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Mayfair Tower, Business Bay

Mayfair Tower, Business Bay

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Business Bay, Dubai

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Strengths

Prime Location

Modern Amenities

Spectacular Views

Weakens

High Demand

Pricey Rentals

Traffic Congestion

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Buildign Overview

Summary

  • Mayfair Tower is a stunning high-rise located in the vibrant Business Bay area of Dubai.
  • The building offers proximity to iconic landmarks such as the Burj Khalifa and Dubai Mall, enhancing its appeal.
  • It is easily accessible by major highways and is well-served by public transport, making commuting convenient.

Properties Overview

  • The building features a mix of luxurious residences that cater to both rental and sale markets.
  • Popular units include 1-bedroom and 2-bedroom apartments, with flexible layouts to meet diverse needs.
  • Rental prices typically range from AED 70,000 to AED 120,000 annually, while sales prices for apartments can start at AED 1 million.

Market Trends

  • The real estate market in Business Bay has shown steady demand, with an average rental yield of around 7.5%.
  • Current market trends indicate a stable appreciation in property values, with expectations of continued growth into the next year.
  • Sales prices have been increasing modestly, reflecting investor confidence in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy access to various amenities, including supermarkets, schools, and healthcare facilities.
  • Nearby schools include the Dubai International School and GEMS Wellington Academy.
  • Prominent healthcare options include Mediclinic and Dubai Hospital, providing comprehensive medical services.

Transportation and Accessibility

  • Excellent transport links, including close proximity to the Dubai Metro and bus stations.
  • Dedicated parking facilities for residents ensure convenient vehicle access.
  • The strategic location offers easy connectivity to key areas such as Downtown Dubai and Dubai Marina.

Lifestyle Amenities

  • Mayfair Tower features a range of lifestyle amenities, such as fully-equipped gyms and swimming pools.
  • Nearby dining options include a variety of cafes and restaurants, catering to diverse culinary preferences.
  • Outdoor spaces and parks provide opportunities for recreation and leisurely activities.

Builing Facilities

  • Building amenities include high-speed elevators, advanced security systems, and central air conditioning.
  • Maintenance services are provided, ensuring that residents’ needs are addressed promptly.

Special Services

  • Additional services include 24-hour concierge support and business centers for professional needs.
  • Valet parking and guest services are also available, enhancing the overall experience for residents and visitors.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available to suit different lifestyles, from spacious studios to multi-bedroom apartments.
  • Each layout is designed to maximize space and provide comfort for residents.

Things to Consider

  • Consider proximity to workplaces, schools, and essential services when choosing a unit.
  • Review the building’s community guidelines and regulations for a harmonious living experience.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents regularly participate in community events, fostering a sense of belonging and collaboration.
  • Social gatherings and networking opportunities contribute to an engaging community atmosphere.

Community Identity

  • Mayfair Tower stands out for its modern architecture and exceptional location, appealing to both families and young professionals.
  • The combination of luxury and convenience makes it an attractive choice in Dubai's real estate market.

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Detailed Buiding Insights

1. Family Friendliness

The community provides ample green spaces and playgrounds, making it a fantastic environment for families. Many amenities cater specifically to children, allowing parents to feel comfortable and engaged.

Exceptionally Welcoming

2. Living Options

Mayfair Tower offers a range of apartment sizes and designs, catering to different lifestyles and family sizes. This variety attracts both professionals and families.

Broadly Diverse

3. Safety And Security

The building is equipped with 24/7 security, surveillance systems, and controlled access, providing residents with peace of mind regarding their safety.

Remarkably Secure

4. Transportation

Situated near major highways and well-connected to public transportation, residents find commuting to other parts of the city easy and efficient.

Highly Convenient

5. Amenities And Facilities

Mayfair Tower features a variety of amenities including a gym, pool, and communal areas, catering to a luxurious lifestyle and enhancing residents' daily experiences.

Richly Equipped

6. Cost Of Living

While Mayfair Tower offers luxurious living, it remains competitive in pricing compared to other premium properties in the area. This accessibility makes it appealing to a wider demographic.

Generally Affordable

7. Things To Do

The area around Mayfair Tower is bustling with cafes, restaurants, and entertainment facilities. Additionally, proximity to parks and recreational facilities ensures that there is always something to do.

Vibrantly Diverse

8. Noise Levels

Despite being in a vibrant area, the design of Mayfair Tower and its surroundings minimizes noise, allowing residents to enjoy a tranquil living environment.

Generally Peaceful

9. Pet Friendliness

The community welcomes pets and provides facilities like pet parks and walking trails nearby, making it a suitable environment 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 (1Beds)
Rent
68.5K AED
apartment (2Beds)
Rent
105.6K AED
apartment (1Beds)
Sale
839.7K AED
apartment (2Beds)
Sale
1.3M AED

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Key Information

Buy: 700K AED - 1.4M AED

Rent: 25K AED - 125K AED

Developer: Deyaar

Building Type: Residential

Building Age: `13 years(Date of completion: 2011)

Length: 218

Unit Types : 1 and 2-bedroom apartments

Floors: 22

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

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