Lolena Residence

TL;DR: Lolena Residence by Al Masarat Development is a completed 5-storey residential building in District 12, JVC, Dubai. Handed over in July 2019, it offers pet-friendly studios, 1-bed, and 2-bed apartments. With a pool, gym, and 24-hour security, studios are currently valued between AED 450,000 and AED 480,000.

Lolena Residence is a well-established, completed mid-rise residential development located in the vibrant District 12 of Jumeirah Village Circle (JVC), Dubai. Developed by Al Masarat Development (Al Masarat Real Estate), this modern 5-storey building (G+4) was successfully completed and handed over to residents in July 2019. Designed to offer stylish, contemporary living, Lolena Residence provides a comfortable, convenient, and community-focused lifestyle, making it a highly attractive option for young professionals, couples, and small families seeking a well-connected home in the heart of Dubai.

The building features a diverse mix of residential units, including efficiently designed studios, 1-bedroom, 2-bedroom, and spacious 3-bedroom apartments. The architecture focuses on maximizing natural light, with units boasting expansive floor-to-ceiling windows, contemporary designs, and premium finishes. As a mature development in the JVC secondary market, Lolena Residence offers excellent value. Recent transaction data indicates that studios are priced between AED 450,000 and AED 480,000. 1-bedroom apartments typically range from AED 630,000 to AED 725,000, while 2-bedroom units command between AED 740,000 and AED 930,000. For investors, the rental market is robust; 1-bedroom units reliably generate annual rents of AED 65,000 to AED 80,000.

Al Masarat Development has equipped Lolena Residence with a comprehensive suite of modern lifestyle amenities. Residents can maintain their health and wellness at the temperature-controlled swimming pool, the state-of-the-art gymnasium, or relax in the Jacuzzi, steam room, and sauna. The pet-friendly building caters to families with a dedicated kids' play area and beautifully landscaped lawns. Everyday convenience is assured with retail outlets and restaurants located within the building or in the immediate vicinity. Security and comfort are prioritized with 24-hour CCTV surveillance, concierge services, high-speed elevators, and secure basement parking.

The strategic location of Lolena Residence in JVC District 12 is a significant advantage. The building is situated in close proximity to popular community parks such as Thamam Park and Henna Park, offering ample green space. Furthermore, it provides effortless access to major Dubai road networks, ensuring that key business hubs, premier shopping malls like the Circle Mall, and entertainment destinations are always within easy reach. Lolena Residence represents a smart, comfortable investment in a thriving Dubai community.