The Residences at Business Central, Business Bay

Business Bay, Dubai

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Strengths

Prime Location

Modern Amenities

High-Quality Construction

Weakens

High Maintenance Costs

Traffic Congestion

Limited Parking

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Strengths

Prime Location

Located in the heart of Business Bay, providing easy access to major business and recreational areas.

Modern Amenities

Offers state-of-the-art facilities including a gym, swimming pool, and landscaped gardens.

High-Quality Construction

Built with high-quality materials and finishes, ensuring durability and aesthetic appeal.

Weaknesses

High Maintenance Costs

Monthly maintenance fees can be higher than average for residents.

Traffic Congestion

Can experience significant traffic during peak hours, affecting commute times.

Limited Parking

Insufficient parking space for residents and visitors during busy times.

Considerations

Proximity to Public Transport

Evaluate the ease of access to metro stations and bus services nearby.

Future Development Plans

Consider upcoming projects in the area which may affect property value.

Community Regulations

Be aware of any community rules and regulations that may affect lifestyle.

Buildign Overview

Summary

The Residences at Business Central is a premier residential development located in the heart of Business Bay, Dubai.
This modern building offers proximity to key amenities including shopping malls, cafes, and renowned restaurants.
Accessibility is excellent, with nearby public transportation options including metro stations and bus services.
Local attractions such as Burj Khalifa, The Dubai Mall, and the Dubai Fountain enhance the appeal of the location.

Properties Overview

The building features a diverse range of units including 1, 2, and 3-bedroom apartments.
Current rental prices start from approximately AED 75,000 per year, with sales prices averaging AED 1.2 million for 1-bedroom units.
The spacious apartments are equipped with modern fittings and offer stunning views of the surrounding skyline.

Market Trends

Rental trends indicate a steady increase, with demand for units in Business Bay rising by 5% over the past year.
Sales prices have seen moderate growth, making it a viable option for both investors and homebuyers.
The expected return on investment (ROI) for buyers in this area is approximately 7-8%, based on current rental yields.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents benefit from proximity to essential services including supermarkets, schools, and healthcare facilities.
Notable schools in the vicinity include the International School of Choueifat and GEMS Wellington Academy.
Healthcare services are conveniently located, with several clinics and hospitals just a short drive away.

Transportation and Accessibility

Public transport options are abundant, including metro stations within walking distance and extensive bus networks.
The strategic location facilitates easy access to major highways, connecting residents to other parts of Dubai.

Lifestyle Amenities

The Residences come equipped with fitness centers, swimming pools, and recreational areas.
Residents can enjoy a variety of dining options, ranging from casual cafes to upscale restaurants and fine dining establishments.
Nearby parks and waterfront promenades offer outdoor activities for families and individuals alike.

Builing Facilities

Key facilities include high-speed elevators, 24/7 security services, and centralized air conditioning.
Maintenance services are readily available to ensure a well-maintained living environment.

Special Services

The building offers concierge services to assist residents with daily needs and inquiries.
Additional amenities include conference and meeting rooms for business-related activities.

Planning Your Move or Investment

Floor Plans and Property Types

Various floor plans are available, catering to different living styles from compact apartments to spacious family layouts.
Each unit is designed to optimize space utilization and comfort.

Things to Consider

Consider the costs of utilities, service charges, and nearby amenities when renting or purchasing.
Evaluate your commuting needs, especially if you work in business hubs or require access to public transport.

Useful FAQs and Support

Events and Building Life

Building Events

The Residences frequently host community events and social gatherings, fostering a vibrant community spirit among residents.
Regular activities may include fitness classes, holiday celebrations, and networking opportunities.

Community Identity

The building is distinguished by its contemporary architecture and eco-friendly initiatives.
It represents a modern lifestyle that integrates luxury living with urban convenience, making it a sought-after address in Dubai.

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Detailed Buiding Insights

1. Family Friendliness

The community provides a variety of family-oriented activities and facilities, including parks and play areas, making it suitable for families with children.

Moderately Welcoming

2. Living Options

There are multiple living options available, including spacious apartments and penthouses, catering to different needs and budgets.

Varied Selection

3. Safety And Security

The community is equipped with 24/7 security personnel, CCTV surveillance, and controlled access, ensuring residents feel safe and secure.

Highly Secure

4. Transportation

Public transportation options are readily available, along with easy access to major roadways, which provides residents with convenient commuting options.

Conveniently Accessible

5. Amenities And Facilities

Residents can enjoy a range of amenities, including a swimming pool, gym, and recreational areas, enhancing overall living experience.

Richly Equipped

6. Cost Of Living

While the cost of living is slightly higher compared to other areas, it is justified by the quality of services and amenities available.

Relatively Moderate

7. Things To Do

The community is close to several entertainment options, dining establishments, and cultural venues, offering a variety of leisure activities.

Diverse Activities

8. Noise Levels

Despite being in a bustling area, the design of the residences and surrounding environment helps maintain a peaceful living atmosphere.

Generally Quiet

9. Pet Friendliness

The community includes pet-friendly policies, parks, and facilities, making it a good option for pet owners.

Welcoming to Pets

Schools

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Key Information

Developer: DAMAC Properties

Building Type: Residential

Building Age: 11 years(Date of completion: 2013)

Unit Types : 1, 2 and 3-bedroom apartments

Floors: 23

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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