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Art 1 Building, Bur Dubai

Art 1 Building, Bur Dubai

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Bur Dubai, Dubai

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Strengths

Prime Location

Modern Facilities

Cultural Significance

Weakens

Limited Parking Space

Noise Levels

Maintenance Issues

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Buildign Overview

Summary

  • Art 1 Building is strategically located in Bur Dubai, a vibrant area known for its rich heritage and modern amenities.
  • The building enjoys proximity to key public transport links, including metro stations and bus routes, facilitating easy commuting.
  • Nearby landmarks include the Dubai Museum, the Burjuman shopping mall, and numerous dining options, enhancing the lifestyle of residents.

Properties Overview

  • The building features a diverse array of properties, including studio, one-bedroom, and two-bedroom apartments, catering to varying preferences and budgets.
  • Rental prices typically range from AED 45,000 to AED 80,000 per year, while sales prices for similar units are approximately AED 700,000 to AED 1.2 million, depending on specifications.
  • Popular choices among potential renters include spacious one-bedroom apartments with modern finishes.

Market Trends

  • The Bur Dubai real estate market has shown resilience with a steady increase in rental yields, averaging around 6-8%.
  • Over the past year, a notable rise in demand for residential properties has been observed, prompting an increase in rental prices.
  • Future forecasts suggest a continued upward trend in both rental and sales prices, attributed to the area's ongoing development and tourism growth.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The vicinity offers numerous supermarkets, such as Carrefour and Lulu Hypermarket, as well as internationally recognized schools.
  • Healthcare facilities include well-equipped hospitals and clinics, ensuring residents have access to quality medical care.

Transportation and Accessibility

  • The area is serviced by multiple modes of public transport, including taxis and the Dubai Metro, enhancing accessibility across the city.
  • Parking facilities within the building cater to residents with vehicles, adding convenience to daily commuting.

Lifestyle Amenities

  • Art 1 Building boasts fitness centers, swimming pools, and recreational areas that promote a healthy lifestyle.
  • An array of restaurants and cafes are situated nearby, offering diverse culinary experiences for residents.

Builing Facilities

  • Features include high-speed elevators, 24/7 security, and comprehensive maintenance services for all residents.
  • Central air conditioning is provided to ensure comfort during the warmer months.

Special Services

  • Concierge services are available to assist residents with everyday needs, enhancing living experiences.
  • Business centers in the building provide workspaces for remote professionals and entrepreneurs.

Planning Your Move or Investment

Floor Plans and Property Types

  • Art 1 Building offers a variety of well-designed floor plans, including open-living spaces and functional layouts that cater to different lifestyles.

Things to Consider

  • Prospective tenants and buyers are encouraged to review proximity to daily necessities, transportation options, and community amenities when considering their move.

Useful FAQs and Support

Events and Building Life

Building Events

  • Art 1 Building hosts regular community events, including social gatherings and seasonal celebrations, fostering a tight-knit community spirit.

Community Identity

  • The building is distinguished by its modern architectural design, coupled with vibrant artwork displayed throughout common areas.
  • Its cultural significance is amplified by its location in a historically rich neighborhood, offering residents a unique living experience.

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Detailed Buiding Insights

1. Family Friendliness

The community is highly accommodating for families, with parks, playgrounds, and family-centric activities available nearby.

Exceptionally Welcoming

2. Living Options

Art 1 Building offers a variety of living options, including spacious apartments and flexible leasing arrangements, appealing to both families and professionals.

Broadly Diverse

3. Safety And Security

The building is equipped with 24/7 security personnel and CCTV surveillance, making it one of the safest options in the Bur Dubai area.

Remarkably Secure

4. Transportation

Located near major public transit options, including metro stations and bus routes, facilitating easy access to other parts of the city.

Highly Convenient

5. Amenities And Facilities

Features a well-maintained gym, swimming pool, and communal areas, making it an attractive option for residents who value amenities.

Richly Equipped

6. Cost Of Living

While the cost of living is slightly higher than average for the area, it balances well with the quality of living and available facilities.

Relatively Balanced

7. Things To Do

Proximity to shopping malls, restaurants, and cultural sites offers residents a plethora of entertainment options.

Vibrantly Diverse

8. Noise Levels

Despite being in a bustling area, the building's soundproofing and strategic location minimize noise disruption.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly, offering facilities such as dog parks and easy access to walking paths for pet owners.

Warmly Accommodating

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Key Information

Building Type: Residential

Unit Types : studio, 1 and 2-bedroom apartments

Floors: 4

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

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