, sauna and steam room.
LIFESTYLE AMENITIES
The building has a play area for children and good fitness options.
CONCIERGE AND GUEST SERVICES
Concierge services are provided to welcome guests and visitors.
PET-FRIENDLY
It is a pet-friendly building.
Masaar Residence Floor Plans
Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing Masaar Residence Floor Plans.
Apartment Types in Masaar Residence
Masaar Residence offers studio, 1 and 2-bedroom apartments.
STUDIO APARTMENTS IN MASAAR RESIDENCE
Studio apartments in Masaar Residences include a bathroom, kitchen and balcony or terrace. Some units have a private garden instead of a balcony/terrace. The covered areas range from 500 sq. ft. to 986 sq. ft.
1-BEDROOM APARTMENTS IN MASAAR RESIDENCE
1-bedroom apartments in Masaar Residence have two bathrooms, a living/dining area, a kitchen and a terrace or private garden. These units cover 604 sq. ft. to 1,188 sq. ft.
2-BEDROOM APARTMENTS IN MASAAR RESIDENCE
2-bedroom apartments in Masaar Residence feature two or three bathrooms, a living/dining area, a kitchen and a balcony or terrace. The covered areas range from 1,118 sq. ft. to 1,130 sq. ft.
MOST POPULAR APARTMENT TYPES IN MASAAR RESIDENCE
According to Bayut, 1-bed apartments in Masaar Residence enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot. Studio apartments take up the third position on the list.
Rental Trends in Masaar Residence
Sales Trends in Masaar Residence
Rental Yield in Masaar Residence
Studio apartments offer the highest ROI in Masaar Residence of 10.83%. 1-bed apartments generate about 9.27% return on investment. 2-bedroom flats offer an ROI of about 8.94%.
Service Charges in Masaar Residence
| General Fund | Price Per Sq. Ft. in AED |
|---|---|
| Services General upkeep of the building |
3.77 |
| Maintenance General repairs and replacements |
3.34 |
| Utilities Services Charges for using DEWA/district cooling facilities and meters |
2.31 |
| Management Services Owner’s association charges for managing the property |
0.84 |
| Insurance Charge for the insurance of the building |
0.14 |
| Master Community Fees for communal facilities in the neighbourhood |
0.95 |
| Income A credit or debit charge |
-0.58 |
| Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees |
0.53 |
| Total | 11.30 |
These are the service charges for Masaar Residence* as per the Dubai Land Department. You can read more about service charges in Dubai if you are interested in buying a property in Dubai.
*Please note that these service charges are subject to change.
NEARBY AMENITIES
Transportation near Masaar Residence
It takes about 3 minutes to get to Al Khail Road, whereas Sheikh Mohammed Bin Zayed Road is about 5 minutes away. As for public transportation near Masaar Residence, one can easily find taxis, buses and the metro.
BUS STATIONS NEAR MASAAR RESIDENCE
Season Community Autumn Bus Stop is about a 9-minute walk from the building. It is serviced by buses J01.
METRO STATIONS NEAR MASAAR RESIDENCE
Dubai Internet City is the nearest option to use Dubai Metro. One can find it within a 9-minute drive.
Restaurants near Masaar Residence
Finding restaurants in Jumeirah Village Circle is never a problem. One can conveniently dine at the following eateries:
- Bon Appetit Restaurant & Cafe
- Village Bistro
- Secret Spice Restaurant
- Bawarchi Indian Restaurant
- Like View Restaurant
- Deniro Dubai
- Trattoria by Cinque
- Defne Turkish Restaurant
All these restaurants near Masaar Residence are located within 7 minutes and offer a variety of cuisines.
Supermarkets near Masaar Residence
Popular supermarkets near Masaar Residence include:
- Starmart Supermarket
- Cart Supermarket
- Aswaaq Mart
All these stores are reachable within a 6-minute walk. Aswaaq Mart is one of the best supermarkets in Dubai.
Schools and Nurseries near Masaar Residence
- Kids World Nursery
- JSS International School
Kids World Nursery is about a 5-minute drive from Masaar Residence. It follows the Montessori method of teaching.
JSS International School offers education from Pre-KG to Grade 12 in accordance with the Council of Indian Certificate of Secondary Education (CICSE). It is also about 5 minutes away from the tower.
Nearby Buildings
- Evershine One
- National Bonds Residence
- Pera Villa Residence
- Binghatti Rose Building
- Villa Myra
All these residential projects are located close to Masaar Residence. One can find several apartments for rent and sale in these buildings.
Major Landmarks
- Dubai International Stadium
- Dubai Miracle Garden
- Dubai Autodrome
Dubai International Stadium is about 10 minutes away from Masaar Residence. The iconic stadium is located in Dubai Sports City and has hosted many international cricket matches and high-profile domestic leagues.
Dubai Miracle Garden is the world’s largest natural flower garden, with over 50 million flowers and more than 250 million plants. It is located in Al Barsha South and is reachable in about 12 minutes.
Dubai Autodrome is an FIA-sanctioned motorsport circuit which has hosted several prestigious events. Located in Motor City, it is about 14 minutes away from the project.
Things to Consider
Masaar Residence offers an attractive opportunity to those interested in living in Jumeirah Village Circle. It offers choices up to 2-bedroom apartments, but one can find larger units in nearby projects.
FAQs
WHAT ARE THE APARTMENT TYPES IN MASAAR RESIDENCE?
Masaar Residence offers studio, 1 and 2-bedroom apartments.
DOES MASAAR RESIDENCE HAVE FLOOR PLANS?
The floor plans for Masaar Residence are available on the Bayut website.
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