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Al Wasl Hub, Al Karama

Al Wasl Hub, Al Karama

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Al Karama, Dubai

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Strengths

Prime Location

Modern Amenities

Sustainability Features

Weakens

High Rental Prices

Noise Levels

Limited Parking

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Buildign Overview

Summary

  • Al Wasl Hub is situated in the vibrant community of Al Karama, known for its ideal blend of residential comforts and urban conveniences.
  • This building is located in proximity to essential amenities such as supermarkets, schools, parks, and dining options.
  • Public transportation is readily accessible, enhancing connectivity with the city’s major areas and landmarks, making it an attractive option for both families and professionals.
  • Compared to nearby structures, Al Wasl Hub stands out for its modern architecture and comprehensive facilities.

Properties Overview

  • The building offers a diverse selection of both rental and sale units, catering to various preferences and budgets.
  • Popular property types include spacious 1-bedroom, 2-bedroom apartments, and a limited number of luxury penthouses.
  • Rental prices range from AED 60,000 to AED 100,000 annually, while sales could vary from AED 800,000 to AED 1.5 million, depending on size and layout.

Market Trends

  • Current rental trends show a steady demand, with a slight increase in prices year-on-year, reflective of the building's desirable location.
  • Sales trends indicate a competitive market with a return on investment (ROI) hovering around 7-8%, appealing to both local and foreign investors.
  • Looking ahead, we expect continued growth in property values as the area develops and demand remains high.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from an array of nearby facilities, including various supermarkets, reputed schools, and comprehensive healthcare centers, ensuring convenience for families and individuals.

Transportation and Accessibility

  • The building enjoys excellent public transportation access, with bus stations and metro lines nearby, facilitating easy commuting.
  • Ample parking spaces for residents and guests are available, enhancing convenience for those with vehicles.

Lifestyle Amenities

  • Al Wasl Hub features a range of lifestyle amenities, including a state-of-the-art fitness center, lush outdoor spaces, and trendy cafes and restaurants.
  • Nearby recreational options such as parks and malls provide residents with multiple leisure activities.

Builing Facilities

  • Key facilities include high-speed elevators, 24/7 security services, central air conditioning, and dedicated maintenance support for all units.

Special Services

  • Unique services such as concierge assistance and business center facilities create an elevated living experience for residents.
  • Community-focused events and gatherings foster a sense of belonging among residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • Al Wasl Hub boasts a variety of well-designed floor plans, accommodating different lifestyles whether you are renting or buying.
  • Available units are equipped with modern amenities and stylish finishes tailored to enhance living comfort.

Things to Consider

  • Potential tenants and buyers should evaluate their budget, lifestyle needs, and priorities regarding location, amenities, and space before committing.
  • Consider the long-term benefits of living in a developing area like Al Karama.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular events, including community gatherings and seasonal celebrations, enrich the living experience and create opportunities for neighborly interactions.

Community Identity

  • Al Wasl Hub is distinguished by its striking architecture and commitment to fostering a close-knit community that celebrates cultural diversity and inclusivity.

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Detailed Buiding Insights

1. Family Friendliness

Al Wasl Hub is known for its family-oriented environment, featuring various children-friendly parks, playgrounds, and community events that cater to families and promote a sense of community.

Exceptionally Welcoming

2. Living Options

The area offers a range of housing options from apartments to villas, appealing to various demographics including families, singles, and expatriate communities.

Broadly Diverse

3. Safety And Security

With a strong community watch program and visible police presence, residents feel safe. Crime rates are notably low, adding a sense of security for families and individuals.

Remarkably Secure

4. Transportation

While public transportation options are available, including bus routes and nearby metro stations, some areas may require a vehicle for more convenient access to various destinations.

Moderately Convenient

5. Amenities And Facilities

The community boasts a variety of amenities including supermarkets, healthcare facilities, gyms, and recreational areas, making it easy for residents to access essential services.

Richly Equipped

6. Cost Of Living

Living costs are moderate compared to other neighborhoods in Dubai, with a wide range of options catering to different budgets, though some upscale areas can be pricier.

Relatively Balanced

7. Things To Do

The community offers numerous activities including cultural and culinary experiences, local markets, and recreational facilities, making it appealing for social and family activities.

Vibrantly Diverse

8. Noise Levels

Most areas within the community maintain a tranquil environment, with noise levels being lower in residential sections, although some busier streets can experience moderate noise.

Generally Peaceful

9. Pet Friendliness

Pets are welcomed in the community, with various pet-friendly parks and facilities, along with local veterinary services, making it an ideal place for pet owners.

Warmly Accommodating

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Key Information

Developer: Wasl Properties

Building Type: Residential

Building Age: 8 years(completed in 2016)

Length: 312 units

Unit Types :  1, 2 and 3-bedroom apartments, retail shops, restaurants and cafes

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

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