Le Presidium 1, Dubai Silicon Oasis

Dubai Silicon Oasis, Dubai

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Strengths

Modern architectural design

Proximity to tech companies

Excellent amenities

Weakens

Limited public transport access

Higher maintenance fees

Noise from nearby construction

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Strengths

Modern architectural design

The building features contemporary design elements that enhance its aesthetic appeal.

Proximity to tech companies

Its location in Dubai Silicon Oasis allows easy access to various tech and corporate offices.

Excellent amenities

The building offers a wide range of amenities including a gym, pool, and 24/7 security.

Weaknesses

Limited public transport access

The area has few public transport options, making commuting more challenging for residents without cars.

Higher maintenance fees

Residents may face elevated maintenance costs compared to similar buildings in the vicinity.

Noise from nearby construction

There are ongoing construction activities in the area which can lead to noise disturbances.

Considerations

Investment potential

The area is rapidly developing, suggesting good potential for property value appreciation.

Community environment

The surroundings are becoming increasingly community-oriented with parks and recreational areas.

Focus on tech lifestyle

Living in Dubai Silicon Oasis can offer a tech-driven lifestyle with ample networking opportunities.

Buildign Overview

Summary

Le Presidium 1 is a contemporary residential development located in the thriving Dubai Silicon Oasis, known for its blend of technology and modern living.
The building is surrounded by various amenities including parks, schools, and dining options, providing a balanced lifestyle.
Residents benefit from easy access to major highways and public transport options, facilitating commuting to downtown Dubai and beyond.
When compared to neighboring developments, Le Presidium 1 offers a unique mix of modern architecture and community-focused facilities.

Properties Overview

The building features a range of residential units, including one, two, and three-bedroom apartments suitable for both renters and buyers.
Rental prices generally range from AED 40,000 to AED 70,000 per year, while purchase prices vary from AED 600,000 to AED 1.5 million depending on the unit size and layout.
Popular units within the building are often the two-bedroom apartments that provide optimal space for families, attracting high demand.

Market Trends

The real estate market in Dubai Silicon Oasis has experienced steady growth, with rental rates increasing by approximately 5% over the past year.
Sales prices have shown resilience, with an attractive return on investment (ROI) of around 7% for investors in this area.
Future predictions suggest continued growth as new infrastructure and amenities are developed in the surrounding regions.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Nearby essential services include several supermarkets, educational institutions, and healthcare facilities.
Reputable schools like GEMS Wellington Academy and several local clinics provide convenient access to education and medical support.

Transportation and Accessibility

Le Presidium 1 is well-served by public transportation including buses, while major road networks facilitate quick access to different parts of Dubai.
Ample parking spaces are available for residents with vehicles, ensuring easy accessibility.

Lifestyle Amenities

The building is equipped with top-notch amenities such as a state-of-the-art gym, swimming pool, and recreational areas.
Residents can enjoy various restaurants, cafes, and parks in the vicinity, enhancing their lifestyle experience.

Builing Facilities

Key facilities in Le Presidium 1 include high-speed elevators, 24-hour security services, and centralized air conditioning.
Dedicated maintenance services ensure a hassle-free living experience for all residents.

Special Services

Residents can take advantage of concierge services and business centers within the premises, catering to both lifestyle and professional needs.
Unique community events hosted regularly foster a sense of belonging among the residents.

Planning Your Move or Investment

Floor Plans and Property Types

Le Presidium 1 offers a variety of floor plans tailored to different lifestyles, including spacious layouts ideal for families and smaller units perfect for singles or couples.

Things to Consider

Potential tenants and buyers should evaluate their budget, personal needs, and long-term goals when considering a property in Le Presidium 1.
Researching the community, amenities, and market trends can facilitate informed decision-making.

Useful FAQs and Support

Events and Building Life

Building Events

Le Presidium 1 hosts regular community events, providing opportunities for residents to engage and build relationships with their neighbors.
Seasonal celebrations and wellness workshops are part of the vibrant building life.

Community Identity

The unique architectural style and community-driven ethos of Le Presidium 1 create an inviting atmosphere that distinguishes it from other buildings in the area.
With a focus on modern living and technology, the building embodies the spirit of Dubai Silicon Oasis.

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Detailed Buiding Insights

1. Family Friendliness

Le Presidium 1 is designed with families in mind, offering spacious apartments and a variety of recreational facilities. The community has playgrounds and parks, making it suitable for children.

Exceptionally Welcoming

2. Living Options

The living options in Le Presidium 1 include modern apartments with various layouts, catering to different family sizes and preferences. This diversity allows residents to choose according to their needs.

Diverse and Attractive

3. Safety And Security

Le Presidium 1 boasts state-of-the-art security systems, including CCTV surveillance and 24/7 security personnel, ensuring the safety of all residents and their property.

Highly Secure

4. Transportation

The community is well-connected to major highways and public transport options, making commutes to other parts of Dubai straightforward and efficient.

Conveniently Accessible

5. Amenities And Facilities

Le Presidium 1 features a swimming pool, gym, and communal areas. The presence of multiple facilities enhances the overall living experience and promotes a healthy lifestyle.

Richly Equipped

6. Cost Of Living

The cost of living in Le Presidium 1 is competitive compared to other areas in Dubai. Rental prices are reasonable for the amenities and quality of living provided.

Relatively Balanced

7. Things To Do

The area around Le Presidium 1 offers numerous dining, shopping, and entertainment options, catering to a variety of interests and preferences. Community events also enhance engagement.

Vibrantly Diverse

8. Noise Levels

The community is designed to minimize noise pollution, providing a tranquil environment for residents, despite its proximity to major roads and commercial areas.

Generally Peaceful

9. Pet Friendliness

Le Presidium 1 is pet-friendly, with many residents owning pets. There are designated areas for pets, and the community encourages a pet-friendly lifestyle.

Warmly Accommodating

Schools

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Key Information

Developer: Credo Investments

Building Type: Residential

Building Age: 8 years(Date of completion: 2016)

Unit Types : 1 and 2-bedroom apartments

Floors: 11

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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