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Liwa Building, Bur Dubai

Liwa Building, Bur Dubai

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Strengths

Strategic Location

Modern Amenities

Spacious Units

Weakens

Traffic Congestion

Limited Parking

Noise Levels

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Description

Liwa Building, Bur Dubai

Real Estate Overview

Building Overview

  • The Liwa Building, situated in the vibrant neighborhood of Bur Dubai, is known for its prime location amidst shopping, dining, and cultural sites.
  • It is conveniently located near public transportation options, including the Dubai Metro, which provides easy access to other parts of the city.
  • Nearby landmarks include the iconic Dubai Creek and various local markets, making it a desirable location for residents.

Properties Overview

  • The Liwa Building offers a mix of rental and sale properties, including spacious apartments that are often favored by families and professionals alike.
  • Rental prices typically range from AED 45,000 to AED 75,000 annually, depending on property size and amenities.
  • For purchase, buyers can expect prices starting from AED 800,000 for one-bedroom units.

Market Trends

  • Rental trends in Bur Dubai show a steady increase, with a year-over-year growth of approximately 5%, indicating strong demand.
  • Sales in this area have seen rising prices, with an average ROI of around 7%, appealing to both investors and first-time homebuyers.
  • Future expectations suggest continued growth in property values, fueled by Bur Dubai's ongoing developments and infrastructure improvements.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents will find essential amenities within easy reach, including supermarkets, international schools, and healthcare facilities.
  • Nearby hospitals, such as Al Maktoum Hospital, provide quality medical services for families.

Transportation and Accessibility

  • The building enjoys excellent connectivity through major highways and public transport, including the Bur Dubai Metro station and numerous bus routes.
  • Abundant parking spaces are available for residents and visitors.

Lifestyle Amenities

  • A host of lifestyle amenities are within proximity, including fitness centers, parks, diverse restaurants, and cafes that cater to various tastes.
  • Residents can also enjoy cultural experiences at nearby museums and galleries.

Builing Facilities

  • Liwa Building features modern facilities such as high-speed elevators, round-the-clock security, and central air conditioning.
  • Maintenance services are readily available, ensuring a hassle-free living experience.

Special Services

  • The building offers additional services such as a concierge and guest services to enhance the living experience for all residents.
  • Business centers within the building cater to professionals looking for flexible workspaces.

Planning Your Move or Investment

Floor Plans and Property Types

  • Liwa Building provides a variety of floor plans that include one, two, and three-bedroom apartments, accommodating different lifestyles and preferences.

Things to Consider

  • Prospective tenants and buyers should consider factors like proximity to work, local amenities, and overall budget before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents are encouraged to participate in regular community events, fostering a sense of belonging and neighborly interaction.

Community Identity

  • The Liwa Building embodies a blend of modern living and traditional culture, making it a unique place to call home.

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Detailed Buiding Insights

1. Family Friendliness

Liwa Building is home to many families, with amenities such as nearby parks and schools that cater to children, creating a friendly atmosphere.

Welcoming

2. Living Options

The community offers a variety of living options, from studio apartments to multi-bedroom flats, appealing to different demographics and budgets.

Diverse

3. Safety And Security

While the overall neighborhood is considered safe, some areas can experience petty crime, thus a moderate security rating.

Moderately Secure

4. Transportation

Liwa Building has excellent access to public transportation, including buses and metro stations, making commuting easy for residents.

Convenient

5. Amenities And Facilities

Residents have access to supermarkets, gyms, and community centers within walking distance, making it highly convenient.

Well-Provided

6. Cost Of Living

Liwa Building offers competitive rental prices compared to other areas in Bur Dubai, making it an attractive option for budget-conscious individuals.

Affordable

7. Things To Do

The area is teeming with cultural attractions, dining options, and shopping venues, providing residents with a variety of activities.

Culturally Rich

8. Noise Levels

Though the area can be lively, particularly near main roads and markets, many residents find a peaceful environment in most parts of the building.

Moderately Quiet

9. Pet Friendliness

Many residents keep pets, and the building has pet-friendly policies, although some restrictions may apply.

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:

295.8K AED - 322.6K AED

Rent:

21.1K AED - 32.1K AED

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