District Dubai Residence Complex
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Dubai Residence Complex: Detailed Area Analysis
1. Location and History
2. Attractions
3. Beach Leisure
4. Infrastructure and Living Amenities
5. Development of Residential Complexes and Real Estate
6. Popular Residential Complexes
7. Real Estate Properties
8. Transportation Accessibility
9. Investment Opportunities
10. Property Acquisition
2. Attractions
3. Beach Leisure
4. Infrastructure and Living Amenities
5. Development of Residential Complexes and Real Estate
6. Popular Residential Complexes
7. Real Estate Properties
8. Transportation Accessibility
9. Investment Opportunities
10. Property Acquisition
1. Location and History
Dubai Residence Complex is located in one of Dubai’s most prestigious neighborhoods, Dubai Marina. This area covers an area of about 21 square kilometers and stretches along the coast of the Persian Gulf. The history of Dubai Residence Complex began in the early 2000s, when Dubai was actively expanding its residential infrastructure to meet the growing demand for quality housing among residents and expats. The complex was officially opened in 2005 and has since become one of the key real estate developments in the Dubai Marina area.
2. Attractions
Dubai Residence Complex is surrounded by many attractions that make it an attractive place to live and invest:
– Dubai Marina Mall: A shopping mall of over 35,000 square meters with over 140 stores, restaurants and entertainment venues.
– The Walk at JBR: A popular 1.7 kilometer long pedestrian street known for its boutiques, cafes and beach clubs.
– Ain Dubai: The largest Ferris wheel in the world, located on Bluewaters Island, just a short walk from the complex.
– Dubai Marina Yacht Club: One of the largest yacht clubs in the region, offering yacht charter and maintenance services.
– Dubai Marina Mall: A shopping mall of over 35,000 square meters with over 140 stores, restaurants and entertainment venues.
– The Walk at JBR: A popular 1.7 kilometer long pedestrian street known for its boutiques, cafes and beach clubs.
– Ain Dubai: The largest Ferris wheel in the world, located on Bluewaters Island, just a short walk from the complex.
– Dubai Marina Yacht Club: One of the largest yacht clubs in the region, offering yacht charter and maintenance services.
3. Beach Recreation
Dubai Residence Complex has close proximity to several famous beaches in Dubai:
– Jumeirah Beach Residence (JBR) Beach: About 1.7 kilometers long, this beach offers clean sand, crystal clear water and plenty of water activities.
– Kite Beach: Located about 10 minutes from the complex, Kite Beach is known for its kitesurfing facilities and cozy cafes.
– Leisure Beach: Offers a tranquil atmosphere and family-friendly facilities including playgrounds and picnic areas.
– Jumeirah Beach Residence (JBR) Beach: About 1.7 kilometers long, this beach offers clean sand, crystal clear water and plenty of water activities.
– Kite Beach: Located about 10 minutes from the complex, Kite Beach is known for its kitesurfing facilities and cozy cafes.
– Leisure Beach: Offers a tranquil atmosphere and family-friendly facilities including playgrounds and picnic areas.
4. Infrastructure and Living Amenities
Dubai Residence Complex offers a wide range of infrastructural facilities and amenities for comfortable living:
– Public areas: Green parks, playgrounds and walking paths provide a conducive environment for recreation and active lifestyles.
– Sports Facilities: State-of-the-art fitness centers, swimming pools, tennis courts and bike paths are available to all residents.
– Medical Services: Several clinics and medical centers are located in the area, including Health Bay Medical Clinic and American Hospital Dubai.
– Educational Institutions: Prestigious schools and kindergartens such as Jumeirah English Speaking School (JESS) and Dubai International School are located near the complex.
– Security: 24-hour security, CCTV and access control systems ensure a high level of security for all residents.
– Public areas: Green parks, playgrounds and walking paths provide a conducive environment for recreation and active lifestyles.
– Sports Facilities: State-of-the-art fitness centers, swimming pools, tennis courts and bike paths are available to all residents.
