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Freej Residence, Al Furjan

Freej Residence, Al Furjan

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Strengths

Modern design

Amenities

Location

Weakens

Parking limitations

Noise from construction

Higher maintenance fees

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Description

Freej Residence, Al Furjan

Real Estate Overview

Building Overview

  • Freej Residence is a contemporary residential complex located in the vibrant Al Furjan area of Dubai. It boasts close proximity to vital facilities such as shopping centers, parks, and entertainment venues.
  • The building is well-connected by public transportation, making it accessible to major attractions and business hubs throughout the city. Nearby landmarks include the Ibn Battuta Mall and Expo 2020 site, enhancing the living experience.

Properties Overview

  • This building features a diverse range of properties, including both rental and sale options. The most sought-after units include spacious one, two, and three-bedroom apartments, appealing to individuals and families alike.
  • Current rental prices range from AED 60,000 to AED 120,000 annually, while sales prices for apartments typically range from AED 850,000 to AED 1.9 million, depending on the unit size and features.

Market Trends

  • Rental demand in Freej Residence has witnessed a steady increase, with an average annual rent yield of approximately 7-8%, indicating a strong investment potential.
  • Recent trends show increased interest in property purchases as the market stabilizes post-COVID, with a forecast of continued growth in the coming year.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to various essential services, including supermarkets like Carrefour, schools such as Arbor School, and nearby healthcare facilities like NMC Hospital and Mediclinic.

Transportation and Accessibility

  • The building is served by multiple public transport options, including the Dubai Metro and bus services, enhancing accessibility to other key locations in the city. Ample parking space is available for residents and visitors.

Lifestyle Amenities

  • Freej Residence offers numerous lifestyle amenities, including state-of-the-art gyms, swimming pools, children's play areas, and landscaped gardens. Dining options and cafes are conveniently located within and nearby the complex.

Builing Facilities

  • The building includes modern facilities such as high-speed elevators, 24/7 security, central air conditioning, and dedicated maintenance services, ensuring a comfortable living experience.

Special Services

  • Unique amenities include a concierge service that assists residents with various needs, ensuring a high level of convenience and support. Additionally, the building may offer business centers and guest services for visitors.

Planning Your Move or Investment

Floor Plans and Property Types

  • Freej Residence features a variety of floor plans, accommodating different lifestyle needs. Options include open-concept studios, spacious three-bedroom units, and family-friendly layouts.

Things to Consider

  • Before making a decision, potential tenants and buyers should consider factors such as property condition, community facilities, proximity to amenities, and overall security of the building.

Useful FAQs and Support

Events and Building Life

Building Events

  • Freej Residence fosters a sense of community by organizing regular social events and gatherings, providing residents with opportunities to connect and engage with their neighbors.

Community Identity

  • The building’s unique charm lies in its modern architecture combined with a welcoming community atmosphere, making it an attractive place for both lifestyle and investment.

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Detailed Buiding Insights

1. Family Friendliness

The community is designed with families in mind, offering spacious apartments, parks, and recreational areas that cater to children and family activities.

Exceptionally Welcoming

2. Living Options

Freej Residence offers a variety of living options, including 1, 2, and 3-bedroom apartments, appealing to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The community has 24/7 security services and surveillance cameras throughout, ensuring residents feel safe at all hours.

Remarkably Secure

4. Transportation

While there are public transport options nearby, residents may require a car for easier access to major areas and amenities outside the community.

Moderately Convenient

5. Amenities And Facilities

The community features a range of amenities including pools, gyms, and sports facilities, enhancing residents' lifestyle and recreational options.

Richly Equipped

6. Cost Of Living

The cost of living in Freej Residence is reasonable compared to other upscale communities in Dubai, providing good value for the amenities offered.

Relatively Balanced

7. Things To Do

There are a variety of activities and attractions nearby, including shopping centers, cultural sites, and leisure facilities that cater to diverse interests.

Vibrantly Diverse

8. Noise Levels

The community is located away from major roads, resulting in a quieter environment that is conducive to relaxation and family life.

Generally Peaceful

9. Pet Friendliness

Freej Residence has facilities that support pet owners, such as pet parks and pet-friendly policies, making it a welcoming choice for families with pets.

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:

236.7K AED - 360K AED

Rent:

24.9K AED - 30.3K AED

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