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Riviera Residence, International City, Dubai

Riviera Residence, International City, Dubai

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Strengths

Modern architectural design

Affordable living costs

Proximity to amenities

Weakens

Traffic congestion during peak hours

Limited public transport options

Noise from nearby constructions

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Description

Riviera Residence, International City, Dubai

Real Estate Overview

Building Overview

  • Riviera Residence is a prominent residential complex nestled in the heart of International City, Dubai, known for its diverse and vibrant community.
  • Strategically situated, the building benefits from proximity to essential amenities such as grocery stores, health clinics, and recreational parks.
  • Excellent transport links, including Dubai Metro and bus services, make commuting to key areas in Dubai effortless.
  • The architectural design of Riviera Residence stands out, echoing contemporary trends while ensuring functional living spaces.

Properties Overview

  • The building features a variety of apartments ranging from studio to one-bedroom units, catering to singles and small families.
  • Popular rental options typically range from AED 30,000 to AED 50,000 annually, while sales prices can vary between AED 400,000 and AED 700,000.
  • Potential investors will find a balanced mix of rental and resale opportunities appealing for both living and long-term investment.

Market Trends

  • Recent market analysis indicates a steady demand for rental properties, with a rental yield averaging around 7-8%, making it attractive for investors.
  • Sales trends show a gradual increase in property values, reflecting the growing interest in International City as a flourishing residential hub.
  • With infrastructure developments and city planning in motion, future expectations suggest continued appreciation in property prices.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to various supermarkets, including Carrefour and Spinneys, as well as educational institutions like Dubai International School.
  • Nearby healthcare facilities include Mediclinic and Aster Clinic, ensuring residents' medical needs are well catered for.

Transportation and Accessibility

  • Public transport is well established, with regular bus services connecting residents to nearby metro stations and major city attractions.
  • Ample parking spaces are available for residents and visitors, enhancing convenience for car owners.

Lifestyle Amenities

  • Riviera Residence offers exceptional lifestyle amenities, including fitness centers, communal pools, and landscaped gardens.
  • A variety of dining and retail options can be found within walking distance, promoting a leisurely lifestyle.

Builing Facilities

  • The building is equipped with high-speed elevators, round-the-clock security services, and a central air conditioning system.
  • Regular maintenance and management services ensure a well-maintained living environment for all residents.

Special Services

  • Riviera Residence provides concierge services and guest reception, along with facilities for business meetings, appealing to professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • Apartments feature a range of thoughtfully designed floor plans that appeal to diverse preferences, including open-plan living spaces.
  • Investors can explore options from cozy studios to larger one-bedroom units, each tailored for modern living.

Things to Consider

  • Before making a decision, potential buyers and renters should consider the proximity to work, school requirements, and community amenities.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events and social gatherings foster a sense of belonging among residents, encouraging interaction and networking.

Community Identity

  • Riviera Residence is distinguished by its vibrant community spirit and aesthetic architecture, offering a unique blend of comfort and luxury.

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Detailed Buiding Insights

1. Family Friendliness

Riviera Residence offers a community vibe that is well-suited for families, with plenty of nearby schools, parks, and family-friendly activities.

Welcoming and Family-Oriented

2. Living Options

The area provides a range of living options, from studio apartments to larger units, catering to different family sizes and budgets.

Diverse and Affordable

3. Safety And Security

While the neighborhood is considered safe, some areas have fluctuating security monitoring, but overall, residents feel secure.

Generally Secure

4. Transportation

Public transportation options are available, but residents may find some routes limited, making private transport more desirable.

Moderately Convenient

5. Amenities And Facilities

The community features essential shops and recreational facilities, though the diversity and luxury of amenities may vary.

Adequately Equipped

6. Cost Of Living

Living costs in Riviera Residence are generally lower than in many other parts of Dubai, making it attractive for budget-conscious residents.

Affordable and Manageable

7. Things To Do

While there are some local activities and dining options, residents may need to venture further for a wider range of entertainment.

Moderately Engaging

8. Noise Levels

Riviera Residence tends to be serene, with lower traffic congestion and noise levels, making it suitable for families seeking tranquility.

Generally Peaceful

9. Pet Friendliness

Many residents have pets, and there are well-kept parks and green areas for them to enjoy, contributing to a pet-friendly atmosphere.

Pet-Friendly Environment

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:

213.3K AED - 360.5K AED

Rent:

21.8K AED - 31.1K AED

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