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The Residence 6, Downtown Dubai

The Residence 6, Downtown Dubai

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Downtown Dubai, Dubai

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Strengths

Prime Location

Luxury Amenities

Stylish Design

Weakens

High Maintenance Fees

Limited Parking Spaces

Noise Levels

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Buildign Overview

Summary

  • The Residence 6 is a premier residential building located in the vibrant Downtown Dubai area.
  • It is renowned for its proximity to iconic landmarks such as the Burj Khalifa, Dubai Mall, and Dubai Fountain.
  • This high-rise structure features stunning architecture and offers breathtaking views of the urban skyline.
  • Accessibility is enhanced by nearby metro stations and major roads, making it easy to navigate the city.

Properties Overview

  • The building offers a range of properties for both sale and rent, catering to diverse preferences and budgets.
  • Popular units include spacious 1, 2, and 3-bedroom apartments, designed with modern finishes and amenities.
  • Rental prices in The Residence 6 typically range from AED 80,000 to AED 250,000 annually, depending on the size and layout.
  • For buyers, the average sale prices are between AED 1.5 million and AED 4 million.

Market Trends

  • In the past year, rental demand in Downtown Dubai has remained strong, with an average annual increase of 5-10%.
  • Sales prices have shown a positive trend, with a year-on-year increase of approximately 7%.
  • Buyers can expect a solid return on investment (ROI) of around 5-7%, appealing for long-term investing.
  • The real estate market in Downtown Dubai is forecasted to continue growing, supported by ongoing developments and infrastructural improvements.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to diverse amenities, including supermarkets, international schools, and healthcare facilities.
  • Nearby hospitals include Mediclinic, Dubai Healthcare City, and various clinics, ensuring quality healthcare options.

Transportation and Accessibility

  • Public transportation is easily accessible, with the Dubai Metro just a few minutes away.
  • Extensive parking facilities are available for residents and guests, enhancing overall accessibility.

Lifestyle Amenities

  • The building is equipped with luxurious lifestyle amenities such as a state-of-the-art gym, swimming pool, and wellness center.
  • Residents can enjoy a range of dining options, with nearby restaurants featuring international cuisines.
  • Outdoor spaces and parks nearby provide opportunities for recreational activities and relaxation.

Builing Facilities

  • Facilities include high-speed elevators, 24/7 security services, and central air conditioning.
  • Regular maintenance services ensure the building remains in excellent condition for residents.

Special Services

  • The Residence 6 provides a concierge service to assist residents with bookings and inquiries.
  • Additional amenities include a business center for professional needs and guest services for visiting friends and family.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of layout options is available, including open-plan designs and cozy family-oriented units.
  • Potential buyers and renters can find different configurations that best suit their lifestyle requirements.

Things to Consider

  • Evaluate proximity to workplaces, schools, and essential services before deciding.
  • Consider the building's community vibe and amenities offered when choosing your home.

Useful FAQs and Support

Events and Building Life

Building Events

  • The Residence 6 hosts regular community events and social gatherings, fostering a friendly atmosphere.
  • These events include holiday celebrations and networking opportunities, enhancing the residential experience.

Community Identity

  • What sets The Residence 6 apart is its blend of luxury living with a vibrant urban lifestyle.
  • Cultural events and recreational activities mark the building’s unique identity, creating a lively community feel.

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Detailed Buiding Insights

1. Family Friendliness

The community offers numerous family-oriented amenities, including parks, recreational areas, and children's play zones. Many activities are planned throughout the year, creating a family-friendly atmosphere.

Exceptionally Welcoming

2. Living Options

The Residence 6 features a variety of living options, including spacious apartments and penthouses with modern layouts. There is a good mix of one, two, and three-bedroom units catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The building is equipped with advanced security systems, including 24/7 surveillance and secure access controls. Residents feel safe and secure in their homes, contributing to a peaceful living experience.

Remarkably Secure

4. Transportation

The Residence 6 is located in close proximity to major roadways and metro stations, providing easy access to public transportation and reducing commuting time. The availability of taxis and rideshare options further enhances convenience.

Highly Convenient

5. Amenities And Facilities

Residents enjoy a range of top-tier amenities, including a fitness center, swimming pool, and communal lounges. The presence of nearby shops, cafes, and restaurants adds to the overall convenience of the location.

Richly Equipped

6. Cost Of Living

While the cost of living is higher compared to other areas of Dubai, it is justified by the quality of life and amenities available. Many view the investment as worthwhile given the luxurious offerings and prime location.

Relatively Balanced

7. Things To Do

With numerous cultural, dining, and entertainment options available nearby, residents have access to a dynamic lifestyle. Regular events and activities in Downtown Dubai further enrich the community's vibrancy.

Vibrantly Diverse

8. Noise Levels

Despite its central location, the area tends to be quieter than expected, with effective sound insulation in residences and landscaped areas that provide a serene environment for families and individuals.

Generally Peaceful

9. Pet Friendliness

The community is welcoming to pets, offering green spaces and areas specifically designed for walking pets. Local regulations support pet ownership, making it easy for residents to have pets while enjoying their living space.

Warmly Accommodating

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Key Information

Developer:  Emaar Properties

Building Type: Residential

Building Age: 17 years(Date of completion: 2007)

Unit Types : 1, 2 and 3-bedroom apartments, penthouses and villas

Floors: 35

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

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