Mangrove Residences in Dubai
Mangrove Residences is an off-plan project in Expo City Dubai. This exclusive development comprises 3 high-rise buildings connected by a podium and features 450 apartments and townhouses. This complex provides a wide range of additional amenities, including a gym, swimming pools, jogging tracks, community lounges, a pool bar, a cascading waterfall and a designated children’s play area. Residents will be able to lead an active lifestyle and enjoy quality relaxation within the complex.
The architecture of the new development seamlessly aligns with the high-tech community of Expo City. Characterised by glazed facades and clear geometric shapes dominating the design, the external wall decor incorporates recycled materials, aligning with the prevailing sustainability concept in the UAE. Tall glass windows and spacious balconies offer breathtaking views of landscaped gardens, Al Wasl Plaza and Jubilee Park, providing an ideal setting for a recreation area.
This project undoubtedly appeals to those wishing to purchase property in Dubai for living or investment. You can buy off-plan projects in Mangrove Residences from AED 1.3 million (USD 354,000). Construction is scheduled for completion in 2025.
Mangrove Residences at Expo City Dubai
The new project is an integral part of Expo City Dubai, one of the most rapidly developing communities in Dubai, offering a wide range of employment, business and entertainment opportunities. Here are the advantages of the development’s prime location:
- Proximity to the Business Centre: Minimises commute times for residents.
- Ample Leisure Opportunities: Spice up your life with nearby restaurants, clubs, sports facilities and parks.
- Close to Major Road Junctions: Facilitates easy access to any location in the city.
The complex is being built near a metro station and has convenient access to the city’s key highways: Sheikh Mohammed bin Zayed Road, Sheikh Zayed Road, Emirates Road and Al Khail Road. This ensures that residents can travel around Dubai with ease. A 25-minute drive will take you to the coast and the beach communities of Dubai Marina and JBR, while Downtown Dubai is reachable in 30 minutes. The Dubai (DXB) and Al Maktoum (DWC) international airports are 30 and 15 minutes away, respectively.
Apartments in Mangrove Residences
The new project features 1- to 4-bedroom apartments ranging from 90 to 379 square metres. Each unit, in addition to the bedrooms, has a spacious living room, a fully equipped kitchen, a laundry room, a walk-in closet or built-in wardrobes, bathrooms and balconies. Eco-friendly natural materials are widely used in interior spaces. The apartments boast porcelain flooring, interior doors made of solid natural wood and quartz kitchen countertops.
Townhouses in Mangrove Residences
The complex has a limited collection of 224 square metre townhouses, each boasting 3 bedrooms, a living room, a walk-in closet and a maid’s room. They also feature private gardens. The starting price for real estate in this category is AED 4 million (USD 1.09 million).
Mangrove Residences by Expo Dubai Group
Expo Dubai Group serves as the master developer of Expo City. The company’s projects are well-known and popular due to their utilisation of high technology, meticulous space planning and finesse. Mangrove Residences is another eco-friendly development in the company’s portfolio.
Research into Dubai’s real estate market indicates that annual price increases in the city average 20%. Investors can anticipate capital gains at this level or even higher. One of the reasons for the popularity of this project will be its prestigious location in the heart of the innovation district. The rich housing stock, modern environment and proximity to the metro and major highways guarantee the appeal of the complex for potential buyers, so choosing properties in Mangrove Residences for investment is entirely justified.
If you are planning to purchase an apartment for a rental business, then purchasing off-plan properties for sale in Mangrove Residences would be an excellent solution. The neighbourhood is popular among professionals and families with children. As per forecasts, the yield from renting out an apartment in the new development will be at least 7% per annum.
To find out more about the new project, contact our specialists for a free consultation.