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Al Meraikhi Tower 2, Deira

Al Meraikhi Tower 2, Deira

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Deira, Dubai

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Strengths

Prime Location

Modern Amenities

Affordable Pricing

Weakens

Limited Parking

Elevator Wait Times

Noise Pollution

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Buildign Overview

Summary

  • Al Meraikhi Tower 2 is a prominent residential and commercial skyscraper located in Deira, Dubai.
  • This modern tower is strategically positioned near major shopping centers, such as Deira City Centre, and popular attractions, including the Dubai Creek.
  • Residents enjoy excellent connectivity via public transport, including the nearby metro station, making commuting seamless.

Properties Overview

  • The building offers a mix of spacious apartments, ranging from studios to multi-bedroom units, catering to diverse living preferences.
  • Rental prices vary based on unit size, typically ranging from AED 40,000 to AED 100,000 annually.
  • For buyers, property prices are mostly competitive, with two and three-bedroom units averaging around AED 1.2 million.

Market Trends

  • The real estate market in Deira has seen a steady increase in rental values, reflecting an uptick in demand for housing.
  • Investors can expect a reasonable return on investment (ROI), with rental yields averaging between 7% to 9%.
  • In the past year, the neighborhood has experienced growth in community-driven developments, indicating future market stability.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to several well-regarded schools, such as Al Ameen Private School and Dubai International School.
  • Healthcare services are readily accessible with several hospitals and clinics, including the Canadian Specialist Hospital and Mediclinic.

Transportation and Accessibility

  • Public transportation options are plentiful, including a nearby metro station and numerous bus routes.
  • The building features ample parking facilities, ensuring convenience for residents with vehicles.

Lifestyle Amenities

  • Residents can indulge in lifestyle amenities like fitness centers, cafes, and a range of dining options within walking distance.
  • Local attractions include parks and recreational areas, perfect for outdoor activities and gatherings.

Builing Facilities

  • Al Meraikhi Tower 2 includes high-speed elevators, 24/7 security services, and central air conditioning.
  • Maintenance services are available to ensure the building's standards are consistently met.

Special Services

  • The building features concierge services to assist residents with various needs, providing a touch of luxury.
  • Business centers and meeting facilities are available for residents who require workspaces.

Planning Your Move or Investment

Floor Plans and Property Types

  • A range of flexible floor plans is available, including one-bedroom and larger family-oriented units to accommodate diverse lifestyles.

Things to Consider

  • Prospective tenants and buyers should assess property orientation, amenities offered, and long-term investment potential.
  • It is advisable to review community rules and regulations, as well as any associated fees.

Useful FAQs and Support

Events and Building Life

Building Events

  • Al Meraikhi Tower 2 hosts regular community events, such as seasonal celebrations and fitness classes, fostering a sense of togetherness.

Community Identity

  • The building is characterized by its modern architecture and vibrant community spirit, often recognized for its engaging social activities.

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Detailed Buiding Insights

1. Family Friendliness

The community is known for its family-friendly environment, with plenty of parks and recreational areas for children, as well as family-oriented events throughout the year.

Exceptionally Welcoming

2. Living Options

Al Meraikhi Tower 2 offers a variety of living options including spacious apartments and modern amenities, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The area boasts a robust security presence, including surveillance cameras and secure access to buildings, ensuring a safe living environment for residents.

Remarkably Secure

4. Transportation

Located near major roads and public transportation options, commuting to various parts of the city is relatively easy, making it suitable for residents with different travel needs.

Conveniently Accessible

5. Amenities And Facilities

The tower includes modern facilities such as a gym, swimming pool, and community spaces, enhancing the quality of living for its residents.

Richly Equipped

6. Cost Of Living

While the cost of living is moderately high, the quality and range of services available in the area justify the prices, making it a reasonable choice for many.

Relatively Balanced

7. Things To Do

The community offers a wide array of activities including local markets, restaurants, and cultural spots, providing residents with numerous options for leisure and entertainment.

Vibrantly Diverse

8. Noise Levels

Most areas within Al Meraikhi Tower 2 are relatively quiet, although some noise from nearby roads can be heard during peak hours.

Generally Peaceful

9. Pet Friendliness

The community is supportive of pet owners, with designated pet areas and accessibility to nearby parks that welcome pets, enhancing their living experience.

Warmly Accommodating

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Key Information

Developer: Al Meraikhi 

Building Type: Residential

Building Age: 17 years(completed in 2007

Unit Types : 2-bedroom apartments

Floors: 19-floors

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

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