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Al Abraj Street (Marasi Drive), Business Bay

Al Abraj Street (Marasi Drive), Business Bay

4.18/5
(Based on 9 building reviews)
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Overall Niche Grade

4.18 / 5

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Strengths

Prime Location

Modern Infrastructure

Vibrant Community Atmosphere

Weakens

High Cost of Living

Traffic Congestion

Limited Parking Spaces

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Description

Real Estate Overview

Community Overview

  • Al Abraj Street, located along Marasi Drive in the vibrant Business Bay area, is a thriving community known for its modern architecture and waterfront views.
  • The area features a mix of residential, commercial, and hospitality options, providing residents with a dynamic lifestyle.
  • Key landmarks include the iconic Burj Khalifa and The Dubai Mall, enhancing its appeal as a prime location.

Properties Overview

  • The community primarily consists of high-rise residential towers and luxury apartments, catering to a diverse demographic of renters and buyers.
  • Popular developments include The Residences at Business Bay, which offer stunning views and premium amenities.
  • Rental prices range from AED 80,000 to AED 200,000 annually, while sales prices typically start from AED 1.5 million, reflecting the community's upscale profile.

Market Trends

  • The real estate market in Business Bay has shown resilience, with a steady demand for both rentals and purchases over the past year.
  • Recent data indicates an annual rental yield of around 6-7%, making it an attractive investment opportunity.
  • Expectations show a continued interest in waterfront properties as new projects are launched in the vicinity.

Living and Investing in the Community

Amenities, Schools, and Healthcare

  • Residents have access to a plethora of essential services, including supermarkets, pharmacies, and healthcare facilities.
  • Top educational institutions are located nearby, making it suitable for families and professionals.

Transportation and Accessibility

  • Well-connected by public transportation, with the Dubai Metro and various bus routes servicing the area.
  • Several major roads, including Al Khail Road, provide easy access to the rest of Dubai.

Lifestyle Amenities

  • The community boasts an array of lifestyle amenities, including gyms, pools, fine dining restaurants, and vibrant nightlife.
  • Proximity to parks and recreational areas enhances outdoor activities, catering to an active lifestyle.

Community Facilities

  • Modern residential towers are equipped with features like high-speed elevators, round-the-clock security, and centralized air conditioning.
  • Regular maintenance services ensure a well-supported living environment for residents.

Special Services

  • Additional conveniences include concierge services, guest hosting facilities, and well-equipped business centers for professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • Al Abraj Street offers a variety of floor plans ranging from studio apartments to luxurious multi-bedroom units, tailored to meet diverse needs.

Things to Consider

  • Prospective residents should consider factors such as proximity to workplaces, lifestyle preferences, and budget when selecting properties.

Useful FAQs and Support

Events and Community Life

Community Events

  • The community hosts various events throughout the year, including cultural festivals and food markets, fostering social engagement among residents.

Community Identity

  • Al Abraj Street is characterized by its modern urban vibe, with a blend of cultures that contribute to a rich community identity.

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Detailed Community Insights

1. Family Friendliness

The area provides several family-oriented amenities, including parks and recreational spaces, making it suitable for families. However, the presence of high-rise buildings may not provide a completely family-friendly atmosphere.

Moderately Welcoming

2. Living Options

Al Abraj Street offers a wide range of modern living options, from luxury apartments to moderately priced residences. This diversity caters to different lifestyles and budgets.

Diverse and Modern

3. Safety And Security

Business Bay is known for its low crime rates and robust security measures, including surveillance cameras and thank you for the gated communities, contributing to peace of mind for residents.

Highly Secure

4. Transportation

The community is well-connected with major roads, public transportation options, and proximity to the metro, making commuting easy and efficient.

Extremely Convenient

5. Amenities And Facilities

Residents have access to a variety of amenities including fitness centers, swimming pools, and shopping outlets, enhancing the overall quality of life.

Richly Equipped

6. Cost Of Living

While the cost of living is relatively high compared to other areas, it aligns with the premium lifestyle and amenities available, providing good value for money.

Moderately High

7. Things To Do

There are numerous dining, entertainment, and leisure activities available, with options ranging from upscale restaurants to art galleries and vibrant nightlife.

Vibrantly Diverse

8. Noise Levels

Given the area's lively atmosphere and ongoing developments, noise levels can be high, particularly during peak hours but variations do occur depending on specific locations.

Occasionally Noisy

9. Pet Friendliness

While some residences allow pets and there are a few parks nearby, the urban environment may limit pet owners, and pet-friendly facilities can be less abundant.

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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Local Information

Buy:

200K AED - 800K AED

Rent:

20K AED - 80K AED

To Shaksy Villas, Jumeirah Village Circle

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