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Zanzebeel 2, Old Town

Zanzebeel 2, Old Town

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Old Town, Dubai

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Strengths

Prime Location

Architectural Charm

Community Vibe

Weakens

Limited Parking

Noise Levels

Maintenance Issues

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Buildign Overview

Summary

  • Zanzebeel 2 is a contemporary residential building nestled within the vibrant Old Town district, known for its historical significance and picturesque architecture.
  • The location boasts proximity to key attractions like the Dubai Fountain, Burj Khalifa, and an array of upscale dining and shopping destinations.
  • Excellent public transport connectivity allows easy access to the Dubai Metro and numerous bus routes, enhancing mobility for residents.

Properties Overview

  • The building features a diverse range of property types, including both rental and sale offerings, appealing to various tastes and budgets.
  • Popular units in Zanzebeel 2 typically include 1- to 3-bedroom apartments, with average rental prices ranging from AED 90,000 to AED 200,000 annually.
  • Properties for sale generally vary between AED 1.5 million and AED 3 million, making it an attractive investment for prospective buyers.

Market Trends

  • In the past year, rental rates in the Old Town area have shown a steady increase of approximately 5%, reflecting the location's enduring popularity.
  • Sales activity has also been buoyed by a resurgence in interest, with property prices appreciating around 10% over the last 12 months.
  • Investors can expect a solid return on investment (ROI) of approximately 6-8%, further supported by the area's high demand and low supply.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to various essential services, including supermarkets, top-rated schools such as Dubai International Academy, and healthcare facilities like the Dubai Mall Medical Centre.

Transportation and Accessibility

  • The building's strategic location ensures residents benefit from robust public transport options, including the nearby Burj Khalifa/Dubai Mall Metro station.
  • Ample parking facilities and well-planned road networks make driving accessible and convenient for those who own vehicles.

Lifestyle Amenities

  • Zanzebeel 2 offers a wealth of lifestyle amenities, including fitness centers, luxurious restaurants, and trendy cafes.
  • Recreational options abound, with parks and waterfront promenades providing perfect venues for outdoor activities.

Builing Facilities

  • The building features modern conveniences such as high-speed elevators, 24-hour security, central air conditioning, and comprehensive maintenance services.
  • Residents can enjoy peace of mind knowing that their home is secured with advanced safety measures.

Special Services

  • Exclusive amenities include a concierge service to assist residents with various needs, guest services for visitors, and business centers for professional requirements.
  • Unique community events foster a friendly neighborhood atmosphere, enriching the living experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • Zanzebeel 2 offers diverse floor plans tailored to different lifestyles, comprising spacious 1-bedroom to expansive 3-bedroom layouts.
  • Each option is designed to maximize space and comfort while catering to the needs of families and singles alike.

Things to Consider

  • Prospective renters and buyers should evaluate factors such as budget, desired amenities, and proximity to work or school before making a decision.
  • It’s also advisable to explore other properties in the vicinity to ensure the best fit for your needs.

Useful FAQs and Support

Events and Building Life

Building Events

  • Zanzebeel 2 regularly hosts community events, from seasonal celebrations to resident meet-ups, encouraging a sense of belonging among tenants.
  • These gatherings present opportunities for socializing and networking within the building.

Community Identity

  • The unique architectural style of Zanzebeel 2 is complemented by its strategic location, making it a noteworthy residential destination in Old Town.
  • Cultural influences are reflected in communal spaces, creating a rich living environment that celebrates both modern and traditional Emirati heritage.

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Detailed Buiding Insights

1. Family Friendliness

The community is highly family-friendly, with numerous parks, playgrounds, and family-oriented events throughout the year, making it a safe and engaging space for children.

Exceptionally Welcoming

2. Living Options

Zanzebeel 2 offers a variety of living options including single-family homes, townhouses, and apartments catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The area has low crime rates, with friendly neighborhood watch programs and well-lit public spaces contributing to its reputation as a safe place to live.

Remarkably Secure

4. Transportation

Public transportation is available, but many residents prefer personal vehicles. Some main roads can become congested during peak hours.

Moderately Convenient

5. Amenities And Facilities

The community features a variety of amenities such as grocery stores, fitness centers, recreational facilities, and dining options that cater to diverse needs.

Richly Equipped

6. Cost Of Living

While living costs are moderate, they are balanced by the quality of services and amenities available, making it an attractive option for many.

Relatively Balanced

7. Things To Do

There's a rich selection of activities available from cultural festivals to sports events and art exhibitions, appealing to a wide range of interests.

Vibrantly Diverse

8. Noise Levels

The area is predominantly quiet, with noise from local businesses being minimal and the community having well-designed residential spaces that promote tranquility.

Generally Peaceful

9. Pet Friendliness

The community includes pet-friendly parks and walking areas, and local regulations support pet ownership, making it ideal for pet lovers.

Warmly Accommodating

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Key Information

Developer: Emaar Properties

Building Type:  Residential

Length: 45

Unit Types : 1 and 2-bedroom apartments

Floors: 4

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

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