Orchid Residence
✓ Resale Available

Orchid Residence

From AED 990,000·Completed Dec 2018·Developer payment plan available Payment
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AED 990,000
Starting Price
Dec 2018
Handover
Developer payment plan available
Payment Plan
1 BR · Apartments
Type

Project Overview

Orchid Residence is a residential apartment complex by developer Al Ansari Properties in the Dubai Science Park area. The multi-storey building is built according to a modern architectural concept with a well-thought-out configuration of sections, providing optimal lighting and views from the windows. The exterior of the complex is characterized by a laconic modern design: clean lines of facades are combined with panoramic glazing and elements of landscaping around the building. Apartments at the Orchid Residence are available in 1, 2 and 3 bedroom apartments. The interior is decorated in a modern style using high-quality materials: smooth matte surfaces, natural textures in accents, ergonomic layout. Thoughtful zoning creates a sense of spaciousness, and large windows fill the rooms with natural light. Residents of the complex can use a temperature-controlled swimming pool, a fully equipped gym, sauna and steam room, and a children's playground. The territory is landscaped with gardens, 24-hour security and video surveillance. Umm Suqeim Street and Sheikh Mohammed Bin Zayed Road are located nearby. Mall of the Emirates can be reached in 13 minutes, Dubai Internet City in 15 minutes, and Al Maktoum Airport in 25-30 minutes. Butterfly Garden and supermarkets of the area are within walking distance.

Project Specifications
DeveloperAl Ansari Properties
LocationDubai Science Park
Unit Types1 BR, Apartments
AreaDubai Science Park
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 42,719 / year
Cash-on-Cash
1.8%
Levered cashflow AED 10,049
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 64,350 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Orchid Residence launch basis1,100AED 990,000Current launch / asking basis
Dubai Science Park ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Science Park premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Orchid Residence official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Al Ansari Properties.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Central A/C
Children’s pool
Landscaped garden
Lift
Lobby
Open Kids Play Area
Parking
Sauna
Security and CCTV
Shared Jacuzzi
Shared gym & fitness
Steam
Temperature-Controlled Swimming Pool

Location

Dubai Science Park

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai Science ParkDubai Science ParkDubai, UAE

Developer Track Record

01

Orchid Residence by Al Ansari Properties

02

Located in Dubai Science Park

03

Starting from AED 990,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2018

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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