Staff Report
Dubai, UAE
Tranquil Infra, a boutique developer has launched Blossom76, a luxury residential project in Jumeirah Village Circle (JVC) District 17, Dubai. Its construction is slated to begin on January 1, 2025, with handover scheduled for the first quarter of 2027. Tranquil Infra will partner with Emsquare Engineering Consultants for design, supervision, and architecture. Adnann Contracting LLC has been appointed as contractor.
Dr. Sharad Nair, Co-Founder & Chairman, said, “We harness quality, innovation, and sustainability to create value for investors. At Tranquil, we don’t just build homes; we craft lifestyles. We bring a fresh perspective to the market, blending cutting-edge design with unparalleled craftsmanship amidst Dubai’s bustling cityscape. We are setting a new standard for refined living, promising boutique residences that reflect elegance, sophistication, and timeless allure.”
Blossom76 offers 111 residences including studios, one-bedroom apartments with study and plunge pool, and two-bedroom apartments with laundry, study, and a private plunge pool. Prices start at Dh595,888. Residents can access recreational amenities that include kids play area, swimming pool with a water feature, rooftop gym, yoga place, BBQ and an outdoor deck, along with retail spaces on the ground floor.
Aditya Khurana, Co-Founder & Managing Director, said, “Tranquil Infra Developers aspires to create iconic developments that become benchmarks in the industry, known for their architectural brilliance, sustainable design, and exceptional quality. We believe in creating communities and lifestyles that embody tranquility and elegance. We offer smart and flexible investment opportunities that offer high ROI and develop properties that reflect our unwavering commitment to quality and tranquility.”
The launch of properties in JVC underscores the robust demand for off-plan properties in the area. With an average price of Dh1,450 per square foot, JVC is an attractive investment proposition for those looking to invest in real estate that promises growth, returns, affordability, family-friendly amenities, luxury, quality, and strategic location.
Since January 2020, JVC has accounted for 10.64 percent of overall registered sales in Dubai. Between 2012 and 2024, JVC apartment rents have appreciated by 188 percent, with studios, one- and two-bed apartments fetching over 8-10 percent return on investment (ROI), with a yield of over 6.67 percent. This indicates a favourable rental market, buoyed by strong demand from tenants attracted to the district’s family-oriented amenities and well-developed infrastructure. Tenants are gradually becoming property owners as rent prices rise due to an increase in the number of foreign workers entering the country.
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Also read: Pakistan’s Bahria Town to build master community in Dubai South
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