– Medical Services: Several clinics and medical centers are located in the area, including Health Bay Medical Clinic and American Hospital Dubai.
– Educational Institutions: Prestigious schools and kindergartens such as Jumeirah English Speaking School (JESS) and Dubai International School are located near the complex.
– Security: 24-hour security, CCTV and access control systems ensure a high level of security for all residents.
5. Residential and real estate development
Dubai Residence Complex has undergone significant development in recent years due to the steady increase in demand for luxury real estate in Dubai Marina. To date, more than 50 residential buildings have been constructed in the complex, including both high-end apartments and luxury penthouses. The total residential area of the complex exceeds 500,000 square meters, making it one of the largest residential projects in the area.
6. Popular Residential Complexes
Dubai Residence Complex features a variety of residential projects, each with unique characteristics:
– Marina Gate Apartments: One of the tallest residential complexes in Dubai Marina, standing 331 meters tall and 72 floors. Includes 279 apartments with panoramic views of the city and the bay.
– The Torch: A classic skyscraper with 34 floors offering 700 apartments in a variety of layouts including studios, one-bedroom and two-bedroom apartments.
– Princess Tower: The tallest residential skyscraper in the world at the time of completion, it has 101 floors and offers luxury apartments with modern amenities.
– Cayan Tower: Known for its unique spiral architecture, has 75 floors and offers exclusive apartments with breathtaking views.
– Marina Gate Apartments: One of the tallest residential complexes in Dubai Marina, standing 331 meters tall and 72 floors. Includes 279 apartments with panoramic views of the city and the bay.
– The Torch: A classic skyscraper with 34 floors offering 700 apartments in a variety of layouts including studios, one-bedroom and two-bedroom apartments.
– Princess Tower: The tallest residential skyscraper in the world at the time of completion, it has 101 floors and offers luxury apartments with modern amenities.
– Cayan Tower: Known for its unique spiral architecture, has 75 floors and offers exclusive apartments with breathtaking views.
7. Real Estate Facilities
Dubai Residence Complex offers a variety of property types to suit the needs of different categories of buyers and tenants:
– Apartments: Studios ranging from 400 square feet to multi-bedroom apartments up to 2,500 square feet.
– Penthouses: Spacious residences ranging from 3,500 to 5,000 square feet, often with private terraces and pools.
– Villas: Exclusive private homes with 4,000 to 6,000 square feet of living space, often with private gardens and park areas.
– Office Space: Modern commercial spaces for businesses of all sizes, equipped with state-of-the-art technology.
– Commercial Space: Small to medium sized commercial spaces ideal for retail and restaurant businesses.
Property prices vary depending on the type and location of the property. The average cost per square meter of an apartment is around 12,000 AED (approximately 3,270 USD), while penthouses can cost from 25,000 AED per square meter and up.
– Apartments: Studios ranging from 400 square feet to multi-bedroom apartments up to 2,500 square feet.
– Penthouses: Spacious residences ranging from 3,500 to 5,000 square feet, often with private terraces and pools.
– Villas: Exclusive private homes with 4,000 to 6,000 square feet of living space, often with private gardens and park areas.
– Office Space: Modern commercial spaces for businesses of all sizes, equipped with state-of-the-art technology.
– Commercial Space: Small to medium sized commercial spaces ideal for retail and restaurant businesses.
Property prices vary depending on the type and location of the property. The average cost per square meter of an apartment is around 12,000 AED (approximately 3,270 USD), while penthouses can cost from 25,000 AED per square meter and up.
8. Transportation Accessibility
Dubai Residence Complex has excellent transportation accessibility, providing easy access to major parts of the city:
– Metro: The nearest metro station is Dubai Marina Station, located 500 meters from the complex. The Red Line connects the area to other key areas of the city.
– Car: The complex is located in close proximity to Sheikh Zayed Road, one of Dubai’s main thoroughfares, which provides quick access to the business center and the international airport.
– Water transportation: Dubai Marina Mall offers connections to passenger ships running between different parts of the marina, including Dubai Marina Yacht Club and Pier 7.
