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Residence 22, Business Bay

Residence 22, Business Bay

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Business Bay, Dubai

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Strengths

Prime Location

Modern Amenities

Luxurious Design

Weakens

High Maintenance Fees

Limited Parking Space

Noise Levels

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Buildign Overview

Summary

  • Residence 22 is an impressive residential development situated in the vibrant Business Bay area of Dubai, known for its stunning skyline and water views.
  • This high-rise building boasts easy access to key destinations including Downtown Dubai and the iconic Burj Khalifa.
  • Nearby facilities include luxurious hotels, shopping malls, and world-class dining options, making it a prime location for residents.
  • The building is well-connected to public transport services, enhancing connectivity for residents and visitors alike.

Properties Overview

  • Residence 22 offers a range of residential units including one, two, and three-bedroom apartments.
  • Popular choices among renters include spacious units with modern designs and stunning views.
  • Rental prices typically range from AED 80,000 to AED 150,000 per year, while sales prices vary depending on the unit size and floor.

Market Trends

  • The rental market in Business Bay has shown a steady increase in demand, with prices reflecting this trend.
  • Sales trends indicate a balanced market with healthy ROI for investors, particularly in luxury apartments.
  • Expectations for the coming year suggest continued growth, driven by infrastructure developments and increased expatriate demand.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from a variety of essential services nearby, including supermarkets, schools, and healthcare facilities.
  • International schools and top-tier hospitals are located within a short drive, enhancing the quality of living.

Transportation and Accessibility

  • Public transportation options are readily available, including metro stations and bus services facilitating easy travel around the city.
  • The building provides well-planned parking facilities for residents and visitors.

Lifestyle Amenities

  • Residence 22 features an array of lifestyle amenities such as a state-of-the-art gym, swimming pools, and leisure areas.
  • The vicinity includes trendy cafes, gourmet restaurants, and retail outlets, contributing to a vibrant lifestyle.

Builing Facilities

  • The building is equipped with modern elevators, advanced security systems, and centrally controlled air conditioning.
  • Professional maintenance services ensure a comfortable living environment.

Special Services

  • Residents enjoy a range of special services including concierge assistance, guest hosting services, and fully equipped business centers.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available to cater to different preferences, allowing for customization whether renting or buying.
  • Options include open layouts and multiple bedroom configurations for families or individuals.

Things to Consider

  • Potential residents should consider factors such as proximity to workplaces, lifestyle preferences, and community amenities before deciding.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residence 22 hosts regular community events and gatherings, fostering a strong sense of community among residents.

Community Identity

  • The building is noted for its modern architectural design and eco-friendly initiatives, making it a standout feature in Business Bay.

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Detailed Buiding Insights

1. Family Friendliness

Residence 22 offers several kid-friendly facilities and activities such as parks and play areas, making it suitable for families. However, the high-rise nature of the community might not appeal to everyone.

Moderately Welcoming

2. Living Options

The community features a range of living options, from luxury apartments to more affordable units, catering to various income levels and preferences.

Diverse and Luxurious

3. Safety And Security

Residence 22 has 24/7 security patrols and advanced surveillance systems, providing residents with a feeling of safety and peace of mind.

Highly Secure

4. Transportation

The location in Business Bay ensures easy access to public transport options, including the metro, making commuting hassle-free.

Very Convenient

5. Amenities And Facilities

The community boasts a variety of amenities, such as a swimming pool, gym, restaurants, and retail shops, which enhances the overall living experience.

Richly Equipped

6. Cost Of Living

While the quality of living is high, the costs associated with rent and maintenance can be on the higher side compared to other areas in Dubai.

Relatively High

7. Things To Do

Residence 22 is located close to various recreational options, including parks, shopping malls, and cultural districts, providing plenty of activities for residents.

Vibrantly Diverse

8. Noise Levels

Due to its central location in Business Bay, some noise from traffic and ongoing developments can be expected, although the community has measures to minimize disturbances.

Moderately Noisy

9. Pet Friendliness

Pets are generally accepted, with several parks and pet-friendly amenities available, though restrictions on pet types and sizes may apply.

Welcoming

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Key Information

Developer: National Trading & Developing Est.

Building Type: Residential

Building Age: 7 years(Date of completion: 2017)

Length: 484

Unit Types : 1, 2, 3 and 4-bedroom units

Floors: 24

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

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