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Mona Residence, Al Qusais

Mona Residence, Al Qusais

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Strengths

Spacious Apartments

Prime Location

Modern Amenities

Weakens

High Maintenance Fees

Limited Parking Space

Noise Levels

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Description

Mona Residence, Al Qusais

Real Estate Overview

Building Overview

  • Mona Residence, located in the heart of Al Qusais, is a modern residential building that combines luxury living with convenience.
  • It's strategically situated near schools, shopping centers, and healthcare facilities, providing residents with all essential services at their doorstep.
  • The building is also in proximity to major public transportation hubs, offering easy access to other parts of Dubai, making it an ideal choice for commuters.
  • Compared to similar buildings in the area, Mona Residence offers competitive amenities and value for money.

Properties Overview

  • The building features a diverse range of properties, including both rental and sale options, catering to different preferences and budgets.
  • Popular unit types include spacious one and two-bedroom apartments, perfect for singles or small families.
  • Current rental prices range from AED 45,000 to AED 75,000 per year, while sales prices for apartments typically start from AED 800,000.

Market Trends

  • In the past year, rental prices in Al Qusais have shown a steady increase of approximately 5%, indicating a strong demand for housing in the area.
  • Sales prices have also appreciated, with an estimated increase of 7% year-on-year, presenting a promising opportunity for investors.
  • The return on investment (ROI) in Al Qusais homes is currently averaging around 6%, making it an attractive market for potential buyers.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy proximity to top-rated schools, such as Dubai Modern Education School and Al Qusais Private School.
  • Healthcare options include reputable facilities like NMC Hospital and American Hospital Dubai, ensuring residents have access to quality medical care.
  • Supermarkets and shopping centers, including Lulu Hypermarket and Al Qusais Plaza, are easily accessible, catering to daily needs.

Transportation and Accessibility

  • The building is well-served by public transport, with multiple bus stops and nearby metro stations providing efficient options for getting around the city.
  • Ample parking spaces are available for residents, enhancing accessibility for those who prefer to drive.

Lifestyle Amenities

  • Mona Residence boasts a range of lifestyle amenities, including a fully-equipped gym, swimming pool, and landscaped gardens.
  • Local dining options include various restaurants and cafes, ensuring a vibrant culinary experience right at your doorstep.
  • Recreational facilities such as parks and sports hubs are also in the vicinity, promoting an active lifestyle.

Builing Facilities

  • The building is equipped with high-speed elevators, round-the-clock security, and central air conditioning for maximum comfort.
  • Professional maintenance services are available to ensure a hassle-free living experience.

Special Services

  • Additional services include a 24-hour concierge, guest reception, and business center, catering to both residents and visitors.
  • Unique amenities may include rooftop lounges or community spaces for social interactions.

Planning Your Move or Investment

Floor Plans and Property Types

  • Mona Residence offers a variety of floor plans tailored to meet the needs of different residents, from singles to families.
  • Unit layouts include stylish open-plan living spaces, modern kitchens, and balconies with stunning views.

Things to Consider

  • Prospective tenants and buyers should consider factors such as the building's location, building amenities, and recent market trends before making a decision.
  • Review the homeowner association fees, maintenance obligations, and local regulations related to property ownership.

Useful FAQs and Support

Events and Building Life

Building Events

  • Mona Residence hosts regular community events and gatherings, fostering a sense of belonging among residents.
  • Social activities such as movie nights, seasonal celebrations, and fitness classes help bring residents together.

Community Identity

  • What sets Mona Residence apart is its commitment to providing not just living spaces, but a thriving community atmosphere.
  • The blend of modern architecture with cultural elements enhances the appeal, reflecting the vibrant lifestyle of Dubai.

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Detailed Buiding Insights

1. Family Friendliness

Mona Residence offers family-oriented amenities such as parks, play areas, and community events. The environment is supportive for families with children, ensuring a safe and engaging atmosphere.

Exceptionally Welcoming

2. Living Options

The community features a variety of residential options including apartments and villas, catering to different family sizes and budgets which enhances its appeal across various demographics.

Broadly Diverse

3. Safety And Security

Mona Residence has comprehensive security measures in place, including 24/7 surveillance and controlled access points, contributing to a strong sense of safety among its residents.

Remarkably Secure

4. Transportation

The community is strategically located near major roads and public transportation links, making it easy to commute to various parts of the city while also having adequate parking facilities.

Conveniently Accessible

5. Amenities And Facilities

The area boasts numerous amenities, including supermarkets, gyms, and recreational areas. Residents have easy access to essential services and leisure activities that foster a high quality of life.

Richly Equipped

6. Cost Of Living

While the cost of living can be higher than some neighboring communities, it remains reasonable considering the facilities and quality of life offered, allowing for good value for money.

Relatively Balanced

7. Things To Do

Mona Residence is close to a variety of entertainment options, including malls, restaurants, and cultural centers, providing residents with plenty of opportunities for leisure and social activities.

Vibrantly Diverse

8. Noise Levels

The community maintains a calm environment away from the hustle and bustle, with well-placed residential structures and landscaping that mitigates noise, making it suitable for relaxing family life.

Generally Peaceful

9. Pet Friendliness

Mona Residence promotes a pet-friendly environment, offering parks and open spaces that allow pets to roam and play, along with regulations that support responsible pet ownership.

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:

289.5K AED - 317.8K AED

Rent:

20.6K AED - 31.5K AED

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