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South Ridge 5, Downtown Dubai

South Ridge 5, Downtown Dubai

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Downtown Dubai, Dubai

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Strengths

Prime Location

Modern Amenities

Spacious Layouts

Weakens

High Property Prices

Traffic Congestion

Limited Parking Space

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Buildign Overview

Summary

  • South Ridge 5 is a premier residential tower located in the vibrant Downtown Dubai area, offering breathtaking views of the iconic Burj Khalifa and the Dubai Fountain.
  • Proximity to major attractions such as the Dubai Mall, Souk Al Bahar, and the Dubai Opera makes it an ideal choice for both residents and investors.
  • The building features a contemporary design with high-end finishes, making it stand out among neighboring towers.

Properties Overview

  • The tower offers a mix of upscale apartments for rent and sale, including one, two, and three-bedroom units, designed for a modern urban lifestyle.
  • Rental prices range from AED 80,000 to AED 200,000 annually, while sales prices vary between AED 1.3 million to AED 3.5 million depending on the unit's size and view.
  • Popular units often feature spacious layouts with premium amenities and stunning vistas.

Market Trends

  • Rental prices in Downtown Dubai have shown a consistent upward trend, with a year-on-year increase of up to 10%, indicating strong demand.
  • Sales trends reflect a stable market with an average return on investment (ROI) of approximately 5-7%, attracting both local and foreign investors.
  • Future forecasts suggest continued interest in the area due to ongoing developments and the upcoming Expo 2023, which is likely to enhance property values.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have easy access to supermarkets, prestigious schools, and healthcare facilities, including hospitals and clinics.
  • Prominent educational institutions and international schools are within a short distance, catering to families in the area.

Transportation and Accessibility

  • Excellent public transportation options, including the Dubai Metro and numerous bus routes, ensure quick connectivity throughout the city.
  • Ample parking spaces are available, along with easy access to major highways leading to Dubai's key locations.

Lifestyle Amenities

  • Residents can enjoy a range of lifestyle amenities including fitness centers, swimming pools, and outdoor leisure areas.
  • A diverse selection of restaurants, cafes, and retail outlets within walking distance enhances the living experience.

Builing Facilities

  • The building features high-speed elevators, 24-hour security services, and centralized air conditioning to ensure a comfortable living environment.
  • Routine maintenance services ensure that all facilities are in top condition.

Special Services

  • Additional services include a dedicated concierge, guest services for visitors, and business centers designed for professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • South Ridge 5 offers various floor plan options to cater to diverse needs, including open-concept living spaces and multi-bedroom units.
  • Each unit is designed to maximize space and light, providing a luxurious living experience.

Things to Consider

  • Tenants and buyers should consider factors such as proximity to amenities, commute times, and future developments in the area.
  • It's advisable to review financial commitments and property management options before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events and social gatherings are organized to foster relationships among residents and encourage a vibrant community atmosphere.
  • Events often include seasonal celebrations, fitness classes, and workshops.

Community Identity

  • South Ridge 5 is recognized for its upscale lifestyle, modern architecture, and unique blend of elegance and convenience.
  • The building's identity is enhanced by its location in one of the most sought-after areas of Dubai, attracting a cosmopolitan community.

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Detailed Buiding Insights

1. Family Friendliness

South Ridge 5 is known for its family-oriented environment with numerous playgrounds, parks, and community events that cater to children and families, making it an inviting place for residents with kids.

Exceptionally Welcoming

2. Living Options

The community offers a range of living options including spacious apartments and townhouses that appeal to singles, couples, and families, providing varied layouts and sizes to suit different preferences.

Broadly Diverse

3. Safety And Security

South Ridge 5 features high-level security, including 24/7 surveillance and controlled access points, ensuring a safe environment for all residents and peace of mind for families.

Remarkably Secure

4. Transportation

The community is conveniently located near major roadways and public transportation options, including metro stations, making it easy for residents to navigate the city and access key locations.

Highly Convenient

5. Amenities And Facilities

Residents have access to extensive amenities such as swimming pools, gyms, parks, and retail outlets, offering everything needed for a comfortable and luxurious lifestyle.

Richly Equipped

6. Cost Of Living

While living in South Ridge 5 can be somewhat pricey compared to other areas, the quality of amenities and lifestyle experiences justify the cost, making it a balanced option for many.

Relatively Balanced

7. Things To Do

The area offers a plethora of activities, including cultural attractions, shopping options, fine dining, and recreational facilities, ensuring there’s always something to do for residents.

Vibrantly Diverse

8. Noise Levels

Despite being in a bustling part of Dubai, South Ridge 5 maintains a relatively peaceful atmosphere, thanks to its well-planned layout and landscaping that buffers noise.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly, with many parks and green spaces allowing pets to roam freely, as well as regulations that ensure a pleasant environment for both pet owners and non-pet owners.

Warmly Accommodating

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Key Information

Developer: Emaar Properties

Building Type: Residential

Building Age: 16 years (completed in 2008)

Length: 152

Unit Types : 1, 2 and 3-bedroom apartments

Floors: 36

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

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