Lakeside Tower D, Dubai Production City

Dubai Production City, Dubai

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Strengths

Prime Location

Modern Amenities

Scenic Views

Weakens

High Traffic Areas

Limited Public Transport

Noise Levels

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Strengths

Prime Location

Located in a vibrant area of Dubai Production City, offering easy access to key business and leisure spots.

Modern Amenities

Features contemporary facilities including a gym, swimming pool, and recreational areas, enhancing the living experience.

Scenic Views

Provides stunning views of the surrounding landscapes and water bodies, great for relaxation.

Weaknesses

High Traffic Areas

Can experience congestion during peak hours, making commutes less convenient.

Limited Public Transport

Public transport options are limited, necessitating reliance on private vehicles.

Noise Levels

Proximity to major roads may lead to higher noise levels impacting the living environment.

Considerations

Future Development Plans

Potential investors should monitor upcoming development plans that could affect property values and community dynamics.

Community Feel

Consider the community vibe and amenities when assessing suitability for family living.

Maintenance Fees

Review the maintenance fees associated with the property, as they can affect long-term financial planning.

Buildign Overview

Summary

Lakeside Tower D is strategically located in the vibrant enclave of Dubai Production City, offering a blend of residential and commercial opportunities.
The building is in proximity to key landmarks such as the Expo 2020 site and various retail outlets, enhancing its appeal for both living and investment.
Public transportation options, including major road networks and nearby metro stations, ensure convenient access to the rest of Dubai.

Properties Overview

This residential tower features a mix of studio, one-bedroom, and two-bedroom apartments, appealing to young professionals and families alike.
Rental prices for units generally range from AED 40,000 to AED 80,000 annually, while sale prices for units vary significantly based on size and layout.
The most sought-after units include those with inspiring views of the lakes and city skyline, often popular for their modern finishes.

Market Trends

Real estate trends indicate stable growth in both rental and sale prices, with an average annual increase of 5-7% noted over the past year.
Investors are particularly attracted to Lakeside Tower D due to its desirable location and competitive return on investment (ROI), typically hovering around 8-10%.
The market outlook for the coming year remains optimistic, driven by increased demand for residential spaces in well-connected urban areas.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents benefit from access to several supermarkets, international schools, and medical facilities, including nearby clinics and hospitals.
Essential services and community centers are within a short driving distance, enhancing the quality of life for the building's occupants.

Transportation and Accessibility

The building is well-connected via major highways, and public transportation options include bus routes and metro stations, providing seamless travel across the city.
Plentiful parking spaces are available for residents and visitors, making accessibility straightforward.

Lifestyle Amenities

The building boasts a range of lifestyle amenities such as a state-of-the-art gym, swimming pool, and landscaped gardens, catering to wellness and relaxation.
Dining options, cafes, and shopping complexes are immediately accessible, enhancing the urban living experience.

Builing Facilities

Lakeside Tower D is equipped with high-speed elevators, advanced security systems, and central air conditioning for enhanced comfort and safety.
Regular maintenance services are available, ensuring the building remains in top condition.

Special Services

Additional amenities include concierge services to facilitate residents' needs, guest accommodations, and dedicated business centers for remote work.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of floor plans are available, catering to diverse living arrangements and buyer preferences, ranging from compact studios to spacious two-bedroom apartments.

Things to Consider

Before relocating or investing, consider factors such as proximity to workplaces, lifestyle requirements, and potential rental yields in the area.

Useful FAQs and Support

Events and Building Life

Building Events

Regular social events and community gatherings are organized within Lakeside Tower D, fostering a strong sense of community among residents.
Seasonal celebrations and wellness workshops enhance the overall building experience.

Community Identity

Lakeside Tower D stands out for its eco-friendly design and prime lakeside views, contributing to a unique living environment that emphasizes nature and modernity.

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Detailed Buiding Insights

1. Family Friendliness

The community provides a family-friendly atmosphere with parks, playgrounds, and recreational facilities suitable for children. Many families reside in the area, creating a supportive and friendly environment.

Welcoming

2. Living Options

Lakeside Tower D offers a variety of living options including spacious apartments suitable for families and singles alike, with different layouts and sizes to accommodate diverse needs.

Diverse

3. Safety And Security

The area boasts a robust security system with surveillance cameras and 24/7 security personnel, ensuring a safe living environment for all residents.

Secure

4. Transportation

Lakeside Tower D is well-connected to major roads and public transportation options, making commuting convenient for residents wanting to access different parts of Dubai.

Convenient

5. Amenities And Facilities

The community features a range of amenities, including a swimming pool, fitness center, and various retail outlets, providing residents with essential services and recreational activities.

Well-equipped

6. Cost Of Living

Compared to other areas in Dubai, the cost of living in Lakeside Tower D is relatively affordable, making it an attractive option for both families and young professionals.

Affordable

7. Things To Do

While not as bustling as other areas, there are several nearby restaurants, cafes, and recreational options that cater to various interests, providing enjoyable activities for residents.

Varied

8. Noise Levels

The area is relatively quiet, with noise levels mostly subdued, allowing for a peaceful living environment ideal for relaxation after a long day.

Generally Peaceful

9. Pet Friendliness

The community is generally accommodating to pets, with several walking areas and parks nearby, although certain restrictions may apply within the residential buildings.

Accommodating

Schools

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Key Information

Developer: Damac Properties

Building Type: Residential

Building Age: 9 years(completed in 2015)

Unit Types : Studio and 1-bed apartments

Floors: 22 storeys

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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