– Buses and Taxis: A well-developed network of bus routes and cab availability make it easy to get around the city.
– Metro: The nearest metro station is Dubai Marina Station, located 500 meters from the complex. The Red Line connects the area to other key areas of the city.
– Car: The complex is located in close proximity to Sheikh Zayed Road, one of Dubai’s main thoroughfares, which provides quick access to the business center and the international airport.
– Water transportation: Dubai Marina Mall offers connections to passenger ships running between different parts of the marina, including Dubai Marina Yacht Club and Pier 7.
– Buses and Taxis: A well-developed network of bus routes and cab availability make it easy to get around the city.
9. Investor Opportunities
Dubai Residence Complex provides rich opportunities for investors due to the following factors:
– High rental demand: Due to its attractive location and developed infrastructure, the rental occupancy rate exceeds 90%, providing stable rental income.
– Rising property values: Over the past five years, property values in Dubai Marina have risen by an average of 7% annually.
– Tax advantages: In the UAE there are no taxes on real estate and rental income, which makes the investment particularly attractive.
– Infrastructure development: Ongoing investment in the transportation network and public facilities adds to the value of real estate in the complex.
– Neighborhood prestige: Dubai Marina is considered one of the most prestigious and safe neighborhoods for living and business in Dubai, attracting investors from all over the world.
– High rental demand: Due to its attractive location and developed infrastructure, the rental occupancy rate exceeds 90%, providing stable rental income.
– Rising property values: Over the past five years, property values in Dubai Marina have risen by an average of 7% annually.
– Tax advantages: In the UAE there are no taxes on real estate and rental income, which makes the investment particularly attractive.
– Infrastructure development: Ongoing investment in the transportation network and public facilities adds to the value of real estate in the complex.
– Neighborhood prestige: Dubai Marina is considered one of the most prestigious and safe neighborhoods for living and business in Dubai, attracting investors from all over the world.
10. Property Acquisition
The process of acquiring a property in Dubai Residence Complex involves several key steps:
1. Property Selection: Analyzing the market and selecting the right property based on budget, preferences for property type and location within the complex.
2. Due Diligence: Contacting licensed agents and lawyers to verify all documents and ensure the legality of the transaction.
3. Financing: Mortgage options from local banks with terms up to 75% of the property value and up to 25 years.
4. Conclusion of the transaction: Signing of the contract of sale and payment of a deposit, usually 10% of the value of the property.
5. Transfer of Title: Registering the property with Dubai Land Department and obtaining official title deeds.
6. After-sales services: Many developers and agencies offer property management services, including rental and maintenance services.
Foreign investors have the same rights as UAE nationals to purchase property in Dubai Residence Complex, which makes the complex attractive to international buyers. The purchase procedures are transparent and governed by strict laws, ensuring a safe and secure investment.
1. Property Selection: Analyzing the market and selecting the right property based on budget, preferences for property type and location within the complex.
2. Due Diligence: Contacting licensed agents and lawyers to verify all documents and ensure the legality of the transaction.
3. Financing: Mortgage options from local banks with terms up to 75% of the property value and up to 25 years.
4. Conclusion of the transaction: Signing of the contract of sale and payment of a deposit, usually 10% of the value of the property.
5. Transfer of Title: Registering the property with Dubai Land Department and obtaining official title deeds.
6. After-sales services: Many developers and agencies offer property management services, including rental and maintenance services.
Foreign investors have the same rights as UAE nationals to purchase property in Dubai Residence Complex, which makes the complex attractive to international buyers. The purchase procedures are transparent and governed by strict laws, ensuring a safe and secure investment.
Conclusion
Dubai Residence Complex is the perfect combination of luxury, comfort and convenient infrastructure in one of Dubai’s most dynamic neighborhoods, Dubai Marina. With its strategic location, variety of real estate offerings and attractive investment opportunities, the complex is becoming one of the most sought-after places to live and do business. Whether you are an investor, looking for a family home or a modern residence for living, Dubai Residence Complex offers all the necessary conditions for successful and comfortable living in the heart of Dubai.
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