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The Hive, Dubai Studio City

The Hive, Dubai Studio City

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Dubai Studio City, Dubai

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Strengths

Innovative design

Strategic location

Community amenities

Weakens

Limited parking space

Noise levels

Higher rental costs

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Buildign Overview

Summary

  • The Hive is a contemporary mixed-use development located in the vibrant Dubai Studio City, designed to cater to both residential and commercial needs.
  • This strategic location enjoys proximity to major highways and public transport, making it easily accessible.
  • Nearby facilities include shopping centers, dining options, entertainment venues, and educational institutions, enhancing the appeal of living in The Hive.
  • With its modern design and amenities, The Hive stands out among neighboring developments.

Properties Overview

  • The development features a range of residential units from studios to multi-bedroom apartments, suitable for various lifestyles.
  • Rental rates typically range from AED 40,000 to AED 110,000 annually, making it an attractive option for renters.
  • Properties for sale vary, with prices starting around AED 500,000, appealing to both first-time buyers and seasoned investors.
  • The Hive also includes commercial spaces for businesses, further diversifying available real estate options.

Market Trends

  • In the past year, rental prices in Dubai Studio City have shown steady growth, reflecting increased demand for quality housing.
  • Sales data indicates a positive trend, with properties in The Hive witnessing a 5% increase in value over the last year.
  • Investors can expect a promising return on investment (ROI), particularly in a dynamic market like Dubai, with average returns around 6-7%.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The Hive is conveniently located near several supermarkets, educational institutions, and healthcare facilities, including hospitals and clinics, ensuring residents' needs are met.

Transportation and Accessibility

  • Excellent public transportation links, including metro stations and bus services, provide easy commuting options.
  • Ample parking spaces are available for residents and visitors, enhancing accessibility.

Lifestyle Amenities

  • Residents can enjoy a variety of lifestyle amenities such as fully-equipped gyms, swimming pools, cafes, and restaurants.
  • The nearby Dubai Studio City features multiple parks and recreational areas for outdoor activities and relaxation.

Builing Facilities

  • The Hive is equipped with modern facilities, including high-speed elevators, 24/7 security, and central air conditioning, ensuring comfort and safety for all residents.
  • Maintenance services are readily available to address any issues that may arise.

Special Services

  • Unique amenities like concierge services and business centers help facilitate a comfortable living and working environment.
  • Dedicated guest services cater to visitors, adding an extra layer of convenience and hospitality.

Planning Your Move or Investment

Floor Plans and Property Types

  • The Hive offers a diverse selection of floor plans, accommodating various requirements from spacious family apartments to compact studio layouts.

Things to Consider

  • Consider your budget, lifestyle needs, and proximity to work or schools when evaluating a move.
  • Review building policies, maintenance fees, and community rules to make an informed decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events and social gatherings foster a sense of belonging among residents, promoting a vibrant building culture.

Community Identity

  • The Hive is defined by its modern architecture and a strong sense of community, making it a desirable place for both living and working.
  • Its central location and unique offerings contribute to a dynamic lifestyle, attracting artists, professionals, and families alike.

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Detailed Buiding Insights

1. Family Friendliness

The Hive is designed with families in mind, featuring playgrounds, parks, and community events that encourage family interactions.

Exceptionally Welcoming

2. Living Options

The community offers a wide range of housing options, including apartments and villas, catering to various preferences and budgets.

Broadly Diverse

3. Safety And Security

The area is monitored by security personnel and equipped with CCTV, providing residents with peace of mind regarding safety.

Remarkably Secure

4. Transportation

Well-connected by major roads and public transport, residents can easily reach other parts of Dubai, making commuting straightforward.

Conveniently Accessible

5. Amenities And Facilities

The Hive boasts a variety of amenities, including swimming pools, gyms, shops, and cafes, enhancing the convenience and lifestyle of residents.

Richly Equipped

6. Cost Of Living

While the cost of living is slightly above average for Dubai, the range of living options provides choices that can accommodate different budgets.

Relatively Balanced

7. Things To Do

With nearby attractions, including art galleries, parks, and entertainment centers, residents have a wealth of activities to choose from.

Vibrantly Diverse

8. Noise Levels

The area maintains a calm atmosphere, despite its urban setting, due to well-planned community spaces that buffer noise.

Generally Peaceful

9. Pet Friendliness

Many residents have pets, and the community features dog parks, making it a welcoming environment for pet owners.

Warmly Accommodating

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Key Information

Developer:  Select Properties

Building Type: Residential

Length: 200 apartments and 8 retail units on the ground floor

Unit Types : studios,1 and 2 bedroom units

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

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