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MEENA BAZAAR, BUR DUBAI

MEENA BAZAAR, BUR DUBAI

3.89/5
(Based on 9 building reviews)
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Overall Niche Grade

3.89 / 5

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Strengths

Vibrant Cultural Experience

Diverse Shopping Options

Excellent Food Variety

Weakens

Limited Parking

Crowded during Weekends

Inconsistent Quality

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Description

Real Estate Overview

Community Overview

  • Meena Bazaar is a vibrant market area located in Bur Dubai, known for its rich cultural heritage.
  • The community boasts a mix of residential and commercial spaces, providing easy access to a variety of shops, restaurants, and local landmarks.
  • Its strategic location ensures excellent connectivity through public transport, with nearby metro stations and bus services making commuting convenient.
  • Comparatively, Meena Bazaar features a unique blend of traditional markets and modern amenities, standing out from other bustling neighborhoods in Dubai.

Properties Overview

  • The real estate landscape in Meena Bazaar includes a diverse range of rental apartments and commercial properties, making it attractive for both investors and renters.
  • Popular buildings in the area feature apartments that vary from studio to multi-bedroom configurations, catering to singles and families alike.
  • Current rental prices typically range between AED 30,000 to AED 60,000 annually for one-bedroom apartments, while sale prices can vary, with some properties listed around AED 700,000 and above.

Market Trends

  • The rental market in Meena Bazaar has experienced a steady increase over the past year, with demand particularly high among expats and locals seeking affordable housing.
  • Sales trends indicate a competitive market, with a noticeable rise in property values due to the community’s growing popularity and continuous developments.
  • Investors can expect an attractive ROI, typically ranging from 6% to 8%, attributed to the high demand for rental properties in this culturally rich area.

Living and Investing in the Community

Amenities, Schools, and Healthcare

  • Meena Bazaar is equipped with essential amenities, including supermarkets, local schools, and healthcare facilities.
  • Nearby medical centers and clinics ensure residents have access to quality healthcare options, enhancing the living experience.

Transportation and Accessibility

  • Accessibility is one of the key advantages of living in Meena Bazaar, with robust public transport options linking residents to other parts of Dubai.
  • The community is well-served by dedicated parking spaces and is in proximity to major highways, easing domestic commutes.

Lifestyle Amenities

  • Residents can enjoy a range of lifestyle amenities, including fitness centers, diverse dining options, and nearby parks for leisure activities.
  • The area is renowned for its vibrant atmosphere, with markets offering local street food and cultural experiences.

Community Facilities

  • Key community features include secure living spaces with 24/7 security, elevators, and centralized air conditioning across many residential buildings.
  • Maintenance services ensure that residences are well-kept, contributing to a comfortable living environment.

Special Services

  • Unique amenities such as concierge services, guest services, and business centers are available, catering to the needs of both residents and visitors.

Planning Your Move or Investment

Floor Plans and Property Types

  • Various floor plans are available in Meena Bazaar, ranging from compact studios to spacious family apartments, providing options for diverse preferences and budgets.

Things to Consider

  • Potential tenants and buyers should consider factors such as property proximity to amenities, budget constraints, community vibe, and future development plans in the area.

Useful FAQs and Support

Events and Community Life

Community Events

  • Meena Bazaar regularly hosts cultural events and festivals that highlight the area's rich traditions, providing residents with numerous opportunities for social engagement.

Community Identity

  • The distinct character of Meena Bazaar is defined by its cultural relevance and lively marketplace atmosphere, presenting a unique mix of tradition and contemporary living.

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Detailed Community Insights

1. Family Friendliness

Meena Bazaar offers a vibrant atmosphere that appeals to families, with various shops, restaurants, and cultural experiences that are suitable for all ages.

Welcoming

2. Living Options

The area provides a range of living options including apartments and some houses, catering mostly to individuals and small families, but choices can be limited.

Moderately Diverse

3. Safety And Security

The community is well-patrolled and has a visible police presence, contributing to a sense of safety among residents.

Generally Secure

4. Transportation

Meena Bazaar is well-connected by public transportation, including metro and bus services, making it easy to commute to various parts of the city.

Convenient

5. Amenities And Facilities

The area boasts numerous amenities such as grocery stores, restaurants, and markets, along with essential facilities like banks and pharmacies, enhancing residents' convenience.

Well-Equipped

6. Cost Of Living

While the cost of living can vary, Meena Bazaar generally offers more affordable housing and living expenses compared to other neighborhoods in Dubai.

Relatively Affordable

7. Things To Do

The community is filled with cultural experiences, including traditional markets and festivals, providing plenty of opportunities for exploration and leisure.

Culturally Rich

8. Noise Levels

Due to its vibrant market culture, noise levels can be higher than in quieter neighborhoods, but this contributes to the lively charm of the area.

Moderately Bustling

9. Pet Friendliness

While some areas are pet-friendly, options for pet care facilities and parks may be limited, which could be a consideration for pet owners.

Moderately Accommodating

Price Insights

Price Trends
for in Dubai
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

Cafeterias Entertainment Events And Festivals Fitness Gym Fitness Center Pools Healthcare Hospital And Clinics Laundry Parks And Beach Restaurant Bars Shopping Centers And Malls Sports Park And Ground Supermarket And Groceries
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200K AED - 800K AED

Rent:

20K AED - 80K AED

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