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Deira Dubai

Deira Dubai

4.06/5
(Based on 9 building reviews)
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Overall Niche Grade

4.06 / 5

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Strengths

Cultural Heritage

Vibrant Shopping Scene

Excellent Transport Links

Weakens

Traffic Congestion

High Cost of Living

Limited Green Spaces

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Description

Real Estate Overview

Community Overview

  • Deira Dubai, one of the oldest yet most vibrant districts, seamlessly blends traditional charm with modern amenities.
  • Key landmarks include the Gold Souk, Spice Souk, and the waterfront of Dubai Creek, making it rich in culture and commerce.
  • Deira is well-connected via public transport, featuring the Dubai Metro and numerous bus routes, ensuring ease of mobility.

Properties Overview

  • Deira offers a diverse range of properties, from luxurious waterfront apartments to budget-friendly studios, appealing to various demographics.
  • Current average rental prices range from AED 30,000 to AED 80,000 per year, with buying prices for apartments starting around AED 500,000.
  • Popular residential buildings include Dubai Marina, Al Ghurair Place, and the recent developments along the Creek.

Market Trends

  • The real estate market in Deira has seen a steady increase in demand, with rental prices averaging a 5% rise year-on-year.
  • Investors can expect a return on investment (ROI) of approximately 7-9%, making it one of the most attractive neighborhoods for property investment.
  • Future forecasts indicate a continued rise in property values, driven by ongoing urban development and increased commercial activities.

Living and Investing in the Community

Amenities, Schools, and Healthcare

  • Deira hosts a variety of supermarkets such as Carrefour and Lulu Hypermarket, catering to daily grocery needs.
  • Educational institutions, including Al Noor International School and The International School of Arts and Sciences, are within easy reach.
  • Healthcare facilities include Al-Dhafra Hospital and various pharmacies, ensuring residents have access to quality medical services.

Transportation and Accessibility

  • Public transportation includes the Dubai Metro's Red Line and multiple bus routes, enhancing connectivity.
  • Ample parking spaces are available, though some areas can get congested during peak hours, making public transport a preferred option.

Lifestyle Amenities

  • Deira features a multitude of recreational facilities, including gyms, spas, and outdoor parks.
  • Dining options are abundant, offering everything from local Emirati cuisine to international fare, alongside luxurious hotels for a premium experience.
  • Close proximity to beaches such as Jumeirah Beach provides residents with leisure and relaxation opportunities.

Community Facilities

  • Most residential properties are equipped with modern facilities, including secure access, elevators, central air conditioning, and maintenance services.

Special Services

  • Deira boasts unique amenities such as concierge services at luxury residences and business centers aimed at professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans is available, catering to singles, families, and investors, with options for both furnished and unfurnished units.

Things to Consider

  • Tenants and buyers should evaluate factors such as proximity to work, school districts, and community facilities before making decisions.

Useful FAQs and Support

Events and Community Life

Community Events

  • Deira hosts various cultural events, markets, and festivals, promoting community engagement and celebrating local heritage.

Community Identity

  • The mix of traditional marketplaces and modern shopping centers creates a unique identity for Deira, emphasizing its role as a cultural and commercial hub.

See more

Detailed Community Insights

1. Family Friendliness

Deira offers various family-friendly activities, parks, and community events, making it a great choice for families. The presence of schools and recreational facilities enhances its appeal.

Exceptionally Welcoming

2. Living Options

The housing options in Deira are diverse, ranging from affordable apartments to more luxurious residences, catering to different budgets and preferences.

Broadly Diverse

3. Safety And Security

Deira is known for its relatively low crime rates and visible police presence, which contribute to a sense of safety among residents.

Generally Safe

4. Transportation

Deira boasts excellent public transport links, including metro stations and bus routes, as well as easy access to major roads, making commuting convenient.

Highly Convenient

5. Amenities And Facilities

There is a wide array of amenities available, including shopping malls, healthcare facilities, and recreational centers, enhancing the quality of life for residents.

Richly Equipped

6. Cost Of Living

While some areas can be pricey, overall, Deira provides a good balance between cost and amenities, making living here affordable compared to other regions in Dubai.

Relatively Affordable

7. Things To Do

Deira is rich in cultural experiences, shopping, dining, and entertainment options, providing an array of activities for residents and visitors alike.

Vibrantly Diverse

8. Noise Levels

Being a bustling commercial area, Deira can be noisy at times, especially in busy markets and streets, but quieter residential pockets do exist.

Moderately Noisy

9. Pet Friendliness

Many parks and pet-friendly facilities are available in Deira, along with a community that appreciates pet ownership, making it a good place for 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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Reviews

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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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