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Al Ashram Building, Al Muteena

Al Ashram Building, Al Muteena

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Al Muteena, Dubai

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Strengths

Prime Location

Modern Amenities

Spacious Interiors

Weakens

High Maintenance Fees

Limited Parking Space

Noise Levels

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Buildign Overview

Summary

  • Al Ashram Building is a prime residential structure located in the heart of Al Muteena, a thriving community in Dubai.
  • The building is conveniently situated near essential amenities, including shopping centers, parks, and local eateries.
  • Public transportation options are abundant, with several bus stops nearby and easy access to the Metro, enhancing connectivity to other parts of Dubai.
  • Surrounding landmarks include Al Muteena Park and various cultural spots that add vibrancy to the area.

Properties Overview

  • The building offers a range of apartments available for both rent and purchase, catering to diverse preferences.
  • Popular units include 1-bedroom and 2-bedroom apartments, which are favored for their spacious layouts and modern amenities.
  • Rental prices typically range from AED 42,000 to AED 85,000 annually, while sales prices can vary between AED 700,000 and AED 1,500,000 depending on the unit size and features.

Market Trends

  • The rental market in Al Muteena has shown a steady increase, with current rates reflecting a year-on-year growth of approximately 5%.
  • Sales trends indicate a stable demand, with an average return on investment (ROI) hovering around 7%, making it an attractive option for investors.
  • Market expectation shows a positive outlook, with anticipated growth in both rental and sales prices as the area continues to develop.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy proximity to several supermarkets, schools, and hospitals within a short distance.
  • Notable healthcare facilities nearby include Al Muteena Medical Center and several pharmacies, ensuring convenient access to medical services.
  • Educational institutions such as Al Ameen Private School provide quality education options for families.

Transportation and Accessibility

  • The building boasts excellent public transportation links, with buses and the Metro providing efficient travel options.
  • Ample parking spaces are available for residents who own vehicles, enhancing overall accessibility.

Lifestyle Amenities

  • Lifestyle offerings include nearby gyms, fine dining restaurants, and cafes, creating a rich living experience.
  • Parks and recreational areas encourage outdoor activities, offering a balanced urban lifestyle.

Builing Facilities

  • Al Ashram Building is equipped with essential amenities such as high-speed elevators, 24/7 security, and central air conditioning.
  • Maintenance services are readily available, ensuring a hassle-free living environment for residents.

Special Services

  • Additional services like concierge support and guest management add a touch of luxury and convenience to the living experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building features various floor plans, from cozy studios to expansive two-bedroom apartments, meeting the needs of single professionals and families alike.

Things to Consider

  • Prospective tenants and buyers should consider factors such as proximity to transport, amenities, and the overall community vibe when making their decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • The community hosts regular gatherings, enhancing social interactions among residents and fostering a sense of belonging.

Community Identity

  • Al Ashram Building is recognized for its modern architecture and vibrant community life, making it a sought-after location for families and professionals alike.

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Detailed Buiding Insights

1. Family Friendliness

The community is very accommodating to families, with nearby parks and family-oriented activities that cater to children and parents alike.

Exceptionally Welcoming

2. Living Options

The Al Ashram Building offers a range of apartment sizes and styles, catering to singles, couples, and families, ensuring diverse living options for all.

Broadly Diverse

3. Safety And Security

The building is equipped with security systems, including surveillance cameras and secure access points, enhancing the safety of residents.

Remarkably Secure

4. Transportation

Public transport options are within walking distance, making commutes relatively easy, though traffic can be congested during peak hours.

Moderately Convenient

5. Amenities And Facilities

Amenities including a gym, swimming pool, and community lounge provide residents with excellent facilities for leisure and fitness.

Richly Equipped

6. Cost Of Living

While the cost of living is slightly higher than average, the range of amenities and the quality of life offered justify the expense.

Relatively Balanced

7. Things To Do

The area boasts a variety of restaurants, shops, and entertainment options, catering to various interests and lifestyles.

Vibrantly Diverse

8. Noise Levels

The community maintains a relatively quiet atmosphere, though some noise from surrounding streets can occasionally be heard.

Generally Peaceful

9. Pet Friendliness

Pets are welcomed in the building, with nearby parks and pet-friendly facilities, making it a great place for pet owners.

Warmly Accommodating

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Key Information

Building Type: Commercial

Building Age: 11 years(completed in 2013)

Unit Types : Offices and showrooms

Floors: 5

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

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