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Yansoon Residences is a real estate development complex located in the only low-rise residential community in central Dubai. The developer of this upscale project is the renowned Emaar Properties. Yansoon Residences comprises nine Arabic-style, low-rise buildings united by landscaped promenades with palm trees, recreational areas and swimming pools. Completed in 2006, Yansoon Residences offer spacious 1, 2 and 3 bedroom apartments with views of the Burj Khalifa, landscaped gardens and landscaped courtyards. The interior finishes of residences are presented in cream and brown colors and have oriental decorative elements, and all apartments are equipped with fitted bathrooms, a functional kitchen, balconies and panoramic windows. The minimum size of the one-bedroom apartments in the complex is 76 square meters (820 square feet), and the cost of housing starts from AED 1,400,000 (USD 381,000). The amenities and services provided to residents at Yansoon Residences include:
balconies in all residences;
outdoor pools with seating areas;
secure parking;
24-hour security;
landscaped promenades;
a modern gym;
high-speed elevators;
a children’s playground;
central location.
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Yansoon Residences is located in the upscale business and tourist hotspot of Downtown Dubai, yet within the gated community of the Old Town. The closest public transport stop, The Palace Downtown, is a 15-minute walk away and the Burj Khalifa / Dubai Mall metro station is a 20-minute walk away. The Dubai Opera Theater is a 15-minute walk away, while the Burj Khalifa Skyscraper with its famous Dubai Fountain, Souk Al Bahar Market and Dubai Mall are a 5-10 minute walk or a 3-minute drive away. Carrefour, Spinneys and Choithram supermarkets, restaurants, cafes, as well as international schools, children’s centers, medical facilities and banks are also located nearby.
From Yansoon Residences, residents of the complex can take transport to:
The Old Town is a separate area for a first-class lifestyle within Downtown Dubai, and the Downtown Dubai area itself offers not only well-developed business infrastructure but also cultural activities, parks, and walking areas. Downtown real estate is the focus of major investors, and Yansoon Residences is available for both rental and purchase. One-bedroom apartments in the complex can be purchased at an average price of around AED 1,400,000 (USD 381,000), and rents for this type of housing can be around AED 70,000 (USD 19,000) per year. Two-bedroom apartments in Yansoon sell for an average of AED 2,450,000 (USD 667,000) and can fetch up to AED 140,000 (USD 38,100) for rent. The average ROI for properties in Downtown Dubai is 5.25%.
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