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Al Manara Tower, JVT

Al Manara Tower, JVT

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Jumeirah Village Triangle (JVT), Dubai

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Strengths

Modern architectural design

Prime location

High-quality construction materials

Weakens

Limited parking spaces

Higher maintenance fees

Noise from surrounding roads

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Buildign Overview

Summary

  • Al Manara Tower is a modern residential building situated in the vibrant community of Jumeirah Village Triangle (JVT), enhancing the area's allure.
  • The tower is strategically located near key facilities such as supermarkets, parks, and dining options, while also providing convenient access to major roadways.
  • Nearby landmarks include the renowned Dubai Marina and Palm Jumeirah, making it an ideal location for residents who desire the best of urban living.

Properties Overview

  • Al Manara Tower offers a mix of apartments for both sale and rent, with units ranging from studios to elaborately designed three-bedroom residences.
  • Currently, rental prices vary, with studios starting around AED 45,000 per year, while larger units can fetch upwards of AED 90,000 per year.
  • Properties in this tower are popular among young professionals and families due to their modern amenities and competitive pricing.

Market Trends

  • Over the past year, there has been a steady increase in both rental and sales prices, with an estimated appreciation rate of 5% in property values.
  • Investors looking into Al Manara Tower can expect an attractive return on investment (ROI), typically around 7% annually, making it a promising choice in the JVT area.
  • Future expectations indicate continuous growth in demand as the community develops further, attracting more residents and businesses.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy easy access to numerous supermarkets and essential services, including healthcare facilities, schools, and fitness centers.
  • Several well-regarded schools located nearby cater to families, ensuring quality education is just a short commute away.

Transportation and Accessibility

  • Al Manara Tower benefits from excellent public transport connectivity, with bus services and planned metro stations within walking distance.
  • For car owners, ample parking space is available, enhancing the overall convenience for commuting.

Lifestyle Amenities

  • The building features on-site amenities including a fully equipped gym, swimming pool, and leisure areas, promoting a healthy lifestyle.
  • A diverse range of restaurants, cafés, and recreational spaces is accessible within the local vicinity, catering to all tastes.

Builing Facilities

  • Al Manara Tower is equipped with modern elevators, state-of-the-art security systems, and centralized air conditioning.
  • Routine maintenance services are provided to ensure a comfortable living experience for all residents.

Special Services

  • Additional services include a dedicated concierge team, guest reception services, and well-appointed business centers for professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, featuring open layouts that cater to different lifestyle preferences and family sizes.
  • Units are designed with contemporary interiors and high-quality finishes, offering luxury at an affordable price.

Things to Consider

  • Potential tenants and buyers should consider proximity to work, amenities, and future developments that could influence property value.
  • Evaluate the building's community vibe and lifestyle options to ensure a good fit.

Useful FAQs and Support

Events and Building Life

Building Events

  • Al Manara Tower hosts regular community events and gatherings that foster neighborly bonds and enhance the living experience.
  • These events often include seasonal celebrations, fitness classes, and workshops, encouraging engagement among residents.

Community Identity

  • The building is distinguished by its modern architectural design and a welcoming atmosphere that promotes a sense of community.
  • Unique features include landscaped gardens and rooftop areas that provide serene spots for relaxation amidst the bustling city.

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Detailed Buiding Insights

1. Family Friendliness

Al Manara Tower is highly regarded for its family-friendly atmosphere, featuring spacious apartments and nearby parks, making it ideal for families with children.

Exceptionally Welcoming

2. Living Options

The tower offers a variety of living options, including one, two, and three-bedroom apartments, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

Al Manara Tower boasts a robust security system with 24/7 surveillance, ensuring the safety of all residents.

Remarkably Secure

4. Transportation

The community is reasonably accessible via public transport, though proximity to major roads can make traffic a consideration during peak hours.

Moderately Convenient

5. Amenities And Facilities

Residents enjoy a wealth of amenities, including a swimming pool, gym, and nearby retail options, enhancing the overall living experience.

Richly Equipped

6. Cost Of Living

The cost of living in Al Manara Tower is competitive for the quality of housing and amenities provided, making it a fair option compared to similar communities.

Relatively Balanced

7. Things To Do

The area offers a variety of entertainment and dining options, from local eateries to international cuisine, ensuring there is always something to do.

Vibrantly Diverse

8. Noise Levels

Despite being located in a metropolitan area, Al Manara Tower maintains a tranquil environment, with noise levels typically low compared to neighboring areas.

Generally Peaceful

9. Pet Friendliness

The community is welcoming to pets, providing green areas for walking pets and a friendly atmosphere for pet owners.

Warmly Accommodating

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (0Beds)
Rent
33.7K AED
apartment (1Beds)
Rent
50.9K AED
apartment (2Beds)
Rent
77.4K AED
apartment (0Beds)
Sale
419.6K AED
apartment (1Beds)
Sale
639.2K AED
apartment (2Beds)
Sale
1.2M AED

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Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Buy: 340K AED - 1.4M AED

Rent: 10.3K AED - 85K AED

Developer:  Tiger Properties

Building Type: Residential

Building Age: 7 years(completed in 2017)

Unit Types :  studio, 1 and 2-bedroom apartments

Floors: 25 storeys

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

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