Orion Building in Arjan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Orion Building

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	77	10,726	822,500

Rents in Orion Building

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	120	577	69,000
2	102	784	80,000

The cap rate (rental yield) of investments into Orion Building project is 5.8% on average.

The price of an apartment in Orion Building is 10,726 AED/sqm on average.

The long term rent of an apartment in Orion Building is 623 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Orion Building is 822,500 AED or 10,726 AED/sqm.

Rent for 1 bedroom apartment in Orion Building is 69,000 AED or 577 AED/sqm.
Rent for 2 bedroom apartment in Orion Building is 80,000 AED or 784 AED/sqm.

About Orion Building

'Orion Building' in 'Arjan' area project description

The Orion Building project in the Arjan area of Dubai stands as a testament to contemporary architectural design and luxurious living in one of the city's most rapidly developing neighborhoods. Located strategically within the vibrant community of Arjan, the Orion Building benefits from excellent connectivity to key areas of Dubai, making it a prime choice for both residents and investors seeking modern urban conveniences.

Arjan, known for its master-planned layouts and family-friendly environment, is home to several retail outlets, schools, and leisure destinations, bolstering the appeal of the Orion Building. The project integrates seamlessly into this thriving neighborhood, offering an assortment of high-end amenities and facilities that cater to a modern, discerning clientele.

The Orion Building is characterized by its sleek and sophisticated design, featuring spacious apartments with a range of layouts to suit various lifestyle needs. From cozy one-bedroom units to expansive three-bedroom apartments, each residence is meticulously crafted to provide an optimal living experience. High-quality finishes, top-tier materials, and contemporary designs are hallmarks of the interiors, ensuring a blend of luxury and comfort.

Residents of Orion Building are treated to an array of lifestyle and recreational amenities. These include a state-of-the-art fitness center, a temperature-controlled swimming pool, and beautifully landscaped gardens that offer a serene environment for relaxation. Additionally, the building features dedicated children's play areas, making it an ideal residence for families. An exclusive rooftop lounge provides stunning views of the Dubai skyline, creating a perfect backdrop for social gatherings or quiet evenings.

Security and convenience are also paramount in the Orion Building, with 24-hour surveillance, secure parking spaces, and high-speed elevators enhancing the living experience. The development is designed to promote a sense of community, with communal spaces that encourage interaction among residents.

The location of the Orion Building within Arjan offers unparalleled access to some of Dubai’s most popular attractions. It is only a short distance from the Miracle Garden, one of the world's most extensive flower gardens, which draws tourists and locals alike. The proximity to major highways like Sheikh Mohammed Bin Zayed Road ensures that residents can easily commute to other parts of the city, including the bustling business hubs of Downtown Dubai and Dubai Marina.

In summary, the Orion Building in Arjan is a sterling addition to Dubai's real estate landscape. It offers a harmonious blend of luxury, functionality, and community living, making it a coveted address for those seeking a premium lifestyle in one of Dubai's most promising localities.

Q&A on Orion Building

What are the advantages of 'Orion Building' project in Dubai for property buyers? What are the disadvantages?

Advantages of Orion Building Project in Arjan, Dubai:

1. Prime Location: Arjan is a developing area with a strategic location next to major destinations like Dubai Miracle Garden, Dubai Autodrome, and being in proximity to major road networks like Sheikh Mohammed Bin Zayed Road and Umm Suqeim Road.

2. Investment Potential: Given the ongoing development and increasing interest in Arjan, the property values in the area are likely to appreciate over time, making it a lucrative investment.

3. Modern Amenities: Orion Building offers a range of contemporary amenities such as a swimming pool, gym, children's play area, retail outlets, and landscaped gardens which enhance the living experience.

4. Affordability: Compared to more established areas in Dubai, properties in Arjan tend to be more affordable, offering buyers a better cost-value proposition.

5. Community Lifestyle: Arjan is being developed as a cohesive community with a blend of residential, commercial, and retail spaces, aimed at providing a vibrant lifestyle for residents.

6. High Rental Yield: Due to demand from expatriates and professionals working in the nearby business hubs, properties in Arjan often command high rental yields.

Disadvantages of Orion Building Project in Arjan, Dubai:

1. Development Phase: Arjan is still under development, which means ongoing construction activity might cause noise and inconvenience.

2. Infrastructure Growing Pains: As a developing area, some infrastructure might not be as refined or fully functional as more established parts of Dubai.

3. Public Transportation: Currently, the area may not be fully served by the extensive Dubai Metro network, which could require reliance on taxis or private vehicles.

4. Market Over-Saturation: The aggressive development in Arjan may lead to an oversupply of properties, potentially affecting rental yields and property values in the short term.

5. Potential Traffic Issues: As Arjan attracts more residents and businesses, traffic congestion could become a concern, especially during peak times.

6. Community Maturity: Unlike highly developed areas of Dubai, Arjan’s community facilities and social infrastructure (like parks, schools, and hospitals) may take some time to fully develop.

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

1. Miracle Residence:
- Proximity to Dubai Miracle Garden.
- High-end amenities including a spa, gym, and rooftop pool.
- Superior build quality and modern architecture.

2. Vincitore Palacio:
- Boutique designer residences with high-quality finishes.
- Unique architectural style inspired by European palaces.
- Close to several attractions and essential services.

3. Samana Greens:
- Emphasis on eco-friendly and sustainable living.
- Lush landscaping and parks nearby.
- Attractive payment plans with excellent value for money.

4. Geepas Tower:
- Impressive amenities such as temperature-controlled swimming pools, a luxurious gym, and dedicated play areas.
- Larger apartment units compared to Orion Building.
- Strong emphasis on community and family living.

5. Elz by Danube:
- Competitive pricing with installment payment options.
- Comprehensive lifestyle amenities including a leisure deck, pool, and wellness center.
- Reputed developer with a strong track record in timely delivery and quality.

6. Montrose by Deyaar:
- Part of a prestigious mixed-use development combining residential, commercial, and hospitality.
- Proximity to Dubai Science Park and major business hubs.
- Modern design with an emphasis on functionality and technology integration.

What are the closest schools to 'Orion Building' project in Dubai?

- Nord Anglia International School Dubai: Located in Al Barsha South, approximately a 10-minute drive from the Orion Building.
- GEMS Founders School - Dubai: Situated in Al Barsha South, roughly a 12-minute drive from the Orion Building.
- Dubai Heights Academy: Positioned in Al Barsha South, around 13 minutes by car from the Orion Building.
- Foremarke School Dubai: Located in Dubai Science Park, about a 10-minute drive from the Orion Building.
- Safia Al Ulama Primary School: Found in Al Barsha South, approximately a 15-minute drive from the Orion Building.

What are the closest medical clinics to 'Orion Building' project in Dubai?

- Mediclinic Parkview Hospital: Located in Al Barsha South, near the intersection of Umm Suqeim Road and Sheikh Mohammed Bin Zayed Road, approximately a 10-minute drive from Orion Building in Arjan.

- Aster Clinic: Situated in Arabian Ranches, near the Arabian Ranches Community Center, approximately a 15-minute drive from Orion Building.

- Medicentres Motor City: Found in the First Avenue Mall in Motor City, around a 10-minute drive from Orion Building in Arjan.

- Emirates Hospital Day Surgery & Medical Center, Motor City: Located in Detroit House, Motor City, roughly 10 minutes away from the Orion Building.