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Al Hamri, Palm Jumeirah

Al Hamri, Palm Jumeirah

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Strengths

Stunning architectural design

Excellent amenities

Prime location

Weakens

High property prices

Traffic congestion

Limited public transport options

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Description

Al Hamri, Palm Jumeirah

Real Estate Overview

Building Overview

  • Al Hamri is a luxurious residential building located on the iconic Palm Jumeirah, known for its stunning architecture and scenic waterfront views.
  • It boasts proximity to exclusive amenities, including upscale shopping, fine dining resorts, and world-class entertainment venues.
  • Public transportation is accessible from the mainland, with the Palm Monorail providing easy connectivity to nearby attractions.

Properties Overview

  • This building features a range of properties, including spacious one to three-bedroom apartments ideal for families and professionals.
  • Current rental prices range from AED 150,000 to AED 300,000 annually, while sale properties are available from AED 2 million up to AED 8 million, depending on unit size and view.
  • Notably, penthouse apartments in Al Hamri are among the most sought-after units, offering expansive layouts and breathtaking panoramas.

Market Trends

  • In the past year, rental rates in Palm Jumeirah have shown a steady increase, with an average growth of 5-10%.
  • The ROI for investment properties in Al Hamri is estimated at around 6-8%, positioning it as a favorable market for buyers.
  • Future trends for the area indicate continued demand due to ongoing developments and the allure of luxury living in the region.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to a variety of essential services, including supermarkets, high-ranking schools, and reputable healthcare facilities within a short distance.

Transportation and Accessibility

  • The building benefits from excellent transportation links, including easy access to private parking spaces and proximity to the Dubai Metro and Palm Monorail.

Lifestyle Amenities

  • Al Hamri features an array of lifestyle options, such as state-of-the-art fitness centers, luxurious pools, vibrant restaurants, and exclusive beach access.
  • Outdoor enthusiasts can enjoy beautiful promenades perfect for walking, jogging, or cycling along the coastline.

Builing Facilities

  • Essential building features include high-speed elevators, rigorous security measures, centralized air conditioning, and dedicated maintenance services for peace of mind.

Special Services

  • Additional services encompass a full concierge team to assist residents, guest services for visitors, and business centers equipped for meetings and work.

Planning Your Move or Investment

Floor Plans and Property Types

  • Residents can choose from well-designed floor plans ranging from cozy one-bedroom apartments to lavish three-bedroom units, accommodating varied lifestyle needs.

Things to Consider

  • Prospective tenants and buyers should evaluate factors such as lifestyle preferences, budget constraints, community dynamics, and investment potential before making a commitment.

Useful FAQs and Support

Events and Building Life

Building Events

  • Al Hamri fosters a vibrant community life, often hosting social events, festive gatherings, and networking opportunities for residents to connect and engage.

Community Identity

  • This building is distinguished by its modern design, luxurious lifestyle offerings, and a friendly environment that harmonizes luxury living with a sense of community.

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Detailed Buiding Insights

1. Family Friendliness

Al Hamri offers a family-friendly environment with many parks and recreational areas for children. The community hosts various family-oriented events throughout the year, making it a great place for families to socialize.

Exceptionally Welcoming

2. Living Options

The community features an array of high-end residential options, including villas and apartments with waterfront views, appealing to diverse living preferences, from luxury seekers to families.

Luxuriously Diverse

3. Safety And Security

Al Hamri is known for its stringent security measures, including controlled access points and 24/7 surveillance, ensuring a safe living environment for residents.

Extremely Secure

4. Transportation

With easy access to major roads and proximity to public transport options, residents can travel easily within Dubai and beyond, making commuting straightforward.

Conveniently Accessible

5. Amenities And Facilities

The community boasts a variety of top-notch amenities, including swimming pools, gyms, and retail outlets, enhancing the overall living experience.

Richly Equipped

6. Cost Of Living

While the cost of living in Al Hamri is higher than in many other areas of Dubai, the luxurious lifestyle and amenities provided justify the expense for many residents.

Premium Pricing

7. Things To Do

Residents can enjoy a wide range of activities, including beach access, water sports, fine dining, and various cultural events, ensuring there’s always something to do.

Vibrantly Diverse

8. Noise Levels

The community is relatively quiet, with minimal noise from traffic or nightlife, making it an excellent choice for those seeking tranquility.

Generally Peaceful

9. Pet Friendliness

Al Hamri is a pet-friendly community with several parks and open spaces where residents can walk their pets and socialize with fellow pet owners.

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:

259.2K AED - 396.3K AED

Rent:

22.9K AED - 34.5K AED

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