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Attareen Old Town, Old Town

Attareen Old Town, Old Town

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Downtown Dubai, Dubai

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Strengths

Historical Significance

Cultural Hub

Scenic Views

Weakens

Limited Parking

Accessibility Issues

High Maintenance Costs

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Buildign Overview

Summary

  • Attareen Old Town is a prominent residential building situated in the heart of Dubai's captivating Old Town area.
  • The vicinity is rich with amenities, including upscale boutiques, cafes, and cultural landmarks.
  • Residents enjoy seamless access to public transport, with metro stations and bus lines nearby, enhancing connectivity to the rest of Dubai.
  • Compared to other developments in Old Town, Attareen stands out for its unique architectural design and vibrant community atmosphere.

Properties Overview

  • The building offers a range of properties for both sale and rent, appealing to diverse demographics.
  • Popular units in Attareen Old Town include spacious one- and two-bedroom apartments, characterized by modern finishes and stunning views.
  • Rental prices typically range from AED 80,000 to AED 140,000 annually, while sale prices may start around AED 1.5 million.

Market Trends

  • Recent trends indicate a steady increase in property values within Old Town, driven by high demand and limited supply.
  • Rental yields in Attareen Old Town are competitive, averaging around 6-7%, making it a promising investment opportunity.
  • In the past year, there has been a noticeable uptick in buyer interest, with forecasts suggesting continued growth in the coming year.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The neighborhood is served by various supermarkets, including Spinneys and Carrefour, ensuring easy access to grocery shopping.
  • Families can benefit from proximity to reputable schools and educational institutions, such as the New Academy School.
  • Health services are readily available, with clinics and hospitals like the Emirates Hospital conveniently located nearby.

Transportation and Accessibility

  • Public transportation options include the Dubai Metro and buses, providing effective connectivity within the city.
  • For residents with vehicles, ample parking spaces are available within the building compound.

Lifestyle Amenities

  • Residents enjoy a range of lifestyle amenities, including fitness centers, swimming pools, and landscaped gardens.
  • The locality features a variety of restaurants and dining options, catering to diverse culinary tastes.

Builing Facilities

  • Attareen Old Town is equipped with modern elevators, round-the-clock security, and central air conditioning for residents' comfort.
  • Maintenance services are readily available to ensure the seamless operation of building facilities.

Special Services

  • The building includes concierge services to assist residents with various requests.
  • Additional amenities such as guest services and business centers enhance the living experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, catering to singles, families, and investors, which include both cozy and spacious layouts.

Things to Consider

  • Prospective tenants and buyers should consider their lifestyle needs, budget, and long-term goals as part of their decision-making process.

Useful FAQs and Support

Events and Building Life

Building Events

  • Attareen Old Town frequently hosts community gatherings and social events, fostering a strong sense of community among residents.

Community Identity

  • The architectural design of Attareen reflects the heritage of Old Town, complemented by lush greenery and serene surroundings, contributing to its unique identity.

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Detailed Buiding Insights

1. Family Friendliness

Attareen Old Town is known for its family-oriented activities, parks, and community events that engage children and adults alike. Local schools receive positive feedback, and family services are readily available.

Exceptionally Welcoming

2. Living Options

The community offers a variety of housing options including modern apartments, traditional homes, and townhouses, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The area has low crime rates, a community watch program, and well-lit streets, contributing to a secure environment for all residents.

Remarkably Secure

4. Transportation

Public transportation is accessible with several bus routes; however, residents often rely on personal vehicles for broader access to neighboring areas.

Moderately Convenient

5. Amenities And Facilities

Residents enjoy access to multiple grocery stores, recreational centers, parks, and healthcare facilities, creating a convenient living environment.

Richly Equipped

6. Cost Of Living

While housing prices are on the higher side, other living costs such as utilities and groceries are fairly moderate, providing a balanced economic environment.

Relatively Balanced

7. Things To Do

The community hosts various cultural events, art galleries, and outdoor activities, offering diverse recreational opportunities for all ages.

Vibrantly Diverse

8. Noise Levels

Most areas experience low noise levels during the night, although some busy streets can be lively during the day. Overall, a tranquil atmosphere prevails.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly, with numerous parks and open spaces where pets can play. Local businesses also cater to pet owners with pet supplies and services.

Warmly Accommodating

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Key Information

Developer:  Emaar Properties

Building Type: Residential

Building Age: 17 years(completed in 2007)

Length: 88

Unit Types :  1, 2 and 3-bedroom apartments

Floors: 7

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

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