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The Address Dubai Mall, Downtown Dubai

The Address Dubai Mall, Downtown Dubai

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Strengths

Prime Location

Luxurious Amenities

Exceptional Service

Weakens

High Prices

Crowded during Peak Seasons

Limited Parking

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Description

The Address Dubai Mall, Downtown Dubai

Real Estate Overview

Building Overview

  • The Address Dubai Mall is a prestigious development located in the heart of Downtown Dubai, adjacent to the iconic Dubai Mall.
  • This elegantly designed building offers residents unparalleled access to luxury retail, dining, and entertainment options.
  • The strategic location provides excellent connectivity to key areas via the Dubai Metro and main road networks.

Properties Overview

  • The building features a range of luxury apartments, including one, two, and three-bedroom units, appealing to both renters and buyers.
  • Rental prices for apartments typically range from AED 90,000 per year for one-bedroom units to AED 250,000 per year for larger apartments.
  • Sales prices for sought-after units start around AED 1.5 million and can reach upwards of AED 5 million, depending on the size and view.

Market Trends

  • The rental market has shown stability, with a year-on-year increase of approximately 5% in rental prices.
  • Sales trends indicate a rising interest, with expected increases in property values due to continued development in Downtown Dubai.
  • Investors can anticipate a return on investment (ROI) of about 6-8%, making it a solid choice for both living and investing.

Living and Investing in the Building

Amenities, Schools, and Healthcare

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

Transportation and Accessibility

  • Public transport options are abundant, with the Dubai Metro providing efficient access to the wider city.
  • Ample parking spaces are available for residents and visitors, enhancing accessibility.

Lifestyle Amenities

  • The building boasts luxury amenities such as a state-of-the-art gym, swimming pool, spa, and several fine dining restaurants.
  • Residents can also enjoy recreational activities and vibrant nightlife options nearby.

Builing Facilities

  • Key facilities include high-speed elevators, 24/7 security, central air conditioning, and comprehensive maintenance services.

Special Services

  • Unique offerings include dedicated concierge services, guest support, business centers, and exclusive rooftop lounges.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of layouts are available, catering to diverse preferences, whether for singles, families, or expatriates.

Things to Consider

  • Potential tenants and buyers should evaluate factors such as proximity to amenities, potential for property appreciation, and lifestyle fit.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents can participate in social events, community gatherings, and wellness programs that foster a strong sense of community within the building.

Community Identity

  • The Address Dubai Mall embodies luxury and sophistication, offering a vibrant lifestyle that attracts a diverse resident demographic.

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Detailed Buiding Insights

1. Family Friendliness

The Address Dubai Mall offers family-friendly amenities such as spacious rooms, a children's club, and proximity to attractions like the Dubai Aquarium, making it an ideal destination for families.

Exceptionally Welcoming

2. Living Options

The community features a wide range of luxurious living options, from serviced apartments to upscale hotels, catering to various tastes and preferences.

Luxuriously Diverse

3. Safety And Security

This area is equipped with advanced security measures, including surveillance systems and 24/7 security personnel, ensuring a safe environment for residents and visitors.

Remarkably Secure

4. Transportation

With easy access to the Dubai Metro and major roadways, The Address Dubai Mall provides excellent transportation options for commuting around the city.

Highly Convenient

5. Amenities And Facilities

The property boasts a wide array of amenities such as a fitness center, spa, pools, and direct access to the largest shopping mall in the world, offering unparalleled convenience.

Richly Equipped

6. Cost Of Living

While the cost of living is on the higher side due to the luxurious nature of the accommodations and location, it balances well with the high-quality lifestyle and amenities provided.

Premium, Yet Balanced

7. Things To Do

The locale is filled with entertainment options, from shopping and dining to cultural attractions, making it an exciting place to explore and enjoy.

Vibrantly Diverse

8. Noise Levels

Despite being in a bustling area, The Address Dubai Mall has soundproof rooms and offers quiet zones, allowing for a peaceful living experience.

Generally Peaceful

9. Pet Friendliness

While the hotel is not specifically pet-centric, it does accommodate pets with certain restrictions, making it moderately friendly for pet owners.

Moderately 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:

210.5K AED - 354.5K AED

Rent:

22.1K AED - 33.9K AED

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