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Marsa Plaza, Dubai Festival City

Marsa Plaza, Dubai Festival City

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Strengths

Modern Design

Prime Location

Spacious Amenities

Weakens

High Rental Prices

Limited Public Transportation

Occasional Noise Pollution

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Description

Marsa Plaza, Dubai Festival City

Real Estate Overview

Building Overview

  • Marsa Plaza is a prestigious residential development situated in the vibrant Dubai Festival City, known for its modern architecture and luxurious lifestyle.
  • The building is strategically located near major landmarks, shopping destinations, and recreational areas, adding significant appeal for residents.
  • Public transport options are readily available, with nearby bus stops and the Dubai Metro providing convenient connectivity to other parts of the city.

Properties Overview

  • Marsa Plaza offers a diverse range of properties, including spacious apartments and luxurious penthouses, catering to both renters and buyers.
  • Typical rental prices range from AED 80,000 to AED 150,000 per year, while sale prices for smaller units start at AED 1.2 million.
  • The most sought-after units typically feature panoramic views of the Dubai Creek and the city skyline, enhancing their marketability.

Market Trends

  • Over the past year, rental prices in Dubai Festival City have experienced a modest increase, reflecting a growing demand for high-quality accommodations.
  • Sales transactions have also seen a noticeable uptick, with projections indicating a stable real estate market in the coming years, driven by ongoing development in the area.
  • Investors can expect favorable returns on investment (ROI), estimated at around 6-7% for rental properties, due to the area's desirability.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Marsa Plaza is surrounded by numerous essential services, including supermarkets, schools, and clinics, ensuring a convenient lifestyle.
  • The building is within close proximity to multiple healthcare facilities, including hospitals and specialized clinics, providing peace of mind for residents.

Transportation and Accessibility

  • Excellent public transportation links, including the Dubai Metro and bus services, facilitate easy commuting throughout the city.
  • Ample parking space is available for residents, along with direct access to major roadways for those who prefer driving.

Lifestyle Amenities

  • Residents can enjoy state-of-the-art fitness centers, swimming pools, and landscaped gardens, promoting an active lifestyle.
  • An array of dining options is available nearby, ranging from casual eateries to upscale restaurants, enhancing the culinary experience.

Builing Facilities

  • Marsa Plaza boasts modern facilities, including high-speed elevators, 24/7 security services, and central air conditioning for optimal comfort.
  • Maintenance and management services are readily available, ensuring a hassle-free living experience for all residents.

Special Services

  • The building provides exclusive services, such as concierge assistance, guest services, and well-equipped business centers for working residents.
  • Unique amenities like a rooftop lounge and recreational spaces offer additional avenues for relaxation and socialization.

Planning Your Move or Investment

Floor Plans and Property Types

  • Marsa Plaza features a variety of thoughtfully designed floor plans, including studios, one, two, and three-bedroom units, accommodating diverse living needs.

Things to Consider

  • Potential tenants and buyers should assess factors such as budget, desired amenities, and proximity to work or school while making a decision.
  • Understanding the community's vibe and regulations is essential for maximizing satisfaction within the building.

Useful FAQs and Support

Events and Building Life

Building Events

  • Marsa Plaza hosts regular community events, ranging from seasonal celebrations to social mixers, fostering a vibrant residential atmosphere.
  • These gatherings are excellent opportunities for residents to connect, socialize, and build a sense of community.

Community Identity

  • With its modern design and strategic location, Marsa Plaza stands out as a hallmark of luxurious living in Dubai, often recognized for its commitment to quality and community.
  • The building reflects a blend of contemporary elegance and cultural vibrancy, making it a desirable address for both families and professionals.

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Detailed Buiding Insights

1. Family Friendliness

Marsa Plaza offers a variety of family-oriented amenities, such as spacious parks, children's play areas, and proximity to schools. Families feel safe and supported in this community.

Exceptionally Welcoming

2. Living Options

The community features a range of living options, from luxurious high-rise apartments to more affordable options, catering to various family sizes and budgets.

Broadly Diverse

3. Safety And Security

Marsa Plaza is equipped with 24/7 security, CCTV surveillance, and controlled access points, making it one of the safest places to live in Dubai.

Remarkably Secure

4. Transportation

While Marsa Plaza has good public transport options and is close to key highways, some residents note that peak hour traffic can be challenging.

Moderately Convenient

5. Amenities And Facilities

The community boasts numerous amenities including retail shops, dining options, fitness centers, and recreational facilities, contributing to a well-rounded lifestyle.

Richly Equipped

6. Cost Of Living

While living costs can be on the higher side, the variety of options available allows residents to find a balance that suits their budget.

Relatively Balanced

7. Things To Do

Marsa Plaza offers numerous activities including cultural events, shopping malls, restaurants, and proximity to the waterfront, providing ample entertainment for all ages.

Vibrantly Diverse

8. Noise Levels

Most residential areas within Marsa Plaza experience low noise levels, contributing to a calm living environment, although some areas near busy streets may experience occasional noise.

Generally Peaceful

9. Pet Friendliness

The community is known for its pet-friendly policies, with several parks and walking areas specifically designed for pet owners, enhancing the living experience for animal lovers.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

293.6K AED - 318.7K AED

Rent:

20.8K AED - 32.4K AED

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