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Al Muraqqabat Building, Deira

Al Muraqqabat Building, Deira

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Deira, Dubai

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Strengths

Prime Location

Modern Facilities

Spacious Interiors

Weakens

Limited Parking

Noise Levels

High Maintenance Fees

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Buildign Overview

Summary

  • The Al Muraqqabat Building is situated in the vibrant Deira district of Dubai, known for its blend of modernity and cultural heritage.
  • This building is conveniently located close to a myriad of amenities, including shopping centers, dining establishments, and recreational areas.
  • Deira benefits from excellent public transportation links, including the Dubai Metro and various bus routes, facilitating easy commutes across the city.
  • Nearby landmarks include the famous Al Ghurair Centre, Dubai Creek, and numerous souks, enhancing its desirability.

Properties Overview

  • The Al Muraqqabat Building features a diverse range of residential properties, primarily consisting of one-bedroom and two-bedroom apartments.
  • Rental prices in the building typically range from AED 40,000 to AED 80,000 annually, depending on the unit size and floor level.
  • For buyers, properties can be acquired at prices approximately between AED 700,000 and AED 1.5 million.
  • Units are designed to maximize space and are equipped with modern amenities, making them highly sought after in the rental market.

Market Trends

  • Recent trends suggest a steady demand for rental properties in Deira, with a growth rate of around 5% in rental prices over the past year.
  • Sales prices have also experienced a gradual increase, indicating a healthy real estate market with promising return on investment (ROI) potential.
  • Expectations for the coming year predict ongoing demand, particularly as new infrastructure projects and developments take shape in the region.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The surrounding area includes supermarkets like Carrefour, numerous schools offering various curricula, and healthcare facilities including clinics and hospitals.
  • Residential conveniences such as pharmacies and fitness centers are within easy reach, contributing to a well-rounded lifestyle.

Transportation and Accessibility

  • Exceptional access to public transportation options, including the Deira City Centre Metro Station, makes commuting easy.
  • Ample parking spaces are available for residents and visitors, ensuring convenient accessibility to and from the building.

Lifestyle Amenities

  • Residents can enjoy a range of lifestyle facilities, including nearby gyms, parks, restaurants serving diverse cuisines, and luxurious hotels.
  • Outdoor activities are plentiful, with the Dubai Creek offering scenic walks and various recreational options.

Builing Facilities

  • The Al Muraqqabat Building is equipped with modern facilities such as high-speed elevators, round-the-clock security, and central air conditioning.
  • Dedicated maintenance services ensure that residents experience a hassle-free living environment.

Special Services

  • Additional features of the building include concierge services, business centers for professionals, and communal spaces for social interaction.

Planning Your Move or Investment

Floor Plans and Property Types

  • The Al Muraqqabat Building offers versatile floor plans suitable for individuals, families, and investors, ranging from compact one-bedroom units to spacious two-bedroom apartments.

Things to Consider

  • Prospective tenants and buyers should evaluate factors such as proximity to work, public transport options, and local amenities.
  • It's advisable to consider the overall community vibe and future development plans in the area before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents can partake in regular community events and festive gatherings, fostering a strong sense of community within the building.

Community Identity

  • The Al Muraqqabat Building stands out for its strategic location and commitment to providing a holistic living experience that blends comfort with cultural richness.

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Detailed Buiding Insights

1. Family Friendliness

The area has numerous parks, playgrounds, and family-oriented facilities, making it ideal for families with children. Community events are frequent and encourage family participation.

Exceptionally Welcoming

2. Living Options

Al Muraqqabat offers a variety of living options, including apartments with different layouts and sizes that cater to various family structures and preferences.

Broadly Diverse

3. Safety And Security

The building features robust security measures, including surveillance cameras and controlled access. The neighborhood is generally regarded as safe with a low crime rate.

Remarkably Secure

4. Transportation

Well-connected to public transport options such as buses and taxis, with Metro stations nearby, making commuting easy for residents.

Highly Accessible

5. Amenities And Facilities

The locale provides ample amenities, including grocery stores, restaurants, cafes, and fitness centers, all within walking distance.

Richly Equipped

6. Cost Of Living

While prices have been rising, the cost of living remains reasonable compared to other parts of Dubai, balancing affordability with quality of life.

Moderately Affordable

7. Things To Do

A variety of entertainment options, including shopping malls, cultural sites, and dining, ensure there is always something to engage in.

Vibrantly Diverse

8. Noise Levels

While the area can be busy due to its vibrant nature, most residential apartments offer sound insulation that minimizes noise for residents.

Moderately Quiet

9. Pet Friendliness

Most residences allow pets, and the presence of nearby parks and open spaces is conducive for pet owners to walk and exercise their animals.

Warmly Accommodating

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Key Information

Building Type: Residential

Unit Types : 1, 2 and 3-bedroom apartments

Floors: 5

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

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