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Al Manara Building, Sheikh Zayed Road

Al Manara Building, Sheikh Zayed Road

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Strengths

Prime Location

Modern Amenities

Spacious Office Layouts

Weakens

High Rental Costs

Traffic Congestion

Limited Parking Spaces

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Description

Al Manara Building, Sheikh Zayed Road

Real Estate Overview

Building Overview

  • The Al Manara Building is a modern commercial and residential structure located along the iconic Sheikh Zayed Road, a major thoroughfare in Dubai.
  • Proximity to key landmarks such as the Dubai Mall, Burj Khalifa, and a variety of dining and shopping options enhances its appeal.
  • It offers excellent connectivity with access to the metro and is surrounded by major hotels and corporate offices, making it suitable for both residential and business purposes.

Properties Overview

  • The building features a range of properties available for both rent and sale, catering to diverse preferences.
  • Popular rental units typically include spacious one and two-bedroom apartments, with rental prices ranging from AED 70,000 to AED 130,000 annually.
  • For those looking to purchase, units can vary significantly, with sale prices often between AED 1.2 million and AED 2.5 million, depending on size and view.

Market Trends

  • Rental prices in the area have shown a steady increase of approximately 5-10% over the past year, driven by the growing demand for premium locations.
  • For investors, the expected return on investment (ROI) stands at approximately 6-8%, making it an attractive choice for property acquisition.
  • With continuous development in the area, future trends indicate potential for further growth in both rental and resale markets.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents can access essential services including supermarkets, international schools, and healthcare facilities such as clinics and hospitals that are located nearby.
  • The presence of well-established educational institutions adds to the allure for families considering the area.

Transportation and Accessibility

  • The building benefits from extensive public transport links, including the Dubai Metro, ensuring effortless travel to various city locations.
  • Ample parking spaces are available for residents and guests, reinforcing accessibility and convenience.

Lifestyle Amenities

  • Al Manara Building hosts a range of lifestyle amenities such as fitness centers, a variety of restaurants, and cafes catering to diverse culinary tastes.
  • Nearby entertainment options include continued development of community spaces, parks, and cultural attractions.

Builing Facilities

  • Residents enjoy several facilities including high-speed elevators, round-the-clock security services, central air conditioning, and ongoing maintenance support.
  • Common areas are designed for comfort, promoting a sense of community among residents.

Special Services

  • The building offers concierge services, business centers, and guest services to meet the varied needs of residents and visitors alike.
  • Unique amenities enhance the living experience, establishing Al Manara as a distinguished address.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, accommodating different lifestyles and preferences, from compact studios to spacious family units.
  • Layouts are designed to maximize space and natural light, promoting a welcoming atmosphere.

Things to Consider

  • Prospective tenants and buyers should consider factors such as proximity to work, amenities, and residential community dynamics when making a decision.
  • Evaluating long-term investment potential and market conditions can further assist in making informed choices.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events and social gatherings foster connections among residents, enhancing the living experience.
  • Events may include cultural celebrations, fitness classes, and networking opportunities.

Community Identity

  • Al Manara Building stands out due to its modern architecture and vibrant community ambiance, creating a unique identity in the Dubai skyline.
  • The integration of cultural elements and recreational spaces contributes to its charm and appeal.

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Detailed Buiding Insights

1. Family Friendliness

The community offers family-oriented facilities and nearby parks, making it suitable for families. However, the busy road may limit outdoor activities for small children.

Moderately Welcoming

2. Living Options

The Al Manara Building provides a variety of living spaces, including spacious apartments that cater to different family sizes and lifestyles.

Diverse and Accommodating

3. Safety And Security

The building features 24/7 security personnel and surveillance, contributing to a strong sense of safety for residents.

Very Secure

4. Transportation

Located along Sheikh Zayed Road, the Al Manara Building provides excellent access to public transportation, facilitating easy commutes.

Highly Convenient

5. Amenities And Facilities

The community boasts a range of facilities including gyms, swimming pools, and retail options nearby, enhancing the residents' quality of life.

Richly Equipped

6. Cost Of Living

While the cost of living in the area can be higher than average, it reflects the amenities and prime location of the building.

Moderately High

7. Things To Do

Residents benefit from a plethora of dining, shopping, and recreational activities in close proximity, adding vibrancy to the neighborhood.

Vibrantly Diverse

8. Noise Levels

Given its location on Sheikh Zayed Road, noise levels can be high, particularly during peak traffic hours.

Noticeably Busy

9. Pet Friendliness

The building allows pets but with some restrictions, making it reasonably accommodating for pet owners.

Moderately 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:

285.9K AED - 345.1K AED

Rent:

24.9K AED - 30.8K AED

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