
1 / 12
About the Project
Julphar Residence is an upscale 23-storey residential project by Ras Al Khaimah's largest listed real estate developer; RAK Properties. Nestled in the City of Lights on Al Reem Island, the development is designed to reflect the island's surroundings, with blue glass finishes that are skillfully combined with neutral sandy tones of the stone facade. The complex offers a collection of ready-to-move-in studios and 1–2 bedroom apartments, as well as a limited collection of three-bedroom apartments that are complemented with a maid's room. There are also full-floor units available for purchase for interested investors. In total, Julphar Residence houses 266 residential units. The size of the properties vary between a compact 347 sq. ft and a reasonable 1,916 sq. ft. Each apartment, except for select studios, comes with 1–2 balconies, which overlooks the scenic island. Wood and stone features add an air of sophistication to the interiors of the thoughtfully crafted residences, whilst the floor-to-ceiling windows allow an abundance of natural light during the day.
Available Units
Apartments
Features
New Launch
Nearby Landmarks
The residential complex is fully completed
which means that you can move in immediately after the deal is closed. If the amount of your investment constitutes AED 2M (USD 545K) or more
you become eligible for a 10-year Golden Visa. As a result
you can bring your family to the UAE and take advantage of offers and discounts from the Abu Dhabi Residents Office (ADRO) on property
hospitality
healthcare and other sectors. Julphar Residence is also a lucrative investment option
since one-bedroom properties in the City of Lights district generate an ROI of 6.6%
with an initial annual rental cost of AED 48K (USD 13K) as of Q1 2023. Such lucrative indicators guarantee a high stable income
should you decide to rent your property.


