Al Thowima Residences Property Development By Wasl Properties

Last Updated on: 2nd November 2024, 06:14 am

Al Thowima Residences, developed by Wasl Properties, is a remarkable addition to the luxury real estate landscape in Dubai. This project features elegantly designed 1, 2, and 3-bedroom deluxe apartments located in the bustling Al Barsha neighborhood, showcasing the commitment of Wasl Properties, a premier developer in Dubai, to excellence and comfort. With the anticipated completion slated for Q4 2023, these residences promise high-end finishes and chic contemporary designs that cater to the evolving demands of the Dubai property market.

Investors will find appealing prospects in Al Thowima Residences, as the average ROI for a 1-bedroom apartment ranges between 8% to 10%. In addition, the potential profit margin upon property resale can reach between 10% to 20% following project completion¹. The property beckons with starting prices, robust payment plans, and strategic positioning, all ensuring it stands out in an ever-competitive market.

For those looking for more information on this exclusive opportunity, more details can be found here. With a focus on customization for buyers, inquiries regarding different property types, budget ranges, and overall preferences are welcomed by Wasl Properties.

Key Takeaways

• Al Thowima Residences consists of 1, 2, and 3-bedroom apartments.
• Expected completion of the project is set for Q4 2023.
• Wasl Properties offers a flexible 40/60 payment plan.
• The annual rental income potential ranges from 2.5% to 4.5%.
• Investors can anticipate substantial price growth potential, estimated at +200,000 AED upon completion.
• Customer responses for property inquiries are expected to be reviewed promptly within a few hours.
• The project includes modern amenities such as a gymnasium and rooftop pool.

Overview of Al Thowima Residences

Al Thowima Residences presents an excellent option within the luxury real estate market, showcasing a blend of modern architecture and urban convenience. This property development, created by Wasl Properties, offers a variety of high-end residential projects tailored for individuals and families who prioritize comfort and sophistication.

Introduction to the Project

Residing in Al Barsha, Dubai, Al Thowima Residences stands as a 12-storey high-rise building designed to reflect contemporary aesthetics. This project aims to provide unparalleled living experiences, incorporating state-of-the-art technology and superior finishes within each of its residential units. Residents here establish a lifestyle that integrates comfort and convenience, thanks to proximity to essential amenities and leisure options. The project features flexible payment plans that enhance accessibility for potential buyers seeking investment opportunities in off-plan properties²¹³.

Apartment Types and Features

Al Thowima Residences comprises an assortment of apartments, including 1, 2, and 3-bedroom options. Each apartment is thoughtfully designed to ensure a spacious and welcoming atmosphere, perfect for both singles and families. The building hosts an array of luxurious amenities such as a gymnasium, rooftop pool deck, and communal recreational facilities, making it a desirable location for modern living. Ownership can be pursued with starting prices that are competitive, alongside a promising return on investment indicative of the potential residential market in Dubai¹³.

Project Timeline

The developmental timeline of Al Thowima Residences has been meticulously outlined, from the initial groundbreaking phase in March 2016 to its completion in March 2019. The project was anticipated to have a handover date in December 2018. With its favorable location and well-structured payment plans, the potential for profitable returns from this property is appealing for investors keen on the Dubai real estate market²¹³.

Location and Connectivity

The Al Thowima Residences is strategically positioned in Al Barsha, providing residents unparalleled access to various parts of Dubai. This remarkable location not only facilitates easy commutes to work but also allows for effortless visits to entertainment and lifestyle venues. Al Barsha is celebrated for its diverse offerings, enhancing the overall living experience.

Strategic Position in Dubai

Being nestled in the heart of Al Barsha, the strategic position in Dubai affords residents significant advantages. The development is mere minutes away from major highways like Sheikh Zayed Road, Al Khail Road, and Hessa Street, ensuring that all essential areas are within reach. Whether heading for business or leisure, the convenience of this location fosters a vibrant urban lifestyle.

Surrounding Amenities

Al Thowima Residences boasts a wealth of surrounding amenities, enriching the community experience for its residents. Among the top highlights are:

• Proximity to Mall of the Emirates for shopping and entertainment.
• Variety of recreational facilities, including basketball and tennis courts.
• Onsite community facilities like the gymnasium and swimming pool.
• Children’s play area and multipurpose room for gatherings.
• 24-hour security and concierge services ensuring comfort and safety.

This array of amenities complements the high-quality finishes and sleek modern design of the residences themselves, creating a harmonious blend of comfort and community.

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Conclusion

Al Thowima Residences by Wasl Properties embodies the essence of luxury living, offering a sophisticated lifestyle in the heart of Dubai. With a strategic location that allows residents to immerse themselves in the vibrant community, this development presents exclusive living spaces and amenities designed for modern comfort. Investing in properties developed by a premier developer in Dubai not only enriches the living experience but also opens doors to lucrative investment opportunities in Dubai.

The architecture and design of Al Thowima Residences reflect contemporary trends, ensuring a visually stunning environment. Residents can take advantage of state-of-the-art facilities while enjoying breathtaking views that highlight the beauty of Dubai’s skyline. Such careful planning contributes to making this project a standout choice for those seeking luxurious living arrangements.

As the real estate market in Dubai continues to flourish, properties like Al Thowima Residences are poised to attract discerning buyers and investors. By embracing the unique offerings of this development, individuals can secure not just a residence, but a lifestyle enriched with convenience and style, all within reach of the city’s most vibrant attractions. For more insights into Al Thowima Residences, check out this comprehensive overview that highlights its exceptional features and investment potential⁶.

Source Links

1. https://uae-offplan.com/property/al-thowima-residences
2. https://propsearch.ae/dubai/al-thowima-residential-tower
3. https://keltandcorealty.com/property/al-thowima-residences/
4. https://uae-offplan.com/property/al-thowima-residences-location
5. https://dubricks.com/project/al-thowima-residences
6. https://www.dezeen.com/2022/06/17/american-university-in-dubai-architecture-schoolshows/