Al Falak Residence by Imperio Developers
Business Bay, Dubai
project Overview for Al Falak Residence
AED 380,000
Starting Price
Reach us%
Payment Plan
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Booking Fee
Ready
01 Dec 2017
Lucas Silva
Agent
Development Details & Types
9
96
689 - 1,044 sq.ft
1 Bedroom-2 Bedrooms
About Al Falak Residence
Discover Modern Living at Al Falak Residence in Dubai Silicon Oasis
Al Falak Residence, a meticulously crafted nine-story residential complex, stands proudly in the heart of Dubai Silicon Oasis. Developed by Imperio Developers and completed in December 2017, this development offers a sophisticated blend of comfort and convenience. Choose from a selection of fully furnished 1- and 2-bedroom apartments, each designed with modern aesthetics and equipped with essential appliances. Enjoy breathtaking views of the Dubai Silicon Oasis Centre from your private balcony, while two-bedroom apartments boast spacious terraces perfect for relaxation and entertainment.
Exceptional Amenities and Prime Location
Al Falak Residence provides residents with an array of premium amenities, including a state-of-the-art fitness center, temperature-controlled swimming pools, beautifully landscaped gardens, and a dedicated barbecue area. Enjoy the convenience of secure parking, high-speed elevators, 24-hour maintenance, and central air conditioning. A children's playground and a spacious lobby complete the picture of comfortable living. Plus, the building is pet-friendly and offers internet and satellite TV access.
Strategically situated at the intersection of Al Ain Road (E66), Sheikh Mohammed Bin Zayed Road, and Emirates Road (E611), the residence offers seamless connectivity to the rest of Dubai. Nearby amenities include restaurants, cafes, supermarkets, and popular destinations like Silicon Park and Cedre Shopping Centre, all within a short drive.
Explore the Lifestyle & Amenities at Al Falak Residence
Gym
Gymnasiums
Fitness Center
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A Closer Look at the Features of Al Falak Residence
Balcony
Built-in Wardrobes
Central A/C
Experience the Views from Al Falak Residence
Experience the epitome of modern living with Al Falak Residence's thoughtfully designed apartments. One-bedroom apartments offer a minimum of 689 sq. ft. of living space, while two-bedroom apartments provide a minimum of 1,044 sq. ft. Each unit is designed to maximize space and natural light, creating an atmosphere of refined elegance. The building's strategic location offers stunning views, adding to the overall appeal of this exceptional residential haven.
Property Layout & Floor Plan for Al Falak Residence
1-Bedroom Apartment
1 Bed
689 - 689 sq.ft
AED 380,000
About Imperio Developers Developer
Imperio Properties is a reputable property development and management company in Dubai, with over 15 years of experience and more than 50 completed projects. They are known for luxury and innovative real estate.
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Master Plan Community
About Dubai Silicon Oasis
Tech-Driven Community
Rochester Institute of Technology
Dubai Silicon Oasis is a thriving hub for technology and innovation
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Project Status and Details for Al Falak Residence
Status
Completion Date
No. of Floors
Total Units
Developer
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FAQ
Who developed Al Falak Residence?
Imperio Developers developed Al Falak Residence.
Where is Al Falak Residence located?
Al Falak Residence is located in Dubai Silicon Oasis, Dubai, UAE.
What types of units are available?
Al Falak Residence offers 1- and 2-bedroom apartments.
What is the starting price?
The starting price for a 1-bedroom apartment is AED 380,000 (USD 104,000) *Price valid for 2021*
What amenities are offered?
Amenities include a fitness center, swimming pools, landscaped gardens, a barbecue area, parking, high-speed elevators, 24-hour maintenance, a children's playground, a spacious lobby, internet, satellite TV, and pet-friendly accommodations.
What is the rental yield?
The annual rental rate for a one-bedroom apartment is approximately AED 43,000 (USD 12,000), and for a two-bedroom apartment, it's around AED 65,000 (USD 18,000). One-bedroom apartments are the most in-demand units.
What is the ROI?
Two-bedroom apartments offer a 7.9% ROI, and one-bedroom apartments have a 7.6% ROI. *Values valid for 2021*
Contact Us
Profound Properties
team@profoundproperties.com
1618, The Binary Tower, Business Bay, Dubai, UAE, P.O. Box No. 418125. Phone Number: +971 543662210
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