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Yansoon 3, Old Town

Yansoon 3, Old Town

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Old Town, Dubai

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Strengths

Strategic Location

Modern Facilities

Strong Community

Weakens

Higher Rental Costs

Limited Parking

Noise Levels

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Buildign Overview

Summary

  • Yansoon 3 is a prestigious residential building situated in the vibrant Old Town district. It offers a mix of traditional architecture and modern living.
  • The area is well-connected with various public transportation options, including buses and tram services, providing easy access to major attractions.
  • Nearby landmarks include the iconic Burj Khalifa, Dubai Mall, and a variety of cultural hotspots, enhancing the community's appeal.

Properties Overview

  • Yansoon 3 features a variety of residential units ranging from one to three-bedroom apartments, designed to cater to various lifestyles.
  • Currently, rental prices in Yansoon 3 fluctuate between AED 85,000 to AED 150,000 per year, depending on the unit size and amenities.
  • For buyers, the sales prices of units typically range from AED 1.4 million to AED 2.5 million, making it an attractive investment opportunity.

Market Trends

  • Over the past year, rental rates in the Old Town area have shown a steady increase of 5%, reflecting the growing demand for premium living spaces.
  • Sales in Yansoon 3 have seen an ROI of approximately 6%, with expectations for further growth as the area continues to develop.
  • Future projections suggest ongoing demand, particularly from expatriates seeking quality housing in the heart of Dubai.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy easy access to essential services including supermarkets, schools, and healthcare facilities such as hospitals and private clinics.
  • Reputable educational institutions are located nearby, making it a convenient location for families.

Transportation and Accessibility

  • Excellent public transport connectivity is available, with bus stops and tram stations within walking distance.
  • The building also offers secure parking facilities, ideal for residents with vehicles, along with bike storage options.

Lifestyle Amenities

  • Yansoon 3 is surrounded by a variety of lifestyle amenities, including fitness centers, cafes, and fine dining restaurants.
  • Outdoor activities are readily accessible, with parks and walking paths designed for leisure and recreation.

Builing Facilities

  • The building is equipped with modern amenities such as high-speed elevators, 24/7 security surveillance, and central air conditioning.
  • Comprehensive maintenance services ensure a hassle-free living experience for all residents.

Special Services

  • Exclusive services are available, including concierge assistance to cater to residents' needs.
  • On-site guest facilities and business centers provide conveniences for both residents and visitors.

Planning Your Move or Investment

Floor Plans and Property Types

  • A diverse selection of floor plans is offered, ensuring options for singles, couples, and families looking for rental or ownership opportunities.

Things to Consider

  • Prospective tenants and buyers should consider factors such as proximity to workplaces, community features, and long-term investment potential.

Useful FAQs and Support

Events and Building Life

Building Events

  • Yansoon 3 hosts regular community events and gatherings, fostering a strong social atmosphere among residents.

Community Identity

  • The building is known for its unique blend of cultural heritage and modern luxury, making it a standout choice in the Old Town residential market.

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Detailed Buiding Insights

1. Family Friendliness

Yansoon 3 offers a friendly atmosphere with parks, playgrounds, and family-centric events, making it ideal for families.

Exceptionally Welcoming

2. Living Options

The community features a variety of living options, including spacious apartments and townhouses that cater to different preferences and budgets.

Broadly Diverse

3. Safety And Security

Yansoon 3 has a low crime rate and is well patrolled, providing a safe environment for residents.

Remarkably Secure

4. Transportation

While public transportation options are available, some residents find that the frequency could be improved, but major roads are easily accessible.

Moderately Convenient

5. Amenities And Facilities

The community boasts several amenities, including swimming pools, gyms, and recreational areas, making it a comfortable living space.

Richly Equipped

6. Cost Of Living

Overall, the cost of living is moderate compared to other nearby areas; residents often find it to be a fair trade-off for the quality of life.

Relatively Balanced

7. Things To Do

The area offers a rich selection of cultural experiences, dining options, and leisure activities, ensuring there’s always something to explore.

Vibrantly Diverse

8. Noise Levels

While some noise from nearby attractions can be heard, the majority of areas in Yansoon 3 are serene and quiet, particularly in residential quarters.

Generally Peaceful

9. Pet Friendliness

Many apartments are pet-friendly, and there are several parks and walking paths, making it a great choice for pet owners.

Warmly Accommodating

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Key Information

Developer: Emaar Properties

Building Type: Residential

Unit Types : 1, 2 and 3-bedroom apartments

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

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