Freehold Building for Sale in Dubai
with 1 & 2BR Apartments, Retail & Parking Spaces

Flamingo Residence building in Meydan with 43 one & two-bedroom residences for sale. This is a unique offering in the Dubai real estate market because the building combines an excellent location, fully furnished apartments and 100% ownership for foreign investors

AED 47,000,000

Starting Price

15,000 sqft

Plot Size

 

37,857 sqft

BUA

 
 

Flamingo Residence Building for Sale in Dubai

Flamingo Residence is a 4-storey complex constructed in the sophisticated Art Deco style, with a total built-up area of 37,857 sqft. Located at the prestigious address of Meydan, it is now fully available for sale to interested real estate investors of all nationalities. The low-rise complex offers a total of 43 one & two-bedroom apartments of 617 to 1,700 sqft. Besides properties, it offers 1 retail space and 53 parking spaces for the utmost convenience of its residents and owners. The façade of Flamingo Residences boasts stunning finishes of travertine stone, while interiors are decorated with green and white marble.

Each apartment has floor-to-ceiling windows and balconies, which provide a stunning view of the leafy park. Moreover, all residences are fully-furnished and equipped with Electrolux and Panasonic appliances, including a gas cooker, an over, a hood, a fridge and a dishwasher. Homeowners and tenants in Flamingo Residence Dubai will also have built-in wardrobes at their full disposal.

Green

Community

 

24/7

Security

 

Outdoor

Pool

Kids

Play Zone

 

Ready to Move-In One of A Kind Residence

Flamingo Residence Ideally Located in Dubai Meydan

Due to its convenient location in Meydan, Nad Al Sheba, Flamingo Residence offers excellent connectivity with the rest of the Emirate via Al Meydan Road and Al Ain Road. For instance, it will take a maximum of a 10-minute drive to reach the world-famous Burj Khalifa tower in Downtown Dubai area.

For a daily/weekly grocery tour, residents and owners of Flamingo Residence can visit Spinneys HQ-Meydan, in the immediate vicinity of the complex. The area of Meydan is widely famed for hosting international championships in football and horse racing on a regular basis. In fact, Flamingo Residence is located within a 10-minute’ walk from the highly popular Meydan Racecourse.

For more leisure activities, it is possible to easily access Qube Shisha Lounge, Iris Meydan, Soho Garden DXB and Caprice Dubai. Meanwhile, golf amateurs and professionals will enjoy practicing their skills in the Track Meydan Golf.

Taking into account its favorable location, just 15 minutes away from Dubai International Airport, Flamingo Residence is a highly profitable option for investment. It can be repurposed as a hotel or it is possible to sell/rent out all apartments within the building and remain the sole owner of the complex. ROI of Flamingo Residence ranges from 5.1% to 6%, as of Q4 2021, and of course, a hotel will generate higher yields. The tower was fully completed in Q4 2019, thus, you can earn profit from the building immediately after the purchase.

10 Minutes
to Downtown Dubai

20 Minutes
to Dubai Marina

15 Minutes
to DXB Airport

30 Minutes
to DWC Airport

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