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Miska 5, Old Town

Miska 5, Old Town

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Strengths

Historical Charm

Central Location

Community Atmosphere

Weakens

Limited Parking

Noise Levels

Higher Living Costs

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Description

Miska 5, Old Town

Real Estate Overview

Building Overview

  • Miska 5 is a modern residential complex located in the picturesque Old Town, known for its historic architecture and vibrant atmosphere.
  • Situated in close proximity to key amenities, such as shops, cafes, and parks, Miska 5 offers an ideal lifestyle for residents.
  • The building is well-connected to public transportation, facilitating easy access to other areas of the city.
  • In comparison to other nearby buildings, Miska 5 stands out due to its contemporary design and comprehensive amenities.

Properties Overview

  • Miska 5 features a range of residential units available for both rent and purchase, appealing to diverse demographics.
  • Rental prices typically start from €1,200 per month for one-bedroom apartments, while two-bedroom units can command upwards of €1,800.
  • For buyers, properties in Miska 5 are priced competitively, with two-bedroom apartments available in the range of €300,000 to €450,000.

Market Trends

  • In the past year, the real estate market in Old Town saw a 5% increase in rental prices, making Miska 5 a valuable investment opportunity.
  • Buyers can expect a solid return on investment (ROI) due to the ongoing demand for residential properties in this desirable location.
  • Forecasts indicate continued growth in property values, driven by the area's appeal and economic development.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents of Miska 5 have convenient access to essential services including supermarkets, quality schools, and healthcare facilities.
  • Several reputable hospitals and clinics are located within a short distance, ensuring that healthcare needs are readily met.

Transportation and Accessibility

  • The building benefits from excellent transportation links, with multiple bus and tram stops nearby.
  • Ample parking spaces are available for residents, enhancing accessibility to various parts of the city.

Lifestyle Amenities

  • Miska 5 is surrounded by a variety of lifestyle amenities including gyms, leisure centers, restaurants, and hotels.
  • Outdoor enthusiasts can enjoy nearby parks and recreational areas, perfect for relaxation and activities.

Builing Facilities

  • The building is equipped with modern facilities such as high-speed elevators and round-the-clock security services.
  • Central air conditioning and regular maintenance ensure comfort and convenience for all residents.

Special Services

  • Residents enjoy additional services such as concierge support and dedicated guest services.
  • A well-appointed business center is available for professionals seeking a productive work environment within the building.

Planning Your Move or Investment

Floor Plans and Property Types

  • Miska 5 offers a diverse selection of floor plans, including studios, one-bedroom, and two-bedroom apartments to suit various preferences.
  • Each unit is thoughtfully designed to maximize space and comfort, making them ideal for individuals and families alike.

Things to Consider

  • Potential tenants and buyers should consider factors such as the property’s upcoming value trends, the cost of living, and community amenities.
  • It's also advisable to evaluate personal needs regarding space, layout, and proximity to work or school.

Useful FAQs and Support

Events and Building Life

Building Events

  • Miska 5 hosts regular community events and gatherings, fostering a sense of belonging and community among residents.
  • These include seasonal celebrations, fitness classes, and social meet-ups designed to enhance the living experience.

Community Identity

  • What sets Miska 5 apart is its blend of modern living with historical charm, influenced by the unique character of Old Town.
  • The building’s architecture and community-oriented approach contribute to a vibrant and enriching lifestyle for its residents.

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Detailed Buiding Insights

1. Family Friendliness

Miska 5 is known for its family-oriented atmosphere, with many parks and community activities that cater to children and parents alike, making it a perfect place for families.

Exceptionally Welcoming

2. Living Options

The community offers a wide range of housing options, from spacious family homes to modern apartments, meeting the varied needs of its residents.

Diverse and Accessible

3. Safety And Security

Miska 5 boasts a low crime rate and active community watch programs, contributing to a sense of safety and security among residents.

Highly Secure

4. Transportation

The area has well-established public transportation links and is easily accessible via major roadways, making commuting straightforward for residents.

Conveniently Connected

5. Amenities And Facilities

Residents enjoy access to a variety of amenities, including shopping centers, recreational facilities, and educational institutions - all within close proximity.

Richly Equipped

6. Cost Of Living

While the cost of living is slightly above the national average, it is justified by the quality of life and amenities available in the community.

Moderately Affordable

7. Things To Do

Miska 5 offers a rich selection of activities, from cultural events to outdoor activities, ensuring that there's always something to do.

Vibrantly Engaging

8. Noise Levels

Most areas of Miska 5 are tranquil, offering a peaceful environment due to well-planned zoning and community guidelines.

Generally Quiet

9. Pet Friendliness

The community is very pet-friendly, with numerous parks and walking trails designed for pet owners, and local regulations supporting responsible pet ownership.

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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Schools

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Local Information

Buy:

268.2K AED - 342K AED

Rent:

20.5K AED - 30.7K AED

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