Sheikh Majid Building, Sheikh Zayed Road

Sheikh Zayed Road, Dubai

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Strengths

Prime Location

Modern Architecture

Excellent Amenities

Weakens

High Rental Prices

Traffic Congestion

Limited Parking Space

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Strengths

Prime Location

Situated on Sheikh Zayed Road, providing easy access to major areas.

Modern Architecture

Features contemporary design and high-quality materials.

Excellent Amenities

Includes state-of-the-art facilities such as a gym and conference rooms.

Weaknesses

High Rental Prices

Rental costs can be above average compared to nearby buildings.

Traffic Congestion

Heavy traffic on Sheikh Zayed Road can make commuting difficult.

Limited Parking Space

Parking facilities may not accommodate peak hours efficiently.

Considerations

Investment Potential

The building's value may appreciate due to its strategic location.

Surrounding Developments

New projects in the vicinity could enhance the area further.

Noise Level

Proximity to the highway may result in higher noise levels indoors.

Buildign Overview

Summary

Located on the prominent Sheikh Zayed Road, Sheikh Majid Building is a well-established commercial and residential property.
It is conveniently positioned near several key landmarks, including shopping malls, corporate offices, and dining establishments.
Public transportation options abound, with easy access to metro stations and bus routes, facilitating smooth commutes.

Properties Overview

The building hosts a variety of units, offering both residential and commercial properties.
Popular unit types include 1, 2, and 3-bedroom apartments, attracting a diverse range of tenants.
Rental prices typically range from AED 60,000 to AED 120,000 annually, while purchase prices can vary from AED 800,000 to AED 2,500,000 depending on the unit size and view.

Market Trends

In the last year, rental prices have seen a modest increase of about 5%, driven by rising demand for well-located properties.
The property market remains competitive, with a return on investment (ROI) estimated at around 7% for investors.
Future expectations indicate a steady growth trend, with continued investment in infrastructure around Sheikh Zayed Road.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents enjoy proximity to several supermarkets and retail outlets, making everyday shopping convenient.
The building is near reputable schools catering to various educational needs, and healthcare facilities including clinics and pharmacies are within easy reach.

Transportation and Accessibility

With well-connected public transit options, residents can access the Dubai Metro as well as bus services.
Ample parking spaces are available, ensuring that both residents and visitors can easily find parking.

Lifestyle Amenities

The area is rich in lifestyle amenities, featuring gyms, swimming pools, restaurants, and cafes.
Outdoor activities are readily available, with parks and recreational areas nearby, perfect for families and fitness enthusiasts.

Builing Facilities

Sheikh Majid Building is equipped with modern facilities, including high-speed elevators and a security system for peace of mind.
Central air conditioning ensures a comfortable environment throughout the year, while dedicated maintenance services enhance overall living enjoyment.

Special Services

Residents benefit from concierge services, providing assistance with everyday needs and recommendations.
Business centers are available for residents and tenants who require workspace options, along with guest services accommodating visitors.

Planning Your Move or Investment

Floor Plans and Property Types

The building offers a range of floor plans, catering to different lifestyles—ideal for individuals, families, and businesses.
These include spacious open layouts and functional designs, ensuring that space is optimized for comfort and usability.

Things to Consider

Prospective tenants and buyers should consider proximity to work, access to facilities, and budget.
Reviewing the property’s management and community feedback can also provide insights into living conditions.

Useful FAQs and Support

Events and Building Life

Building Events

Sheikh Majid Building hosts seasonal events, community gatherings, and tenant meet-ups to foster a sense of community.
Networking opportunities and workshops are organized periodically to engage residents and promote social interaction.

Community Identity

The building is distinguished by its modern architectural design and strategic location, making it a landmark on Sheikh Zayed Road.
It serves as a hub for both business and residential purposes, creating a vibrant community atmosphere.

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Detailed Buiding Insights

1. Family Friendliness

The Sheikh Majid Building is suitable for families, with some amenities available nearby, but it lacks dedicated family-centric facilities such as parks and play areas.

Moderately Welcoming

2. Living Options

The building offers various living options, from studio apartments to more spacious units, catering to different resident needs and budgets.

Diverse Choices

3. Safety And Security

The premises have a security team on site and surveillance systems, ensuring a sense of safety for residents, though external crime levels in the area need to be considered.

Generally Secure

4. Transportation

Located on Sheikh Zayed Road, the building offers great accessibility to public transport and major highways, making commuting easy for residents.

Extremely Convenient

5. Amenities And Facilities

Residents have access to essential amenities such as a gym and swimming pool; however, further recreational facilities could enhance the living experience.

Adequately Equipped

6. Cost Of Living

The cost of living is fair for the area, balancing quality with affordability. However, it may still be considered high relative to some peripheral areas.

Moderately Priced

7. Things To Do

The area is rich in entertainment options, with malls, restaurants, and cultural venues nearby, ensuring that residents have plenty to engage with.

Vibrantly Active

8. Noise Levels

Being located on a busy road can lead to higher noise levels, which may be a consideration for those who prefer quieter living environments.

Somewhat Noisy

9. Pet Friendliness

While some pet policies exist, the lack of dedicated pet-friendly spaces in the area may limit options for pet owners.

Moderately Accommodating

Schools

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Key Information

Building Type: Residential

Length: 50

Unit Types : 1 and 2-bedroom apartments

Floors: 5

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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