Afnan 1, Dubai Production City (IMPZ)

Dubai Production City (IMPZ), Dubai

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Strengths

Strategic Location

Modern Amenities

Community Environment

Weakens

Traffic Congestion

Limited Public Transport

High Maintenance Fees

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Strengths

Strategic Location

Situated in a growing economic area, providing easy access to major roads and business hubs.

Modern Amenities

Equipped with contemporary facilities including gyms, swimming pools, and retail spaces.

Community Environment

Offers a vibrant community atmosphere with parks and recreational areas.

Weaknesses

Traffic Congestion

Peak hours often see significant traffic issues affecting commute times.

Limited Public Transport

Public transportation options are somewhat limited, which may affect accessibility.

High Maintenance Fees

Regular maintenance costs can be higher compared to similar buildings in the area.

Considerations

Investment Potential

Increasing demand in Dubai Production City may enhance property value over time.

Future Developments

Upcoming developments in the vicinity could improve infrastructure and amenities.

Lifestyle Fit

Assess if the community lifestyle aligns with personal preferences and needs.

Buildign Overview

Summary

Afnan 1 is a modern residential tower located in Dubai Production City, part of the rapidly developing Integrated Media Production Zone (IMPZ).
The building offers easy access to essential amenities and attractions, making it an attractive choice for residents.
Nearby facilities include shopping centers, entertainment venues, and key landmarks such as the Dubai Marina and the Expo 2020 site.
Compared to similar projects in the area, Afnan 1 stands out for its competitive pricing and quality construction.

Properties Overview

Afnan 1 features a range of residential options, including one-, two-, and three-bedroom apartments.
Currently, the asking rental prices for apartments range from AED 40,000 to AED 80,000 per year, while sales prices typically vary from AED 600,000 to AED 1,300,000, depending on size and layout.
Popular units often include spacious two-bedroom and three-bedroom apartments that cater to families.

Market Trends

Rental rates in Dubai Production City have seen a steady increase, with an uptick of approximately 5% over the past year.
The sales market is also robust, with a growing interest among investors seeking properties with promising return on investment (ROI) of around 8% on average.
Future expectations indicate continued demand due to ongoing developments in the surrounding area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents have convenient access to supermarkets, schools, hospitals, and clinics within a short distance, ensuring all essential services are within reach.

Transportation and Accessibility

Public transport options include bus services connecting residents to major metro stations, enhancing accessibility to other parts of Dubai.
Ample parking space is available for residents and visitors, promoting ease of access.

Lifestyle Amenities

Afnan 1 includes multiple lifestyle options such as fitness centers, swimming pools, and recreational spaces.
Residents can also enjoy a variety of dining and leisure options, with numerous restaurants and cafes located nearby.

Builing Facilities

Key features of Afnan 1 include high-speed elevators, 24/7 security, central air conditioning, and concierge services for added convenience.
Regular maintenance services ensure a comfortable living experience.

Special Services

The building offers unique amenities such as business centers for professionals and community areas for social gatherings.

Planning Your Move or Investment

Floor Plans and Property Types

A diverse selection of floor plans is available to accommodate various lifestyles, including open layouts and larger family-friendly spaces.

Things to Consider

Potential residents and buyers should evaluate proximity to workplaces, schools, and their lifestyle preferences before making a decision.
Assessing the availability of parking and amenities is crucial.

Useful FAQs and Support

Events and Building Life

Building Events

Afnan 1 hosts regular community events, including seasonal celebrations and social gatherings, fostering a sense of belonging among residents.

Community Identity

The building is recognized for its modern architectural design and vibrant community life, differentiating it from other residential options in the area.

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Detailed Buiding Insights

1. Family Friendliness

Afnan 1 offers a family-friendly environment with numerous parks and playgrounds nearby, making it an ideal place for families with children. The community regularly organizes family-centric events and activities.

Exceptionally Welcoming

2. Living Options

Afnan 1 features a variety of living options, including spacious apartments with different layouts that cater to various family sizes and lifestyles. It attracts both expatriates and locals looking for a comfortable residence.

Broadly Diverse

3. Safety And Security

The community is equipped with modern security systems, including 24/7 CCTV surveillance and security personnel, which provides peace of mind to residents regarding their safety.

Remarkably Secure

4. Transportation

While Afnan 1 is well-connected to major roadways, public transportation options are somewhat limited, with a bus service available but no metro station nearby. Residents typically rely on cars for commuting.

Moderately Convenient

5. Amenities And Facilities

The community features a range of amenities, such as swimming pools, gymnasiums, children's play areas, and retail spaces, which cater to both leisure and lifestyle needs of residents.

Richly Equipped

6. Cost Of Living

The cost of living in Afnan 1 is competitive for a location in Dubai, offering affordable rental prices compared to other neighborhoods while still providing quality living conditions.

Relatively Balanced

7. Things To Do

Afnan 1 is close to a variety of entertainment and leisure options, including shopping malls, cafes, and recreational facilities, offering residents an engaging lifestyle without having to travel far.

Vibrantly Diverse

8. Noise Levels

The community is mostly tranquil, with noise levels being low due to its residential nature. However, occasional construction works in the area might cause temporary disruptions.

Generally Peaceful

9. Pet Friendliness

Afnan 1 is pet-friendly, with several parks and green spaces available for pet owners, making it a welcoming environment for residents with pets.

Warmly Accommodating

Schools

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Key Information

Developer: Deyaar Development PJSC

Building Type: Residential

Building Age: 5 years(Date of completion: June 2019)

Length: 176

Unit Types : Studio, 1 and 2-bedroom apartments

Floors: 18

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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