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Terraced Apartments, Motor City

Terraced Apartments, Motor City

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Strengths

Spacious Living Areas

Modern Amenities

Prime Location

Weakens

Limited Parking

Noise Levels

High Rental Costs

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Description

Terraced Apartments, Motor City

Real Estate Overview

Building Overview

  • Terraced Apartments is a modern residential complex located in the vibrant Motor City, known for its contemporary design and spacious layouts.
  • The building is conveniently situated near essential amenities, including shopping centers, schools, and public transportation hubs, making it an ideal choice for families and professionals alike.
  • In comparison, neighboring residential buildings such as the Urban Loft and City Heights offer similar amenities but vary in terms of design and price point.

Properties Overview

  • Currently, the Terraced Apartments feature a range of properties for both rental and sale, with one-bedroom apartments being particularly popular among renters.
  • Rental prices for one-bedroom units typically start at around AED 60,000 annually, while two-bedroom units are available for purchase at prices from AED 1.2 million.

Market Trends

  • Over the past year, the real estate market in Motor City has shown consistent growth, with rental prices experiencing a 5% increase and property sales up by 7%.
  • Future expectations indicate continued demand, driven by urban development and an influx of new residents looking for well-connected living spaces.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to major supermarkets, educational institutions, and healthcare facilities, including pharmacies and clinics, ensuring all essential services are readily available.

Transportation and Accessibility

  • The location boasts excellent public transportation options, including bus and metro services, along with ample parking for residents and visitors, enhancing accessibility throughout the city.

Lifestyle Amenities

  • Terraced Apartments also provide a variety of lifestyle amenities, including fitness centers, cafes, restaurants, and nearby parks ideal for leisure and outdoor activities.

Builing Facilities

  • Key facilities within the building include high-speed elevators, state-of-the-art security systems, centralized air conditioning, and dedicated maintenance services to ensure a comfortable living environment.

Special Services

  • Residents have access to premium services such as a concierge, guest management services, and business center facilities, catering to a modern urban lifestyle.

Planning Your Move or Investment

Floor Plans and Property Types

  • The Terraced Apartments offer a variety of floor plans from cozy studios to spacious three-bedroom apartments, accommodating diverse lifestyle needs.

Things to Consider

  • Potential renters and buyers should consider factors like proximity to essential services, community vibe, and personal budget when researching the options available.

Useful FAQs and Support

Events and Building Life

Building Events

  • Terraced Apartments host regular community events and social gatherings, fostering a sense of camaraderie among residents and enhancing the living experience.

Community Identity

  • The building is recognized for its unique architectural style and eco-friendly design, setting it apart as a premier residential destination in Motor City.

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Detailed Buiding Insights

1. Family Friendliness

The Terraced Apartments have ample space for families, with playgrounds nearby and a strong community atmosphere that encourages interactions among residents.

Exceptionally Welcoming

2. Living Options

The community offers a variety of apartment sizes and layouts catering to different family sizes and individual preferences, making it suitable for diverse living arrangements.

Broadly Diverse

3. Safety And Security

The area features 24/7 security and surveillance systems, which contribute to a low crime rate and high sense of safety among residents.

Remarkably Secure

4. Transportation

Although public transport options are available, some residents find access to major routes slightly limited; however, overall commute times remain manageable.

Moderately Convenient

5. Amenities And Facilities

Terraced Apartments boast plenty of amenities, including a well-maintained gym, swimming pool, and communal areas for residents, making it a well-rounded living space.

Richly Equipped

6. Cost Of Living

While the rent reflects the quality of amenities, it remains competitive compared to similar developments in the area, striking a balance for most budgets.

Relatively Balanced

7. Things To Do

Residents can enjoy a range of activities, from local parks to cultural events and dining options, enhancing community life and engagement.

Vibrantly Diverse

8. Noise Levels

The community is largely residential and quiet, with minimal noise disturbances, making it suitable for families and those seeking tranquility.

Generally Peaceful

9. Pet Friendliness

The community has pet-friendly policies and ample green spaces, making it an ideal choice for pet owners looking for a welcoming environment.

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:

289.2K AED - 307.6K AED

Rent:

22K AED - 33.6K AED

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