Burj Daman, DIFC

Dubai International Financial Centre (DIFC), Dubai

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Strengths

Architectural Design

Prime Location

Amenities

Weakens

High Occupancy Costs

Traffic Congestion

Limited Parking

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Strengths

Architectural Design

The building features a modern and innovative design that stands out in the DIFC skyline.

Prime Location

Situated in the heart of DIFC, it provides easy access to financial institutions and business hubs.

Amenities

Offers a range of high-end amenities, including fitness centers, dining options, and communal spaces.

Weaknesses

High Occupancy Costs

Rental and ownership prices can be significantly higher compared to surrounding buildings.

Traffic Congestion

The area experiences heavy traffic during peak hours, which can complicate commuting.

Limited Parking

Parking availability is limited, which can be a challenge for residents and visitors.

Considerations

Investment Potential

The location and amenities could make it a valuable investment over time.

Community Vibe

Engagement with local events and businesses in the DIFC area can enhance the living experience.

Sustainability Features

Consider the building’s environmental impact and energy efficiency initiatives in decision-making.

Buildign Overview

Summary

Burj Daman is a stunning mixed-use development situated in the heart of the Dubai International Financial Centre (DIFC).
The building boasts an exceptional architectural design with panoramic views of the city skyline.
Nearby facilities include top-tier financial institutions, luxury hotels, and a range of fine dining options.
Convenient access to public transportation, including the DIFC metro station, enhances connectivity to various city hotspots.
Burj Daman stands out among other prominent buildings in DIFC, such as the Burj Khalifa and Emirates Towers, showcasing a modern and vibrant lifestyle.

Properties Overview

The development offers a diverse range of residential and commercial properties, appealing to both local and expatriate communities.
Popular units include one, two, and three-bedroom apartments, known for their spacious layouts and luxurious finishes.
Rental prices in Burj Daman typically range from AED 90,000 to AED 300,000 per year, depending on the unit's size and view.
For purchasing, properties range from AED 1.5 million for a one-bedroom unit up to AED 5 million for larger, premium spaces.

Market Trends

The real estate market in DIFC has shown a steady increase in rental yields, averaging between 5-7% over the past year.
Sales prices have also appreciated, reflecting a growing demand for properties in this prestigious area.
Looking ahead, industry experts anticipate sustained interest from investors, given DIFC's status as a business hub and cultural hotspot.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents benefit from proximity to leading supermarkets, renowned schools, and healthcare facilities such as hospitals and clinics, ensuring a comfortable lifestyle.
Reputable institutions and educational centers cater to families living in Burj Daman, providing quality education options.

Transportation and Accessibility

Burj Daman offers exceptional accessibility via road networks and public transport, with ample parking spaces for residents and visitors.
The metro station is within walking distance, linking residents easily to the rest of Dubai.

Lifestyle Amenities

On-site amenities include state-of-the-art gyms, swimming pools, and entertainment lounges.
The building is surrounded by vibrant nightlife options, gourmet restaurants, and luxurious hotels, catering to diverse lifestyles.

Builing Facilities

Burj Daman features modern facilities such as high-speed elevators, advanced security systems, and central air conditioning.
Dedicated maintenance services ensure residents enjoy a hassle-free living experience.

Special Services

Exceptional concierge services are available to assist with daily needs, travel arrangements, and reservations.
Business centers within the complex provide an ideal environment for professionals, along with meeting rooms and collaborative workspaces.

Planning Your Move or Investment

Floor Plans and Property Types

Burj Daman offers various floor plans tailored for different lifestyles, including spacious lofts and traditional apartments suitable for families and professionals.
Potential buyers and renters can find customizable options to meet their specific needs.

Things to Consider

Before making a decision, consider factors such as budget, desired property type, and the local community vibe.
Engage with real estate agents familiar with the DIFC market for personalized guidance.

Useful FAQs and Support

Events and Building Life

Building Events

Burj Daman hosts regular community events and networking opportunities, fostering a sense of community among residents.
Social gatherings encourage engagement and connections within the vibrant resident community.

Community Identity

The unique identity of Burj Daman lies in its premium location and world-class amenities, making it a preferred choice for both living and working.
The building reflects the dynamic blend of professional lifestyle and leisure, appealing to a global audience.

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Detailed Buiding Insights

1. Family Friendliness

Burj Daman caters to a mix of professionals and families, but due to its focus on business and urban living, it may lack extensive child-friendly amenities.

Moderately Welcoming

2. Living Options

The living options at Burj Daman are contemporary and upscale, offering luxurious apartments that attract young professionals and affluent individuals.

Stylishly Modern

3. Safety And Security

The community is well-guarded with advanced security systems, including 24/7 security personnel and surveillance, ensuring a safe environment.

Remarkably Secure

4. Transportation

Burj Daman benefits from easy access to public transportation, including metro stations, making commuting straightforward for residents.

Highly Convenient

5. Amenities And Facilities

The amenities include a well-equipped gym, swimming pool, and nearby dining and shopping options that cater to a luxurious lifestyle.

Richly Equipped

6. Cost Of Living

The general cost of living in Burj Daman is on the upper end due to its prime location in DIFC and luxury offerings, making it less accessible for budget-conscious individuals.

Relatively High

7. Things To Do

The area is rich with dining, nightlife, and cultural activities, providing residents with a variety of leisure options.

Vibrantly Diverse

8. Noise Levels

While located in a bustling urban environment, most residences in Burj Daman offer good sound insulation, minimizing the impact of external noise.

Generally Peaceful

9. Pet Friendliness

While some pet-friendly policies exist, the high-rise lifestyle may limit space for pets, making it less ideal for pet owners.

Moderately Accommodating

Schools

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Key Information

Developer: Daman Real Estate Capital Partners

Building Type: Residential and commercial

Building Age: 11 years (Date of completion: 2013)

Length: 230 residential units.

Unit Types : 1, 2 and 3-bedroom units.

Floors: 65 floors

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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