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Manara Residence, Al Nahda

Manara Residence, Al Nahda

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Al Nahda, Dubai

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Strengths

Modern architecture

Prime location

Excellent facilities

Weakens

High service charges

Limited parking space

Noisy environment

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Buildign Overview

Summary

  • Manara Residence is a modern residential community located in Al Nahda, a vibrant area known for its blend of urban convenience and suburban tranquility.
  • This building is strategically positioned close to essential amenities such as shopping complexes, parks, and schools.
  • Public transportation options are easily accessible, making commuting straightforward for residents, alongside convenient road links to the rest of the city.
  • Nearby landmarks include Al Nahda Park, the Sharjah Aquarium, and several renowned shopping malls.

Properties Overview

  • Manara Residence offers a diverse range of residential units including spacious apartments and luxury penthouses.
  • Current rental prices vary, with one-bedroom apartments generally starting around AED 45,000 per annum, while two-bedroom options can reach AED 70,000.
  • For buyers, property prices vary depending on the unit size and location within the building, with prices starting at AED 600,000 for smaller units.

Market Trends

  • The real estate market in Al Nahda has demonstrated stability with a steady demand for rental properties.
  • Over the past year, rental prices have seen a modest increase of about 5%, while the sales market has remained consistent with limited fluctuations.
  • Investors can expect a return on investment (ROI) of approximately 6-8%, making it an attractive option for potential buyers.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to various supermarkets, schools, and healthcare facilities located within a short distance.
  • Notable institutions include Al Nahda International School and several clinics providing medical assistance.

Transportation and Accessibility

  • The building is well-connected via public transport, including buses and metro services, ensuring easy access to major city hotspots.
  • Ample parking spaces are available for residents and guests, enhancing convenience for car owners.

Lifestyle Amenities

  • Manara Residence boasts an array of lifestyle amenities, such as a fully-equipped gym, swimming pool, and rooftop gardens.
  • The area offers diverse dining experiences, shopping venues, and recreational parks for leisure activities.

Builing Facilities

  • Key building features include high-speed elevators, 24/7 security services, and centralized air conditioning to ensure comfort and safety.
  • Maintenance services are readily available to assist residents with any concerns.

Special Services

  • Additional services include concierge support, guest hosting facilities, and business center access, catering to both residents and visitors.
  • Unique amenities allow residents to enjoy a community-centric environment.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building presents a variety of floor plans to meet different lifestyle needs, including options designed for both singles and families.
  • Layout choices include open-concept living spaces, designated dining areas, and private balconies.

Things to Consider

  • Buyers and renters are encouraged to consider factors such as proximity to schools, public transportation, and local amenities before making a decision.
  • A checklist may include evaluating the property size, community services, and any additional fees.

Useful FAQs and Support

Events and Building Life

Building Events

  • Manara Residence hosts regular community events, encouraging engagement among residents through social gatherings and holiday celebrations.
  • Such events foster a sense of community and belonging, enriching life within the building.

Community Identity

  • Manara Residence embodies a blend of modern living and community values, highlighted by its dedication to resident well-being and support.
  • Cultural events and recreational activities make it a unique place to live, appealing to diverse demographics.

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Detailed Buiding Insights

1. Family Friendliness

Manara Residence offers a variety of family-oriented facilities, including parks, playgrounds, and a community center, making it a safe and enjoyable environment for children and parents alike.

Exceptionally Welcoming

2. Living Options

The community provides a wide range of housing options, including spacious apartments and accessible units suitable for various family sizes and needs.

Broadly Diverse

3. Safety And Security

The presence of 24/7 security personnel, CCTV surveillance, and gated access ensures a high level of safety and peace of mind for residents.

Remarkably Secure

4. Transportation

While public transportation options are available nearby, residents may find a car more convenient for reaching major destinations.

Moderately Convenient

5. Amenities And Facilities

Manara Residence boasts a variety of amenities, including a swimming pool, gym, and community lounge, ensuring residents have access to quality recreational options.

Richly Equipped

6. Cost Of Living

While the cost of living can be on the higher side in certain aspects, overall housing prices are sensible considering the available amenities and location.

Relatively Balanced

7. Things To Do

Residents can enjoy a multitude of activities nearby, from shopping malls and fine dining to local markets and parks, providing a lively atmosphere.

Vibrantly Diverse

8. Noise Levels

The community is designed to limit noise pollution, with ample green spaces that buffer sound, promoting a tranquil living environment.

Generally Peaceful

9. Pet Friendliness

Manara Residence is pet-friendly, featuring designated areas for pets and activities that cater to pet owners without compromising on the comfort of others.

Warmly Accommodating

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Key Information

Building Type: Residential

Building Age: 9 years(completed in 2015)

Unit Types :  1 and 2-bedroom apartments

Floors: 13

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

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