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South Ridge 1, Downtown Dubai

South Ridge 1, Downtown Dubai

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Strengths

Prime Location

Modern Amenities

Stunning Views

Weakens

High Maintenance Costs

Traffic Congestion

Limited Parking

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Description

South Ridge 1, Downtown Dubai

Real Estate Overview

Building Overview

  • South Ridge 1 is strategically located in the vibrant Downtown Dubai area, offering stunning views of the Burj Khalifa and the Dubai Fountain.
  • This building is part of a well-planned community, with easy access to retail and dining options at Dubai Mall, as well as cultural landmarks such as the Dubai Opera.
  • Public transportation options are readily available, including the Dubai Metro, which seamlessly connects residents to the broader city.

Properties Overview

  • This residential tower features a variety of units, from exquisite one-bedroom apartments to spacious three-bedroom homes.
  • Current rental prices range from AED 85,000 to AED 160,000 per year, while sales prices typically start around AED 1.5 million and can go up to AED 3 million, depending on the unit's size and view.
  • Units with direct fountain views are particularly sought after, generating higher rental and purchase interest.

Market Trends

  • In recent years, Downtown Dubai has shown a stable rental yield of around 6-8%, attracting both local and foreign investors.
  • Sales prices have seen a modest rise, reflecting the high demand for properties in this prime location, with forecasted growth expected to continue as more developments are completed in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from close proximity to essential amenities, including supermarkets like Carrefour, international schools, and healthcare facilities including Mediclinic and Emirates Hospital.
  • The neighborhood features numerous parks and recreational areas, providing a perfect environment for families.

Transportation and Accessibility

  • The building enjoys excellent connectivity with multiple public transportation options, including the nearby metro station and ample taxi services.
  • With well-planned roads, residents can easily access key destinations within Dubai, ensuring convenience and ease of movement.

Lifestyle Amenities

  • Luxury lifestyle features include a state-of-the-art gym, swimming pool, children's play areas, and a barbecue deck.
  • A variety of dining options encompass international cuisines and trendy cafes within walking distance, enriching the living experience.

Builing Facilities

  • South Ridge 1 offers modern facilities such as high-speed elevators, 24-hour security, central air conditioning, and dedicated maintenance services.
  • Common areas are thoughtfully designed for comfort and accessibility, enhancing the overall living experience.

Special Services

  • The building includes unique services such as a dedicated concierge and guest services, ensuring residents' needs are promptly and efficiently met.
  • Additionally, business centers and meeting rooms are available for residents needing workspace amenities.

Planning Your Move or Investment

Floor Plans and Property Types

  • There’s a diverse range of floor plans available, tailored to accommodate different lifestyles and family sizes, from compact one-bedroom apartments to expansive three-bedroom layouts.

Things to Consider

  • Prospective tenants and buyers should consider factors such as proximity to work, accessibility to amenities, and the overall lifestyle environment before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents at South Ridge 1 often engage in community-oriented events, including holiday celebrations, fitness classes, and social gatherings that foster a strong sense of belonging.
  • Regular community updates keep residents informed about upcoming activities and opportunities to meet neighbors.

Community Identity

  • What sets South Ridge 1 apart is its modern architectural design complemented by its iconic location, making it a prestigious address in Dubai.
  • The building also fosters a sense of community through shared amenities and events, enhancing the quality of life for its residents.

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Detailed Buiding Insights

1. Family Friendliness

South Ridge 1 offers a family-oriented environment with spacious apartments, proximity to parks and recreational areas, and a strong sense of community, making it very welcoming for families.

Exceptionally Welcoming

2. Living Options

The community provides a variety of living options, including modern high-rise apartments with different layouts, sizes, and views, catering to diverse preferences and needs.

Broadly Diverse

3. Safety And Security

The South Ridge 1 community benefits from a robust security system including 24-hour surveillance, gated access, and on-site security personnel, ensuring a safe environment for residents.

Remarkably Secure

4. Transportation

Located in Downtown Dubai, South Ridge 1 is well-connected to public transportation, with easy access to the metro and bus services, making it convenient for commuting.

Extremely Convenient

5. Amenities And Facilities

Residents can enjoy a wide range of amenities, including swimming pools, gyms, children's play areas, and landscaped gardens, enhancing the overall living experience.

Richly Equipped

6. Cost Of Living

While the cost of living in South Ridge 1 is higher than average due to its prime location, the amenities, quality of life, and properties justify the expense for many residents.

Relatively High

7. Things To Do

The area offers a plethora of activities, from cultural attractions like the Dubai Opera to shopping at Dubai Mall and a variety of dining options, ensuring there's always something to do.

Vibrantly Diverse

8. Noise Levels

Despite being located in a bustling city center, the design of South Ridge 1 includes soundproofing measures, and many residences enjoy views of serene green spaces, contributing to a peaceful atmosphere.

Generally Peaceful

9. Pet Friendliness

South Ridge 1 is known for being pet-friendly with numerous parks nearby and accommodating policies for pet owners, allowing residents to enjoy life with their furry companions.

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:

266.7K AED - 399.3K AED

Rent:

24K AED - 32.2K AED

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