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The Centre Residence, Deira

The Centre Residence, Deira

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Deira, Dubai

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Strengths

Prime Location

Modern Amenities

Spacious Apartments

Weakens

High Rent Prices

Limited Parking

Noise Levels

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Buildign Overview

Summary

  • The Centre Residence is a modern, upscale residential complex situated in the bustling district of Deira, offering easy access to vibrant markets, dining options, and cultural attractions.
  • Its prime location near the Dubai Metro and multiple bus routes ensures seamless connectivity to major city landmarks, including Dubai Mall and the Dubai International Airport.
  • The building stands out among nearby residences due to its contemporary architecture and range of premium amenities.

Properties Overview

  • The Centre Residence features a variety of apartments appealing to both renters and prospective buyers, including one, two, and three-bedroom units.
  • Rental prices typically range from AED 60,000 to AED 120,000 annually, while sales prices can vary significantly based on unit size and view, averaging between AED 800,000 and AED 1.8 million.

Market Trends

  • In the past year, rental demand in Deira saw a steady increase, with prices rising due to a growing interest from expatriates and young professionals.
  • Sales trends have also shown a positive trajectory, making The Centre Residence an attractive investment opportunity with a competitive ROI averaging around 7% annually.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to essential services, including the Al Ghurair Centre, schools like Deira International School, and healthcare facilities such as Emirates Hospital and various clinics.

Transportation and Accessibility

  • With easy access to Deira City Centre Metro Station and well-connected bus routes, commuting is convenient; additionally, ample parking spaces are available for residents with vehicles.

Lifestyle Amenities

  • Lifestyle offerings close to The Centre Residence include fitness centers, popular restaurants, cafes, and recreational parks, catering to diverse tastes and preferences.

Builing Facilities

  • The building encompasses modern conveniences such as high-speed elevators, 24-hour security services, central air conditioning, and dedicated maintenance support for residents.

Special Services

  • Exclusive amenities include a concierge service, business center facilities, and a community lounge, designed to enhance the living experience of all residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • The Centre Residence offers various spacious floor plans, accommodating different lifestyles, from compact one-bedroom apartments to expansive three-bedroom family units.

Things to Consider

  • Prospective residents and buyers should consider factors such as property size, proximity to transportation, available amenities, and community engagement opportunities when making their decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • The Centre Residence hosts regular community events, such as seasonal celebrations, social gatherings, and fitness classes, promoting resident interaction and camaraderie.

Community Identity

  • This building is characterized by its modern design, community-focused environment, and commitment to creating a vibrant lifestyle, making it a sought-after address in Deira.

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Detailed Buiding Insights

1. Family Friendliness

The Centre Residence offers a variety of family-friendly amenities, including playgrounds, proximity to schools, and spacious accommodations that cater to families of all sizes.

Exceptionally Welcoming

2. Living Options

With a range of apartments from studios to multi-bedroom units, the living options are versatile and suitable for different lifestyles and family structures.

Broadly Diverse

3. Safety And Security

The community features 24/7 security personnel, CCTV surveillance, and secured access points, making it one of the safest living environments in Deira.

Remarkably Secure

4. Transportation

The Centre Residence is well-connected to public transport, with easy access to metro stations and major roads, facilitating smooth commuting options for residents.

Highly Convenient

5. Amenities And Facilities

Residents enjoy a wealth of amenities including a swimming pool, gym, communal gardens, and nearby shopping centers that enhance daily living experiences.

Richly Equipped

6. Cost Of Living

While rental prices are competitive for the area, the quality of amenities and living spaces provides good value, making it affordable for families and professionals alike.

Relatively Balanced

7. Things To Do

An array of dining options, cultural sites, and recreational activities within walking distance ensures that residents have numerous choices for entertainment and leisure.

Vibrantly Diverse

8. Noise Levels

Despite being in a bustling district, the design of the residence minimizes noise, creating a tranquil living environment for residents.

Generally Peaceful

9. Pet Friendliness

The community welcomes pets and offers facilities like dog parks, making it an attractive option for pet owners looking for a friendly atmosphere.

Warmly Accommodating

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Key Information

Developer: Asteco Real Estate

Building Type: Residential

Unit Types : Studio, 1, 2 and 3-bedroom apartments

Floors: 6

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

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