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Armani Residence, Downtown Dubai

Armani Residence, Downtown Dubai

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Strengths

Luxury Design

Prime Location

High-Quality Amenities

Weakens

High Cost

Limited Public Transport

Noise Levels

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Description

Armani Residence, Downtown Dubai

Real Estate Overview

Building Overview

  • Armani Residence is a luxurious property located in the iconic Downtown Dubai, directly linked to the Burj Khalifa and Dubai Mall.
  • Surrounded by stunning architecture and vibrant nightlife, residents enjoy a blend of elegance and modernity.
  • Proximity to major attractions and easy access to public transport makes it a highly sought-after location.

Properties Overview

  • The building boasts a selection of upscale apartments, including one, two, and three-bedroom units designed by the renowned fashion designer Giorgio Armani.
  • Rental prices generally range from AED 160,000 to AED 500,000 annually, depending on the unit size and view.
  • Property sales are competitive, with prices typically between AED 3.5 million to AED 8 million, attracting both investors and high-end buyers.

Market Trends

  • Recent data indicates a steady increase in property value, with a significant rise in rental demand due to the tourism boom in Dubai.
  • The ROI for investors averages around 6-8%, reflecting a healthy rental market in the area.
  • Experts predict continued growth as Dubai positions itself as a global hub for tourism and business.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to various essential services, including supermarkets, world-class schools, and top-tier healthcare facilities like hospitals and clinics.

Transportation and Accessibility

  • Public transportation options include the Dubai Metro, buses, and taxis, making commutes easy and convenient.
  • Ample parking spaces are also available for residents and guests.

Lifestyle Amenities

  • The residence features state-of-the-art fitness centers, swimming pools, restaurants offering exquisite dining options, and nearby luxury hotels.
  • Outdoor activities include parks and the scenic waterfront, perfect for leisurely strolls.

Builing Facilities

  • The building is equipped with high-speed elevators, round-the-clock security services, central air conditioning, and dedicated maintenance support for residents.

Special Services

  • Exclusive concierge services, guest accommodations, and business centers are available to meet the luxurious lifestyle demands of residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • Various layouts are available, catering to different preferences, including spacious living areas and stunning balcony options for all units.

Things to Consider

  • Potential tenants and buyers should evaluate the specific location benefits, overall property management, and community regulations before making a commitment.

Useful FAQs and Support

Events and Building Life

Building Events

  • The community often hosts social gatherings, cultural events, and networking opportunities, promoting a sense of camaraderie among residents.

Community Identity

  • Armani Residence stands out for its exclusive design aesthetic, reflecting luxury and sophistication that complements its vibrant surroundings.

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Detailed Buiding Insights

1. Family Friendliness

Armani Residence offers spacious living accommodations and engaging children’s programs, making it a great choice for families. The presence of a child-friendly environment enhances its appeal.

Exceptionally Welcoming

2. Living Options

The residences feature unique designs and premium finishes, offering a range of luxurious apartments that cater to high-end living preferences.

Luxuriously Exclusive

3. Safety And Security

With 24/7 security personnel and cutting-edge surveillance systems, residents can rest assured in a highly secure environment.

Remarkably Secure

4. Transportation

Located in Downtown Dubai, residents benefit from easy access to public transportation, including the nearby metro, plus convenient road access to major highways.

Highly Convenient

5. Amenities And Facilities

The property boasts a range of amenities such as a fitness center, swimming pool, spa, and gourmet dining options, providing an all-encompassing luxurious lifestyle.

Richly Equipped

6. Cost Of Living

While the cost of living is higher than some other areas, the quality of living, luxury amenities, and prime location make it justified for many residents.

Premium but Justified

7. Things To Do

Downtown Dubai is packed with attractions including the Burj Khalifa, Dubai Mall, and vibrant nightlife, offering residents a wealth of activities to enjoy.

Vibrantly Diverse

8. Noise Levels

The residence is designed to minimize noise, providing a tranquil living environment despite its proximity to bustling city life.

Generally Peaceful

9. Pet Friendliness

The community permits pets and is designed to be accommodating for pet owners, though there are some restrictions on pet types and sizes.

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:

217.1K AED - 388.2K AED

Rent:

21.5K AED - 34.7K AED

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