Connect with us

Real Estate

GGICO Announces Launch of Topaz Residences

GGICO has announced the launch onto the market of its latest real estate project, Topaz Residences, located at Dubai’s Silicon Oasis.

Published

on

GIGICO

GGICO has announced the launch onto the market of its latest real estate project, Topaz Residences, located at Dubai’s Silicon Oasis. The property development division, part of GGICO Conglomerate, aims to emulate the successful sell out recently of its previous real estate residential projects by continuing with its popular model of offering high quality housing available through affordable payment plans.

“Buying in Topaz Residences is a great opportunity for owner occupiers or investors – it ticks all the boxes for the purchase of property in Dubai,” said Andrew Chambers, CEO of GGICO Properties. “A Topaz Residences property will provide owners with a good return on investment, a secure environment and of course the enjoyment of what will be the primary consideration for many, a high quality home surrounded by numerous premium facilities and amenities,” he added.

Phase One of Topaz Residences is being launched at Silicon Oasis with one-bedroom apartments starting at AED 536,892. Each one features a fully equipped kitchen, with supplied appliances including a cooker, washing machine, fridge and microwave. The apartments are appointed with luxury fitted bathrooms and have a high degree of finishing, with solid wood doors and contemporary interior designs throughout. Premium communal facilities include swimming pool, a fully equipped gym with steam room and sauna.

GGICO Properties is offering its Phase One Topaz Residences’ apartments with a 30/70 three-year payment plan, with the balance to be paid at 2% per month from completion, free of interest. The company says that purchasing in the development will offer significant capital growth because of the strength of Silicon Oasis as an robust and growing community and the planned extension to the Dubai Metro Green Line, which will see a new station servicing the community within the next five years.

“Silicon Oasis is already experiencing strong rental demand and delivering healthy yields – something that can only increase because of the planned extension to the Green Line. We have already witnessed the rise in property prices in the locations that the Metro serves and the opening up of a new station will increase the area’s desirability even further. It will be a major contributor to the development becoming a highly sought after location to live. Another factor that will lead to the inevitable increase in prices of Silicon Oasis property is its location in the Expo2020 corridor. These elements place Topaz Residences property in a prime position to grow in value over the next five years,” added Chambers.

As a prime development in what is a state-of-the-art technology park, Topaz Residences enjoys close proximity to the city and is 15 minutes away from Dubai International Airport and its business districts. Silicon Oasis has developed a reputation for being a family friendly community, with renowned educational establishments GEMS Wellington Academy, and International Indian High School situated there. The development is home to a wide range of amenities, including shops, restaurants, clinics and banks. Established brands that have a presence at Silicon Oasis include Spinneys supermarket, Marina Pharmacy and Premier Inn hotel.

Continue Reading
Advertisement
Advertisement

Latest

Sports2 months ago

Continental Racing: Emirati Team Clinches Victory in GT4 Class at the Hankook 24H Dubai

In a weekend filled with high-octane excitement, the celebrated Hankook 24H Dubai race returned to the famed Dubai Autodrome, continuing...

Art & Culture2 months ago

du achieves the Best Culture & Employee Engagement in the Region with 81% Rating in Glint’s Index

du, from Emirates Integrated Telecommunications Company (EITC), today announced results of the Culture & Employee Engagement Index survey conducted through...

Food & Beverages2 months ago

Dinner on the Beach: A Culinary Journey with French Flair at Drift Beach Dubai

This Valentine’s Day, DRIFT introduces a captivating experience – Dinner on the Beach. For the first time at DRIFT, relish...

Travel & Tourism2 months ago

Readers are rewarded at emirates airline festivals of literature

Emirates Airline Festival of Literature kicked off the first day of their 2024 edition with a ceremony to honour the...

Events & Happenings2 months ago

Abu Dhabi Festival 2024 Honors Giacomo Puccini’s Legacy With Spectacular Gala Concert

In the presence of H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah,...

Healthcare2 months ago

Emirates Health Services concludes its successful participation in Arab Health 2024

Emirates Health Services, the exclusive partner in healthcare services, successfully concluded its participation in Arab Health 2024, which concluded on...

Automotive2 months ago

Ride in Style: Don’t Miss Out on Arabian Automobiles’ Renault Duster Offers

Renault of Arabian Automobiles, the exclusive Renault dealership serving Dubai, Sharjah, and the Northern Emirates, and a flagship company within...

Information & Technology2 months ago

Emirates Post Group Unveils New Brand Identity ‘7X’ for Future

Emirates Post Group Company (EPG) has unveiled its new brand identity – 7X – during an exclusive event at Madinat...

Health & Fitness2 months ago

Emirates Health Services “Basma” Project Addresses Healthcare Requirements in 313 Schools

Dr. Shamsa Majid Lootah, Director of the Public Health Department at Emirates Health Services (EHS), announced the launch of the...

Health & Fitness2 months ago

MoHAP hosts panel discussion on Nursing future at Arab Health 2024

"Nursing… Ambitious Future Insights"

News2 months ago

‘Vilal Housing’ to deliver 50 Residential Villas by 2024 to its Clients in the UAE

The nation-wide company constructs homes exclusively for UAE citizens across 7 emirates

News2 months ago

Statement by Ahmad bin Meshar Al Muhairi, Secretary General of SLC

on the Anniversary of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum’s accession as the Crown Prince of...

Automotive2 months ago

Audi Middle East and Museum of the Future enter 3rd year of partnership, with the showcase of the revolutionary activesphere concept

Audi Middle East and Museum of the Future have announced the arrival of the revolutionary activesphere concept car, marking a...

News2 months ago

Watani Al Emarat signs MoU with Emirates Society for Parent Care and Relief

To strengthen collaboration in organizing and supporting the senior citizen community

News2 months ago

Global Village announces second Geely Raffle Draw for a chance to win a Flagship Geely Tugella

Raffle participation will run until March 7th, and winner will be announced at Global Village on March 8, 2024 from...

Advertisement

Trending