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Al Falak Residence, DSO

Al Falak Residence, DSO

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No.9, Dubai Marina, Dubai

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Area JLT

Family Friendly, Affordable

High-rise living by serene lakes

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Description

Al Falak Residence, DSO

Real Estate Overview

Building Overview

  • Al Falak Residence is a prominent residential building located in Dubai Silicon Oasis (DSO), known for its modern architecture and vibrant community.
  • This building is strategically situated near key landmarks, business hubs, and offers easy access to essential amenities.
  • The area is well-connected via public transportation, with nearby metro stations and bus routes facilitating convenient travel.

Properties Overview

  • Al Falak Residence offers a diverse selection of residential units, including spacious one, two, and three-bedroom apartments.
  • Rental rates typically range from AED 70,000 to AED 130,000 per year, depending on the unit size and layout.
  • For potential buyers, properties within this building are priced between AED 900,000 and AED 1.8 million, making it an attractive option for investment.

Market Trends

  • The rental market in Al Falak Residence has shown a steady increase in demand, with an average rental yield of 7% over the past year.
  • Property prices have appreciated by approximately 10% in the last year, reflecting the area's growth and desirability.
  • Future expectations indicate continued interest in DSO, driven by ongoing developments and infrastructure improvements.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents can access a variety of supermarkets, schools, and health care facilities within a short distance.
  • Nearby hospitals and clinics offer comprehensive health services, ensuring residents' well-being and convenience.

Transportation and Accessibility

  • The building benefits from its proximity to major roads and public transport options, including the Dubai Metro and bus services.
  • Ample parking spaces are available for residents and visitors, enhancing accessibility to and from the building.

Lifestyle Amenities

  • Al Falak Residence features a range of lifestyle amenities such as gyms, swimming pools, and recreational areas.
  • The surrounding area boasts a variety of dining options, including trendy cafes and restaurants, along with parks and outdoor activities for leisure and enjoyment.

Builing Facilities

  • Key facilities include high-speed elevators, 24/7 security services, central air conditioning, and regular maintenance support.
  • Residents can also enjoy communal areas designed for relaxation and social interaction.

Special Services

  • Al Falak Residence provides exceptional services like concierge assistance, guest services, and business center access for residents.
  • Unique amenities, such as dedicated children's play areas and shared lounges, foster a welcoming community.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of thoughtfully designed floor plans cater to different lifestyle needs, providing options for both renters and buyers.
  • Units feature modern finishes and layouts, optimizing space and functionality.

Things to Consider

  • Prospective tenants and buyers should consider factors such as local amenities, neighborhood safety, and building management services before making a decision.
  • It's advisable to review rental agreements or purchase contracts carefully to understand terms and responsibilities.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events, such as social gatherings and festive celebrations, foster a sense of belonging in Al Falak Residence.
  • Activities are organized throughout the year to engage residents and promote community interaction.

Community Identity

  • Al Falak Residence is distinguished by its modern design and vibrant community spirit, making it a sought-after residential choice in DSO.
  • Cultural and recreational features within the building enhance its identity, attracting a diverse mix of residents.

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Detailed Buiding Insights

1. Family Friendliness

Al Falak Residence offers a family-oriented environment with spacious apartments, playgrounds, and a supportive community that engages in various family activities.

Exceptionally Welcoming

2. Living Options

The community provides a variety of living options, including one, two, and three-bedroom apartments that cater to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The residence features state-of-the-art security systems, including CCTV surveillance and access control, ensuring a safe living environment for all residents.

Remarkably Secure

4. Transportation

With easy access to public transportation and major highways, commuting to different parts of the city is efficient and hassle-free for residents.

Very Convenient

5. Amenities And Facilities

Al Falak Residence offers a range of amenities such as swimming pools, fitness centers, parks, and recreational areas that enhance the living experience.

Richly Equipped

6. Cost Of Living

The cost of living in Al Falak is competitive compared to other communities within the area, providing good value for the amenities and living conditions offered.

Generally Reasonable

7. Things To Do

Residents can enjoy nearby shopping centers, restaurants, and recreational spaces, making it easy to find activities for all ages.

Excitingly Varied

8. Noise Levels

Most areas in the community maintain low noise levels, providing a tranquil atmosphere suitable for families and individuals seeking relaxation.

Generally Peaceful

9. Pet Friendliness

The community has pet-friendly policies and amenities such as dog parks, making it suitable for residents with pets.

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: 266.8K AED - 336.5K AED

Rent: 24.8K AED - 33.6K AED

Length: 200 sqft

Building Age: 11 Years

Floors: 29

Length of Stay:

Short Term : 3.92%
Short Term : 3.92%

A freehold master development divided into six districts, already containing over 350 towers or townhouse rows and 33 landscaped parks. 

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