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Victoria Residency, Al Furjan

Victoria Residency, Al Furjan

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Strengths

Modern Architecture

Amenities

Location

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Description

Victoria Residency, Al Furjan

Real Estate Overview

Building Overview

  • Victoria Residency is a contemporary residential complex located in the vibrant Al Furjan community.
  • The building features close proximity to a variety of local amenities such as schools, parks, and shopping centers.
  • It's conveniently situated near major highways, providing easy access to public transportation and other neighborhoods.
  • Nearby landmarks include the Al Furjan Pavilion and the Expo 2020 site, enhancing its allure for residents.

Properties Overview

  • The residency offers a range of properties, including spacious apartments suitable for both renting and buying.
  • Popular unit types include 1-bedroom and 2-bedroom apartments, featuring modern designs and ample living space.
  • Rental prices for units typically start around AED 50,000 annually, while sale prices can range from AED 700,000 to AED 1,500,000 depending on the unit type and floor size.

Market Trends

  • The property market in Al Furjan has seen a steady increase in demand, with rental prices showing a rise of approximately 8% over the past year.
  • Sales trends indicate that properties are appreciating, with a projected return on investment (ROI) of around 6-7% for buyers.
  • Market forecasts suggest continued growth as the area develops further, with new amenities and improved infrastructure.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have easy access to several supermarkets, schools, and healthcare facilities, ensuring all essential services are nearby.
  • Educational institutions in the vicinity include international schools catering to various curricula.
  • Healthcare options include clinics and hospitals located within a short drive.

Transportation and Accessibility

  • The location offers excellent public connectivity with nearby metro stations and bus routes.
  • For those who drive, ample parking spaces are available, enhancing convenience for residents.

Lifestyle Amenities

  • Victoria Residency provides a wide range of lifestyle amenities, including a fitness center, swimming pool, and landscaped gardens.
  • Dining options within the area include various international cuisines and local eateries, catering to diverse tastes.
  • Nearby parks and recreational facilities encourage outdoor activities and family gatherings.

Builing Facilities

  • The building boasts modern facilities including high-speed elevators, round-the-clock security, and central air conditioning.
  • Maintenance services are readily available to ensure a seamless living experience for residents.

Special Services

  • Residents can benefit from concierge services and guest support to assist with their needs.
  • Business centers within the building provide spaces for meetings and work requirements, adding convenience for professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • Victoria Residency features a diverse range of floor plans, including options tailored for families, couples, and individuals alike.
  • Properties vary in size from compact 1-bedroom units to expansive 3-bedroom layouts, catering to different lifestyles.

Things to Consider

  • Prospective tenants and buyers should evaluate their needs in terms of space, amenities, and proximity to work and school.
  • It's advisable to consider the building’s overall management, community vibe, and future developments in Al Furjan.

Useful FAQs and Support

Events and Building Life

Building Events

  • Victoria Residency hosts regular community events, fostering a strong sense of community among residents.
  • Social gatherings, holiday celebrations, and fitness classes promote engagement and connectivity.

Community Identity

  • The building's unique identity lies in its commitment to modern living combined with community spirit, making it a desirable place to live.
  • Distinct architectural features and lush landscaping enhance its appeal, complemented by a diverse community.

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Detailed Buiding Insights

1. Family Friendliness

Victoria Residency is designed with families in mind, offering spacious apartments and nearby parks, making it ideal for children to play safely.

Exceptionally Welcoming

2. Living Options

The community offers a range of living options, including apartments with varying sizes and layouts, catering to both singles and families.

Broadly Diverse

3. Safety And Security

The premises boast advanced security features including CCTV surveillance and 24/7 security personnel, ensuring residents feel safe.

Remarkably Secure

4. Transportation

While public transit is available, residents may find having a personal vehicle more convenient due to limited direct access to metro stations.

Moderately Convenient

5. Amenities And Facilities

The community offers a variety of amenities including swimming pools, gyms, and recreational areas, promoting an active lifestyle.

Richly Equipped

6. Cost Of Living

Housing prices in Victoria Residency are competitive compared to similar communities, providing good value for the quality of living.

Relatively Balanced

7. Things To Do

There are numerous leisure and entertainment options nearby, including malls, restaurants, and parks, making it an active neighborhood.

Vibrantly Diverse

8. Noise Levels

Despite being close to urban facilities, the community maintains a tranquil environment, largely due to thoughtful architectural planning.

Generally Peaceful

9. Pet Friendliness

Pets are welcomed with pet-friendly policies and nearby parks, making it an excellent choice for pet owners.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

281.7K AED - 393.3K AED

Rent:

22.7K AED - 33.8K AED

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