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Al Raffa Residency, Bur Dubai

Al Raffa Residency, Bur Dubai

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Bur Dubai, Dubai

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Strengths

Prime Location

Spacious Apartments

Good Maintenance Services

Weakens

Limited Parking Space

Noisy Environment

Older Building Structure

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Buildign Overview

Summary

  • Al Raffa Residency, located in the vibrant community of Bur Dubai, offers modern living combined with accessibility to local amenities.
  • The building is surrounded by a variety of shops, restaurants, and cultural landmarks, enhancing the living experience.
  • Proximity to public transportation options, including metro stations and bus routes, ensures easy access to other areas of Dubai.

Properties Overview

  • Al Raffa Residency features a selection of rental and sale properties, catering to diverse preferences and budgets.
  • Popular unit types include spacious one-bedroom and two-bedroom apartments, ideal for individuals and families.
  • Rental prices typically range from AED 40,000 to AED 80,000 annually, while purchase prices can vary between AED 600,000 and AED 1,200,000 based on unit size and floor level.

Market Trends

  • The rental market has seen a steady demand, with an average annual increase in price of 5% over the past year.
  • Sales trends indicate a growing interest in investing in Bur Dubai, with a projected ROI of around 6-7% for buyers.
  • Future expectations suggest continued growth as more developments enhance the area's appeal.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to essential services including supermarkets, local schools, and healthcare facilities such as clinics and hospitals.
  • Nearby institutions, such as the American School of Dubai and Al Zahra Hospital, provide quality education and healthcare.

Transportation and Accessibility

  • Conveniently located near Al Fahidi Metro Station, facilitating easy travel across Dubai.
  • The area also offers ample parking space, making it accessible for residents with vehicles.

Lifestyle Amenities

  • The building boasts fitness facilities, nearby restaurants, and cafes that enhance a vibrant lifestyle.
  • Residents can also enjoy parks and recreational spaces within the vicinity for outdoor activities.

Builing Facilities

  • Key facilities include high-speed elevators, 24/7 security surveillance, and central air conditioning.
  • Regular maintenance services ensure a well-managed living environment.

Special Services

  • Al Raffa Residency offers concierge services, assisting residents with a range of needs from bookings to maintenance requests.
  • Additional business centers provide professional support for residents working remotely.

Planning Your Move or Investment

Floor Plans and Property Types

  • Diverse floor plans are available, featuring one, two, and three-bedroom apartments to accommodate various lifestyles.
  • Units are designed to maximize space and natural light, enhancing the ambiance and comfort.

Things to Consider

  • Prospective renters and buyers should evaluate budget, desired amenities, and proximity to work or schools.
  • It's essential to consider community dynamics and any upcoming developments that may influence property value.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community gatherings and social events create opportunities for residents to connect and socialize.
  • Building activities may include festive celebrations, fitness classes, and informational workshops.

Community Identity

  • Al Raffa Residency stands out for its community-oriented atmosphere and commitment to fostering neighborly relations.
  • The building embodies a blend of modern design and cultural heritage, enhancing its unique identity in Bur Dubai.

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Detailed Buiding Insights

1. Family Friendliness

The community offers parks, playgrounds, and family-oriented activities, making it a great environment for families with children.

Very Welcoming

2. Living Options

Al Raffa Residency provides a variety of housing options, including spacious apartments and studio units, catering to individual preferences and family sizes.

Diverse Choices

3. Safety And Security

The area is monitored with CCTV and has a strong community watch program, ensuring residents feel safe and secure.

Highly Secure

4. Transportation

The residency is well-connected to public transportation, including metro and bus services, making commuting easy for residents.

Conveniently Accessible

5. Amenities And Facilities

Residents have access to fitness centers, swimming pools, and community centers, providing a wide range of recreational activities.

Well-Equipped

6. Cost Of Living

While rent and utility costs reflect the urban location, prices remain competitive compared to nearby areas, offering good value for money.

Moderately Affordable

7. Things To Do

With a variety of restaurants, shops, and cultural attractions nearby, there are plenty of activities to keep residents entertained.

Richly Engaging

8. Noise Levels

While some areas experience traffic noise, most parts of the community maintain a peaceful atmosphere, especially during the night.

Generally Quiet

9. Pet Friendliness

Many residents have pets, and the community provides pet-friendly parks and facilities, making it a welcoming place for pet owners.

Accommodating

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Key Information

Building Type: Residential

Unit Types : 1 and 2-bedroom apartments

Floors: 7

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

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