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Royal Residence 1, Dubai Sports City

Royal Residence 1, Dubai Sports City

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Strengths

Prime Location

Modern Amenities

High-Quality Construction

Weakens

High Maintenance Fees

Limited Parking Space

Occasional Noise Issues

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Description

Royal Residence 1, Dubai Sports City

Real Estate Overview

Building Overview

  • Royal Residence 1 is a modern residential building situated in the vibrant Dubai Sports City, known for its sports-centric community and state-of-the-art facilities.
  • It is easily accessible, located near major highways and public transportation links, ensuring convenient connectivity to the rest of Dubai.
  • Adjacent to various entertainment venues, parks, and shopping destinations, the building offers a great balance of leisure and lifestyle.

Properties Overview

  • The development features a mix of studio, one-bedroom, and two-bedroom apartments, catering to a diverse range of residents.
  • Rental prices for units typically range from AED 40,000 to AED 90,000 annually, while purchasing options may vary from AED 550,000 to AED 1,200,000 depending on the unit's size and layout.

Market Trends

  • The Dubai real estate market has shown resilience, with a slight increase in both rental and sales prices over the past year, indicating a healthy demand for properties in the Dubai Sports City area.
  • Investors can expect a favorable return on investment (ROI) ranging from 7% to 9%, making Royal Residence 1 a promising opportunity for both living and investing.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Royal Residence 1 is surrounded by essential services, including several grocery stores, reputed schools, and healthcare facilities such as pharmacies and clinics, ensuring convenience for families.

Transportation and Accessibility

  • The building benefits from ample parking space and proximity to public transport, including buses and the Dubai Metro, making daily commuting effortless.

Lifestyle Amenities

  • Residents can enjoy a variety of lifestyle amenities, including fully equipped gyms, swimming pools, and proximity to numerous dining options and entertainment venues.

Builing Facilities

  • The building features modern amenities such as high-speed elevators, 24/7 security, central air conditioning, and dedicated maintenance services to ensure a comfortable living environment.

Special Services

  • Concierge services and guest reception areas provide added convenience, while common facilities include lounges and recreational areas, enhancing the overall living experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • Royal Residence 1 offers various floor plans, including open-concept studios and spacious two-bedroom apartments, designed to meet the demands of various lifestyles.

Things to Consider

  • Prospective tenants and buyers should consider factors such as proximity to workplaces, lifestyle amenities, community atmosphere, and budgetary constraints.

Useful FAQs and Support

Events and Building Life

Building Events

  • Royal Residence 1 encourages community engagement through regular events and social gatherings, fostering a sense of belonging among residents.

Community Identity

  • What sets Royal Residence 1 apart is its blend of luxury living and an active lifestyle, backed by a community-focused atmosphere that appeals to both families and young professionals.

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Detailed Buiding Insights

1. Family Friendliness

Royal Residence 1 offers a family-friendly environment with spacious apartments and close proximity to parks and recreational facilities, making it ideal for families.

Exceptionally Welcoming

2. Living Options

The community features a variety of living options, including 1, 2, and 3-bedroom apartments, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The development includes 24/7 security personnel and surveillance, ensuring a safe environment for residents.

Remarkably Secure

4. Transportation

While there are public transportation options nearby, residents rely primarily on personal vehicles, which may be a consideration for some.

Moderately Convenient

5. Amenities And Facilities

The community boasts a range of amenities, including a gym, swimming pool, and children’s play area, enhancing residents' quality of life.

Richly Equipped

6. Cost Of Living

Housing prices are competitive within Dubai Sports City, offering good value for the amenities and facilities provided.

Relatively Balanced

7. Things To Do

Residents enjoy access to sports facilities, shopping areas, and entertainment options, making it a lively place to live.

Vibrantly Diverse

8. Noise Levels

The community is designed with soundproofing and landscaping that help maintain a tranquil environment despite being in a bustling area.

Generally Peaceful

9. Pet Friendliness

The community allows pets and features green spaces where residents can walk their dogs, creating a welcoming atmosphere 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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Schools

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Local Information

Buy:

275.7K AED - 329.9K AED

Rent:

22K AED - 30.6K AED

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