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Miska 1, Old Town

Miska 1, Old Town

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Old Town, Dubai

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Strengths

Prime Location

Architectural Charm

Spacious Interiors

Weakens

Limited Parking

Noise Levels

Older Facilities

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Buildign Overview

Summary

  • Miska 1 is a prime residential building located in the heart of Old Town, known for its charming architecture and vibrant atmosphere.
  • This building enjoys proximity to numerous local amenities, including cafes, boutique shops, and cultural landmarks.
  • Excellent public transport links make commuting convenient, with bus stops and tram lines just a short walk away.

Properties Overview

  • Miska 1 features a variety of residential units for both rental and purchase, appealing to a broad audience.
  • Popular options include one-bedroom and two-bedroom apartments, which offer modern living spaces and attractive views.
  • Current rental prices typically range from $1,200 to $2,500 per month, while sales prices for units vary from $300,000 to $600,000, depending on size and features.

Market Trends

  • The real estate market in Old Town has shown consistent growth, with rental prices increasing by approximately 5% over the past year.
  • Sales trends indicate a stable demand, with an average time on the market of 30 days for well-priced units.
  • Investors can expect a solid return on investment (ROI) of around 7% in this area, thanks to the desirable location and amenities.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from nearby supermarkets, reputable schools, and healthcare facilities, including clinics and pharmacies for daily needs.

Transportation and Accessibility

  • The building is well-serviced by public transportation options including buses and trams, providing easy access to central business districts and other city areas.
  • Ample parking spaces are available for residents and guests, enhancing accessibility.

Lifestyle Amenities

  • Miska 1 is surrounded by a variety of lifestyle amenities such as fitness centers, restaurants, and cultural venues.
  • Residents can enjoy outdoor activities in nearby parks and recreational areas, enhancing their quality of life.

Builing Facilities

  • The building offers modern facilities including high-speed elevators, advanced security systems, and efficient central air conditioning.
  • Maintenance services are readily available, ensuring residents enjoy a hassle-free living experience.

Special Services

  • Miska 1 provides concierge services, offering assistance with everyday needs and ensuring residents feel supported.
  • Additional features include a well-equipped business center for professional needs and guest services for visitor accommodations.

Planning Your Move or Investment

Floor Plans and Property Types

  • A range of thoughtfully designed floor plans is available, catering to individuals, couples, and families alike.
  • Options range from cozy studios to spacious three-bedroom apartments, each optimized for modern living.

Things to Consider

  • Potential renters and buyers should consider factors such as the building’s community, proximity to transport links, and local amenities before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Miska 1 fosters a strong sense of community by hosting regular events and social gatherings for residents, such as seasonal celebrations and networking mixers.

Community Identity

  • The building embodies a unique blend of historic charm and modern convenience, reflecting the character of Old Town through its architecture and community spirit.

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Detailed Buiding Insights

1. Family Friendliness

Miska 1 has numerous parks and recreational areas, making it ideal for families. Schools in the area have high ratings and community events are frequent, providing a strong support system for families.

Exceptionally Welcoming

2. Living Options

The neighborhood offers a variety of housing types, including apartments, townhomes, and single-family houses, catering to different lifestyles and budgets.

Broadly Diverse

3. Safety And Security

Crime rates are significantly lower than the city average, and a strong community watch program enhances the feeling of safety among residents.

Remarkably Secure

4. Transportation

Public transport options are available, although some areas may require a vehicle for quick access to downtown services and amenities.

Moderately Convenient

5. Amenities And Facilities

Miska 1 features a range of amenities, including grocery stores, restaurants, and health facilities within a short distance, making it convenient for residents.

Richly Equipped

6. Cost Of Living

Housing costs are reasonable compared to the quality of life offered, although slightly higher than the national average, residents feel it's a fair trade-off for the surroundings.

Relatively Balanced

7. Things To Do

The community offers a variety of recreational activities, cultural events, and social gatherings, appealing to a wide range of interests and age groups.

Vibrantly Diverse

8. Noise Levels

Most areas of Miska 1 are quiet, with noise primarily coming from local businesses during peak hours. Residents find the noise levels manageable and conducive to a peaceful living environment.

Generally Peaceful

9. Pet Friendliness

Pet owners find plenty of parks and pet-friendly businesses in the area, making it a welcoming community for dogs and other pets alike.

Warmly Accommodating

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Key Information

Developer: Emaar Properties

Building Type: Residential

Building Age: 16 years(developed in 2008)

Unit Types : 1, 2 and 3-bedroom apartment

Floors: 6

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

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