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The Galleries 1, Downtown Jebel Ali

The Galleries 1, Downtown Jebel Ali

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Strengths

Modern architectural design

Proximity to public transport

On-site amenities

Weakens

Higher rental prices

Limited parking spaces

Noise from nearby construction

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Description

The Galleries 1, Downtown Jebel Ali

Real Estate Overview

Building Overview

  • The Galleries 1 is a modern residential development nestled in the vibrant area of Downtown Jebel Ali, characterized by its contemporary architecture and innovative design.
  • Situated close to key landmarks and facilities, residents enjoy convenient access to shopping areas, recreational parks, and dining options.
  • Excellent connectivity to public transportation options, including nearby metro stations, enhances mobility throughout Dubai.
  • The building is strategically located near other significant structures, providing a favorable comparison in terms of amenities and lifestyle offerings.

Properties Overview

  • The property features a diverse selection of residential units, including studios, one-bedroom, and two-bedroom apartments, appealing to both renters and buyers.
  • Popular units often boast modern finishes, spacious balconies, and stunning city views.
  • Rental prices typically range from AED 55,000 to AED 90,000 per year, depending on the unit size and specifications.
  • Sale prices for properties in The Galleries 1 generally attract buyers looking for investments, with average prices around AED 800,000 to AED 1.5 million.

Market Trends

  • The real estate market in Downtown Jebel Ali has seen a steady rise in rental prices, with an annual increase of approximately 5% over the past year.
  • Sales trends indicate a growing interest in properties within this area, driven by favorable economic conditions and infrastructure developments.
  • Potential buyers can project a healthy Return on Investment (ROI) of around 6-8%, making it an attractive option for real estate investment.
  • Market forecasts suggest continued growth, with expected demand for residential units remaining strong due to ongoing urban developments and expatriate inflow.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to a variety of supermarkets, schools, hospitals, and clinics, providing essential services for families and individuals.
  • Notable educational institutions in the vicinity cater to various curricula, enhancing the appeal for families with children.

Transportation and Accessibility

  • Convenient public transportation options, including buses and metro stations, facilitate easy travel within Dubai.
  • Ample parking spaces are available for residents and visitors, ensuring ease of access to the building.

Lifestyle Amenities

  • A host of lifestyle amenities, including fitness centers, dedicated recreational areas, restaurants, and cafes, promote a healthy and active lifestyle.
  • Nearby parks and community areas encourage outdoor activities and foster community engagement.

Builing Facilities

  • The Galleries 1 is equipped with state-of-the-art facilities such as high-speed elevators, 24/7 security services, and centralized air conditioning.
  • Comprehensive maintenance services ensure that the building's amenities are well-maintained for residents.

Special Services

  • Unique offerings include concierge services, guest accommodation options, and well-equipped business centers to support both leisure and professional needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of thoughtfully designed floor plans are available, catering to diverse needs and preferences of potential tenants and buyers.

Things to Consider

  • Key factors to evaluate before making a rental or purchase decision include budget constraints, unit size, layout preferences, and proximity to essential services and amenities.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regularly scheduled social events and community gatherings foster a vibrant community atmosphere within The Galleries 1, encouraging resident interaction and engagement.

Community Identity

  • The building stands out for its contemporary design and community-focused environment, offering a unique blend of urban lifestyle and comfortable living.

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Detailed Buiding Insights

1. Family Friendliness

The Galleries 1 offers a family-oriented environment with spacious apartments, parks, and playgrounds nearby, making it ideal for families with children.

Exceptionally Welcoming

2. Living Options

The community features a range of living options, including apartments with varying sizes and layouts, accommodating different lifestyles and family sizes.

Broadly Diverse

3. Safety And Security

The area is monitored by 24/7 security personnel and features controlled access points, contributing to a strong sense of safety among residents.

Remarkably Secure

4. Transportation

While public transportation options are limited, the community is conveniently located near major roadways, providing easy access to surrounding areas and attractions.

Moderately Convenient

5. Amenities And Facilities

Residents enjoy a variety of amenities including swimming pools, gyms, retail outlets, and close proximity to schools and healthcare facilities.

Richly Equipped

6. Cost Of Living

The cost of living in The Galleries 1 is considered balanced for the quality of life provided, with reasonable housing prices relative to amenities and location.

Relatively Balanced

7. Things To Do

There are numerous recreational activities available, from local eateries to parks and community events, catering to a variety of interests.

Vibrantly Diverse

8. Noise Levels

The community is relatively quiet, benefiting from well-designed building acoustics and landscaping that minimizes noise pollution.

Generally Peaceful

9. Pet Friendliness

The community offers pet-friendly facilities and parks, making it welcoming for residents with pets.

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:

229.9K AED - 358.7K AED

Rent:

24.6K AED - 32.1K AED

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