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NML Creek Residence, Bur Dubai

NML Creek Residence, Bur Dubai

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Bur Dubai, Dubai

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Strengths

Prime Location

Modern Amenities

Excellent Customer Service

Weakens

High Rental Prices

Limited Parking Space

Noise Levels

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Buildign Overview

Summary

  • NML Creek Residence is a contemporary residential building located in the heart of Bur Dubai, offering a blend of modern luxury and cultural heritage.
  • The building is strategically positioned near various conveniences, including shopping centers, dining options, and vibrant markets.
  • Public transportation is easily accessible with nearby metro stations and bus stops, enhancing connectivity to the rest of Dubai.
  • Local landmarks such as the Dubai Creek, Dubai Museum, and Al Fahidi Historical Neighborhood are just a stone’s throw away.

Properties Overview

  • The residence offers a diverse range of living spaces, including one, two, and three-bedroom apartments, catering to both single professionals and families.
  • Current rental prices range from AED 70,000 to AED 150,000 annually while sale prices for units typically range from AED 1.2 million to AED 2.5 million, depending on the layout and view.
  • Two-bedroom units are particularly popular among tenants, known for their spacious designs and modern amenities.

Market Trends

  • The real estate market in Bur Dubai has seen a steady increase in both rental and sales activities, with average rental yields hovering around 7-8%.
  • In the past year, demand for properties in NML Creek Residence has surged, driven by the increasing popularity of the Bur Dubai area.
  • Expectations for the coming year suggest continued growth due to ongoing infrastructure developments and the upcoming Expo events.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy easy access to essential services, including several supermarkets, educational institutions, and healthcare facilities such as hospitals and clinics.
  • Reputed schools like GEMS Modern Academy and healthcare providers like Rashid Hospital are within a short driving distance.

Transportation and Accessibility

  • The building is well-served by the Dubai Metro, with a nearby metro station facilitating smooth transit to major areas of Dubai.
  • Ample parking space is available for residents, ensuring easy vehicle access.

Lifestyle Amenities

  • Residents can take advantage of numerous leisure and lifestyle amenities, including a well-equipped gym, swimming pool, and relaxing green spaces.
  • There are plenty of dining options nearby, ranging from local eateries to international restaurants.

Builing Facilities

  • NML Creek Residence features essential facilities such as high-speed elevators, 24/7 security, centralized air conditioning, and regular maintenance services to enhance residents' comfort.
  • The building's design includes modern architectural features and quality finishes.

Special Services

  • Additional services offered include a concierge service, guest facilities, and business center access, catering to both residents and visitors.
  • Unique amenities such as a rooftop terrace provide an excellent spot for social gatherings.

Planning Your Move or Investment

Floor Plans and Property Types

  • NML Creek Residence provides a variety of thoughtfully designed floor plans, suitable for diverse lifestyle needs, from studio apartments to expansive three-bedroom units.
  • Each unit is tailored for optimal comfort and style.

Things to Consider

  • When considering moving to or investing in NML Creek Residence, evaluate factors such as budget, preferred apartment size, and proximity to amenities and transport links.
  • It's also essential to assess the potential for capital appreciation and rental yield.

Useful FAQs and Support

Events and Building Life

Building Events

  • NML Creek Residence hosts regular community events and social gatherings, fostering a sense of belonging among residents.
  • Events range from holiday celebrations to fitness challenges, encouraging community interaction.

Community Identity

  • The building is distinguished by its modern architecture and vibrant community spirit, often highlighted by the cultural events that reflect the rich traditions of Dubai.
  • Its proximity to Dubai Creek and historical sites adds a unique cultural flavor to the living experience.

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Detailed Buiding Insights

1. Family Friendliness

NML Creek Residence offers a variety of family-oriented amenities such as children's play areas, nearby schools, and family-friendly activities, making it a prime spot for families.

Exceptionally Welcoming

2. Living Options

The residences provide a range of options from studio apartments to larger family units, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The community ensures a high level of security with round-the-clock surveillance, gated entry, and secured parking, enhancing the safety of all residents.

Remarkably Secure

4. Transportation

While the area is well-connected with public transport options such as buses and metro, peak hours can see congestion, making travel times variable.

Moderately Convenient

5. Amenities And Facilities

NML Creek Residence features swimming pools, gyms, and recreational areas, alongside nearby shopping centers and dining options that cater to various needs.

Richly Equipped

6. Cost Of Living

The cost of living is competitive for the area, with reasonable rental prices relative to the quality of housing and amenities offered.

Relatively Balanced

7. Things To Do

The community is close to cultural attractions, parks, and dining options, providing residents with numerous recreational and entertainment activities.

Vibrantly Diverse

8. Noise Levels

Most areas of NML Creek Residence are quiet and conducive to relaxing, although some parts near major roads may experience moderate noise.

Generally Peaceful

9. Pet Friendliness

The community allows pets and includes pet-friendly amenities such as parks and walking areas, making it suitable for pet owners.

Warmly Accommodating

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Key Information

Developer: Nasser Mohamed Lootah Real Estate

Building Type: Residential

Unit Types : 2-bedroom apartments

Floors: 6

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

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