Residence 110 in Business Bay, Dubai
Residence 110 is a new premium apartment community located on Business Bay, a diverse area with state-of-the-art skyscrapers, a lively setting and high-end dining and entertainment options. Boasting 20 floors, this residential building was operational in the 2nd half of 2019. Residence 110 was developed by highly qualified experts from Select Group, a diversified company that specialises in construction, investment, hospitality and retail.
About Residence 110
With a well-thought-out video surveillance system, Residence 110 is protected 24/7 by professional security. As a result, residents can enjoy the provided amenities in a peaceful and safe environment. The community includes common areas such as a recreational area, a landscaped garden, lush green spaces, a gym, a yoga and Pilates room, a swimming pool and parking.
Apartments in Residence 110
Investors who purchase property in Residence 110 in Business Bay have a choice from the following options:
- Studio apartments with an area of 114 square metres;
- 1-bedroom apartments ranging from 97 to 102 square metres;
- 2-bedroom apartments ranging from 115 to 136 square metres; and
- 3-bedroom apartments ranging from 160 to 277 square meters.
Residence 100 apartments feature stylish and functional layouts with fully equipped kitchens with high-quality appliances, panoramic floor-to-ceiling windows, built-in wardrobes and dedicated laundries.
Malls and supermarkets in Residence 110
Business Bay is considered one of the most prestigious areas in Dubai. This vibrant residential and commercial hub is home to numerous malls and shops. In addition, Bay Avenue offers a variety of catering, leisure and recreational facilities, as well as several popular supermarket chains, such as Spinneys and Choithrams, that offer a wide range of foods and goods with an option for home delivery. Additionally, located in the neighbouring area of Downtown Dubai, near Residence 110, are 24/7 supermarkets Zoom, West Zone Fresh Supermarket and Al Maya.
Downtown Dubai is also home to The Dubai Mall, the second largest shopping centre on the planet with more than 1200 stores. Covering an area of 502,000 square metres, in addition to shopping outlets there are numerous restaurants and entertainment venues for adults and children alike
Places of interest near Residence 110
One of the landmarks close to Residence 110 is the man-made 3-kilometre-long Dubai Canal. The Canal not only provides residents with breathtaking views from their windows but also connects the area to the older parts of Dubai with an efficient water transport system. The Canal promenade has become one of the most popular places to visit in Business Bay, attracting both locals and tourists with many shops stocking high-quality goods from famous brands, as well as fine restaurants and entertainment venues.
Another highlight located near Residence 110 is the La Perle Theatre. Here, as befitting a production directed by Franco Dragone, a spectacular show celebrating the history of pearling is presented. Talented dancers, stunt riders, acrobats and technology are combined in creating this visual masterpiece.
Investment in Residence 110
Investing in real estate in Business Bay is a win-win solution for experienced and novice investors alike. The infrastructure of the prestigious area continues to be developed, attracting wealthy ex-pats who wish to live and work in this area. Due to a large number of attractions within and near the community, local houses and apartments are also in high demand from tourists.
The cost of housing in Business Bay is constantly rising, which guarantees its owners a significant capital increase as well as a recurring passive income. Renting a 1-bedroom apartment brings not less than AED 60,000 ($16,500) per year and 2- and 3-bedroom apartments bring their owners AED 80,000 and AED 110,000 ($22,000 and $30,000) per year respectively.
Purchasing real estate in Residence 110
Choosing a property in Dubai for permanent residence or vacations? Or want to invest in local housing for capital gains or rental income? Apartments at Residence 110 are the perfect choice for every purpose. Contact our English-speaking experts to obtain assistance with choosing a property in one of Dubai's luxury developments that suits your needs and desires. Experts will provide comprehensive advice on any financial and legal issues, accompany you at all stages of the transaction and provide top-level after-sales service.