Residence-110 in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

The price of an apartment in Residence-110 is 17,873 AED/sqm on average.

About Residence-110

'Residence-110' in 'Business Bay' area project description

The Residence-110 project, located in the vibrant Business Bay area of Dubai, emerges as a prestigious residential development designed to deliver an upscale urban living experience. This project's architecture fuses contemporary aesthetics with functionality, offering an array of luxurious apartments that capture Dubai's skyline's essence. The building's modern design is complemented by high-end finishes and quality materials, reflecting the city's reputation for opulence.

Residence-110 provides a range of units, including one, two, and three-bedroom apartments. Each unit is meticulously designed to maximize space, natural light, and views, providing residents with a sense of openness and tranquility. Large windows, spacious balconies, and state-of-the-art amenities are standard features, ensuring that residents enjoy an elevated lifestyle. The interior design is characterized by clean lines, neutral color palettes, and premium fixtures, creating a sophisticated and inviting atmosphere.

The complex's amenities are thoughtfully curated to cater to the needs and desires of modern urban dwellers. Residents have access to a fully equipped fitness center, a temperature-controlled swimming pool, and dedicated children's play areas, promoting a healthy and active lifestyle. Additionally, landscaped gardens and communal outdoor spaces offer a serene retreat from the bustling city life, encouraging social interaction and relaxation.

Residence-110's strategic location in Business Bay adds significant value to the property, placing residents at the heart of one of Dubai's most dynamic districts. Business Bay is known for its mix of commercial, residential, and leisure developments, offering a plethora of dining, shopping, and entertainment options. Proximity to major highways and public transportation hubs ensures seamless connectivity to other parts of the city, including Downtown Dubai, the Dubai Mall, and Dubai International Airport.

Security and convenience are also paramount at Residence-110. The building features 24-hour security and concierge services, secure parking, and advanced access control systems, providing peace of mind to residents. Additional services such as housekeeping and maintenance can be availed to enhance the living experience further.

The Residence-110 project stands out as a beacon of modern luxury in Dubai's ever-evolving real estate landscape. It caters to discerning individuals and families who seek a blend of elegance, convenience, and community in their residential choice. Its integration of premium living standards, prime location, and comprehensive amenities makes it a coveted address in Business Bay, reflecting Dubai's vision for futuristic and luxurious urban living.

Q&A on Residence-110

What are the advantages of 'Residence-110' project in Dubai for property buyers? What are the disadvantages?

Advantages of 'Residence-110' in Business Bay:

1. Prime Location: Being in Business Bay, it offers proximity to Downtown Dubai, including landmarks like Burj Khalifa and Dubai Mall.
2. Investment Potential: Business Bay is a dynamic business district, providing strong rental yields and property appreciation potential.
3. Modern Amenities: Typically, such developments come with high-end amenities like swimming pools, gyms, and community spaces.
4. Transportation Links: Excellent connectivity with major roads (e.g., Sheikh Zayed Road) and public transportation options including metro and bus services.
5. Lifestyle and Convenience: Close to various dining, entertainment, and retail options enhancing the urban living experience.
6. Developer Reputation: If developed by a reputed developer, it ensures quality construction and good after-sales service.

Disadvantages of 'Residence-110' in Business Bay:

1. High Cost: Premium location typically comes with high property prices, possibly making it less accessible for budget buyers.
2. Traffic Congestion: Peak hours may bring significant traffic, common in central business districts.
3. Noise Levels: Being in a commercial hub, there could be higher noise levels and hustle and bustle.
4. Overdevelopment Risks: Rapid development in the area may lead to oversupply, potentially affecting rental yields and resale value.
5. HOA Fees: Maintenance and service fees in high-end properties can be substantial, adding to the overall cost of ownership.
6. Urban Density: Preference for a quieter, low-density environment might not be fulfilled due to the urban, densely-packed nature of Business Bay.

What projects are better than 'Residence-110' project in Dubai which are located close by, and why?

- The Opus by Omniyat
- Architectural Design: Designed by the renowned architect Zaha Hadid, the building features an iconic, futuristic look.
- Amenities: Offers luxury residences, a hotel, fine dining restaurants, and office spaces.
- Proximity: Located centrally in Business Bay with easy access to Downtown Dubai and other key areas.

- SLS Dubai Hotel & Residences
- Height and Views: One of the tallest hotels and residences in Dubai, offering spectacular views of the Dubai skyline.
- Lifestyle: Features infinity pools, a spa, and fine dining options, providing a comprehensive luxury lifestyle.
- Brand: Managed by the globally recognized SLS brand, promising high standards of service and luxury.

- Paramount Tower Hotel & Residences
- Themed Living: Inspired by Hollywood, the interiors and common areas provide a cinematic experience.
- Facilities: Includes rooftop infinity pool, wellness center, and a state-of-the-art fitness center.
- Investment Potential: High rental yields due to the brand recognition and thematic appeal.

- The Atria by Deyaar
- All-Inclusive Living: Offers a mix of residential units and hotel apartments, making it versatile for different types of residents.
- Amenities: Home to retail spaces, a luxurious spa, well-equipped gym, and multiple dining options.
- Reputation: Developed by Deyaar, one of Dubai’s most reputable developers.

- DAMAC Towers by Paramount Hotels & Resorts
- Ambiance: Offers a blend of glamorous Hollywood living mixed with Middle Eastern elegance.
- Facilities: Numerous dining options, a wellness center, luxury retail outlets, and a variety of entertainment options.
- Versatility: Comprises four towers that offer residential units, hotel apartments, and luxury hotels.

- Executive Towers
- Community Living: A more established residential area with a plethora of retail outlets and recreational facilities.
- Accessibility: Closer to Business Bay metro station and major road networks.
- Variety: Offers a diverse range of units, from 1-bedroom apartments to larger family-oriented units, catering to different demographic needs.

- The Distinction by DAMAC
- Luxury Living: High-end finishes and meticulously designed interiors.
- Guest Facilities: Includes hospitality services, concierge, and valet parking.
- Investment Appeal: Strong brand and premium location enhance its desirability among investors.

What are the closest schools to 'Residence-110' project in Dubai?

The closest schools to the 'Residence-110' project in Business Bay include:

1. Clarion School
- Location: Al Quoz 1, near Al Wasl Road

2. Horizon English School
- Location: Street 30B, Al Safa

3. Jumeirah English Speaking School (JESS)
- Location: Al Safa

4. Nord Anglia International School Dubai
- Location: Al Barsha South

5. GEMS Wellington Primary School
- Location: Sheikh Zayed Road, Al Satwa

These schools provide a range of curriculums from the British to American systems, catering to the educational needs of residents in Business Bay.

What are the closest medical clinics to 'Residence-110' project in Dubai?

- Emirates Hospital Clinics - Business Bay
- Dubai London Clinic - Business Bay
- Mediclinic Dubai Mall
- Aster Clinic - Business Bay
- Al Zahra Medical Centre - Business Bay
- Valiant Clinic & Hospital