Starlight Park Property Development By Amwaj Development
Last Updated on: 13th November 2024, 12:42 pm
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Starlight Park is an exceptional property development located in the prestigious Meydan area of Dubai, crafted by the renowned Amwaj Development. This project signifies a milestone in luxury living, showcasing a sophisticated blend of architectural elegance and modern conveniences. Nestled in District 11, Starlight Park offers prospective homeowners a unique opportunity to invest in premium one, two, and three-bedroom apartments. With meticulous attention to detail, this development is set to redefine residential living, offering a lavish lifestyle complemented by tailored amenities designed to cater to the needs of modern families.
Apart from the luxury and convenience, Starlight Park presents promising real estate investment opportunities with an estimated average return on investment (ROI) for a 1-bedroom apartment ranging between 8% to 10%1. The development includes a total of 172 apartments and aims for handover around Q2 of 20262. With rental yields projected to support the growing demand in Meydan, investing in this residential property development not only provides prestigious living spaces but also positions owners for potential profits upon resale, estimated to be between 10% to 20%1. The property indeed addresses the needs of discerning residents seeking urban luxury in one of Dubai’s most desirable neighborhoods.
Key Takeaways
- Starlight Park offers luxurious living with modern amenities.
- Located in Meydan, providing easy access to Dubai’s iconic attractions.
- Investment potential with high ROI and resale profits.
- 172 apartments feature one, two, and three-bedroom options.
- Flexible payment plans cater to diverse buyer needs.
- Handover is expected in Q2 2026, marking a milestone in the development phase.
Introduction to Starlight Park
The Starlight Park Property Development represents a significant venture by Amwaj Development, focused on enhancing Dubai’s appeal as a luxury living destination. This project highlights a sophisticated design through its four elegant buildings, Blocks A, B, C, and D, each boasting five floors of luxury apartments. The commitment to creating a vibrant community is evident in the thoughtfully planned central hub, providing residents with a sense of belonging.
Overview of the Development
Starlight Park is not just another property; it stands out for its carefully curated amenities and environmental focus. The development offers upscale housing options in a picturesque setting, encouraging not only comfortable living but also an enriched lifestyle. One notable feature is the incorporation of sustainable practices throughout the project, highlighting the commitment to a greener environment.
Project Timeline and Payment Plan
The project timeline for the Starlight Park Property Development sets the completion date for Q2 2026, providing investors with a clear expectation. The payment plan is structured to be accessible for potential buyers, requiring a 20% down payment upon booking. Following this, 40% is expected during construction, with the final 40% due upon handover, ensuring a manageable financial pathway for acquiring luxury apartments.
For more insights into the broader community improvements surrounding Starlight Park, consider exploring the initiatives enhancing local parks and environments, such as park restoration efforts.
Explore the unique opportunities and community benefits associated with the Starlight Park development.
Factor | Details |
---|---|
Project Name | Starlight Park Property Development |
Developer | Amwaj Development |
Building Blocks | A, B, C, D |
Floors per Block | 5 Floors |
Estimated Handover Date | Q2 2026 |
Payment Structure | 20% down, 40% during construction, 40% on handover |
Unique Features and Amenities
Starlight Park introduces a harmonious balance of architectural design and community lifestyle, evident through its thoughtful layout and impressive amenities. The park’s architectural design showcases modern aesthetics while offering functional living spaces that enhance residents’ comfort and enjoyment.
Architectural Design
This redevelopment transformed a 25-acre brownfield into an inviting public amenity, setting a new standard for urban parks. The building, nestled into the park’s Northwest side, features tall hip-roofed forms that provide increased visibility and a sense of grandeur, allowing for a vibrant recreational area. Starlight Park amenities include sustainable features like bifurcated skylights that ensure natural light permeates indoor spaces, while energy conservation measures support environmental stewardship. Notably, the park showcases a mix of over 3,500 shrubs, nearly 200 trees, and 1.75 acres of wildflowers, contributing both beauty and ecological sustainability to the urban landscape67.
World-Class Facilities
Starlight Park complements its stunning architectural design with world-class facilities, including a playground, full-size soccer field, and two baseball fields. Residents can enjoy a rooftop swimming pool offering breathtaking city skyline views, a dedicated fitness studio, and a rooftop cinema that turns ordinary nights into extraordinary experiences. Community-focused amenities, such as a children’s play area and landscaped gardens, promote a vibrant and active lifestyle, encouraging a sense of camaraderie among residents8. The expansion of the park links seamlessly with the Bronx River Greenway, enhancing accessibility for everyone in the community, while new pathways enrich the exploration of outdoor spaces68.
Feature | Description |
---|---|
Playground | A safe and engaging space for children of all ages. |
Soccer Field | Full-size layout for recreational games and community events. |
Rooftop Pool | Stunning views and a relaxation space for residents. |
Fitness Studio | Well-equipped space promoting health and wellness. |
Cinema | Rooftop cinema experience for an enjoyable evening. |
Landscaped Gardens | A tranquil area integrating nature into the urban setting. |
Conclusion
The Starlight Park property development by Amwaj Development not only embodies luxury living but also represents a significant milestone in real estate investment within Dubai. Its strategic location in Meydan District 11 enhances the Starlight Park lifestyle, inviting residents to enjoy a community that thrives on community spirit and inclusivity. This premier destination offers diverse apartment options, ranging from one to three bedrooms, catering to the needs of both families and investors alike.
Moreover, the project reflects a thoughtful approach to urban planning, emphasizing sustainability and the creation of inviting green spaces. As a leading example of modern residential spaces, Starlight Park successfully merges luxury with ecological responsibility, establishing an environment where residents can experience outdoor beauty right at their doorstep. This commitment to quality living is mirrored in its well-structured payment plan, further solidifying its appeal as an attractive real estate investment opportunity.
In summary, Starlight Park stands as a beacon of excellence in residential development, offering a vibrant lifestyle that integrates luxury, community connections, and future-forward living. The carefully designed amenities and architectural features make it more than just a place to live; it’s a thriving ecosystem that promotes a fulfilling and engaging Starlight Park lifestyle for all who call it home. Explore more about this progressive initiative through its remarkable history and ongoing developments that continue to shape the Bronx and beyond here9.
FAQ
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Source Links
- https://uae-offplan.com/property/starlight-park
- https://www.saudigulfprojects.com/2024/06/uaes-amwaj-development-breaks-ground-at-starlight-park-residential-community-in-meydan/
- https://www.nycgovparks.org/highlights/bronx-river-greenway/then-and-now
- http://www.cyclopedia.us/2013-sd-starlight-park/
- https://www.turismoastronomico.org/en/gorafe-starlight-park/
- https://thefoxandthecity.com/articles/urban-alchemy-starlight-park
- https://www.aiany.org/architecture/featured-projects/view/bronx-river-greenway-starlight-park/
- https://betterfutureawards.com/MIL25/project.asp?ID=31714
- https://www.nyc.gov/site/ddc/about/press-releases/2023/pr-042823-StarlightPark.page