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Emaar Square Building 5, Downtown Dubai

Emaar Square Building 5, Downtown Dubai

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Strengths

Prime Location

Modern Design

Amenities

Weakens

High Cost

Traffic Congestion

Limited Parking

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Description

Emaar Square Building 5, Downtown Dubai

Real Estate Overview

Building Overview

  • Emaar Square Building 5 is strategically located in the vibrant Downtown Dubai area, known for its iconic skyscrapers and cultural landmarks.
  • The building is surrounded by several amenities, including luxury shopping destinations like the Dubai Mall and a variety of restaurants offering diverse cuisines.
  • Residents enjoy easy access to public transportation, with the Dubai Metro and bus stations nearby, making commuting simple and convenient.
  • Nearby landmarks include the Burj Khalifa and the Dubai Fountain, which enhance the appeal of the location.

Properties Overview

  • The residential units in Emaar Square Building 5 range from stylish studios to spacious three-bedroom apartments.
  • Popular listings typically highlight modern designs and high-quality finishes, attracting both renters and buyers.
  • Average rental prices range from AED 80,000 to AED 150,000 per annum, while units on sale see prices between AED 1.2 million and AED 3 million.

Market Trends

  • The rental market has shown a steady increase in demand, with average rental yields hovering around 6-7%, making it an attractive investment option.
  • In the past year, property values have appreciated due to the expanding development in Downtown Dubai and the Expo 2020 legacy.
  • Future market expectations remain positive, with continued interest from both local and foreign investors.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to numerous supermarkets, quality schools, and healthcare facilities within a short distance, ensuring essential services are easily reachable.
  • Notable healthcare facilities nearby include the American Hospital and Mediclinic, providing a range of healthcare services.

Transportation and Accessibility

  • Public transportation options include the Dubai Metro's Burj Khalifa/Dubai Mall station and several bus routes that connect the building to key areas of the city.
  • Ample parking spaces are available for residents and visitors, enhancing accessibility.

Lifestyle Amenities

  • Emaar Square Building 5 features state-of-the-art gyms, swimming pools, and wellness facilities that promote an active lifestyle.
  • The surrounding area boasts a wealth of dining options, luxury hotels, and vibrant nightlife, catering to diverse lifestyles.

Builing Facilities

  • The building is equipped with modern security systems, high-speed elevators, and central air conditioning.
  • Comprehensive maintenance services ensure that common areas and facilities are well-maintained at all times.

Special Services

  • Residents benefit from concierge services and dedicated guest reception, enhancing the living experience.
  • Business centers and meeting rooms cater to professionals who require workspaces within a residential setting.

Planning Your Move or Investment

Floor Plans and Property Types

  • A range of floor plans is available, tailored to suit individual preferences, from compact units for singles to larger family-friendly configurations.

Things to Consider

  • Potential residents and investors should evaluate factors such as proximity to their workplace, lifestyle preferences, and budget before making a property decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Emaar Square Building 5 hosts regular community events, social gatherings, and cultural festivities that promote interaction among residents.

Community Identity

  • The building combines luxury living with a community feel, featuring artistic installations and green spaces that reflect the essence of Downtown Dubai.

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Detailed Buiding Insights

1. Family Friendliness

The community is vibrant and offers various family-oriented activities and facilities, such as parks and play areas, making it ideal for families with children.

Exceptionally Welcoming

2. Living Options

Emaar Square Building 5 provides a mix of living options which cater to different preferences, including spacious apartments and luxury finishes, appealing to a wide range of residents.

Broadly Diverse

3. Safety And Security

The area is monitored with high-quality security measures including 24-hour surveillance and controlled access points, ensuring a safe environment for all residents.

Remarkably Secure

4. Transportation

Emaar Square is well-connected to major transport routes and public transport services, though some private access may be needed for certain locations.

Moderately Convenient

5. Amenities And Facilities

The community boasts excellent amenities including swimming pools, gyms, cafes, and retail outlets, enhancing the overall living experience for residents.

Richly Equipped

6. Cost Of Living

While the cost of living is higher than in some areas of Dubai, the value provided by amenities and location delivers a balanced living experience.

Relatively Balanced

7. Things To Do

Plenty of leisure, dining, and entertainment options nearby, including world-class shopping districts, cultural places, and recreational areas.

Vibrantly Diverse

8. Noise Levels

Though located in a bustling part of the city, the building itself is well insulated, resulting in a quiet and serene living environment.

Generally Peaceful

9. Pet Friendliness

The community allows pets and offers pet-friendly facilities, ensuring a welcoming environment 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:

275.1K AED - 376.8K AED

Rent:

20.4K AED - 30.1K AED

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