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Building No 8, Dubai Media City

Building No 8, Dubai Media City

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Dubai Media City, Dubai

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Strengths

Prime Location

Modern Infrastructure

Flexible Office Spaces

Weakens

High Rental Costs

Traffic Congestion

Limited Parking

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Buildign Overview

Summary

  • Strategically located in the vibrant Dubai Media City, Building No 8 offers an ideal blend of commercial and residential spaces.
  • Proximity to major attractions such as the Emirates Golf Club and the iconic Palm Jumeirah enhances its appeal.
  • Well-connected through a network of roads and public transport, including the Dubai Metro and numerous bus routes.
  • Competes favorably with nearby developments such as Building No 7 and No 9, providing a comprehensive office and living environment.

Properties Overview

  • A range of office spaces and apartments, catering to both short-term rentals and long-term leases.
  • Popular residential units feature one, two, and three-bedroom configurations, appealing to a diverse demographic.
  • Current rental prices range from AED 80,000 to AED 150,000 annually, while purchase prices for apartments typically range from AED 1 million to AED 3 million.

Market Trends

  • The real estate market in Dubai Media City has seen a steady increase in demand, particularly by tech and media companies.
  • Rental prices have increased by approximately 5% over the past year, reflecting a resilient investment climate.
  • Investment returns for buyers can average between 6% to 8%, with steady appreciation expected in the near future.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby amenities include a variety of supermarkets, reputable schools like Dubai Media Academy, and healthcare facilities like Mediclinic.

Transportation and Accessibility

  • Excellent access to major roadways like Sheikh Zayed Road, and public transport options, including the Dubai Metro, ensure easy commuting.
  • Ample parking space available for residents and visitors alike.

Lifestyle Amenities

  • On-site amenities include modern gyms, fitness centers, a selection of dining options, and proximity to entertainment venues.
  • Recreational facilities, such as jogging tracks and parks, are conveniently located within walking distance.

Builing Facilities

  • State-of-the-art elevators, robust security systems, central air conditioning, and dedicated maintenance services enhance the living experience.

Special Services

  • Exclusive concierge services, guest support, and business centers are available to cater to residents' unique needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • Diverse floor plans are available, ranging from compact studio apartments to spacious three-bedroom units, catering to various lifestyle preferences.

Things to Consider

  • Potential tenants and buyers should evaluate their budget, the building’s amenities, and proximity to their workplace before making decisions.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regularly scheduled community events foster engagement among residents, creating a vibrant and connected living environment.

Community Identity

  • Building No 8 is characterized by its modern architectural design, commitment to sustainability, and a focus on fostering a creative community.

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Detailed Buiding Insights

1. Family Friendliness

Building No 8 offers a decent environment for families, with nearby playgrounds and parks, but it's primarily a business area, which may limit the offerings for family-centric activities.

Moderately Welcoming

2. Living Options

The building offers a variety of apartment sizes and layouts, catering to different preferences and budgets, making it appealing for a range of residents.

Diverse Choices

3. Safety And Security

The building is equipped with 24/7 security and surveillance, ensuring a safe environment for all residents.

Highly Secure

4. Transportation

Building No 8 has great access to public transportation options, including buses and metro stations, facilitating easy commuting.

Conveniently Accessible

5. Amenities And Facilities

The building features a range of amenities such as a gym, pool, and communal areas, enhancing residents' lifestyles.

Well-Equipped

6. Cost Of Living

While the cost of living here is higher than average in Dubai, it is justified by the premium living environment and amenities provided.

Moderately Priced

7. Things To Do

Near Dubai Media City, residents can enjoy various restaurants, cafes, and entertainment options, making it an engaging place to live.

Vibrantly Active

8. Noise Levels

Despite being in a bustling media district, the building maintains a tranquil atmosphere, with well-insulated apartments minimizing external noise.

Generally Peaceful

9. Pet Friendliness

Many residents have pets, and the community is generally supportive of pet ownership, although certain restrictions may apply in shared areas.

Pet-Friendly

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Key Information

Building Type: Commercial

Unit Types : Office units

Floors: 6

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

Near by Buildings

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Concord Tower, Dubai Media City

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Emaar Square, Downtown Dubai

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Commercial Office Building

DMC 7 (CNBC Building), Dubai Media City

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Commercial Office Building

DMC 6, Dubai Media City

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Mixed-Use Development

Arjaan Hotel and Arjaan Office Tower, Dubai Media City

Dubai, Dubai Media City

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