New Projects Community Insights Building Insights
Market AI
Resource

Buiding

/

Grace Residency, Al Furjan

Grace Residency, Al Furjan

Primary slide
Primary thumbnail
Al Furjan, Dubai

View on Map

-

Strengths

Modern architectural design

Excellent location

High-quality amenities

Weakens

Limited parking space

Noise disturbances

Higher rental prices

View Full Details

Buildign Overview

Summary

  • Grace Residency is a modern residential development located in the vibrant Al Furjan community, an area known for its strategic location and family-friendly atmosphere.
  • The building is conveniently situated near prominent landmarks such as Ibn Battuta Mall and Expo 2020 site, enhancing accessibility to retail and entertainment options.
  • Residents enjoy proximity to essential services and excellent public transport links including the Metro.

Properties Overview

  • The building offers a range of properties, including spacious 1, 2, and 3-bedroom apartments suitable for various lifestyles.
  • Current rental prices for apartments in Grace Residency typically range from AED 45,000 to AED 90,000 annually.
  • Sales prices for properties are competitive, with 1-bedroom apartments starting from AED 750,000.

Market Trends

  • The real estate market in Al Furjan has seen a notable upswing, with rental prices experiencing a steady increase of approximately 10% over the past year.
  • Investors can expect a promising return on investment (ROI), averaging around 7-8% depending on the unit type.
  • Future projections indicate sustained interest in residential investments, bolstered by continued development in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to various amenities including supermarkets, schools, and healthcare facilities, with prominent institutions like Gems Education and Mediclinic nearby.
  • Parks and recreational areas enhance family living with green spaces and play areas available for children.

Transportation and Accessibility

  • Grace Residency is well-served by public transport, especially with the proximity to the Dubai Metro and bus routes.
  • Ample parking spaces within the building provide convenience for residents with vehicles, ensuring easy access to the main roads.

Lifestyle Amenities

  • Residents benefit from a variety of lifestyle facilities, including a fully equipped gym, swimming pool, and community recreation areas.
  • Nearby dining options feature a variety of cuisine, from casual cafes to fine dining restaurants.

Builing Facilities

  • The building boasts modern amenities such as high-speed elevators, round-the-clock security, and centralized air conditioning.
  • Dedicated maintenance services ensure residents enjoy a hassle-free living experience.

Special Services

  • Residents can enjoy concierge services enhancing their living experience with assistance on various needs.
  • Business centers are available for residents who require workspace, along with guest services to welcome visitors.

Planning Your Move or Investment

Floor Plans and Property Types

  • A diverse selection of floor plans caters to both renters and buyers, designed to accommodate different lifestyles and preferences.
  • Options range from cozy layouts to larger spaces suited for families.

Things to Consider

  • Potential tenants and buyers should consider factors such as property size, proximity to amenities, and price trends before making a decision.
  • A clear understanding of community regulations and service charges is also advisable.

Useful FAQs and Support

Events and Building Life

Building Events

  • Grace Residency fosters a community spirit by organizing regular social events and gatherings that encourage resident interaction.
  • Seasonal celebrations and community initiatives are also part of the building's life.

Community Identity

  • The building stands out for its contemporary design and community-focused living, creating a unique identity within Al Furjan.
  • Cultural and recreational activities within and around the premises take full advantage of the vibrant local environment.

See more

Detailed Buiding Insights

1. Family Friendliness

Grace Residency is designed with families in mind, featuring spacious apartments, children's play areas, and proximity to schools and parks, making it a very family-oriented community.

Exceptionally Welcoming

2. Living Options

Offering a variety of apartments ranging from studios to three-bedroom layouts, Grace Residency caters to different lifestyles and family sizes, providing versatility in living options.

Broadly Diverse

3. Safety And Security

The community boasts 24/7 security, CCTV surveillance, and access control systems, ensuring a high level of safety for residents.

Remarkably Secure

4. Transportation

While located near major roads and public transport stations, rush hour can complicate travel times. However, accessibility to key locations remains good overall.

Moderately Convenient

5. Amenities And Facilities

Featuring a range of amenities including a swimming pool, gym, and landscaped gardens, residents enjoy a high-quality living experience with facilities that cater to diverse needs.

Richly Equipped

6. Cost Of Living

The cost of living in Grace Residency is competitive compared to similar developments in Al Furjan, offering value for the amenities and services provided.

Relatively Balanced

7. Things To Do

With shopping malls, parks, and a variety of dining options nearby, residents have easy access to numerous activities and entertainment choices, enhancing their lifestyle.

Vibrantly Diverse

8. Noise Levels

The community is situated in a relatively quiet area, with noise levels generally low, making it a tranquil environment for families and individuals alike.

Generally Peaceful

9. Pet Friendliness

Grace Residency is pet-friendly, allowing residents to keep pets and providing open spaces for walking and exercising them, making it suitable for pet owners.

Warmly Accommodating

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (0Beds)
Rent
58.4K AED
apartment (1Beds)
Rent
66.7K AED

Schools

All
Please wait..

Congratulations!

If you call this place home or have lived here in the
past, we need your review.

Transport & Places

Distance calculator

Explore AI

Discover homes with Stellar AI

Show me buildings near excellent schools
Show me buildings near excellent schools

Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Rent: 36K AED - 82K AED

Developer: Grace Holdings Limited

Building Type: Residential

Building Age: 4 years(Date of completion: 2020)

Length: 125

Unit Types : Studio and 1-bedroom apartments

Floors: 9

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

Near by Buildings

Residential Tower

Candace Aster, Al Furjan

Dubai, Al Furjan
Residential Tower

Victoria Residency, Al Furjan

Avg Price for sale: 1.3M AED

Avg Price for rent: 99.1K AED

Dubai, Al Furjan
Residential Tower

Azizi Tulip, Al Furjan

Dubai, Al Furjan
Residential Tower

Azizi Freesia, Al Furjan

Dubai, Al Furjan
Residential Community

Mogul Cluster, Discovery Gardens

Dubai, Discovery Gardens

Stellar AI

Beta - Demo

What can I help with?

Ask any question or choose one of the following:

AED

Beds

Baths

Applied Filters:

..............

See All Homes

We found homes in this area. Click the button below to see them all on our search page.

Loading Data...

Please Wait, it takes some time
AED

Beds

Baths

No Data Found

Unfortunately, we couldn't find any data matching your search criteria at this time.

          

Landmark

Enter area
Max distance
Beds
Price