Orchid Residence
Transemirates Contracting · 1BR, 2BR, 3BR · Dubai Science Park, Dubai
Orchid Residence is a residential project by Transemirates Contracting in Dubai Science Park, Dubai, offering 1BR, 2BR, 3BR layouts. Prices start from AED 990,000. This is an off-plan purchase with expected completion in December 2018 on a 60 / 40 payment plan. The indicative gross yield band for this area and unit mix is 7% – 9%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.
Orchid Residence is a modern residential apartment complex located in Dubai Science Park, developed by Transemirates Contracting.
Key facts
- Developer
- Transemirates Contracting
- Area
- Dubai Science Park, Dubai
- Property type
- 1BR, 2BR, 3BR
- Starting price
- AED 990,000
- Payment plan
- 60 / 40
- Expected completion
- December 2018
- Construction status
- Now selling
- Indicative gross yield
- 7% – 9%
Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who this project fits
Orchid Residence typically fits first-time Dubai investors who want a contained ticket and predictable rental income, across 1BR, 2BR, 3BR layouts in Dubai Science Park, Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 7% – 9%.
Risks to weigh
As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Dubai Science Park, Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Frequently asked questions about this project
How much does a unit at Orchid Residence cost?
Prices at Orchid Residence start from AED 990,000. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.
Where is Orchid Residence located?
Orchid Residence is located in Dubai Science Park, Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.
What is the payment plan for Orchid Residence?
The indicated payment plan is: 60 / 40. We verify the full structure, including milestones and the balance due at handover.
When is Orchid Residence expected to complete?
Expected completion is December 2018 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.
What yield can I expect at Orchid Residence?
The indicative gross band for this area and unit mix is 7% – 9%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who is the developer of Orchid Residence?
Orchid Residence is developed by Transemirates Contracting. We review their delivery record, build quality and value retention before recommending it.
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