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Residence 110, Business Bay

Residence 110, Business Bay

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Strengths

Modern Architecture

Prime Location

High-Quality Amenities

Weakens

High Maintenance Fees

Noise Levels

Limited Parking Spaces

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Description

Residence 110, Business Bay

Real Estate Overview

Building Overview

  • Situated in the heart of Business Bay, Residence 110 boasts a prime location surrounded by iconic skyscrapers and bustling businesses.
  • The building is easily accessible via major roads and is in close proximity to the Dubai Metro, providing excellent connectivity.
  • Nearby landmarks include the Burj Khalifa, Dubai Mall, and various cultural attractions, enhancing its appeal as a vibrant urban hub.

Properties Overview

  • Residence 110 features a diverse range of properties including luxurious apartments that cater to both renters and buyers.
  • Popular units often include 1-bedroom and 2-bedroom apartments, with competitive pricing for the luxury market.
  • Current average rental prices range from AED 80,000 to AED 120,000 annually, while sale prices start around AED 1.1 million.

Market Trends

  • The real estate market in Business Bay has shown steady growth, with rental prices increasing by approximately 5% over the past year.
  • Sales trends indicate a higher demand for luxury apartments, driven by foreign investors looking for high ROI opportunities.
  • Forecasts suggest continued appreciation in property values due to ongoing infrastructure developments and increased demand.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to numerous supermarkets, schools, and healthcare facilities, including respected clinics and hospitals within easy reach.
  • Top-rated international schools are located nearby, making it ideal for families.

Transportation and Accessibility

  • The building is well-served by public transportation options, including buses and tram services, with ample parking for residents and visitors.
  • Proximity to Sheikh Zayed Road ensures quick and easy access to the wider city.

Lifestyle Amenities

  • On-site amenities include modern fitness centers, swimming pools, and stylish lounges.
  • A plethora of dining, shopping, and entertainment options are just a stone's throw away, contributing to a vibrant lifestyle.

Builing Facilities

  • Residence 110 is equipped with high-speed elevators, round-the-clock security, and centralized air conditioning.
  • Comprehensive maintenance services ensure the building remains in pristine condition.

Special Services

  • Residents benefit from concierge services, a welcoming lobby for guests, and well-equipped business centers tailored for professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, featuring 1, 2, and 3-bedroom configurations designed to accommodate diverse lifestyles and needs.
  • Each unit offers modern finishes and efficient layouts, appealing to both families and young professionals.

Things to Consider

  • Before making a decision, potential residents and buyers should evaluate personal preferences for space, budget, and amenities.
  • Consider the long-term investment potential and lifestyle that Residence 110 offers.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events are organized within Residence 110, fostering a sense of community among residents.
  • Monthly social gatherings, fitness classes, and holiday celebrations are some of the opportunities for engagement.

Community Identity

  • Residence 110 is distinguished by its modern architectural design and commitment to fostering an inclusive living environment.
  • Artistic features and green spaces within the building create a unique cultural and recreational identity.

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Detailed Buiding Insights

1. Family Friendliness

The community offers numerous family-oriented facilities, including parks, playgrounds, and family-friendly events. Many residents are families, creating a supportive environment.

Exceptionally Welcoming

2. Living Options

There are various living situations available, including apartments of different sizes and styles, catering to both singles and families, enhancing diversity in living options.

Broadly Diverse

3. Safety And Security

The area is well-monitored with security systems in place and a low crime rate, making residents feel safe and secure in their homes.

Remarkably Secure

4. Transportation

Excellent access to public transportation, including metro and bus services, along with major road connections, ensures residents can easily commute.

Highly Convenient

5. Amenities And Facilities

The community provides an abundance of amenities such as gyms, swimming pools, retail outlets, and restaurants, enhancing the living experience.

Richly Equipped

6. Cost Of Living

While the cost of living may be higher than some other areas, it is justified by the quality of amenities and services available in the community.

Moderately Balanced

7. Things To Do

There are many entertainment options available, including cultural centers, restaurants, and recreational parks, catering to various interests and age groups.

Vibrantly Diverse

8. Noise Levels

While located in a bustling area, the residence maintains a peaceful atmosphere, with noise levels manageable, allowing for a tranquil home environment.

Generally Peaceful

9. Pet Friendliness

Many residents have pets, and the community features pet-friendly parks and facilities, making it a comfortable environment for pet owners.

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:

278.9K AED - 325.1K AED

Rent:

21.5K AED - 31.8K AED

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