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Lago Vista, Dubai Production City

Lago Vista, Dubai Production City

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Dubai Production City, Dubai

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Strengths

Modern architecture

Excellent amenities

Strategic location

Weakens

Limited parking space

Noise from nearby construction

High maintenance fees

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Buildign Overview

Summary

  • Lago Vista is a premier residential development located in the dynamic area of Dubai Production City, known for its modern infrastructure and vibrant community.
  • The building is in close proximity to major roadways, offering residents easy access to key destinations in Dubai.
  • Nearby landmarks include the Dubai Autodrome and various shopping outlets, enhancing the lifestyle experience for residents.
  • Compared to other residential buildings in Dubai Production City, Lago Vista stands out due to its amenities and strategic location.

Properties Overview

  • Lago Vista features an array of properties available for both rent and sale, catering to diverse budgets and preferences.
  • Popular property types in the building include spacious 1, 2, and 3-bedroom apartments that boast modern designs.
  • Rental prices typically range from AED 40,000 to AED 80,000 annually, while sales prices can vary from AED 600,000 to AED 1.5 million, depending on the unit.

Market Trends

  • The real estate market in Lago Vista has shown a steady increase in both rental and sales prices over the past year.
  • Current trends indicate a rising interest in the area due to its growing number of amenities and community activities.
  • Investors can expect a favorable return on investment (ROI) with projected yields in the range of 6-8%.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to essential services such as supermarkets, schools, and healthcare facilities within a short commute.
  • Nearby educational institutions include reputed schools, while healthcare options comprise clinics and hospitals, ensuring convenience for families.

Transportation and Accessibility

  • Public transportation options, including bus routes and nearby metro stations, provide seamless connectivity to the rest of Dubai.
  • The building features dedicated parking spaces and easy access to major highways, enhancing the overall accessibility for residents.

Lifestyle Amenities

  • Lago Vista boasts a range of lifestyle amenities, including a well-equipped gym, swimming pools, and landscaped gardens.
  • Residents can enjoy a variety of dining options, shopping outlets, and recreational facilities within the vicinity.

Builing Facilities

  • Key facilities in Lago Vista include high-speed elevators, 24/7 security services, and centralized air conditioning.
  • Maintenance services are readily available, ensuring a hassle-free living experience for residents.

Special Services

  • Unique services at Lago Vista comprise concierge assistance, guest services, and business centers catering to professionals.
  • The building also offers communal spaces for social gatherings and events, fostering a sense of community among residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • Lago Vista offers a variety of thoughtfully designed floor plans, allowing potential tenants and buyers to choose units that suit their individual needs.
  • Options range from cozy one-bedroom layouts to expansive three-bedroom configurations, all designed with modern aesthetics.

Things to Consider

  • Prospective residents should evaluate key aspects such as proximity to workplaces, affordability, and the amenities that align with their lifestyle.
  • For investors, factors like market trends, potential rental yields, and property management services can influence their investment decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular social events and community gatherings promote neighborly connections and camaraderie among residents.
  • Seasonal celebrations and recreational activities are organized to enhance the living experience at Lago Vista.

Community Identity

  • Lago Vista is distinct for its blend of modern luxury and vibrant community spirit, making it an appealing choice for families and young professionals.
  • The building’s design and amenities reflect a commitment to fostering a comfortable and dynamic living environment.

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Detailed Buiding Insights

1. Family Friendliness

Lago Vista offers a family-oriented environment with plenty of parks, playgrounds, and community activities that cater to children and families. The presence of schools and educational facilities nearby further enhances its appeal to families.

Exceptionally Welcoming

2. Living Options

The community offers a variety of housing options including spacious apartments and townhouses, suitable for singles, couples, and families alike. This diversity caters to a broad spectrum of preferences and budgets.

Broadly Diverse

3. Safety And Security

The area is monitored with 24/7 security surveillance and well-maintained access points. Residents report feeling safe, making it an attractive option for families and individuals.

Remarkably Secure

4. Transportation

While Lago Vista is somewhat remote, it is well-connected to major highways and public transport options. However, having a personal vehicle is often preferred to navigate the area effectively.

Moderately Convenient

5. Amenities And Facilities

The community boasts a wide range of amenities, including pools, gyms, and community centers. Grocery stores and retail outlets are in proximity, enhancing the convenience for residents.

Richly Equipped

6. Cost Of Living

The cost of living in Lago Vista aligns well with the provided amenities and living standards. Housing prices are reasonable compared to other regions in Dubai, providing good value for money.

Relatively Balanced

7. Things To Do

Residents can enjoy a variety of leisure activities, including parks, dining options, and community events. Accessibility to nearby attractions in Dubai enhances the recreational opportunities.

Vibrantly Diverse

8. Noise Levels

The community is mostly quiet, with minimal noise from traffic or nightlife, creating a serene environment perfect for relaxation and family life.

Generally Peaceful

9. Pet Friendliness

Lago Vista is considered pet-friendly with several parks for pets and a community that welcomes pet owners. However, some restrictions may apply to specific buildings.

Warmly Accommodating

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Key Information

Developer: DAMAC Properties

Building Type: Residential

Building Age: Date of completion: 2009

Length: 900

Unit Types : Studios to 2-bedroom apartments

Floors: Lago Vista A and C have 21 while Lago Vista B has 24

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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