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Al Mankhool, Bur Dubai

Al Mankhool, Bur Dubai

4.23/5
(Based on 9 building reviews)
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Strengths

Strategic Location

Cultural Diversity

Excellent Amenities

Weakens

Traffic Congestion

Limited Green Spaces

Noise Levels

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Description

Real Estate Overview

Community Overview

  • Al Mankhool is a vibrant neighborhood located in the heart of Bur Dubai, renowned for its blend of modern living and traditional charm.
  • The area is conveniently situated near key landmarks including the Dubai Creek, Burjuman Mall, and the Al Fahidi Historical Neighborhood.
  • With excellent public transport links, including the Dubai Metro and multiple bus routes, the community ensures easy accessibility to various city destinations.
  • In comparison to nearby communities like Karama and Deira, Al Mankhool offers a diverse range of amenities and is known for its tranquil atmosphere.

Properties Overview

  • The neighborhood features a variety of real estate options, from luxury apartments to budget-friendly accommodations.
  • Popular residential buildings include the Mankhool Tower and Al Mankhool Park Apartments which attract tenants and buyers alike.
  • Average rental prices in Al Mankhool range from AED 35,000 to AED 100,000 annually, while property sales can vary widely from AED 900,000 to AED 2 million, depending on the specific building and size.

Market Trends

  • The rental market has seen a steady demand with an annual increase of approximately 5%, while the sales market benefits from a healthy return on investment (ROI) which averages around 7%-8% for investors.
  • Key trends over the past year include an increase in expatriate populations seeking accommodations in the area due to its strategic location and amenities.
  • Looking forward, the market is expected to remain resilient with the influx of new developments and a growing economy.

Living and Investing in the Community

Amenities, Schools, and Healthcare

  • Residents enjoy access to various essential services, including the Al Mankhool Supermarket, multiple schools, pharmacies, and healthcare facilities.
  • Nearby educational institutions such as the Dubai Modern Education School and the Oxford International School cater to families seeking quality education for their children.

Transportation and Accessibility

  • The area boasts exceptional public transport facilities, including the Al Mankhool Metro Station and numerous bus stops that connect to the wider city.
  • Ample parking spaces are available within residential complexes and in designated areas, adding convenience for vehicle owners.

Lifestyle Amenities

  • Al Mankhool is equipped with a variety of lifestyle amenities, including fitness centers, parks, and a selection of eateries and cafes.
  • Residents can enjoy leisure at the nearby Al Mankhool Park, perfect for families and outdoor activities.

Community Facilities

  • Properties in Al Mankhool generally come with modern facilities such as secure entry points, central air conditioning, and maintenance services.
  • Many buildings also provide amenities like swimming pools and gyms, enhancing the quality of life for residents.

Special Services

  • Exclusive services such as concierge assistance, guest service desks, and business centers are available in several residential buildings, catering to the needs of professional residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • A broad range of floor plans is available, catering to various lifestyles—from studio apartments for singles to larger multi-bedroom options for families.
  • Most properties offer modern designs and efficient layouts, ensuring comfortable living spaces.

Things to Consider

  • Prospective tenants and buyers should evaluate proximity to transport links, local amenities, and overall community vibes.
  • Consider budget constraints, property size requirements, and accessibility to workplaces while making decisions.

Useful FAQs and Support

Events and Community Life

Community Events

  • Al Mankhool hosts a variety of community events throughout the year, including festivals, cultural shows, and social gatherings that foster community spirit.
  • Regular market days and outdoor events are prevalent, encouraging local businesses and artisans.

Community Identity

  • The community is celebrated for its cultural richness, showcasing a blend of traditional Arab heritage and cosmopolitan influences.
  • Distinctive attributes include vibrant local markets, traditional restaurants serving authentic cuisine, and annual cultural festivals that highlight the diverse community.

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Detailed Community Insights

1. Family Friendliness

Al Mankhool is known for its family-oriented environment, with numerous parks, schools, and family-friendly venues that cater to children and parents alike.

Exceptionally Welcoming

2. Living Options

The area offers a wide variety of living options, from affordable apartments to luxurious villas, appealing to different demographics and lifestyles.

Broadly Diverse

3. Safety And Security

Al Mankhool has a strong presence of community policing and well-maintained public spaces, contributing to a high sense of security among residents.

Remarkably Secure

4. Transportation

The community is well-connected by public transport, including metro stations and bus routes, making commuting easy for residents.

Highly Convenient

5. Amenities And Facilities

Residents enjoy access to various amenities, including shopping malls, supermarkets, healthcare facilities, and recreational areas that enhance everyday living.

Richly Equipped

6. Cost Of Living

While some areas may be pricier, the overall cost of living remains reasonable compared to other parts of Dubai, making it accessible for many.

Moderately Affordable

7. Things To Do

The area is rich in cultural experiences, dining options, and entertainment venues, offering residents diverse activities to enjoy.

Vibrantly Diverse

8. Noise Levels

Most parts of Al Mankhool are relatively calm, with noise levels kept to a minimum despite being in a bustling urban area.

Generally Peaceful

9. Pet Friendliness

Several pet-friendly parks and accommodations are available, and the community culture is generally welcoming toward pet owners.

Warmly 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

32 Minutes

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