Nilona Residence, Dubai Residence Complex

Dubai Residence Complex, Dubai

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Strengths

Modern Architectural Design

Prime Location

Ample Amenities

Weakens

High Maintenance Fees

Limited Parking Space

Noise from Surrounding Areas

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Strengths

Modern Architectural Design

The building features state-of-the-art design, enhancing both aesthetics and functionality.

Prime Location

Situated in a strategic area with easy access to major roadways, retail, and entertainment options.

Ample Amenities

Offers a variety of facilities such as swimming pools, gyms, and communal gardens.

Weaknesses

High Maintenance Fees

Residents may find the fees associated with maintaining amenities to be on the higher side.

Limited Parking Space

Available parking may not meet the needs of all residents, especially those with multiple vehicles.

Noise from Surrounding Areas

Proximity to busy roads and commercial areas can result in higher noise levels during peak hours.

Considerations

Future Development in the Area

Ongoing and proposed developments could increase property values or lead to congestion.

Community Atmosphere

Consider the type of community and social interactions expected within the complex.

Resale Value

Evaluate the potential for property appreciation or depreciation based on market trends.

Buildign Overview

Summary

Nilona Residence is a modern residential building located in the heart of the Dubai Residence Complex.
The building features contemporary architecture and is situated close to several essential amenities, making it ideal for both families and professionals.
Nearby attractions include parks, restaurants, shopping malls, and recreational facilities.
Public transportation access is convenient, with metro stations and bus stops located within walking distance.

Properties Overview

Nilona Residence offers a diverse range of units including one, two, and three-bedroom apartments catering to different lifestyles.
Rental prices for units in Nilona Residence typically range from AED 60,000 to AED 120,000 annually, depending on the size and layout.
Sales prices vary, with properties listed between AED 900,000 and AED 2 million, appealing to both investors and homebuyers.

Market Trends

The rental market in Nilona Residence has shown a steady increase in demand, with an average rental yield of around 7% for investors.
In the past year, property values have risen by approximately 6%, with forecasts suggesting continued growth due to ongoing development in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

The vicinity includes well-rated schools, hospitals, and clinics, such as the Dubai International School and Mediclinic, catering to family needs.
Residents will find several supermarkets and grocery stores within a short distance for everyday shopping.

Transportation and Accessibility

Nilona Residence boasts excellent connectivity with the Dubai Metro and local bus services, enhancing access to the wider city.
Ample parking spaces are available for residents and guests, ensuring convenience for car owners.

Lifestyle Amenities

On-site amenities include state-of-the-art gyms, swimming pools, and recreational areas for outdoor activities.
Residents can enjoy various dining options, cafes, and boutique shops located nearby.

Builing Facilities

Nilona Residence is equipped with high-speed elevators, round-the-clock security, and central air conditioning.
Comprehensive maintenance services ensure that residents enjoy a hassle-free living experience.

Special Services

The building offers concierge services, making it easy for residents to arrange personal requests and services.
Business centers within the complex provide essential facilities for professionals and entrepreneurs.

Planning Your Move or Investment

Floor Plans and Property Types

Various layouts are available, with oversized windows allowing for natural light and stunning views, catering to various preferences.
Units feature modern finishes, spacious living areas, and fully equipped kitchens, making them move-in ready.

Things to Consider

Prospective renters and buyers should consider the amenities offered, the local community vibe, and long-term investment potential.
Evaluate proximity to work, schools, and leisure activities when making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

Nilona Residence hosts various community activities and social gatherings, fostering a friendly neighborhood atmosphere.
Regular events such as holiday celebrations and fitness classes create engagement among residents.

Community Identity

The building is recognized for its vibrant community and commitment to maintaining a high standard of living.
Nilona Residence embodies modern urban living in a tranquil setting, appealing to a diverse range of residents.

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Detailed Buiding Insights

1. Family Friendliness

Nilona Residence offers a variety of family-friendly amenities such as children's play areas, community events, and spacious apartments that cater to families of all sizes.

Exceptionally Welcoming

2. Living Options

The complex provides a range of living options from studio apartments to larger family units, accommodating different needs and lifestyles.

Diverse and Flexible

3. Safety And Security

Nilona Residence features 24/7 security surveillance, access control, and a gated entry, ensuring the safety of its residents.

Highly Secure

4. Transportation

The residence is well-connected to public transport and major roadways, making commuting easy for residents.

Conveniently Accessible

5. Amenities And Facilities

Amenities include a swimming pool, gym, tennis courts, and communal gardens, providing residents with a variety of recreational options.

Richly Equipped

6. Cost Of Living

While slightly above the average for the area, the offerings and quality of life justify the costs associated with living in Nilona Residence.

Reasonably Priced

7. Things To Do

The surrounding area features shopping centers, parks, and cultural attractions, providing residents with ample entertainment and leisure options.

Vibrantly Diverse

8. Noise Levels

The residence is situated in a quiet neighborhood, with noise levels being well-managed, making it ideal for families and professionals alike.

Generally Peaceful

9. Pet Friendliness

The community is known for its pet-friendly policies, allowing residents to enjoy the company of their animals with designated pet areas available.

Accommodating

Schools

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Key Information

Building Type: Residential

Building Age: 6 years(Date of completion: 2018)

Unit Types : 1 and 2-bedroom apartments

Floors: 13

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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