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Iris Amber in Culture Village - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Iris Amber

RoomsSize, sqmSale price, AED/sqmSale price, AED
17313,447987,221
210413,7391,425,555

The cap rate (rental yield) of investments into Iris Amber project is 6.7% on average.

The price of an apartment in Iris Amber is 13,540 AED/sqm on average.

Price for completed 1 bedroom apartment in Iris Amber is 987,221 AED or 13,447 AED/sqm.
Price for completed 2 bedroom apartment in Iris Amber is 1,425,555 AED or 13,739 AED/sqm.

Rent in Iris Amber is 13,739 AED/sqm/year on average for long term rent of an apartment.

About Iris Amber

'Iris Amber' in 'Culture Village' area project description

Iris Amber is a residential project located in the sought-after Culture Village area of Dubai, a place known for its strategic setting and rich cultural significance. Culture Village itself is a blend of traditional Arabic architecture fused with modern design, offering a unique living experience that harmonizes the past with the present. Iris Amber fits seamlessly into this aesthetic, contributing to the community's charm and vibrancy.

Designed to provide an upscale urban lifestyle, Iris Amber encapsulates luxury and sophistication. The project comprises well-designed apartments that cater to a variety of tastes and preferences, from single professionals to larger families. The building features a range of unit sizes, including studios, one-bedroom, two-bedroom, and three-bedroom apartments, each thoughtfully designed to maximize living space and comfort. High-quality finishes, contemporary fittings, and floor-to-ceiling windows ensure that the interiors are as impressive as the exteriors, offering residents panoramic views of the Dubai Creek and the bustling cityscape.

The amenities at Iris Amber are nothing short of exceptional. Residents have access to a state-of-the-art fitness center equipped with the latest exercise machines and a spacious swimming pool area perfect for relaxation and leisure activities. The building also includes a multipurpose hall, children’s play area, and landscaped gardens, providing a holistic living experience that caters to the needs of all family members. For those who prioritize convenience, Iris Amber includes retail spaces on the ground floor, ensuring that daily necessities are within easy reach.

Security and privacy are paramount at Iris Amber, with 24-hour security services, CCTV surveillance, and secure access points ensuring peace of mind for every resident. Additionally, the project includes ample parking spaces, both above and underground, to accommodate residents and their guests comfortably.

The location of Iris Amber within Culture Village is another significant advantage. Situated near the Dubai Creek, residents can enjoy leisurely walks along the waterfront and take in the scenic views. The project’s proximity to key landmarks and transportation hubs, such as Dubai International Airport, Dubai Festival City, and Al Jadaf metro station, makes commuting and travel extremely convenient. This connectivity ensures that residents are never far from the city’s myriad attractions, be it shopping malls, dining establishments, entertainment venues, or business districts.

In summary, Iris Amber in Culture Village is a prestigious residential project that promises a luxurious lifestyle with its thoughtfully designed apartments, top-notch amenities, and strategic location. It effectively combines the cultural richness of its surroundings with the conveniences of modern urban living, making it an ideal choice for those looking to experience the best of both worlds in Dubai.

Q&A on Iris Amber

What are the advantages of 'Iris Amber' project in Dubai for property buyers? What are the disadvantages?

Advantages:
1. Strategic Location: Culture Village is centrally located, providing easy access to key areas such as Downtown Dubai, Dubai International Airport, and major highways.
2. Cultural Hub: The area is designed to be a cultural district, which means residents have access to arts, heritage, and cultural activities.
3. Luxurious Amenities: Iris Amber offers high-end facilities such as swimming pools, gymnasiums, and landscaped gardens providing a luxurious lifestyle.
4. Waterfront Living: Proximity to Dubai Creek offers scenic views and a tranquil living environment.
5. Potential for Appreciation: As Culture Village develops, property values are likely to appreciate, presenting a good investment opportunity.
6. High-Quality Construction: The project is developed by a reputable developer known for high construction standards and quality finishes.
7. Community Feel: The area is designed to foster a sense of community with public spaces, walkways, and social venues.

Disadvantages:
1. High Initial Investment: Luxurious properties like Iris Amber may have a higher price point, which could be a barrier for some buyers.
2. Ongoing Construction: As Culture Village is still under development, buyers may have to deal with noise and disruptions from ongoing construction activities.
3. Limited Shopping Options: Being a new area, Culture Village might not yet have a wide range of shopping options compared to more established neighborhoods.
4. Uncertain Future Development: Although plans are promising, there is always some risk that future developments and infrastructure may take longer than expected.
5. Availability of Units: High demand for premium properties can lead to limited availability, making it challenging to find the desired unit.
6. Higher Service Charges: The maintenance of luxurious amenities and facilities can lead to higher annual service charges.
7. Transportation Dependency: While well-connected, the area might require reliance on private transportation due to limited public transit options in the immediate vicinity.

What projects are better than 'Iris Amber' project in Dubai which are located close by, and why?

1. Dubai Wharf:
- Superior waterfront location along the Dubai Creek.
- Offers a blend of retail, dining, and leisure options.
- Contemporary design with a focus on spacious living.

2. Manazel Al Khor:
- Traditional Arabian architectural style combined with modern amenities.
- Extensive landscaped communal areas and promenades.
- Close proximity to cultural landmarks and Al Jadaf Metro Station.

3. D1 Tower:
- Iconic design inspired by Dubai's maritime heritage.
- High-end amenities including a sky lounge, indoor pool, and gym.
- Unobstructed views of Dubai Creek and city skyline.

4. Palazzo Versace Dubai Residences:
- Luxurious interiors designed by Versace.
- Exclusive hotel-like services and facilities.
- High-end dining and retail options on site.

5. Dubai Creek Residences:
- Part of the larger Dubai Creek Harbour development.
- Scenic views of the Creek Island and Ras Al Khor wildlife sanctuary.
- Integrated community with parks, waterfront promenades, and cultural facilities.

What are the closest schools to 'Iris Amber' project in Dubai?

The closest schools to the 'Iris Amber' project in Culture Village, Dubai include:

- Swiss International Scientific School in Dubai (SISD): Located in Dubai Healthcare City Phase 2, it's just a short drive away from Culture Village.
- New Indian Model School, Dubai (NIMS): Located in Garhoud, about 10 to 15 minutes away by car.
- Dubai Gem Private School: Situated in Oud Metha, approximately 10 to 15 minutes' drive.
- The Indian High School: Also in Oud Metha, around 10 to 15 minutes by car.
- GEMS Winchester School: Located in Oud Metha, about a 10 to 15-minute drive as well.

These schools provide a variety of curriculums and are accessible within a relatively short driving distance from the Culture Village area.

What are the closest medical clinics to 'Iris Amber' project in Dubai?

1. Mediclinic Welcare Hospital
- Location: Garhoud, Dubai
- Distance: Approximately 8 kilometers from Culture Village

2. Axis Medical Center
- Location: Al Kifaf, Dubai
- Distance: Approximately 7 kilometers from Culture Village

3. Latifa Hospital
- Location: Oud Metha Road, Al Jaddaf, Dubai
- Distance: Approximately 5 kilometers from Culture Village

4. DHCC (Dubai Healthcare City)
- Location: Al Jadaf Area, Dubai
- Distance: Approximately 6 kilometers from Culture Village

5. Nad Al Hammar Health Center
- Location: Nad Al Hammar, Dubai
- Distance: Approximately 8 kilometers from Culture Village




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