Narcissus Building, Dubai Silicon Oasis

Dubai Silicon Oasis, Dubai

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Strengths

Modern architectural design

Strategic location

Amenities and facilities

Weakens

Limited public transport options

High rental costs

Noise levels

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Strengths

Modern architectural design

The building features contemporary aesthetics and innovative design elements.

Strategic location

Located in Dubai Silicon Oasis, it provides easy access to major highways and tech hubs.

Amenities and facilities

Offers a range of amenities such as gym, swimming pool, and meeting rooms.

Weaknesses

Limited public transport options

Access to public transportation is limited, making commuting challenging.

High rental costs

Rental prices are on the higher end compared to similar buildings in the area.

Noise levels

Some units may experience noise from nearby construction and traffic.

Considerations

Future development in the area

The neighborhood is set to experience growth, which may increase property values.

Diverse tenant base

The building attracts a mix of tech companies and startups, fostering collaboration.

Environmental sustainability

Consider the building's eco-friendly initiatives, which may appeal to environmentally conscious tenants.

Buildign Overview

Summary

Nestled in the heart of Dubai Silicon Oasis, the Narcissus Building serves as a modern mixed-use complex, ideal for both residential and commercial purposes.
This building is in proximity to essential amenities like shopping centers, recreational parks, and healthcare facilities, promoting a well-rounded lifestyle.
Accessibility is enhanced by major road networks and public transport options, making commute seamless for residents and business owners alike.

Properties Overview

The Narcissus Building features a diverse portfolio of rental and sale properties, appealing to a wide range of demographics.
Units typically range from stylish studios to spacious two-bedroom apartments, catering to both singles and families.
Current rental prices hover around AED 40,000 for studios, while two-bedroom units may attract rents of AED 80,000, reflecting the competitive market in Dubai.
Properties for sale often feature competitive pricing, with one-bedroom apartments available in the range of AED 600,000 to AED 800,000.

Market Trends

The rental market in Dubai Silicon Oasis continues to show a robust trend with an average annual price increase of 5%, driven by high demand and limited supply.
Sales trends reflect a similar uptrend, particularly in affordable luxury sectors, making it a good time for potential investors.
The expected return on investment (ROI) in this area stands at about 7%, attracting both local and international buyers.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents benefit from easy access to key supermarkets and retail outlets within walking distance.
Numerous educational institutions are in the vicinity, including respected schools and universities to meet families' needs.
Healthcare is readily accessible, with hospitals and medical clinics located nearby to ensure residents' well-being.

Transportation and Accessibility

The building is strategically located near major highways and roads, ensuring convenient access to other parts of Dubai.
Public transport options including buses and taxis are available, along with designated parking space for residents and visitors.

Lifestyle Amenities

Narcissus Building boasts a range of lifestyle amenities, including state-of-the-art fitness centers and communal recreational facilities.
Dining options vary with an assortment of restaurants, cafes, and local eateries, creating a vibrant culinary scene for residents.
Outdoor enthusiasts can enjoy nearby parks and entertainment options suitable for families and individuals alike.

Builing Facilities

The building is equipped with high-speed elevators, advanced security systems, and energy-efficient central air conditioning.
Maintenance services are readily available, ensuring that the building remains in excellent condition for all occupants.

Special Services

Residents can take advantage of concierge services, offering assistance with everyday needs and enhancing the living experience.
Business centers within the building cater to professionals, providing essential facilities for meetings and collaborative work.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of floor plans are available, ranging from efficient studio layouts to family-centric two-bedroom configurations, meeting diverse lifestyle needs.
Each unit is designed to maximize space and natural light, appealing to modern living standards.

Things to Consider

Consider your budget, lifestyle requirements, and proximity to work or schooling when selecting a property.
Evaluate the building’s amenities, security, and community environment to ensure it aligns with your expectations.

Useful FAQs and Support

Events and Building Life

Building Events

Regular social events and community gatherings are organized, fostering a sense of community among residents.
Events such as holiday celebrations, fitness challenges, and networking opportunities enhance the building’s community spirit.

Community Identity

The Narcissus Building is recognized for its architectural elegance and commitment to providing a modern urban lifestyle.
Cultural and recreational activities often take place in and around the building, making it a vibrant focal point in Dubai Silicon Oasis.

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Detailed Buiding Insights

1. Family Friendliness

The Narcissus Building is recognized for its family-oriented amenities, including proximity to parks, schools, and recreational areas, making it an ideal choice for families.

Highly Supportive

2. Living Options

The building offers a variety of living options, including one, two, and three-bedroom apartments, catering to different family sizes and preferences.

Diverse Choices

3. Safety And Security

With 24/7 security surveillance and access control systems in place, residents feel secure in their homes, adding substantial peace of mind.

Exceptionally Secure

4. Transportation

The building is strategically located near major highways and public transportation options, facilitating easy commuting to various parts of Dubai.

Well-Connected

5. Amenities And Facilities

Amenities include a swimming pool, gym, playgrounds, and community areas, which enhance the lifestyle of residents significantly.

Richly Equipped

6. Cost Of Living

While prices can vary, the overall cost of living in Narcissus Building is relatively affordable compared to other areas in Dubai, making it accessible for many families.

Relatively Affordable

7. Things To Do

The nearby area offers a mix of shopping, dining, and entertainment options, although more variety could be desirable for those looking for vibrant nightlife.

Moderately Engaging

8. Noise Levels

Situated in a quieter part of Dubai Silicon Oasis, the noise levels are relatively low, providing a serene environment for residents.

Generally Peaceful

9. Pet Friendliness

The building is pet-friendly with policies that encourage responsible pet ownership, and nearby parks offer ample space for pets to exercise.

Welcoming to Pets

Schools

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Key Information

Building Type: Residential

Length: 112

Unit Types : Studios, 1 and 2-bedroom apartments

Floors: 9

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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