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Niwah Residence, Jumeirah

Niwah Residence, Jumeirah

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Strengths

Modern architectural design

Prime location

High-quality amenities

Weakens

High rental costs

Limited parking space

Noise from nearby construction

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Description

Niwah Residence, Jumeirah

Real Estate Overview

Building Overview

  • Niwah Residence is a prestigious building located in the heart of Jumeirah, known for its opulent lifestyle and proximity to beautiful beaches.
  • The residence is conveniently situated near key attractions like the Burj Khalifa, Dubai Mall, and various high-end dining establishments.
  • Excellent public transportation options are available, including nearby metro stations and bus routes, ensuring easy connectivity throughout Dubai.

Properties Overview

  • Niwah Residence offers a diverse array of properties ranging from luxurious apartments to penthouses.
  • Rental prices typically range from AED 15,000 to AED 30,000 monthly, depending on the unit size and amenities.
  • For buyers, properties are priced between AED 1.5 million and AED 5 million, catering to various budgets and preferences.

Market Trends

  • The real estate market in Jumeirah has shown a steady appreciation in property values, with a current annual ROI of approximately 6-8%.
  • In the past year, rental demand has surged, particularly for waterfront properties, driven by both expats and local investors.
  • Expect continued growth in the coming years as Jumeirah remains a sought-after location for luxury living.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to premium supermarkets, reputable schools, and top-tier healthcare facilities including clinics and hospitals.

Transportation and Accessibility

  • Niwah Residence is well-accessible via Sheikh Zayed Road, with ample parking available for residents and guests.
  • Public transportation facilities are close by, increasing ease of travel within the city and reducing commute times.

Lifestyle Amenities

  • The building and surrounding area feature fitness centers, gourmet restaurants, luxury hotels, and beautiful parks for outdoor activities.
  • Residents can enjoy a vibrant lifestyle with numerous shopping opportunities and cultural attractions nearby.

Builing Facilities

  • Amenities include high-speed elevators, 24/7 security, central air conditioning, and dedicated maintenance services to enhance living comfort.

Special Services

  • Niwah Residence offers additional services like concierge support, guest accommodations, and business center access for residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, ranging from one-bedroom apartments to multi-bedroom units, catering to different living needs.
  • Potential buyers and renters can choose configurations that best fit their lifestyle and budget.

Things to Consider

  • Prospective residents and investors should consider proximity to amenities, community vibe, and future development plans in Jumeirah.
  • Assessing factors like traffic patterns and accessibility to main roads can help in making informed decisions.

Useful FAQs and Support

Events and Building Life

Building Events

  • Niwah Residence hosts regular community events, social gatherings, and workshops designed to foster neighborly connections among residents.

Community Identity

  • The unique blend of luxury, community, and cultural identity makes Niwah Residence a standout option for both living and investing.
  • Its architectural design reflects modern aesthetics while incorporating elements that resonate with Dubai’s rich heritage.

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Detailed Buiding Insights

1. Family Friendliness

Niwah Residence provides a range of family-oriented amenities, including playgrounds, parks, and community events that cater to all age groups, making it a very welcoming environment for families.

Exceptionally Welcoming

2. Living Options

The community offers a variety of living options, including spacious villas and apartments that cater to different family sizes and preferences, ensuring that residents can find suitable accommodations.

Broadly Diverse

3. Safety And Security

The neighborhood is known for its low crime rate and 24/7 security patrols, providing residents with peace of mind. The gated entrance adds an additional layer of security.

Remarkably Secure

4. Transportation

While the community is located in a desirable area, public transportation options are somewhat limited. Residents typically rely on personal vehicles for commuting, but major roads are easily accessible.

Moderately Convenient

5. Amenities And Facilities

Niwah Residence features a variety of amenities including swimming pools, fitness centers, recreational facilities, and landscaped gardens, providing a luxurious lifestyle experience for residents.

Richly Equipped

6. Cost Of Living

The cost of living balances well with the quality of life offered, although it leans towards the higher end due to the luxury nature of the residences and amenities available.

Relatively Balanced

7. Things To Do

There are numerous activities and entertainment options nearby, including shopping malls, dining experiences, and cultural venues, providing residents with a vibrant lifestyle.

Vibrantly Diverse

8. Noise Levels

Most areas within Niwah Residence are quiet, with minimal noise from traffic or nightlife. The community design promotes a serene living environment ideal for families.

Generally Peaceful

9. Pet Friendliness

The community is very pet-friendly, offering plenty of open spaces for pets to roam and is home to several pet-related amenities, such as dog parks and walking trails.

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:

279.4K AED - 329.6K AED

Rent:

23.5K AED - 32.5K AED

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