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Lulu Building, Al Barsha

Lulu Building, Al Barsha

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Al Barsha, Dubai

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Strengths

Prime Location

Modern Design

Ample Parking Space

Weakens

High Rental Prices

Limited Green Spaces

Noise Levels

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Buildign Overview

Summary

  • Lulu Building is a prominent residential structure located in the heart of Al Barsha, a well-connected district in Dubai.
  • It offers easy access to key facilities such as shopping malls, parks, and cultural sites, making it a desirable location.
  • The area is serviced by efficient public transport options, including metro stations and bus services, enhancing accessibility.

Properties Overview

  • The building features a diverse range of properties, including both rental and sale options, catering to various lifestyle needs.
  • Rental prices typically range from AED 50,000 to AED 100,000 per year for one to three-bedroom units, depending on the specifics of the apartment.
  • Sale prices can vary, with units starting around AED 800,000, offering attractive investment opportunities for buyers.

Market Trends

  • The local real estate market has shown a steady increase in rental rates, reflecting a strong demand for housing in the Al Barsha area.
  • Recent trends indicate a year-on-year growth of approximately 5-7% for both rentals and property sales.
  • Future outlook suggests continued interest in Al Barsha as a favorable investment location, buoyed by ongoing developments in the broader Dubai real estate market.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Lulu Building is surrounded by essential amenities, including supermarkets such as Carrefour, various schools, and healthcare facilities including hospitals and clinics.
  • Family-friendly educational institutions are within short distances, providing quality schooling options.

Transportation and Accessibility

  • The building is strategically positioned near major roads, making it easy for residents to commute.
  • Public transportation options include the nearby Metro stations and bus networks, along with designated parking spaces for residents and guests.

Lifestyle Amenities

  • Residents enjoy a vibrant lifestyle with access to gyms, swimming pools, restaurants, and cafes located within and around the building.
  • Outdoor enthusiasts can take advantage of parks and recreational areas nearby, promoting an active lifestyle.

Builing Facilities

  • Lulu Building offers modern facilities such as high-speed elevators, 24/7 security services, central air conditioning, and efficient maintenance support.

Special Services

  • Additional amenities include a concierge service to assist residents, guest services for visitors, and business centers for professionals working from home.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building provides a variety of floor plans that cater to different preferences, from cozy one-bedroom apartments to spacious three-bedroom units.

Things to Consider

  • Prospective tenants and buyers should evaluate factors such as location convenience, available facilities, and budget constraints.
  • It's advisable to consider the community environment and nearby services before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • The building hosts regular community events and gatherings that foster a sense of belonging among residents.

Community Identity

  • Lulu Building stands out for its modern architecture and community-oriented atmosphere, appealing particularly to families and young professionals alike.

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Detailed Buiding Insights

1. Family Friendliness

The area has a good mix of families and single professionals. Nearby parks and schools make it suitable for families, though some amenities are geared more towards adults.

Moderately Welcoming

2. Living Options

Lulu Building offers a range of apartment styles and sizes, catering to various preferences and budgets which provides flexibility for renters.

Diverse Offerings

3. Safety And Security

The neighborhood has a good security presence and low crime rates, contributing to a sense of safety for residents.

Generally Secure

4. Transportation

Public transportation options are readily available, including metro stations and bus routes, which makes commuting easy for residents.

Conveniently Accessible

5. Amenities And Facilities

Lulu Building is located near supermarkets, gyms, and restaurants, providing residents with essential services and leisure options within walking distance.

Well-Equipped

6. Cost Of Living

While rental prices are competitive for the area, costs for groceries and dining are average, appealing to those looking for affordability without compromising on quality.

Relatively Balanced

7. Things To Do

The area is surrounded by a variety of entertainment options, including shopping malls, cinemas, and recreational facilities, catering to different interests.

Vibrantly Diverse

8. Noise Levels

While bustling during peak hours, the community remains relatively quiet in the evenings, conducive to a peaceful living experience.

Generally Peaceful

9. Pet Friendliness

Many properties within the area allow pets, and there are parks nearby for pet owners to enjoy walks and outdoor activities with their animals.

Accommodating

Schools

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Key Information

Building Type:  Residential

Unit Types : 2 and 3-bedroom apartments

Floors: 13 floors

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

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