Central Park Residential Tower, DIFC

Dubai International Financial Centre (DIFC), Dubai

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Strengths

Prime Location

Modern Amenities

Luxury Living

Weakens

High Maintenance Costs

Limited Parking Space

Noise Levels

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Strengths

Prime Location

Situated in the heart of Dubai's financial district, offering easy access to key business hubs.

Modern Amenities

Features state-of-the-art facilities including a gym, pool, and lounge areas.

Luxury Living

Offers high-end finishes and spacious layouts in residential units.

Weaknesses

High Maintenance Costs

Monthly fees can be significant due to premium services and facilities.

Limited Parking Space

Parking availability may be an issue during peak hours for residents and visitors.

Noise Levels

Proximity to busy roads and some ongoing construction can lead to noise disturbances.

Considerations

Market Trends

Potential investors should monitor the real estate market for any fluctuations that could impact property values.

Community Vibe

Consider the lifestyle offered by the surrounding neighborhoods and amenities.

Future Developments

Be aware of any planned developments in the area that could enhance or detract from the living experience.

Buildign Overview

Summary

Central Park Residential Tower is a modern high-rise located in the prestigious Dubai International Financial Centre (DIFC) area.
This landmark building offers residents proximity to world-class amenities, including luxury restaurants, retail shops, and financial institutions.
With easy access to transportation hubs, including the Dubai Metro and major roadways, commuting is effortless.
The tower stands out among other nearby structures, such as the Burj Khalifa and Emirates Towers, making it an attractive living option in the heart of Dubai.

Properties Overview

The tower features an array of residential units, including one, two, and three-bedroom apartments, catering to both renters and buyers.
Average rental prices for one-bedroom units range from AED 90,000 to AED 120,000 per year, while two-bedroom units can be found between AED 140,000 and AED 180,000.
For potential buyers, properties typically sell for AED 1.5 million to AED 3 million depending on size and floor level, making it an appealing investment.

Market Trends

The real estate market in DIFC has shown resilience, with rental prices experiencing a 5% increase over the past year.
Sales trends indicate a steady rise in property values, with a predicted ROI of 7%-8% for investors in Central Park Residential Tower.
Market analysts expect continued demand for residential spaces in the DIFC, driven by the area's business attractiveness and lifestyle amenities.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents have convenient access to supermarkets such as Spinneys and Carrefour, ensuring daily needs are met.
Prominent educational institutions, including Dubai International Academy and Swiss International Scientific School, are in close proximity.
Healthcare facilities like American Hospital Dubai and City Hospital offer comprehensive medical services within a short distance.

Transportation and Accessibility

The building benefits from easy access to the Dubai Metro, providing seamless connectivity across the city.
Extensive parking facilities are available for residents and visitors, ensuring convenience for those traveling by car.
Major highways are easily accessible, facilitating quick travel to key destinations in Dubai.

Lifestyle Amenities

Central Park Residential Tower features state-of-the-art fitness facilities, including a gym and swimming pool, for active living.
An array of dining options, from high-end restaurants to cozy cafes, are located within walking distance.
Residents can enjoy outdoor activities at nearby parks and green spaces, promoting a balanced lifestyle.

Builing Facilities

Modern amenities include high-speed elevators to ensure swift access to all floors.
Robust security measures are in place, including 24/7 surveillance and a dedicated security team.
Central air conditioning and efficient maintenance services contribute to residents' comfort and peace of mind.

Special Services

Residents can take advantage of concierge services to assist with bookings, deliveries, and other needs.
Business centers equipped with meeting rooms are available for residents working from home or needing professional space.
Unique amenities may include access to lush gardens and a lounge area for relaxation or social gatherings.

Planning Your Move or Investment

Floor Plans and Property Types

A diverse selection of floor plans is available, catering to families and professionals alike.
Options vary from efficient layouts for singles to spacious designs suitable for families, enhancing living experiences.

Things to Consider

Key considerations for potential renters and buyers include proximity to workplaces, amenities, and overall lifestyle preferences.
Assessing budget constraints and understanding the terms of leases or sales agreements will facilitate informed decisions.

Useful FAQs and Support

Events and Building Life

Building Events

Central Park Residential Tower hosts regular community events, fostering a sense of belonging among residents.
Social gatherings and networking opportunities are organized, allowing residents to connect and engage with one another.

Community Identity

The tower is known for its contemporary architectural design and vibrant community atmosphere.
Cultural identifiers include art installations and exhibitions, adding character and enriching the living experience.

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Detailed Buiding Insights

1. Family Friendliness

The community offers some family-oriented amenities, such as parks and playgrounds nearby, but lacks extensive facilities directly in the tower, making it less ideal for large families.

Moderately Welcoming

2. Living Options

Housing options are primarily high-end apartments, which may not be suitable for everyone’s budget or needs, offering less variety for families and individuals.

Limited Diversity

3. Safety And Security

The building provides 24/7 security with access control systems, ensuring a safe living environment for residents.

Highly Secure

4. Transportation

The tower is well-connected to public transport and main roads, making commutes to the rest of Dubai relatively efficient.

Conveniently Located

5. Amenities And Facilities

Residents have access to a pool, gym, and communal areas, providing a luxurious lifestyle with ample facilities for leisure.

Richly Equipped

6. Cost Of Living

Living in Central Park Residential Tower comes with a premium price point, which may be challenging for budget-conscious individuals or families.

Relatively High

7. Things To Do

Situated in the DIFC, residents have access to a wealth of dining, shopping, and entertainment options within walking distance.

Vibrantly Diverse

8. Noise Levels

The proximity to busy streets and nightlife can result in higher noise levels, especially during weekends and evenings.

Occasionally Noisy

9. Pet Friendliness

While some pet-friendly amenities are available, restrictions on breed and size may limit options for pet owners.

Moderately Accommodating

Schools

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Key Information

Developer: Dubai Asset Management and Deyaar Development PJSC

Building Type: Residential

Building Age: 10 years(Date of completion: 2014)

Length: 426

Unit Types : studio, 1 and 2-bed apartments, 2 and 3-bedroom duplex and triplex penthouses

Floors: 48

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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