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EIBFS 3 Building, Al Warqaa

EIBFS 3 Building, Al Warqaa

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Strengths

Modern infrastructure

Strategic location

Sustainability initiatives

Weakens

Limited parking space

High maintenance costs

Noise pollution from surrounding area

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Description

EIBFS 3 Building, Al Warqaa

Real Estate Overview

Building Overview

  • EIBFS 3 Building is a contemporary structure located in Al Warqaa, known for its strategic accessibility and proximity to essential amenities.
  • The building enjoys easy access to nearby bus and metro stations, streamlining public transportation options.
  • Local landmarks such as parks, shopping centers, and dining establishments enhance the community vibe surrounding the building.

Properties Overview

  • The building offers a diverse portfolio of rental and sale properties, catering to both individuals and families.
  • Recent trends indicate a steady demand for 1 and 2-bedroom apartments, with rental prices averaging around AED 45,000 to AED 65,000 annually.
  • For those interested in purchasing a unit, average sale prices fluctuate between AED 750,000 and AED 1.2 million, depending on the size and condition of the apartment.

Market Trends

  • In the past year, the rental market displayed stability, with a moderate increase in demand expected to continue over the upcoming months.
  • Investors can anticipate a potential return on investment (ROI) of 7-8%, particularly favorable for long-term rental properties.
  • Market predictions suggest a gradual increase in property values as infrastructure developments continue to expand in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The vicinity of EIBFS 3 Building boasts a variety of supermarkets, making grocery shopping convenient for residents.
  • Several reputable schools and educational institutions are located nearby, catering to families with children.
  • Access to healthcare facilities, including hospitals and clinics, ensures residents have essential medical services at their fingertips.

Transportation and Accessibility

  • The area is well-serviced by public transport, with multiple bus routes and metro stations within walking distance.
  • Parking facilities are available to residents, supporting those who prefer to drive while ensuring ease of access.

Lifestyle Amenities

  • Residents enjoy access to a diverse range of lifestyle amenities, including gyms, fitness centers, and recreational parks.
  • Numerous restaurants and cafes are located nearby, offering a variety of dining options to suit different culinary preferences.
  • Outdoor activities are prevalent, with nearby parks and green spaces providing venues for leisure and relaxation.

Builing Facilities

  • EIBFS 3 Building is equipped with modern elevators, ensuring smooth access to all floors.
  • Robust security measures, including surveillance cameras and security personnel, are in place for resident safety.
  • Central air conditioning systems maintain a comfortable living environment throughout the year.
  • Regular maintenance services ensure that the building and facilities are kept in prime condition.

Special Services

  • Exclusive resident services may include concierge assistance and guest support.
  • Business centers within the building provide spaces for meetings and professional engagements, catering to business residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building features a variety of floor plans, including studios, 1-bedroom, and 2-bedroom apartments to suit different living preferences.
  • Units are designed with modern aesthetics in mind, promoting a comfortable and stylish living experience.

Things to Consider

  • Potential tenants and buyers should consider proximity to public transport, schools, and healthcare facilities when evaluating options.
  • It's essential to assess the building's amenities and overall community vibe before making a commitment.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents can participate in regular events and social gatherings aimed at fostering community connections within EIBFS 3 Building.
  • Such events offer an excellent opportunity for residents to engage with their neighbors and build lasting relationships.

Community Identity

  • EIBFS 3 Building stands out for its modern architecture and eco-friendly initiatives, contributing to a sustainable urban environment.
  • The building may host cultural events that celebrate the diversity of its residents, enhancing its unique community identity.

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Detailed Buiding Insights

1. Family Friendliness

The EIBFS 3 Building is situated in a family-friendly neighborhood with parks, schools, and childcare facilities nearby, making it ideal for families.

Exceptionally Welcoming

2. Living Options

Several apartment types are available, catering to different family sizes and preferences, with flexible leasing options.

Broadly Diverse

3. Safety And Security

The building has 24/7 security personnel, CCTV surveillance, and controlled access, contributing to a high sense of security.

Remarkably Secure

4. Transportation

While public transport is available, access to major highways can be congested during peak hours, creating some inconvenience.

Moderately Convenient

5. Amenities And Facilities

On-site amenities include a gym, pool, children's play area, and communal spaces that cater to a range of activities and lifestyles.

Richly Equipped

6. Cost Of Living

Cost of living in this area is moderate, with reasonable rent prices given the amenities and family-friendly environment.

Relatively Balanced

7. Things To Do

Nearby attractions include shopping centers, restaurants, and cultural sites offering a variety of activities for all ages.

Vibrantly Diverse

8. Noise Levels

The area is mostly quiet, with minimal street noise, although occasional sounds from nearby amenities can be heard.

Generally Peaceful

9. Pet Friendliness

The building has pet-friendly policies and nearby parks for walking pets, making it suitable 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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Local Information

Buy:

215.8K AED - 305.4K AED

Rent:

21K AED - 32.2K AED

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