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Al Alka 1, The Greens

Al Alka 1, The Greens

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The Greens, Dubai

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Strengths

Modern design

Community amenities

Strategic location

Weakens

High maintenance fees

Parking limitations

Noise levels

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Buildign Overview

Summary

  • Al Alka 1 is an elegant residential building situated in the thoughtfully planned community of The Greens. This development offers harmonious living spaces surrounded by lush landscapes.
  • The building is conveniently located near key amenities, including shopping centers, schools, and parks. It is well-connected to major roadways and public transport options.

Properties Overview

  • Al Alka 1 features a mix of one, two, and three-bedroom apartments that are ideal for both renting and purchasing.
  • Rental prices typically range from AED 55,000 to AED 120,000 annually, depending on the unit size and features, while sale prices for apartments can vary from AED 800,000 to AED 1.8 million.

Market Trends

  • The real estate market in The Greens has experienced stable rental rates, with a slight increase of 5-7% over the past year. This makes it an attractive option for investors.
  • Current trends suggest that investments in this area yield an average ROI of around 6-7%, making it a viable choice for long-term investment.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from nearby supermarkets, educational institutions such as Emirates International School, and healthcare facilities like MediClinic.
  • The surrounding area also offers various parks and recreational spaces for families.

Transportation and Accessibility

  • Al Alka 1 is well-serviced by public transportation, including bus routes and proximity to the Dubai Metro.
  • The building provides ample parking facilities for residents and visitors.

Lifestyle Amenities

  • The community features numerous lifestyle amenities, including gyms, swimming pools, and landscaped gardens.
  • Dining options range from casual eateries to fine dining establishments, catering to diverse culinary tastes.

Builing Facilities

  • Al Alka 1 is equipped with modern facilities, including high-speed elevators, 24/7 security, central air conditioning, and maintenance services for residents' convenience.

Special Services

  • Residents enjoy a range of special services, including concierge support and guest facilities, enhancing their living experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • Units in Al Alka 1 come in varied floor plans, accommodating the preferences of both families and professionals.
  • Layouts are designed to optimize space and provide comfortable living.

Things to Consider

  • Checklist for prospective buyers or renters should include proximity to work, lifestyle preferences, and overall community vibe.
  • Consider the developer's reputation, property management services, and any potential fees.

Useful FAQs and Support

Events and Building Life

Building Events

  • Al Alka 1 regularly hosts community events, fostering social connections among residents and encouraging an inclusive lifestyle.

Community Identity

  • The unique charm of Al Alka 1 lies in its beautifully designed architecture, vibrant community atmosphere, and access to nature, which collectively set it apart as a desirable residence in Dubai.

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Detailed Buiding Insights

1. Family Friendliness

The community is known for its family-oriented atmosphere, with ample parks and playgrounds, as well as family-centric events that foster a strong sense of belonging.

Exceptionally Welcoming

2. Living Options

Al Alka 1 offers a range of living options from spacious apartments to larger family homes, accommodating various lifestyles and preferences.

Broadly Diverse

3. Safety And Security

With well-lit streets, a visible security presence, and surveillance systems in place, residents feel extremely safe in this community.

Remarkably Secure

4. Transportation

Access to public transport is decent, but while commuting is manageable, some residents find it necessitates planning for longer trips.

Moderately Convenient

5. Amenities And Facilities

The area is replete with various amenities, including gyms, shops, a community center, and recreational facilities, catering well to residents' needs.

Richly Equipped

6. Cost Of Living

Living costs are reasonable considering the quality of life and available amenities, offering a good balance for individuals and families alike.

Relatively Balanced

7. Things To Do

A mix of dining, entertainment, and community events provides an engaging lifestyle, ensuring there's always something for everyone in Al Alka 1.

Vibrantly Diverse

8. Noise Levels

Most areas within the community are quiet, with occasional noise from activities, yet overall it provides a calm living environment.

Generally Peaceful

9. Pet Friendliness

The community welcomes pets warmly, featuring pet parks and friendly regulations that make it an enjoyable place for pet owners.

Warmly Accommodating

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Key Information

Building Type: Residential

Building Age: 17 years(completed in August 2007)

Unit Types : Studio, 1 and 2-bedroom apartments

Floors: 8

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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