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Al Manara Tower, Business Bay

Al Manara Tower, Business Bay

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Strengths

Prime Location

Modern Design

Comprehensive Amenities

Weakens

High Competition

Parking Limitations

Noise Levels

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Description

Al Manara Tower, Business Bay

Real Estate Overview

Building Overview

  • Al Manara Tower is a striking skyscraper in the heart of Business Bay, known for its modern architectural design.
  • Situated near the Dubai Water Canal, the tower provides breathtaking views and easy access to nearby landmarks such as the Burj Khalifa and The Dubai Mall.
  • Public transport options are plentiful, with proximity to the Business Bay Metro Station making commuting a breeze.

Properties Overview

  • The building features a range of residential units, from luxurious one-bedroom apartments to spacious three-bedroom family homes.
  • Rental prices typically range from AED 80,000 to AED 150,000 annually, while sales prices start around AED 1.4 million for spacious units.

Market Trends

  • Over the past year, the rental market in Business Bay has seen a moderate increase, with rental rates rising by 5-10%.
  • Investors can expect a healthy return on investment (ROI), often surpassing 6% annually, particularly for rental properties in Al Manara Tower.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from various nearby supermarkets, including Carrefour and Spinneys, ensuring easy access to groceries.
  • Reputable educational institutions and healthcare facilities are also within a short distance, providing convenience for families.

Transportation and Accessibility

  • Business Bay offers robust public transport options with buses and metro lines for seamless connectivity throughout the city.
  • Ample parking spaces are available for residents and guests.

Lifestyle Amenities

  • The tower boasts access to multiple gyms, swimming pools, and wellness centers to promote a healthy lifestyle.
  • Nearby dining options range from casual eateries to high-end restaurants, catering to various tastes and preferences.

Builing Facilities

  • Al Manara Tower is equipped with high-speed elevators, 24/7 security, and central air conditioning for comfort and safety.
  • Comprehensive maintenance services ensure a well-kept living environment.

Special Services

  • The building offers concierge services, enhancing the convenience for residents and their guests.
  • Business centers and conference rooms are available for residents who work from home or require meeting space.

Planning Your Move or Investment

Floor Plans and Property Types

  • A diverse selection of floor plans are available in Al Manara Tower, catering to individual preferences and lifestyles.
  • Options include studio apartments, one to three-bedroom units, and penthouses with exclusive features.

Things to Consider

  • Consider the proximity to work, schools, and leisure activities when choosing a property.
  • Review the amenities and services the building offers to ensure they meet your lifestyle needs.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents can enjoy regular social events and community gatherings, fostering a sense of belonging and neighborly connection.

Community Identity

  • Al Manara Tower is recognized for its vibrant community atmosphere and cultural diversity, making it a distinguished place to live in Dubai.

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Detailed Buiding Insights

1. Family Friendliness

Al Manara Tower offers a family-friendly environment with nearby parks and recreational facilities, making it suitable for families, though some amenities are more geared towards professionals.

Moderately Welcoming

2. Living Options

The tower provides a range of living options, from spacious apartments to luxury penthouses, appealing to various lifestyles and preferences.

Diverse and Contemporary

3. Safety And Security

With 24/7 security personnel and CCTV surveillance, the building ensures a high level of safety for its residents.

Very Secure

4. Transportation

Located near major roads and public transport options, Al Manara Tower offers easy access to the rest of Dubai, making commuting easy.

Highly Convenient

5. Amenities And Facilities

The tower features a gym, swimming pool, and multiple leisure areas, providing excellent amenities for residents to enjoy.

Richly Equipped

6. Cost Of Living

While the living conditions are high quality, the cost of living reflects the premium nature of Business Bay, making it less accessible for some.

Moderately High

7. Things To Do

Business Bay is known for its variety of restaurants, cafes, and entertainment options, providing endless activities for all residents.

Vibrantly Diverse

8. Noise Levels

Despite its location in a bustling area, the building is soundproofed effectively, resulting in a peaceful environment for residents.

Generally Quiet

9. Pet Friendliness

The tower allows pets, with nearby parks making it easy for pet owners to maintain an active lifestyle with their companions.

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:

220.5K AED - 391.8K AED

Rent:

21.8K AED - 30K AED

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