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Shiba Towers Block E, Academic City

Shiba Towers Block E, Academic City

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Strengths

Modern architectural design

Proximity to educational institutions

Excellent amenities

Weakens

High rental costs

Limited parking space

Noise levels

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Description

Shiba Towers Block E, Academic City

Real Estate Overview

Building Overview

  • Shiba Towers Block E is situated in the vibrant Academic City, known for its educational institutions and technology hubs. This modern building offers a blend of convenience and luxury, making it ideal for students and professionals alike.
  • The tower is strategically placed near essential amenities such as shopping centers, cafes, and parks, with easy access to transportation links, enhancing its appeal compared to neighboring buildings.

Properties Overview

  • The property offers a mix of rental and sale units, catering to various budgets and lifestyles.
  • Typical rental prices range from AED 2,500 to AED 5,000 per month, while sales prices average between AED 450,000 and AED 1,000,000 depending on size and layout.
  • Popular unit types include one-bedroom and two-bedroom apartments with modern finishes and spacious layouts.

Market Trends

  • Market data indicates a steady increase in rental prices over the past year, reflecting a growing demand in Academic City.
  • Homebuyers can expect a return on investment (ROI) around 6-8%, making it an attractive option for investors.
  • Future trends suggest continued growth in both rental and sales markets, driven by ongoing infrastructure developments in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to several educational institutions, including universities and colleges, as well as essential services.
  • Nearby healthcare facilities include clinics and hospitals, ensuring access to medical services.

Transportation and Accessibility

  • The building is well-served by public transportation, with bus stops and metro lines within walking distance.
  • Ample parking spaces are available for residents, providing easy access to the wider city.

Lifestyle Amenities

  • Shiba Towers Block E includes amenities such as a fitness center, swimming pool, and recreational areas.
  • A variety of dining options can be found nearby, enhancing the lifestyle experience for residents.

Builing Facilities

  • Key facilities include high-speed elevators, 24/7 security services, and a centralized air conditioning system.
  • Maintenance services are readily available to ensure the building remains in excellent condition.

Special Services

  • Exclusive services such as concierge assistance and business centers elevate the living experience.
  • Common areas are designed for social interactions, fostering a strong sense of community among residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • Shiba Towers Block E offers a variety of floor plans tailored to meet the needs of both tenants and buyers, including studio units, one-bedroom, and two-bedroom apartments.

Things to Consider

  • Prospective tenants and buyers should consider factors such as proximity to educational institutions, amenities, and transportation options when deciding on a unit.
  • It's advisable to review property management services and community rules.

Useful FAQs and Support

Events and Building Life

Building Events

  • Shiba Towers Block E hosts regular events, including community gatherings and social mixers, promoting a sense of belonging among residents.
  • Seasonal festivities and themed events enrich community engagement.

Community Identity

  • The building is recognized for its contemporary design and commitment to sustainability, incorporating green building practices.
  • Community-driven initiatives and active resident participation contribute to its unique identity.

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Detailed Buiding Insights

1. Family Friendliness

The community offers playgrounds and recreational areas that cater to families, providing a safe and nurturing environment for children.

Exceptionally Welcoming

2. Living Options

A variety of housing options are available, ranging from single-bedroom apartments to larger family units, catering to different needs and budgets.

Broadly Diverse

3. Safety And Security

Enhanced security measures including 24/7 surveillance and gated access contribute to a high sense of safety and confidence among residents.

Remarkably Secure

4. Transportation

Well-connected to major roads and public transport options make commuting to adjacent areas both easy and quick.

Highly Convenient

5. Amenities And Facilities

An abundance of amenities including gyms, communal lounges, and outdoor spaces provide residents with various facilities for leisure and fitness.

Richly Equipped

6. Cost Of Living

Housing costs are competitive for the quality of living offered, making it an attractive option for many families and professionals.

Relatively Balanced

7. Things To Do

A wide range of recreational and cultural activities are available nearby, including shopping centers, cafes, and parks ensuring plenty of entertainment.

Vibrantly Diverse

8. Noise Levels

Most residential units are situated away from busy roads, ensuring lower noise levels, which enhances the living experience.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly, with many parks and open spaces for pets to enjoy, along with regulations that support responsible pet ownership.

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:

246.9K AED - 327.8K AED

Rent:

24.3K AED - 31.3K AED

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