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DEC Tower 1, Dubai Marina

DEC Tower 1, Dubai Marina

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Dubai Marina, Dubai

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Strengths

Scenic Views

Prime Location

Well-Designed Interiors

Weakens

High Maintenance Fees

Limited Parking Space

Construction Noise

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Buildign Overview

Summary

  • DEC Tower 1 is a prominent residential skyscraper in Dubai Marina, known for its luxurious living spaces and breathtaking views of the waterfront.
  • Situated close to key amenities, the building benefits from proximity to several shopping centers, dining spots, and entertainment venues.
  • The building is conveniently located near public transportation options, including the Dubai Metro and tram services, enhancing accessibility to other parts of the city.

Properties Overview

  • DEC Tower 1 offers a variety of residential units, ranging from spacious one-bedroom apartments to luxurious three-bedroom penthouses.
  • Rental prices in the building typically range from AED 70,000 to AED 160,000 per year, while sale prices can vary from AED 1 million to AED 3 million, depending on the unit size and view.

Market Trends

  • In the past year, rental prices have seen moderate growth, reflecting a steady demand for properties in Dubai Marina.
  • Investors can expect a return on investment (ROI) between 6% to 8%, driven by the building's desirable location and amenities.
  • The real estate market in Dubai Marina remains robust, with predictions of sustained interest and an upward trend in prices over the next few years.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to nearby supermarkets, educational institutions, and healthcare facilities, including pharmacies and clinics, enhancing convenience.

Transportation and Accessibility

  • Well-connected by public transport, DEC Tower 1 features easy access to major roadways and highways, with ample parking space available for residents and visitors.

Lifestyle Amenities

  • The building boasts a range of lifestyle amenities including a fully equipped gym, swimming pool, spa, and a selection of on-site dining options.
  • Residents can also enjoy leisure activities such as jogging paths along the marina and proximity to beaches.

Builing Facilities

  • DEC Tower 1 is equipped with high-speed elevators, 24-hour security, central air conditioning, and comprehensive maintenance services, ensuring a comfortable living experience.

Special Services

  • Unique services include concierge assistance, guest services, and dedicated business centers, making it an ideal choice for both residents and professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of layouts is available, accommodating the needs of both renters and buyers, from modern studio apartments to lavish multi-bedroom homes.

Things to Consider

  • Prospective tenants and buyers are encouraged to consider the building's amenities, community vibe, and overall investment potential before making a commitment.

Useful FAQs and Support

Events and Building Life

Building Events

  • DEC Tower 1 hosts regular community events, fostering social interactions among residents and enhancing the sense of community.

Community Identity

  • The building is distinguished by its modern architecture and vibrant community spirit, making it a sought-after destination for both residents and visitors.

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Detailed Buiding Insights

1. Family Friendliness

DEC Tower 1 offers a balance of family-friendly features with proximity to parks and schools. The community environment supports families, though high-rise living may not suit everyone's needs.

Moderately Welcoming

2. Living Options

The tower features various apartment types ranging from studio to multi-bedroom units. This diversity caters to singles, couples, and families, making it suitable for a wide demographic.

Broadly Diverse

3. Safety And Security

DEC Tower 1 is equipped with 24/7 security services, CCTV monitoring, and access control, creating a safe environment for its residents.

Remarkably Secure

4. Transportation

The location is well-served by public transport including metro and bus services. Major roadways are also easily accessible, making travel around the city convenient.

Conveniently Accessible

5. Amenities And Facilities

Amenities include a swimming pool, gym, children's play area, and communal lounges, providing a well-rounded lifestyle for residents.

Richly Equipped

6. Cost Of Living

The cost of living in DEC Tower 1 is competitive compared to other high-rise buildings in Dubai Marina, with a range of options allowing for budget flexibility.

Relatively Balanced

7. Things To Do

Residents have access to a variety of local attractions, including restaurants, beaches, and shopping malls, ensuring leisure and entertainment options are abundant.

Vibrantly Diverse

8. Noise Levels

While being in a bustling area, DEC Tower 1 benefits from soundproofing features that keep the noise levels within the building relatively low.

Generally Peaceful

9. Pet Friendliness

The community allows pets and has nearby parks where residents can walk their dogs, making it a friendly environment for pet owners.

Warmly Accommodating

Schools

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Key Information

Developer: Dheeraj and East Coast LLC

Building Type: Residential

Building Age: 15 yaars(Date of completion: 2009)

Unit Types : Studio, 1 and 2-bedroom apartments

Floors: 21

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

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