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Panoramic, Dubai Marina

Panoramic, Dubai Marina

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Strengths

Stunning Views

Prime Location

Modern Amenities

Weakens

High Living Costs

Noise Levels

Limited Parking

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Description

Panoramic, Dubai Marina

Real Estate Overview

Building Overview

  • Panoramic offers a stunning visual experience with its premium waterfront location in the vibrant Dubai Marina.
  • The building boasts modern architectural features and is surrounded by numerous dining, entertainment, and shopping options.
  • Proximity to major transport hubs ensures easy connectivity to the city's attractions.

Properties Overview

  • Panoramic features a mix of luxurious apartments, primarily including 1, 2, and 3-bedroom units.
  • Rental prices for properties in Panoramic range from AED 80,000 to AED 200,000 annually, depending on size and layout.
  • The average sales price for apartments in Panoramic can vary widely, with current listings showing prices from AED 1.5 million to AED 4 million.

Market Trends

  • The real estate market in Dubai Marina has seen steady rental growth of approximately 5% year-on-year.
  • Investors can expect a return on investment (ROI) ranging from 6% to 8%, making it a lucrative option for property buyers.
  • Future trends indicate a sustained demand for upscale waterfront properties, particularly in the Dubai Marina area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from easy access to top supermarkets like Spinneys and Carrefour, as well as renowned schools and healthcare facilities.
  • Nearby healthcare services include the American Hospital and Mediclinic, ensuring quality medical care.

Transportation and Accessibility

  • Public transportation options include the Dubai Metro and tram system, with stops located conveniently close to the building.
  • Ample parking spaces are available for residents and guests, enhancing overall accessibility.

Lifestyle Amenities

  • A fitness center, swimming pool, and a wellness spa cater to residents' health and leisure needs.
  • An array of restaurants, cafes, and hotels nearby offers diverse dining and hospitality experiences.

Builing Facilities

  • The building is equipped with high-speed elevators, round-the-clock security, and central air conditioning.
  • On-site maintenance services ensure that residents can enjoy a hassle-free living experience.

Special Services

  • Concierge services assist residents with bookings and inquiries, while guest services enhance the living experience.
  • A business center is available for residents who require workspace for professional needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • Variety of layouts from spacious studios to expansive three-bedroom apartments, appealing to diverse tenant and buyer needs.
  • Detailed floor plans are available for prospective renters and buyers for informed decision-making.

Things to Consider

  • Evaluate the amenities, surrounding area, and potential rental income before making a purchase or rental decision.
  • Consider proximity to transport links and lifestyle facilities when selecting a unit.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community gatherings and social events foster a vibrant community among residents.
  • Seasonal celebrations and themed events create opportunities for social interaction and engagement.

Community Identity

  • The unique architecture and stunning marina views contribute to Panoramic's appeal as a premier residential choice.
  • The building promotes an active lifestyle, reflected in its amenities and community culture.

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Detailed Buiding Insights

1. Family Friendliness

Panoramic offers family-friendly amenities including parks and playgrounds, though the urban environment may not suit all family dynamics.

Moderately Welcoming

2. Living Options

The community features various residential options ranging from luxurious apartments to cozy studios, catering to different lifestyles and family sizes.

Diverse Choices

3. Safety And Security

With 24/7 security and surveillance systems in place, residents often feel a high sense of safety within the community.

Highly Secure

4. Transportation

Proximity to major roads and public transport options provides easy access to the rest of Dubai, making commuting efficient.

Conveniently Accessible

5. Amenities And Facilities

Panoramic boasts a variety of amenities including pools, gyms, and community centers, enhancing the lifestyle of its residents.

Richly Equipped

6. Cost Of Living

While the cost of living is on the higher side compared to other areas, the quality of life and amenities justify the expenses for many residents.

Relatively Premium

7. Things To Do

The community is close to numerous cafes, restaurants, and entertainment venues that offer a lively social scene.

Vibrantly Engaging

8. Noise Levels

Although the Marina can be bustling, the design and layout of Panoramic help maintain a comfortable noise level for residents.

Generally Tolerable

9. Pet Friendliness

There are pet-friendly policies in place, alongside nearby parks, making it suitable for pet owners.

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:

257.8K AED - 317.2K AED

Rent:

24.5K AED - 33.1K AED

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