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Nasser Lootah Building, Deira

Nasser Lootah Building, Deira

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Deira, Dubai

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Strengths

Prime Location

Modern Amenities

Professional Management

Weakens

Limited Parking Space

Higher Rent Prices

Noise Levels

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Buildign Overview

Summary

  • Strategically located in the heart of Deira, Nasser Lootah Building offers convenient access to shopping districts, dining options, and entertainment venues.
  • The building is surrounded by important landmarks including schools, parks, and cultural sites, making it an attractive area for diverse residents.
  • Public transportation is readily available, with nearby bus stations and metro lines connecting residents to various city destinations, enhancing mobility.

Properties Overview

  • The Nasser Lootah Building features a diverse range of residential units, including both rental and sale opportunities.
  • Popular property types include one and two-bedroom apartments, attracting both young professionals and families.
  • Current rental prices range from AED 45,000 to AED 75,000 annually, while sales prices for units can vary from AED 800,000 to AED 1.5 million, depending on size and floor.

Market Trends

  • The real estate market in Deira has shown stable growth, with average rental rates increasing by approximately 5% over the past year.
  • Sales trends indicate a steady demand for properties, with an ROI of around 6-8% for investors in the area, reflecting its desirability.
  • Expect continued interest in the coming years fueled by ongoing urban development projects and enhanced infrastructure.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from a variety of essential services in proximity, including reputable supermarkets, schools, and healthcare facilities.
  • Nearby medical clinics and hospitals ensure that healthcare needs are easily met.

Transportation and Accessibility

  • Excellent public transport connectivity, with multiple bus routes and metro access nearby, facilitating easy commutes throughout Dubai.
  • Parking facilities are available, providing additional convenience for residents with vehicles.

Lifestyle Amenities

  • The building is complemented by an array of lifestyle amenities, including fitness centers, cafes, and restaurants offering diverse cuisines.
  • Outdoor recreational opportunities are also accessible, enhancing the overall quality of life for residents.

Builing Facilities

  • Key building features include high-speed elevators, around-the-clock security services, and centralized air conditioning for maximum comfort.
  • Regular maintenance services ensure the building remains in excellent condition, providing peace of mind to residents.

Special Services

  • The Nasser Lootah Building also offers unique amenities such as concierge services and dedicated guest facilities, enriching the resident experience.
  • Business centers within the building cater to professionals, supporting remote work needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of thoughtfully designed floor plans are available to suit different lifestyle needs, from compact studios to spacious family apartments.

Things to Consider

  • Potential tenants and buyers should consider factors such as budget, proximity to public transport, and local amenities when making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents enjoy a vibrant community atmosphere with regular events, social gatherings, and activities organized within the building.

Community Identity

  • The Nasser Lootah Building boasts a unique identity marked by its modern architectural design and cultural significance within the Deira area.

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Detailed Buiding Insights

1. Family Friendliness

The Nasser Lootah Building offers a family-friendly environment with spacious apartments and nearby parks. Families with children benefit from accessible schools and community activities, promoting a friendly atmosphere.

Welcoming

2. Living Options

The range of living options in the Nasser Lootah Building includes various apartment sizes and layouts, catering to different family needs and lifestyles, along with competitive rental prices.

Diverse

3. Safety And Security

The building has enhanced security measures including 24/7 surveillance and guard presence, contributing to a safe living environment for residents.

Secure

4. Transportation

Located close to key roads and public transport options, residents have easy access to metro stations and bus routes, facilitating efficient commuting.

Very Convenient

5. Amenities And Facilities

The amenities include a swimming pool, gym, and recreational areas that cater to a variety of lifestyles, enhancing the living experience for residents.

Well-Equipped

6. Cost Of Living

The cost of living in the Nasser Lootah Building is relatively reasonable compared to similar communities in Deira, making it an attractive option for both families and individuals.

Affordable

7. Things To Do

While the building itself focuses on residential living, nearby attractions such as shopping centers, parks, and cultural sites provide residents with various leisure activities.

Moderately Diverse

8. Noise Levels

Most residents report low noise levels within the building due to soundproofing and regulations, creating a tranquil living environment despite being in a busy area.

Generally Peaceful

9. Pet Friendliness

The community has some pet-friendly policies, but restrictions vary by apartment unit, necessitating careful consideration for pet owners.

Somewhat Accommodating

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Key Information

Developer: Nasser Lootah Real Estate

Building Type: Residential

Unit Types : 1, 2 and 3-bedroom apartments,

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

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