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The Millennium Plaza Hotel Dubai, Sheikh Zayed Road

The Millennium Plaza Hotel Dubai, Sheikh Zayed Road

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Strengths

Prime Location

Modern Amenities

Excellent Customer Service

Weakens

Higher Price Range

Parking Challenges

Noise Levels

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Description

The Millennium Plaza Hotel Dubai, Sheikh Zayed Road

Real Estate Overview

Building Overview

  • Millennium Plaza Hotel is strategically positioned on Sheikh Zayed Road, offering breathtaking views of the Dubai skyline.
  • Nearby attractions include the iconic Burj Khalifa, Dubai Mall, and the Dubai World Trade Centre.
  • Well-connected by public transport, including the Dubai Metro, facilitating easy access to various parts of the city.
  • The hotel's modern architecture distinguishes it from other nearby properties, enhancing its appeal for both residents and visitors.

Properties Overview

  • The building features a mix of luxury hotel apartments and serviced units, catering to the high-demand rental market.
  • Typical rental prices range from AED 8,000 to AED 18,000 per month, depending on unit size and view.
  • For buyers, properties in Millennium Plaza Hotel generally sell between AED 1.5 million and AED 3 million, reflecting premium living standards.

Market Trends

  • The rental market remains robust, with a steady demand for furnished apartments, particularly from expatriates and business travelers.
  • Sales trends indicate a growing interest in investment opportunities, making it a favorable time for buyers looking for substantial returns.
  • The expected ROI for investors stands at around 7-10%, a promising figure in the Dubai real estate landscape.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Convenient access to essential services, including supermarkets like Carrefour and Spinneys, along with various schools and hospitals in close proximity.
  • Nearby healthcare facilities include prominent hospitals such as Mediclinic and Saudi German Hospital.

Transportation and Accessibility

  • Excellent connectivity with public transport options, including both the metro and bus services, ensuring hassle-free commuting.
  • Ample parking spaces available for residents and guests, with easy access to major road networks.

Lifestyle Amenities

  • Residents enjoy access to a well-equipped gym, spa facilities, several fine dining restaurants, and vibrant cafes within the hotel.
  • Outdoor activities are plentiful, with parks and recreational areas located within a short driving distance.

Builing Facilities

  • Key features include high-speed elevators, 24/7 security surveillance, and centralized air conditioning systems.
  • Professional maintenance services ensure that all facilities are well-maintained and user-friendly.

Special Services

  • Concierge services are available to assist residents with bookings, travel arrangements, and inquiries.
  • Business centers provide essential support for both professionals and virtual offices, enhancing work-life balance.

Planning Your Move or Investment

Floor Plans and Property Types

  • A range of floor plans are available, including studios, one-bedroom, and two-bedroom apartments designed for diverse lifestyles.
  • Units feature modern finishes and spacious layouts tailored to both short-term and long-term stays.

Things to Consider

  • Prospective tenants and buyers should evaluate their budget, preferences for unit size and view, and the length of desired stay.
  • Consider the amenities offered and how they align with personal lifestyle needs.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events, such as seasonal celebrations and network meetings, foster a sense of belonging among residents.
  • The hotel often hosts various cultural events, enhancing social engagement and interaction.

Community Identity

  • The Millennium Plaza Hotel stands out for its premium hospitality standards and luxurious facilities, embodying the vibrant spirit of Dubai.
  • Unique features include its stunning architecture and a variety of artistic tributes throughout the property, making it a cultural landmark.

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Detailed Buiding Insights

1. Family Friendliness

The hotel offers family-sized accommodations, children’s programs, and amenities that cater to families. The staff is trained to assist families with children, ensuring a comfortable stay.

Welcoming and Family-Oriented

2. Living Options

The Millennium Plaza offers a range of living options, including luxurious suites and rooms with different capacities, suitable for various family sizes or groups, contributing to a diverse living experience.

Diverse and Accommodating

3. Safety And Security

The hotel is equipped with 24-hour security, surveillance cameras, and controlled access points, ensuring guests feel safe and secure at all times.

Highly Secure

4. Transportation

Located on Sheikh Zayed Road, the hotel offers easy access to public transportation, taxis, and major highways, making it convenient for guests to travel throughout Dubai.

Extremely Convenient

5. Amenities And Facilities

The hotel boasts a variety of high-end amenities, including a fitness center, spa, swimming pool, and multiple dining options that cater to diverse tastes and preferences.

Luxuriously Equipped

6. Cost Of Living

While the hotel offers luxurious accommodations, prices can be higher compared to budget options in the area, but the value provided through service and amenities justifies the cost.

Moderately Priced Luxuries

7. Things To Do

Situated close to major attractions in Dubai, guests have a plethora of activities available, from shopping to cultural experiences, making the location vibrant and engaging.

Richly Engaging

8. Noise Levels

Although located on a busy road, the hotel has soundproofing measures in place, providing a peaceful environment for guests to relax, with minimal disturbances.

Generally Peaceful

9. Pet Friendliness

The hotel allows pets with certain restrictions and deposits, making it moderately friendly for pet owners, though not primarily designed for this purpose.

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:

267.5K AED - 392.2K AED

Rent:

22.7K AED - 31.9K AED

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