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Montrose Tower B, Dubai Science Park

Montrose Tower B, Dubai Science Park

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Strengths

Modern Architectural Design

Prime Location

Sustainable Features

Weakens

Limited Parking Space

Higher Rental Prices

Noise from Surrounding Areas

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Description

Montrose Tower B, Dubai Science Park

Real Estate Overview

Building Overview

  • Montrose Tower B is situated within the innovative Dubai Science Park, an area renowned for its scientific research and development.
  • The building is surrounded by modern facilities, including shopping centers, dining options, and a vibrant communal atmosphere.
  • Strategically located with convenient access to public transportation, making it easy for residents and visitors to travel throughout the city.
  • Comparatively, it stands out among neighboring structures due to its modern architecture and focus on sustainable living.

Properties Overview

  • Montrose Tower B offers a diverse range of properties, including beautifully designed apartments tailored for both rental and sales.
  • Popular units within the building typically feature studio to three-bedroom configurations with modern finishes.
  • Rental prices in the tower average around AED 55,000 to AED 110,000 per year, while properties for sale range from AED 600,000 to AED 1.5 million.

Market Trends

  • Over the past year, rental prices have seen a slight increase of approximately 5%, while sales prices have experienced a 7% rise, indicating a robust demand in the area.
  • Investors can expect a strong return on investment (ROI) averaging 7-8% due to the increasing popularity of Dubai Science Park.
  • Looking ahead, market analysts predict further growth, driven by new developments and enhanced infrastructure in the vicinity.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have easy access to essential amenities, including supermarkets, schools, and healthcare facilities.
  • Top-rated schools and universities are located nearby, providing quality education for families.
  • Healthcare centers, including hospitals and clinics, are conveniently situated within a short distance.

Transportation and Accessibility

  • The building is well-connected via major roads and public transport options, including buses and the metro.
  • Ample parking space is available for residents and guests, ensuring convenient accessibility to the building.

Lifestyle Amenities

  • On-site facilities include a fully-equipped gym, swimming pool, and leisure areas for relaxation.
  • The neighborhood boasts a variety of dining choices, cafes, and recreational opportunities, appealing to residents of all ages.

Builing Facilities

  • Montrose Tower B features modern elevators, advanced security systems, and central air conditioning for comfort.
  • Maintenance services are available to ensure that residents' needs are promptly addressed.

Special Services

  • The building includes exceptional services such as concierge assistance, guest services, and business facilities tailored for working professionals.
  • Unique amenities, including rooftop gardens and gathering spaces, enhance the living experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of thoughtfully designed floor plans are available, catering to the needs of both families and individuals.
  • Units range in size and layout, providing options for everyone from first-time renters to seasoned investors.

Things to Consider

  • Key factors to consider before moving include budget, amenities, property size, and future value.
  • It's essential to review lease terms carefully and assess the building's community vibe.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events, such as social gatherings and wellness activities, foster a sense of belonging among residents.
  • Seasonal festivities and workshops are often organized to enhance community engagement.

Community Identity

  • Montrose Tower B prides itself on its commitment to sustainability and lifestyle, appealing to environmentally conscious residents.
  • The building features a blend of modern living with cultural influences, creating an inviting and unique atmosphere.

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Detailed Buiding Insights

1. Family Friendliness

Montrose Tower B is equipped with family-oriented facilities including play areas for children and spacious apartments that cater to families' needs. The community also has nearby schools and parks making it a suitable environment for families.

Highly Welcoming

2. Living Options

The community offers a range of living options from studio apartments to larger family homes, catering to different lifestyles and preferences. This variety makes it appealing to young professionals as well as families.

Diverse Choices

3. Safety And Security

Montrose Tower B has 24/7 security services and surveillance systems in place, contributing to a safe living environment. Additionally, the presence of gated access adds to residents' peace of mind.

Very Secure

4. Transportation

The location of Montrose Tower B features good connectivity with public transport options available, including nearby metro stations and bus stops. Major highways are also easily accessible, making commuting straightforward.

Conveniently Accessible

5. Amenities And Facilities

The tower provides an array of amenities including a well-equipped gym, swimming pool, and recreational areas. These facilities promote a healthy lifestyle and foster community engagement among residents.

Richly Equipped

6. Cost Of Living

While the cost of living in Montrose Tower B is reasonable when compared to other areas in Dubai, it may be considered slightly high for some mid-income families. However, the value of the amenities and security offered justifies the pricing.

Moderately Priced

7. Things To Do

Montrose Tower B is located near various attractions including parks, dining options, and shopping centers. The diversity of activities allows residents to enjoy a vibrant lifestyle with ample options.

Vibrantly Diverse

8. Noise Levels

Despite being located in a bustling area, Montrose Tower B is designed with soundproofing features that help maintain a peaceful living environment. The noise from surrounding traffic is minimal due to strategic building placement.

Generally Quiet

9. Pet Friendliness

The community welcomes pets and has designated areas for pet owners, including walking paths and parks. This pet-friendly policy is appealing for animal lovers looking for a suitable living 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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Local Information

Buy:

230.4K AED - 314.4K AED

Rent:

22.2K AED - 30.7K AED

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