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DAMAC Maison Privé, Business Bay

DAMAC Maison Privé, Business Bay

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Business Bay, Dubai

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Strengths

Luxurious amenities

Prime location

Exceptional service

Weakens

High maintenance fees

Traffic congestion

Limited parking space

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Buildign Overview

Summary

  • DAMAC Maison Privé is a luxurious high-rise situated in the vibrant Business Bay district of Dubai.
  • This premier property features stunning skyline views and is surrounded by key landmarks, including the iconic Burj Khalifa and Dubai Mall.
  • Nearby facilities include a variety of dining options, retail outlets, and leisure activities, catering to a sophisticated urban lifestyle.
  • Public transportation is easily accessible, with metro stations and bus routes within walking distance, enhancing connectivity to the rest of Dubai.

Properties Overview

  • The building offers a range of properties, including upscale apartments and penthouses, appealing to both buyers and renters.
  • Current rental prices range from AED 80,000 to AED 150,000 per year, depending on the apartment size and view.
  • For those looking to purchase, properties are priced between AED 1.2 million and AED 3.5 million, making it a lucrative investment opportunity.

Market Trends

  • Over the past year, rental prices have seen a modest increase of around 5%, reflecting a steady demand for luxury living in Business Bay.
  • Sales trends indicate a strong return on investment (ROI), estimated between 6% to 8% annually, appealing to both local and international investors.
  • Market expectations suggest a continued appreciation in property values, influenced by ongoing developments in the area and Dubai's overall growth.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from close proximity to essential services, including supermarkets, schools, and healthcare facilities.
  • Notable institutions nearby include the Canadian University Dubai and various international schools, ensuring excellent education options for families.
  • Healthcare provisions are comprehensive, with hospitals and clinics like Mediclinic and Dubai Hospital just a short drive away.

Transportation and Accessibility

  • DAMAC Maison Privé is well-serviced by public transport, including the Dubai Metro and several bus lines, enhancing commute options.
  • Ample parking spaces are provided for residents and guests, making it convenient for car owners.
  • The building’s location offers easy access to major roads such as Sheikh Zayed Road, facilitating quick travel across the city.

Lifestyle Amenities

  • On-site amenities include a state-of-the-art fitness center, an outdoor swimming pool, and health spa facilities, promoting a luxurious lifestyle.
  • Residents can indulge in fine dining experiences at prominent restaurants located within the vicinity, as well as casual cafes and lounges.
  • Street-level retail options provide shopping convenience, with grocery stores and boutiques just an elevator ride away.

Builing Facilities

  • DAMAC Maison Privé features top-notch facilities, including high-speed elevators, advanced security systems, and central air conditioning.
  • Maintenance services are readily available, ensuring the property remains in excellent condition for all residents.

Special Services

  • Unique services include a dedicated concierge, room service, and guest reception to cater to the needs of residents and their visitors.
  • Business centers equipped with meeting rooms provide excellent resources for corporate and remote professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • Potential tenants and buyers can choose from a variety of floor plans, featuring one, two, and three-bedroom apartments, as well as luxurious penthouses.
  • Each unit is designed with modern aesthetics and functional layouts to cater to different lifestyles and preferences.

Things to Consider

  • Before making a decision, consider the overall budget, proximity to workplaces, and the types of amenities that best suit your lifestyle.
  • It's advisable to assess the community vibe in Business Bay, ensuring it aligns with personal preferences for social and recreational activities.

Useful FAQs and Support

Events and Building Life

Building Events

  • The building hosts regular community events, providing opportunities for residents to socialize and network.
  • Seasonal celebrations and cultural festivities enhance the communal living experience, fostering a friendly neighborhood atmosphere.

Community Identity

  • DAMAC Maison Privé is recognized for its blend of contemporary design and refined luxury, establishing it as an iconic entity within Dubai's skyline.
  • The building's distinctive architecture and high-end finishes contribute to its unique charm, appealing to discerning buyers and renters.

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Detailed Buiding Insights

1. Family Friendliness

The community offers child-friendly amenities such as pools and play areas, making it quite suitable for families.

Exceptionally Welcoming

2. Living Options

With a range of apartments from studios to multiple bedrooms, the living options cater well to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The property features 24/7 security surveillance and controlled access, ensuring a very safe environment for residents.

Remarkably Secure

4. Transportation

Located near major roadways and public transport options, commuting is easy and efficient.

Highly Convenient

5. Amenities And Facilities

The community boasts a wide array of amenities including a fitness center, swimming pool, and on-site dining options.

Richly Equipped

6. Cost Of Living

While luxury living can be pricey, the range of options helps maintain a balance for residents seeking different budgets.

Relatively Balanced

7. Things To Do

Business Bay offers an array of dining, shopping, and entertainment options, making it a vibrant locale for residents.

Vibrantly Diverse

8. Noise Levels

Situated away from the main thoroughfares, residents enjoy a peaceful environment, although some disturbance may occur during peak hours.

Generally Peaceful

9. Pet Friendliness

Many policies support pet ownership, with dedicated pet areas, making it suitable for residents with pets.

Warmly Accommodating

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Key Information

Developer: DAMAC Properties

Building Type: Residential

Building Age: 5 years(completed in 2019)

Unit Types : Studio, 1 and 2-bedroom apartments

Floors: 30

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

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