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Society House, Downtown Dubai

Society House, Downtown Dubai

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Strengths

Prime Location

Modern Amenities

Eco-Friendly Design

Weakens

High Maintenance Costs

Limited Parking

Noise Levels

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Description

Society House, Downtown Dubai

Real Estate Overview

Building Overview

  • Society House is a premier building located in the heart of Downtown Dubai, offering luxury living with modern architecture.
  • It is situated close to major attractions such as the Burj Khalifa and Dubai Mall, providing residents with convenient access to shopping, dining, and entertainment options.
  • The building is well-connected by Dubai's extensive public transport network, including the Dubai Metro and bus services.

Properties Overview

  • The building features an array of residential units, including studio, one-bedroom, and two-bedroom apartments, appealing to both renters and buyers.
  • Typical rental prices range from AED 80,000 to AED 160,000 annually, while sales prices for similar units vary between AED 1.2 million and AED 3 million.
  • Popular units often include those with panoramic views of the Burj Khalifa or the Dubai Fountain.

Market Trends

  • The real estate market in Downtown Dubai has shown consistent demand, with rental prices increasing by approximately 5% over the past year.
  • Return on investment (ROI) for rental properties in the area averages around 6-7%, making it an attractive market for investors.
  • Future projections indicate continued growth, influenced by a recovering economy and upcoming international events in Dubai.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have easy access to various supermarkets, including Carrefour and Spinneys, along with reputable schools like Dubai International School.
  • Healthcare facilities such as the Mediclinic City Hospital and American Hospital Dubai are located within a short drive, ensuring comprehensive medical support.

Transportation and Accessibility

  • Society House benefits from proximity to public transport options, with the Burj Khalifa/Dubai Mall Metro station within walking distance.
  • Ample parking facilities are available for residents and their guests, with easy access to major highways.

Lifestyle Amenities

  • The building boasts lifestyle features like a state-of-the-art gym, rooftop pool, and zen gardens for relaxation.
  • Numerous dining options nearby range from casual eateries to high-end restaurants, offering diverse culinary experiences.

Builing Facilities

  • Key facilities include high-speed elevators, round-the-clock security, central air conditioning, and professional maintenance services.

Special Services

  • Residents enjoy premium services such as concierge assistance, guest reception, business centers, and dedicated fitness classes.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, catering to different preferences, from open-concept studios to spacious two-bedroom apartments.

Things to Consider

  • Potential residents and investors should assess location benefits, building amenities, and property management quality before making decisions.
  • It's advisable to review the rental history or ROI potential to ensure a wise investment.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular events promote a sense of community among residents, including seasonal gatherings, fitness classes, and movie nights.

Community Identity

  • Society House is distinguished by its commitment to a vibrant lifestyle, featuring an array of cultural and recreational activities that enhance the living experience.

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Detailed Buiding Insights

1. Family Friendliness

Society House features family-oriented amenities, such as children's play areas and nearby schools, which contribute to a strong sense of community and make it ideal for families.

Exceptionally Welcoming

2. Living Options

The living options include various styles of apartments and townhouses that cater to different preferences and family sizes, offering a mix of luxury and affordability.

Broadly Diverse

3. Safety And Security

With 24/7 security and surveillance systems, Society House is regarded as one of the safest neighborhoods in Downtown Dubai.

Remarkably Secure

4. Transportation

Excellent public transport links, including metro stations and bus routes, make commuting convenient for residents.

Easily Accessible

5. Amenities And Facilities

Residents enjoy access to gyms, pools, parks, and other recreational facilities that enhance quality of life.

Richly Equipped

6. Cost Of Living

While affordable options exist, the overall cost of living tends to be above average due to the prime location and luxury offerings.

Relatively High

7. Things To Do

With a plethora of dining, shopping, and entertainment options, Society House provides an exciting lifestyle with numerous activities nearby.

Vibrantly Diverse

8. Noise Levels

While generally quiet, the area can become lively during weekend events and attractions, which may be a consideration for those seeking peace.

Occasionally Lively

9. Pet Friendliness

Many buildings and parks are pet-friendly, and there is a supportive community for pet owners, making it an excellent choice for pet lovers.

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:

260.1K AED - 378.8K AED

Rent:

24.9K AED - 34.6K AED

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