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Lakeside Tower B, Dubai Production City

Lakeside Tower B, Dubai Production City

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Strengths

Scenic Waterfront Views

Modern Amenities

Strategic Location

Weakens

Limited Public Transport Options

Noise from Surrounding Construction

Higher Rental Prices

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Description

Lakeside Tower B, Dubai Production City

Real Estate Overview

Building Overview

  • Lakeside Tower B is a modern residential building located in Dubai Production City, surrounded by lush landscapes and water features.
  • This tower offers convenience with its proximity to essential services and commercial hubs, providing a harmonious blend of urban living and nature.
  • Nearby landmarks include the Dubai Sports City, Arabian Ranches, and a variety of shopping destinations, enhancing the overall appeal of the location.

Properties Overview

  • The building features a diverse range of properties for both rental and sale, appealing to various lifestyles and budgets.
  • Notable units include spacious studios and 1-2 bedroom apartments, with rental prices typically ranging from AED 30,000 to AED 70,000 annually.
  • Sales prices for residential units generally start from AED 500,000, making it an attractive option for first-time buyers and investors alike.

Market Trends

  • Recent market analysis indicates stable rental yields, averaging around 7-8%, appealing for rental investors.
  • Sales trends show a steady appreciation in property prices, with an anticipated annual growth rate of 5-7% over the next few years.
  • Demand has increased due to the development of new infrastructure and amenities in the surrounding area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to multiple supermarkets, schools, and healthcare facilities including clinics and pharmacies within a short drive.
  • Prominent schools nearby include the GEMS International School and the British School Al Khaleej, catering to families with children.

Transportation and Accessibility

  • The building enjoys excellent connectivity, with easy access to major roads like Sheikh Zayed Road and Emirates Road.
  • Public transport options include nearby metro stations and bus routes, facilitating convenient travel to various parts of Dubai.

Lifestyle Amenities

  • Lakeside Tower B is equipped with modern lifestyle amenities, including fitness centers, swimming pools, and parks for outdoor activities.
  • Various dining options, cafes, and leisure facilities contribute to a vibrant community atmosphere, perfect for social interactions.

Builing Facilities

  • The building offers high-speed elevators, round-the-clock security, and centralized air conditioning for a comfortable living experience.
  • Professional maintenance services ensure residents enjoy a worry-free lifestyle.

Special Services

  • Residents benefit from concierge services, assisting with personal needs and facilitating a seamless living experience.
  • Business centers within the building cater to professionals looking for workspace solutions.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building provides a variety of floor plans that accommodate different living preferences, including open layouts and family-oriented designs.

Things to Consider

  • Before investing or moving, consider factors such as budget, property type preferences, and the proximity to work and schools.

Useful FAQs and Support

Events and Building Life

Building Events

  • Lakeside Tower B fosters community spirit with regular events, gatherings, and social programs for residents, encouraging interaction and camaraderie.

Community Identity

  • The building's unique identity is characterized by its scenic lakeside views, eco-friendly design, and community-focused environment, appealing to both families and young professionals.

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Detailed Buiding Insights

1. Family Friendliness

The community features spacious units and parks, making it suitable for families. Schools and recreational areas are nearby, enhancing family life.

Welcoming Environment

2. Living Options

Lakeside Tower B offers a variety of living options, from studios to multiple bedroom apartments, catering to diverse family structures and preferences.

Broadly Diverse

3. Safety And Security

The community has 24/7 security personnel and access control systems, ensuring residents feel safe and secure within the premises.

Highly Secure

4. Transportation

Public transport options such as metro stations and bus services are within a short distance, while major highways offer easy access to the rest of Dubai.

Conveniently Accessible

5. Amenities And Facilities

The community boasts a variety of amenities including swimming pools, gyms, and retail spaces, enriching the lifestyle of the residents.

Richly Equipped

6. Cost Of Living

The cost of living in Lakeside Tower B is moderate compared to other areas in Dubai, offering good value for the quality of living.

Relatively Affordable

7. Things To Do

The area offers numerous restaurants, cafes, and parks, providing residents with a wide range of activities to choose from.

Vibrantly Diverse

8. Noise Levels

Residents enjoy a calm environment, with noise levels being relatively low due to thoughtful design and landscaping around the community.

Generally Peaceful

9. Pet Friendliness

The community has pet-friendly policies in place, with ample green spaces for pets to enjoy, making it a good choice for pet owners.

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:

286.8K AED - 324.1K AED

Rent:

20.8K AED - 30.1K AED

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