The Estate Residence is a residential complex that represents the first phase of the Estates development project by MAG Group. It was fully commissioned in 2021 and features villas. It is located in the western part of the Al Furjan district near Al Asayel Street and the Discovery Gardens Metro Station 2.
The Estate Residence offers four- and five-bedroom villas ranging in size from 2,900 sq. ft. (269 sq. m) to 6,513 sq. ft. (605 sq. m). Units have individual plots and feature staff accommodations and parking spaces. The facades were finished using sand and cream tones. Properties range in price from AED 1,960,000 (USD 534,000) to AED 5,200,000 (USD 1,416,000).
The Estate Residence offers a family-friendly living environment situated away from Downtown Dubai. Residents are allowed pets, and the location offers quick access to the IBN Battuta Mall, as well as other major attractions.
The Estate Residence offers properties that are suitable for personal use, as well as investment purposes. Villas can be purchased to subsequently rent out, which is particularly popular among families with children that are looking for long-term rental units. The area attracts visitors and professionals to EXPO-2020, a part of Dubai that is actively transitioning into a new pedestrian zone and a landmark of the emirate. On average, the Al Furjan area has villas with a return on investment rate of 5.57%.