Residential complex Mangrove Residence in Expo City in Dubai
The residential complex Mangrove Residence at Expo City, which is currently under construction, is a modern development project with apartments and townhouses. The residential complex was created as part of the Expo City Dubai development in Dubai South.
The residential complex will include three apartment buildings and a spacious green area with trees, lawns, shrubs, walkways. Outdoor seating areas will be next to the buildings.
Residents of the off-plan Mangrove Residence in Expo City in Dubai will enjoy many amenities such as:
- Swimming pools for adults and children;
- A spacious terrace with sunbathing areas;
- A pool bar;
- Changing cabins;
- A spa and pool;
- A playground with attractions for children;
- A cascading waterfall;
- An equipped barbeque area and a gazebo with dining tables;
- A gym;
- A social club;
- Multifunctional rooms and a reading room;
- A variety of lounge areas for watching movies, working at your computer, or doing creative work.
The first phase of the development project has 450 residences consisting of:
- One-bedroom apartments with a floor area of 90–91 square metres.
- Two-bedroom apartments ranging from 127 m2 to 138 square metres.
- Three-bedroom apartments ranging from 158 m2 to 219 square metres.
- Two-storey, three-bedroom townhouses with a floor area of 224 square metres.
- Premium four-bedroom loft apartments with a floor area of 379 square metres.
Soon, two more clusters of the project will be launched under the names Sky Residences and Sidr Residences.
Property in Dubai South, Dubai, the UAE
Dubai South is a large mixed-use area south of Dubai where an international airport and free economic zones with numerous business centres are located.
One of the key communities in Dubai South is Expo City Dubai. This project is being created within a green concept framework to minimise the carbon footprint. Long walking and cycling paths and a convenient eco-friendly public transport system will be developed within the community. Parks and gardens will occupy 45,000 square metres of the community area. There are eco-friendly residential complexes with studios and apartments, as well as villages with modern houses, being built there now.
Residential properties in Dubai South are luxury complexes with villas, townhouses, high-rise buildings, studios, and spacious apartments. Different types of amenities, including swimming pools, cinemas, and event halls are in the residential complex.
Property for sale in Mangrove Residence in Expo City
The multi-apartment residential complex will be built on land where foreigners can own real estate. Non-residents of the United Arab Emirates can buy an apartment in Mangrove Residence in Expo City under full private ownership.
As the housing complex is in its early stages of construction, you can purchase a property at Expo City Dubai’s price. An apartment will have a lower cost than its market value only during this phase. One-bedroom apartments cost AED 1.37 million (USD 373,000). A spacious four-bedroom loft will cost AED 6.3 million (USD 1.7 million).
You can use a convenient payment plan when buying a property at Mangrove Residence in Expo City. The initial payment will be 10%. During construction, 35% will be required in small instalments. 5% will be paid when the building is finished. The remaining 50% of the total amount will have to be paid gradually over 60 months after the construction’s completion.
