Question 1

Who is the developer of ESSENL1FE Residence?

Accepted Answer

The developer of ESSENL1FE Residence is Object 1.

Question 2

Where is ESSENL1FE Residence located in Dubai?

Accepted Answer

ESSENL1FE Residence is located in Jumeirah Village Triangle (JVT), a popular and well-connected community in Dubai.

Question 3

What types of properties are available in ESSENL1FE Residence?

Accepted Answer

ESSENL1FE Residence offers studio apartments as part of an off-plan new development.

Question 4

How much does a property in ESSENL1FE Residence cost?

Accepted Answer

The starting price for a studio apartment in ESSENL1FE Residence is AED 876,971.99.

Question 5

What payment plans are available for ESSENL1FE Residence?

Accepted Answer

The payment plan includes 10% at booking, 50% during construction, and 40% at handover.

Question 6

When will ESSENL1FE Residence be handed over / completed?

Accepted Answer

ESSENL1FE Residence is expected to be completed and handed over by December 31, 2027.

Question 7

Can foreigners buy property in ESSENL1FE Residence?

Accepted Answer

Yes, foreigners can buy property in ESSENL1FE Residence as it is located in a freehold area of Dubai.

Question 8

Does purchasing property in ESSENL1FE Residence qualify for UAE Golden Visa?

Accepted Answer

The starting price of AED 876,971.99 does not meet the AED 2 million threshold required for UAE Golden Visa eligibility.

Question 9

What is the investment potential of ESSENL1FE Residence?

Accepted Answer

Jumeirah Village Triangle (JVT) is a sought-after area in Dubai with strong rental demand and potential for capital appreciation, making ESSENL1FE Residence a promising investment.

Question 10

Why choose ESSENL1FE Residence in JVT (Jumeirah Village Triangle)?

Accepted Answer

ESSENL1FE Residence offers modern amenities like a cinema, lagoon-style pool, and yoga area, all in a family-friendly community with excellent connectivity in JVT.