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Muraba Residences, Palm Jumeirah

Muraba Residences, Palm Jumeirah

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Strengths

Stunning Design

Prime Location

Luxurious Amenities

Weakens

High Price Point

Limited Community Facilities

Traffic Congestion

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Description

Muraba Residences, Palm Jumeirah

Real Estate Overview

Building Overview

  • Muraba Residences is an exclusive residential development located on the iconic Palm Jumeirah, offering breathtaking views of the Arabian Gulf.
  • The building features contemporary architecture, designed to harmoniously blend modern living with luxurious aesthetics.
  • Nearby facilities include high-end shopping outlets, fine dining options, and entertainment venues that enhance the lifestyle of residents.
  • The property is in proximity to Dubai Marina and Sheikh Zayed Road, providing easy access to the broader city and its attractions.

Properties Overview

  • The residences range from spacious 1-bedroom to luxurious 5-bedroom apartments, accommodating a variety of living preferences.
  • Rental prices start around AED 120,000 per annum for 1-bedroom units, while sales prices can reach up to AED 25 million for penthouse properties.
  • Popular units feature floor-to-ceiling windows showcasing scenic views, premium finishes, and smart home technologies.

Market Trends

  • In the past year, the rental market in Palm Jumeirah has shown a steady increase, with demand for luxury properties on the rise.
  • Historically, property values in the area have demonstrated resilience, with an average ROI for investors around 5-7%.
  • Expectations for the future indicate continued interest in luxury properties, partly driven by Dubai's strong tourism sector and economic growth.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy easy access to various supermarkets, prestigious schools, and healthcare facilities, including clinics and hospitals.
  • Nearby educational institutions provide reputable curriculums for families, contributing to the family-friendly environment.

Transportation and Accessibility

  • Public transportation options, such as the Palm Monorail, ensure seamless connectivity to key areas in Dubai.
  • Ample parking spaces are available for residents, facilitating access to private vehicles and enhancing overall mobility.

Lifestyle Amenities

  • Muraba Residences includes top-notch facilities like a state-of-the-art gym, spa, landscaped gardens, and swimming pools.
  • Residents can indulge in fine dining and leisure activities at nearby hotels and restaurants, enriching their lifestyle experience.

Builing Facilities

  • The building is equipped with high-speed elevators, round-the-clock security, and central air conditioning for optimal comfort.
  • Dedicated maintenance services ensure that all facilities are always in peak condition, providing peace of mind to residents.

Special Services

  • Exclusive concierge services are available to assist with daily needs, reservations, and personalized requests.
  • Business centers within the property cater to professionals seeking a workspace, enhancing convenience for residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • Muraba Residences offers a variety of floor plans, ranging from functional studios to spacious multi-bedroom apartments, catering to different lifestyles.
  • The architectural design focuses on maximizing natural light and views, ensuring each residence feels expansive and inviting.

Things to Consider

  • Prospective tenants and buyers should consider factors such as budget, property layout, and proximity to amenities before making a decision.
  • Assessing the community vibe and future development in the area can also influence quality of life and investment potential.

Useful FAQs and Support

Events and Building Life

Building Events

  • Muraba Residences hosts regular community events, fostering a sense of camaraderie among residents and enhancing building life.
  • Social gatherings, workshops, and wellness activities are organized to promote wellness and community engagement.

Community Identity

  • The building stands out due to its innovative architectural style and commitment to sustainability and green living.
  • Cultural activities and local art installations further enrich the living experience, connecting residents to the vibrant culture of Dubai.

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Detailed Buiding Insights

1. Family Friendliness

Muraba Residences offers spacious apartments and family-oriented amenities, making it ideal for families seeking a comfortable living environment.

Exceptionally Welcoming

2. Living Options

The community offers a diverse array of living options, from luxurious beachfront apartments to larger family units, catering to different lifestyles and needs.

Broadly Diverse

3. Safety And Security

Muraba Residences features state-of-the-art security systems, including 24/7 surveillance and on-site security personnel, ensuring residents feel safe and secure.

Remarkably Secure

4. Transportation

The community is conveniently located near major transport routes, though public transportation options are somewhat limited, requiring reliance on cars.

Moderately Convenient

5. Amenities And Facilities

Residents benefit from high-end amenities including a pool, fitness center, and direct beach access, making Muraba Residences a well-facilitated community.

Richly Equipped

6. Cost Of Living

While the cost of living is on the higher end due to luxury offerings, it remains competitive compared to other upscale communities in Palm Jumeirah.

Relatively Balanced

7. Things To Do

Muraba Residences is surrounded by a variety of entertainment options, dining establishments, and cultural attractions, providing plenty of activities for residents.

Vibrantly Diverse

8. Noise Levels

The location offers a tranquil environment, with beachside living minimizing noise from busy streets, though some noise can be expected during peak tourist seasons.

Generally Peaceful

9. Pet Friendliness

Pets are welcomed in the community, with pet-friendly amenities and policies in place that encourage a pet-friendly lifestyle for residents.

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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Local Information

Buy:

224.3K AED - 343.8K AED

Rent:

21.1K AED - 32K AED

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