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MM Towers, Dubai Silicon Oasis

MM Towers, Dubai Silicon Oasis

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Dubai Silicon Oasis, Dubai

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Strengths

Modern architecture

Proximity to key areas

Excellent facilities

Weakens

High rental costs

Limited parking space

Noise from nearby construction

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Buildign Overview

Summary

  • MM Towers is a contemporary residential complex strategically located within Dubai Silicon Oasis, known for its innovation and tech-friendly environment.
  • Proximity to major roads like Sheikh Mohammed Bin Zayed Road enhances accessibility, while the nearby Dubai International Airport is a bonus for frequent travelers.
  • The area features a mix of residential and commercial properties, along with green parks and recreational spaces, making it desirable for families and professionals alike.

Properties Overview

  • MM Towers offers a range of residential units, including spacious one, two, and three-bedroom apartments.
  • Current rental prices typically range from AED 50,000 to AED 90,000 per year, while purchase prices for apartments vary from AED 800,000 to AED 1.5 million, depending on the unit type and size.
  • Popular unit choices include two-bedroom apartments, which blend comfort with modern amenities.

Market Trends

  • The Dubai real estate market saw a significant uptick, with rental prices in Dubai Silicon Oasis increasing by approximately 10% over the past year.
  • Sales prices have also appreciated, indicating a vibrant investment opportunity with a healthy ROI of around 7% annually.
  • Future expectations suggest continued growth in rental and sales prices, driven by sustained demand from expatriates and tech professionals.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The vicinity of MM Towers is well-equipped with essential services, including supermarkets, international schools, and healthcare facilities such as clinics and pharmacies, ensuring convenience for residents.

Transportation and Accessibility

  • Public transport options abound, with bus routes and taxi services providing easy access to the Dubai Metro and the greater city.
  • Ample parking spaces are available for residents and guests, reinforcing the building's appeal.

Lifestyle Amenities

  • Residents can enjoy a variety of lifestyle amenities, including state-of-the-art gyms, swimming pools, and nearby parks.
  • A selection of cafes, restaurants, and shopping venues nearby enhances the urban living experience.

Builing Facilities

  • MM Towers features modern facilities such as high-speed elevators, 24/7 security, and central air conditioning systems for year-round comfort.
  • On-site maintenance services ensure quick responses to residents’ needs.

Special Services

  • The building offers concierge services, ensuring residents have assistance at their fingertips.
  • Business centers and co-working spaces cater to professionals working from home or needing meeting facilities.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, including open-concept layouts perfect for modern living or segmented spaces tailored for families.
  • Whether renting or buying, options are designed to meet different lifestyle needs.

Things to Consider

  • When considering a move to MM Towers, assess the size and layout that fit your lifestyle, evaluate the building's amenities, and review the locality's accessibility.
  • Look into community regulations, parking fees, and pet policies, if applicable.

Useful FAQs and Support

Events and Building Life

Building Events

  • MM Towers hosts regular community events, including social gatherings, seasonal celebrations, and fitness classes, fostering a sense of belonging among residents.
  • These events encourage networking and community building in a vibrant environment.

Community Identity

  • The unique architectural design of MM Towers, combined with its emphasis on community and convenience, makes it stand out in Dubai Silicon Oasis.
  • Known for its family-friendly atmosphere and tech-centric community, it attracts a diverse group of residents.

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Detailed Buiding Insights

1. Family Friendliness

The community is designed with families in mind, featuring spacious apartments, playgrounds, and nearby schools, making it a great environment for children.

Exceptionally Welcoming

2. Living Options

MM Towers offers a variety of living options, including 1, 2, and 3-bedroom apartments, catering to different family sizes and lifestyles.

Broadly Diverse

3. Safety And Security

The community is equipped with 24/7 security, CCTV surveillance, and gated entrances, ensuring the safety of all residents.

Remarkably Secure

4. Transportation

While public transport options are available, residents may need to rely on private vehicles for optimal convenience, especially during peak hours.

Moderately Convenient

5. Amenities And Facilities

The amenities include a swimming pool, gym, and community center, along with retail shops and cafes located within close proximity.

Richly Equipped

6. Cost Of Living

The cost of living in MM Towers is competitive for Dubai, offering a good balance between price and the quality of life due to the amenities provided.

Relatively Balanced

7. Things To Do

There are numerous leisure activities available nearby, including parks, shopping centers, and cultural sites, making it a vibrant community for residents.

Vibrantly Diverse

8. Noise Levels

The community enjoys low noise levels due to its strategic location away from major highways, providing a tranquil living experience.

Generally Peaceful

9. Pet Friendliness

MM Towers is known for being pet-friendly, with designated areas for pets and easy access to nearby parks, making it suitable for pet owners.

Warmly Accommodating

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Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Developer: Ribbon of Light Trading

Building Type: Residential

Building Age: 12 years(Date of completion: September 12, 2012)

Unit Types : Studio apartments and 1-bedroom apartments and shops

Floors: 16

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

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