22.1 C
New York
Saturday, August 13, 2022

Buy now

spot_img

A Detail-oriented Guide On District One

District One is a spectacular establishment displaying an unrivaled collection of high-quality abodes. Placed in the heart of the bustling city, District One is a district inside Mohammed Bin Rashid City. This residential project is by AE Real Estate Group. 

District One determines a rare lifestyle, one that prioritizes boosting the living standards of the occupants by ensuring safety, convenience, and the latest in civil infrastructure. We will discuss this esteemed sub-community in detail. 

Quick Facts 

  • Type of property – Residential
  • The minimum cost of AED 1,200,000.
  • Developed by Meydan Sobha.
  • A total area of 45 million square feet, out of which 26 million square feet is devoted to greenery, lagoons, and parks.
  • Dedicated indoor recreational spaces.

Amenities & Features

  • Supermarkets
  • An array of upscale restaurants.
  • A shopping mall in the vicinity.
  • Educational institutions, shopping malls, and public transportation links nearby.
  • Metro stations.

In a Nutshell:

  • The target audience of District One is singles, couples, and families as the properties are ideal for everyone.
  • Public transportation links are available nearby, and private vehicle owners have a convenient commute as well.
  • A rare project that displays a posh lifestyle.
  • Excellent amenities and facilities are provided in the vicinity. 

Main Characteristics of District One

This is one of the most desirable areas that displays exclusive options of contemporary villas and apartments. The development focuses on a cozy lifestyle, so that occupants are given a long list of top-tier amenities and facilities that guarantee the convenience of each inhabitant and a safe environment. 

Situated near Al Khail Road, it links the neighborhood with other crucial areas of the Emirate. Showcasing an elite life, District One is perfect for singles and families. 

The Architecture

The refined architecture of District One consists of contemporary apartment buildings and villas designed in various styles. One can find Arabian and Mediterranean style abodes. 

Each home is made of superior materials during construction. By following the latest technology, apartment buildings and District One Mansions villas for sale embody high quality of life and innovation. 

The Target Audience of District One

This neighborhood is situated near Business Bay, one of the most prestigious areas of the Emirate. Referring to the name, Business Bay is a complex of commercial spaces. Situated at a near distance to the commercial area, District One flawlessly suits professional employees and families.

The neighborhood offers state-of-the-art facilities and amenities, such as swimming pools, running and cycling tracks, indoor recreational spaces, equipped gyms, and more. District One also showcases vast green areas so that nature lovers can feel at home. 

Routine Life at District One

The neighborhood gives the inhabitants superior infrastructure. Occupants of the development can enjoy everything in their close surroundings, such as entertainment centers, supermarkets, premium restaurants, schools, hospitals, and clinics. 

For everyday essentials and grocery shopping, inhabitants can visit Carrefour, which is present only 9 minutes away from District One. Another option is Al Maya, also at a close proximity. 

When it comes to schools and nurseries, District One brings a great variety of choices in the vicinity, such as the incredible Dubai International School Al Quoz, Oaktree Primary School, Hartland International School, Credence High School, GEMS Our Own Indian School, Clarion School, Jumeirah International Nursery, International Concept Education, and Springdales School Dubai. 

The nearest hospitals and clinics that guarantee superior medical care are Medcare Hospital and iCARE Clinics. 

Availability of Transport

For the people who depend on public transportation, District One provides bus stops and metro stations in the surrounding areas. Business Bay Red Line is the closest metro station that is accessible in 5 minutes. As for bus stops, Al Quoz intersection bus stop is the nearest one at a 4 minute distance.

Commuting within District One is simple by a private vehicle. Occupants of this neighborhood will never experience any trouble in finding a parking space as allotted spaces are given to each home. 

Hot Tourist Attractions Near the Establishment

The establishment offers quick access to the most important landmarks of Dubai, such as Burj Al Arab, Dubai Mall, Palm Jumeirah, Mall of the Emirates, Business Bay, and more. 

The Dubai Mall is among the biggest shopping malls in the city, and probably the best option for shopping. Displaying a plethora of branded retail stores that are popular everywhere, entertainment facilities, and top-notch restaurants, Dubai Mall is a great option for fun quality time.

It requires around 15 minutes to access another major shopping hub called Mall of the Emirates. Another popular tourist attraction known as Burj Al Arab is a posh sail-shaped building featuring immaculate views of the sea. 

Categories of Real Estate

Properties in District One include upscale apartments and sophisticated buildings showcasing a modern style. All of the residential units come with upscale finishing, stylish interiors, and meticulously planned configurations. 

The villas and flats boast commodious rooms and big windows that pour natural sunlight inside. Apartments are available in studio, 1, 2, and 3 bedroom layouts, whereas villas include 4 to 7 bedrooms. The floor plan for the apartments vary from 600 square feet to 2,000 square feet.

A standard 4-bedroom home in District One includes 6 bathrooms and covers a space of 9,000 square feet. 5-bedroom villas are sprawled across 13,000 square feet and include 7 bathrooms. And the biggest villa shows 7 bathrooms, 6 bedrooms, and covers 12,000 square feet. 

The rental cost of 4 to 5-bedroom villas varies from AED 396k to AED 540k. Since 6 to 7-bedroom homes are the biggest in the district, you can expect to pay from AED 620k to AED 1 million. 

But for the people who wish to settle in these upscale homes, the sale price of a 4-bedroom villa is AED 8.4 million, while a 5-bedroom villa will cost you AED 11 million. Potential homeowners who are eager to reside in the biggest villa will have to pay AED 14 million. On the other side, the luxurious 7-bed mansions are priced at AED 52 million. 

As for the smaller single bedroom flats, they can be bought for just AED 1.2 million, whereas those with two bedrooms will cost AED 2 million. The expected sale price of a 3 bedroom apartment and 4 bedroom apartment are AED 3.1 million and AED 7.8 million, respectively. 

Even investing in these one-of-a-kind homes can generate profitable returns considering the rental costs and sale price trends. For instance, the highest ROI of 4.8% can be generated from a 5 bedroom villa. After this, a 4 bedroom villa is able to generate 4.6%, which is close. 

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest Articles