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Zanzebeel 3, Old Town

Zanzebeel 3, Old Town

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Description

Zanzebeel 3, Old Town

Real Estate Overview

Building Overview

  • Zanzebeel 3 is a prestigious residential tower located in the heart of Old Town Dubai, offering picturesque views and a vibrant community vibe.
  • The building is in proximity to key attractions such as the Burj Khalifa and The Dubai Mall, making it an ideal location for residents who appreciate urban living.
  • Additionally, residents benefit from easy access to public transportation, including the Dubai Metro, enhancing connectivity to other parts of the city.

Properties Overview

  • Zanzebeel 3 features a range of properties, with a variety of one, two, and three-bedroom apartments available for rent and sale.
  • Average rental prices for one-bedroom apartments start around AED 80,000 per year, while two-bedroom units typically range between AED 120,000 and AED 150,000.
  • For buyers, prices usually vary with one-bedroom apartments starting from AED 1.2 million to AED 1.5 million, depending on the view and floor level.

Market Trends

  • In the past year, the rental market has seen a slight increase, with an average growth rate of 5% due to high demand.
  • Sales prices have stabilized after a previous decline, indicating a potential upward trend for future investments.
  • ROI for investors is positive, with average returns of approximately 6% in this highly sought-after area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The vicinity of Zanzebeel 3 includes various supermarkets, premium retail outlets, and international schools.
  • Healthcare facilities such as hospitals and clinics are nearby, ensuring access to quality medical care.

Transportation and Accessibility

  • Public transportation options include buses and the metro, allowing residents to travel easily around the city.
  • Ample parking spaces are available for residents and guests, contributing to the building's accessibility.

Lifestyle Amenities

  • Residents can enjoy numerous lifestyle amenities, including a state-of-the-art gym, swimming pools, gourmet restaurants, and cafes.
  • Outdoor activities are easily accessible, with parks and leisure areas within walking distance.

Builing Facilities

  • Zanzebeel 3 is equipped with modern facilities such as high-speed elevators, round-the-clock security, and central air conditioning.
  • Regular maintenance services ensure the upkeep of the building and comfort for all residents.

Special Services

  • The building offers concierge services, assisting residents with reservations, maintenance requests, and various inquiries.
  • Additional amenities include a business center and guest services, catering to both residents and visitors.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building provides diverse floor plans that cater to different lifestyles and family sizes, ranging from compact one-bedroom to spacious three-bedroom layouts.

Things to Consider

  • Potential tenants and buyers should evaluate their needs, considering factors such as space requirements, budget, and proximity to work or schools.
  • Understanding the community, amenities, and security features before making a decision is crucial.

Useful FAQs and Support

Events and Building Life

Building Events

  • Zanzebeel 3 hosts regular resident gatherings and seasonal events, fostering a strong community spirit.
  • Social activities and workshops are organized throughout the year to engage residents and build relationships among neighbors.

Community Identity

  • The building is characterized by its unique Arabian architecture, blending modern living with cultural elements.
  • This fusion of tradition and innovation contributes to a vibrant community atmosphere that is welcoming and inclusive.

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Detailed Buiding Insights

1. Family Friendliness

Zanzebeel 3 is known for its strong community spirit and family-oriented amenities, making it an ideal environment for children with various parks and recreational activities available.

Exceptionally Welcoming

2. Living Options

The community features a variety of housing options ranging from affordable apartments to spacious family homes, catering to diverse income levels and family sizes.

Broadly Diverse

3. Safety And Security

The area has low crime rates and a visible police presence, along with well-lit streets and community watch programs that enhance safety.

Remarkably Secure

4. Transportation

Public transportation options are available, but some areas may require a vehicle for easier access to the city center and surrounding regions.

Moderately Convenient

5. Amenities And Facilities

Residents enjoy a variety of shopping centers, schools, and recreational facilities, including sports complexes and libraries, all within a short distance.

Richly Equipped

6. Cost Of Living

The cost of living is moderate with housing prices that align with the amenities provided, ensuring good value for most residents.

Relatively Balanced

7. Things To Do

A wide array of activities is available, from cultural events to outdoor activities, providing entertainment for residents of all ages.

Vibrantly Diverse

8. Noise Levels

Though some areas experience occasional noise due to nearby traffic, the majority of the community maintains a tranquil atmosphere.

Generally Peaceful

9. Pet Friendliness

Many parks and pet-friendly facilities are available, making it easy for residents to enjoy their pets without concern.

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:

239.2K AED - 342.3K AED

Rent:

21.4K AED - 30.5K AED

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