Ellington Oakley Square Residences
Jumeirah Village Circle (JVC), Dubai, UAE
AED 840,000
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About This Property
Oakley Square Residences is a new residential complex in JVC District 11. Properties in the building are presented by studios as well as 1 & 2-bedroom apartments for sale.
The development company of the project is Ellington Properties. There is a wide range of amenities in the Ellington Oakley Square Residences project including indoor and outdoor fitness area, bike parking, swimming pool and children’s pool, electrical vehicle charging stations, workstation desk, lobby, outdoor children’s playground, cinema room, etc.
At the moment the complex is under construction with the anticipated date of completion in the second quarter of 2024. By purchasing real estate in the Ellington Oakley Square Residences project, owners will be eligible to apply for a 3-year investor visa, which allows a family sponsorship, including spouse, children, and parents.
Benefits of the visa comprise the right to reside in the UAE, to acquire a UAE driving license, to open a bank account and much more.
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Price
AED 840,000
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Yes, foreigners can buy property in designated freehold areas in the UAE. They can own properties outright or leasehold depending on the location and legal framework.