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Park Avenue I, Meydan City

Park Avenue I, Meydan City

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Meydan City, Dubai

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Strengths

Modern Architecture

Prime Location

High-Quality Amenities

Weakens

High Maintenance Costs

Limited Public Transport

Noise from Nearby Construction

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Buildign Overview

Summary

  • Park Avenue I stands as a distinguished residential building in Meydan City, offering a modern living experience.
  • Conveniently located near essential amenities, it enjoys proximity to restaurants, retail options, and vibrant recreational spaces.
  • The building benefits from excellent connectivity, with easy access to major highways and public transport routes, making it ideal for commuters.
  • Noteworthy local landmarks include the Meydan Racecourse and the Dubai Arena, enhancing the desirability of the location.

Properties Overview

  • Park Avenue I features a selection of contemporary apartments available for both rent and sale, catering to varied lifestyles.
  • Popular unit types include 1, 2, and 3-bedroom apartments, all featuring modern finishes and appliances.
  • Rental prices typically range from AED 70,000 to AED 150,000 annually, while sales prices vary based on unit size and floor, generally from AED 1.1 million to AED 2.5 million.

Market Trends

  • The real estate market in Meydan City shows a consistent increase in rental demand, driven by its appealing lifestyle and amenities.
  • Average rental yields for the area generally hover around 6-7%, attracting both local and international investors.
  • In the past year, property values have appreciated, and the trend is expected to continue, bolstered by ongoing development in the vicinity.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy easy access to various essential services, including supermarkets and grocery stores.
  • Educational institutions range from nurseries to international schools, catering to families in the community.
  • Healthcare facilities within close reach include hospitals and clinics, ensuring residents have access to quality medical services.

Transportation and Accessibility

  • The building is well-served by public transportation options, including buses and nearby metro stations.
  • Adequate parking spaces are available for residents, providing convenience for vehicle owners.
  • Accessibility to major areas of Dubai enhances the appeal for those commuting to work or leisure activities.

Lifestyle Amenities

  • Park Avenue I boasts a range of lifestyle-oriented amenities including state-of-the-art fitness centers and swimming pools.
  • On-site dining options and nearby restaurants invite residents to indulge in culinary experiences.
  • Outdoor spaces, such as parks and jogging trails, cater to fitness enthusiasts and families alike.

Builing Facilities

  • Key facilities include high-speed elevators, round-the-clock security, and a dedicated maintenance team to ensure resident satisfaction.
  • The building is equipped with central air conditioning, providing comfort throughout the year.

Special Services

  • Residents may enjoy premium services such as concierge support and guest services to enhance their living experience.
  • Business centers and meeting rooms are available for professional needs, making it suitable for remote workers.

Planning Your Move or Investment

Floor Plans and Property Types

  • A diverse range of floor plans is available, accommodating singles, couples, and families, tailored to suit various preferences and budgets.

Things to Consider

  • Prospective tenants and buyers should consider factors such as proximity to workplaces, schools, and recreational amenities.
  • Taking note of building fees, maintenance costs, and community regulations will also benefit planning.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events and gatherings foster a strong sense of community among residents.
  • Seasonal celebrations and workshops are organized, promoting engagement and a vibrant building culture.

Community Identity

  • Park Avenue I prides itself on a unique architectural design that harmonizes modern living with environmental sustainability.
  • The building hosts recreational facilities and green spaces that contribute to a balanced lifestyle for its residents.

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Detailed Buiding Insights

1. Family Friendliness

Park Avenue I offers spacious family-oriented apartments, playgrounds, and community parks, making it an ideal environment for families.

Exceptionally Welcoming

2. Living Options

With a mix of apartment types from studios to larger family units, residents have a variety of living spaces to choose from.

Broadly Diverse

3. Safety And Security

The community is equipped with 24/7 security services and surveillance, ensuring residents can feel safe in their environment.

Remarkably Secure

4. Transportation

While public transport access is available, residents may prefer personal vehicles for faster commutes to other parts of the city.

Moderately Convenient

5. Amenities And Facilities

The community provides a variety of amenities, including swimming pools, gyms, and community centers to enrich the living experience.

Richly Equipped

6. Cost Of Living

Housing prices are reasonable given the quality and amenities offered, but some services may be on the higher end.

Relatively Balanced

7. Things To Do

Residents can enjoy numerous dining, shopping, and entertainment options within Meydan City and nearby attractions.

Vibrantly Diverse

8. Noise Levels

The community is designed to minimize noise pollution, providing a calm environment despite being in a busy city.

Generally Peaceful

9. Pet Friendliness

Many residents have pets, and the community includes pet-friendly parks and walking areas.

Warmly Accommodating

Schools

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Key Information

Developer: Azizi Developments

Building Type: Residential

Building Age: 6 years(completed in 2018)

Unit Types : 1 and 2-bedroom apartments

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

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