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Al Meraikhi Tower 3, Deira

Al Meraikhi Tower 3, Deira

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Deira, Dubai

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Strengths

Prime Location

Modern Amenities

Sustainable Design

Weakens

High Maintenance Costs

Noise Pollution

Limited Parking Space

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Buildign Overview

Summary

  • Al Meraikhi Tower 3 is an impressive residential building located in the vibrant Deira district, known for its rich cultural heritage and bustling commercial activity.
  • The building enjoys proximity to essential services such as shopping malls, traditional souks, and popular restaurants, enhancing residents' lifestyles.
  • Public transportation options are readily available, with metro stations and bus stops just a short distance away, facilitating easy commuting around Dubai.
  • Compared to other nearby high-rises, Al Meraikhi Tower 3 stands out with its modern amenities and strategic location.

Properties Overview

  • The building features a diverse range of properties for rent and sale, catering primarily to individuals and families seeking comfortable living spaces.
  • Popular unit types include spacious 1 to 3-bedroom apartments, with rental prices typically ranging from AED 45,000 to AED 100,000 per year.
  • Sales prices for units vary, generally falling between AED 800,000 and AED 1.5 million, making it a competitive choice in the market.

Market Trends

  • Recent trends indicate a growing demand for rental properties in Deira, with a steady increase in rental prices by approximately 5% over the past year.
  • Sales trends show a slight increase in property values, reflecting a revitalization of the Deira area with several new developments and infrastructure improvements.
  • Investors can expect a reasonable return on investment (ROI) due to the area's economic growth potential and ongoing urban development initiatives.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby amenities include several supermarkets for grocery needs, reputable schools, and healthcare facilities including hospitals and clinics, ensuring residents have access to crucial services.

Transportation and Accessibility

  • The building boasts excellent connectivity options; residents can easily access various parts of Dubai via the nearby metro stations and bus routes.
  • Ample parking spaces are available, making it convenient for those who prefer personal vehicles.

Lifestyle Amenities

  • Residents can enjoy a lifestyle enriched with amenities such as modern gyms, fitness centers, and a selection of restaurants and cafés that cater to diverse tastes.
  • The surrounding area offers outdoor recreational facilities, enhancing the community atmosphere.

Builing Facilities

  • Al Meraikhi Tower 3 is equipped with state-of-the-art facilities including high-speed elevators, 24-hour security services, central air conditioning, and regular maintenance support.

Special Services

  • Additional conveniences include concierge services, guest assistance, and access to business centers, which serve to enhance the living experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of thoughtfully designed floor plans is available, offering flexible configurations to meet the needs of both renters and buyers.

Things to Consider

  • Prospective tenants and buyers should consider location benefits, property management quality, and the building’s amenities when making their decision.
  • Additionally, potential buyers should evaluate financing options and market trends.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events and gatherings foster social interaction among residents, contributing to a strong sense of community within Al Meraikhi Tower 3.

Community Identity

  • The building's unique character is highlighted by its modern architectural design and community-focused amenities that promote a lively and interactive living environment.

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Detailed Buiding Insights

1. Family Friendliness

Al Meraikhi Tower 3 offers family-friendly amenities such as spacious apartments and proximity to parks, making it suitable for families. However, the surrounding urban environment may not be ideal for very young children.

Moderately Welcoming

2. Living Options

The tower provides a range of living options, including studio, one, and two-bedroom apartments, catering to various needs and preferences for residents.

Diverse Choices

3. Safety And Security

The building has robust security measures, including CCTV surveillance and controlled access systems, contributing to an overall sense of safety among residents.

Generally Secure

4. Transportation

The location is well-connected to public transportation links, including metro stations and bus stops, making it easy for residents to commute around the city.

Conveniently Accessible

5. Amenities And Facilities

Al Meraikhi Tower 3 features various amenities including a gym, swimming pool, and community spaces, providing a quality lifestyle for its residents.

Well-Equipped

6. Cost Of Living

Rent and utility costs in Al Meraikhi Tower 3 are comparatively reasonable for the area, offering good value for the facilities and location.

Relatively Affordable

7. Things To Do

While there are various shopping and dining options nearby, residents might need to travel a bit further to find more entertainment and leisure activities.

Moderately Diverse

8. Noise Levels

The tower's design and location help minimize noise, providing a peaceful environment for residents, especially during the night.

Generally Quiet

9. Pet Friendliness

While pets are allowed in the building, certain restrictions on size and breed may apply, and the availability of pet-friendly amenities is limited.

Accommodating

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Key Information

Building Type: Residential

Building Age: 21 years(Date of completion: 2003)

Unit Types :  2 and 3-bedroom apartments

Floors: 32

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

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