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Al Wahda Building, Deira

Al Wahda Building, Deira

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Deira, Dubai

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Strengths

Modern Architecture

Prime Location

State-of-the-art Facilities

Weakens

High Rental Prices

Noise Levels

Limited Parking Space

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Buildign Overview

Summary

  • Located in the vibrant Deira area, Al Wahda Building offers residents easy access to a plethora of amenities and attractions.
  • The building is well-connected to public transport, including metro stations and bus routes, making commuting convenient.
  • Nearby landmarks include shopping malls, traditional markets (souks), and various dining options, enhancing the living experience.

Properties Overview

  • Al Wahda Building features a mix of residential units, ranging from studios to larger apartments, appealing to a diverse demographic of renters and buyers.
  • Current market rates for rentals typically range from AED 3,500 to AED 7,500 per month, depending on the unit size and amenities.
  • Units available for purchase show a price range of AED 400,000 to AED 1 million, attracting both investors and first-time buyers.

Market Trends

  • The real estate market in Deira has shown a resurgence, with rental prices stabilizing and a modest increase in demand for properties.
  • In the past year, properties in Al Wahda Building have seen a rental yield of approximately 7-8%, indicating a healthy investment opportunity.
  • Future expectations suggest a continued appreciation in property values driven by infrastructure developments and urban revitalization projects in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents will find essential services including supermarkets, schools, and healthcare facilities within walking distance.
  • Popular schools such as the International School of Choueifat and several clinics contribute to the building's family-friendly appeal.

Transportation and Accessibility

  • Strategically situated, Al Wahda Building offers easy access to Dubai Metro and major bus lines, promoting seamless travel across the city.
  • Sufficient parking spaces are available for residents, enhancing convenience for those who prefer driving.

Lifestyle Amenities

  • The building is adjacent to several restaurants, cafes, and shopping malls, providing residents with diverse dining and shopping experiences.
  • For outdoor enthusiasts, parks and recreational areas are nearby, promoting an active lifestyle.

Builing Facilities

  • Al Wahda Building is equipped with modern elevators, 24/7 security services, and centralized air conditioning to ensure comfort and safety.
  • Maintenance services are readily available, providing residents with peace of mind regarding property upkeep.

Special Services

  • Residents benefit from concierge services for assistance with deliveries, reservations, and other needs.
  • Business centers available within the building cater to professionals looking for convenient workspaces.

Planning Your Move or Investment

Floor Plans and Property Types

  • Al Wahda Building offers a range of floor plans, including one-bedroom, two-bedroom, and spacious studio apartments to suit various lifestyles and needs.

Things to Consider

  • Before making a move, potential renters and buyers should evaluate lease terms, association fees, and property management services.
  • Consider the location's proximity to workplaces, schools, and recreational opportunities to ensure it aligns with personal or investment goals.

Useful FAQs and Support

Events and Building Life

Building Events

  • Al Wahda Building regularly hosts community events and gatherings where residents can connect and build a sense of community.
  • These events may include seasonal celebrations, fitness classes, and social mixers designed to engage residents of all ages.

Community Identity

  • What sets Al Wahda Building apart is its blend of modern living with traditional cultural elements present in the Deira area.
  • The building's diverse community fosters a unique identity that reflects the rich heritage of Dubai, offering residents a vibrant lifestyle.

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Detailed Buiding Insights

1. Family Friendliness

The community offers essential services like schools and parks nearby, making it suitable for families, though the urban environment may not cater to very young children.

Moderately Welcoming

2. Living Options

Al Wahda Building has a variety of living options, including affordable apartments, which appeals to a mix of residents, from singles to families.

Diverse and Affordable

3. Safety And Security

There is a visible security presence and well-maintained surroundings, though occasional petty crime is reported, typical for urban settings.

Generally Secure

4. Transportation

The building is well-connected by public transportation and is close to major roadways, making commuting easy for residents.

Highly Convenient

5. Amenities And Facilities

The community provides various amenities such as grocery stores, gyms, and healthcare facilities within walking distance, enhancing daily living.

Well-Equipped

6. Cost Of Living

While the cost of living is moderate, it is offset by the affordable housing options and accessible amenities, resulting in a reasonably balanced lifestyle.

Relatively Balanced

7. Things To Do

There are numerous nearby attractions, including shopping centers, restaurants, and cultural sites, ensuring residents have a variety of leisure activities.

Vibrantly Active

8. Noise Levels

Due to its urban location, there can be higher noise levels from traffic and nightlife; however, some areas remain quieter during the night.

Moderately Noisy

9. Pet Friendliness

Pets are allowed in many residences, and there are parks nearby, although some residents may find pet policies to be inconsistent.

Generally Accommodating

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Key Information

Developer: Bin Ham Properties

Building Type: Mixed-use Building (apartments and offices)

Unit Types : 2-bedroom apartments, office spaces

Floors: 14 floors (G+13)

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

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