InterContinental Residence Suites, Dubai Festival City

Festival City, Dubai

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Strengths

Spacious Suites

Prime Location

Exceptional Service

Weakens

Limited Dining Options On-Site

Higher Price Point

Traffic Congestion in Peak Hours

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Strengths

Spacious Suites

The suites offer generous space and luxurious amenities suitable for long-term stays.

Prime Location

Located in Dubai Festival City, it provides easy access to shopping, dining, and entertainment options.

Exceptional Service

Guests consistently praise the attentive and friendly staff, enhancing the overall experience.

Weaknesses

Limited Dining Options On-Site

While there are dining options, guests may find limited variety compared to larger hotels.

Higher Price Point

Rates are on the higher side, which may not suit all budgets.

Traffic Congestion in Peak Hours

Access to the surrounding areas can be challenging during high traffic periods.

Considerations

Suitable for Families and Business Travelers

The spacious suites with kitchen facilities offer added convenience for both families and business guests.

Check Local Events

Being in a vibrant area, local events might cause noise or increased foot traffic, impacting the stay experience.

Weekend Pricing Variability

Rates may fluctuate on weekends due to demand, so planning ahead is recommended.

Buildign Overview

Summary

The InterContinental Residence Suites, located in Dubai Festival City, boasts an enviable position close to the Dubai Creek and Festival City Mall.
This luxury residence offers easy access to major highways and the Dubai Metro, ensuring seamless connectivity to key areas in the city.
The building's modern architecture stands out against the skyline, and its proximity to landmarks such as the Dubai International Airport and downtown Dubai makes it highly desirable.

Properties Overview

The residence features a range of units, including spacious apartments with one, two, and three-bedroom layouts, catering to different lifestyles.
Rental prices for units typically range from AED 9,000 to AED 20,000 per month, while sales prices might vary significantly based on size and layout, averaging around AED 1.5 million to AED 3 million.
Popular choices among residents include two-bedroom apartments with views of the creek and city skyline.

Market Trends

Recent market analysis indicates a steady demand for rental properties, with occupancy rates around 85%, indicating a robust rental market.
Sales prices in the area have shown an upward trend of approximately 5% year-over-year, driven by the development of new amenities and infrastructure in the vicinity.
Investors can expect a healthy return on investment (ROI), averaging around 6-7%, reflecting the strong rental yields in the Dubai real estate market.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents have access to a variety of essential services, including supermarkets, hospitals, and clinics located within a short drive.
Family-friendly schools are situated nearby, with options for international curriculums, enhancing the area's appeal for families.

Transportation and Accessibility

The location is well-served by public transport, including the Dubai Metro and regular bus services, making commuting easy.
Ample parking space is available for residents and visitors, ensuring convenience for those with private vehicles.

Lifestyle Amenities

Onsite amenities include a well-equipped gym, spa facilities, swimming pool, and several dining options, enhancing the lifestyle experience.
Residents can enjoy outdoor spaces, landscaped gardens, and easy access to the waterfront promenade along Dubai Creek.

Builing Facilities

The property is equipped with state-of-the-art security systems, 24-hour concierge services, and reliable maintenance support for all residents.
High-speed elevators and central air conditioning contribute to a comfortable living experience.

Special Services

A dedicated concierge service is available to assist with various requests, enhancing the overall living experience.
Business travelers will appreciate the availability of business centers and meeting rooms within the premises.

Planning Your Move or Investment

Floor Plans and Property Types

A diverse selection of floor plans caters to both renters and buyers, with options ranging from compact one-bedroom units to expansive three-bedroom residences designed for comfort and functionality.

Things to Consider

Prospective tenants and buyers should evaluate factors such as location, property management, community amenities, and price points.
It's advisable to consider the overall market conditions and potential for property value appreciation when making investment decisions.

Useful FAQs and Support

Events and Building Life

Building Events

Residents enjoy various community activities and social events organized throughout the year, fostering a sense of belonging.
Special celebrations for holidays and festivals provide opportunities for communities to connect and engage.

Community Identity

The unique architectural design, combined with a commitment to luxury and comfort, sets InterContinental Residence Suites apart as a premier living destination.
Art installations and local cultural elements are integrated into the building's design, reflecting the vibrant lifestyle of Dubai.

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Detailed Buiding Insights

1. Family Friendliness

The property offers family-sized accommodations and a variety of kid-friendly amenities, including a children's pool and family-oriented activities, making it highly welcoming for families.

Exceptionally Welcoming

2. Living Options

The residence suites provide a range of living options, from one to three-bedroom units, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The property features high-security measures, including 24-hour surveillance, secure access to residential areas, and on-site security personnel, ensuring a safe environment for residents.

Remarkably Secure

4. Transportation

Situated in a prime location, it provides easy access to public transportation, the Dubai Metro, and major highways, making commuting and travel highly convenient.

Conveniently Accessible

5. Amenities And Facilities

The amenities include a well-equipped gym, swimming pools, a spa, and complimentary access to nearby recreational facilities, offering residents a luxurious lifestyle.

Richly Equipped

6. Cost Of Living

While the living expenses are above average due to the luxurious nature of the suites and amenities, they are balanced by the quality of service and experience provided.

Relatively Balanced

7. Things To Do

Located near Dubai Festival City Mall, residents can enjoy shopping, dining, entertainment, and events, providing a vibrant array of options for leisure activities.

Vibrantly Diverse

8. Noise Levels

Despite being located in a bustling area, the residence suits are well-insulated, providing a peaceful environment for restful living, especially in the evenings.

Generally Peaceful

9. Pet Friendliness

The property offers flexible policies for pet owners, including pet-friendly rooms and nearby parks, making it a suitable choice for families with pets.

Warmly Accommodating

Schools

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Key Information

Building Type: Residential

Building Age: 20 years(Date of completion: 2004)

Length: 510

Unit Types : Studio apartments and 1, 2 and 3-bedroom apartments and duplexes

Floors: 21

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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