What's the price range at Deira Residences Block 60?
Current price per sqft: AED 3544. Recent transactions: 2BR 2138sqft at AED 18,011,326. Price history (12 months): ranging from AED 5312 to AED 5394/sqft.
Complete guide to Deira Residences Block 60 in Deira: pricing, amenities, rental potential and ownership costs.
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Current price per sqft: AED 3544. Recent transactions: 2BR 2138sqft at AED 18,011,326. Price history (12 months): ranging from AED 5312 to AED 5394/sqft.
Unit mix: 5 × 1BR, 24 × 2BR, 65 × 3BR, 0 × 4BR. Total: 224 units. Standard residential tower.
Tier: PREMIUM. Investment thesis: "Quality residential with strong fundamentals and consistent market demand.". Comparable buildings in Deira range AED 3044–4044/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities: Pool, Gym, Concierge, Parking, Community Center. Year completed: 2020. Floors: 24. Well-maintained common areas and 24/7 security.
24 floors. Total units: 224. Average units/floor: 10. View types: Marina views, City views. Higher floors command premium pricing.
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (24 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Beach: 6 mins. Nearby Station metro: 11 mins. Downtown Dubai: 37 mins. Airport (DXB): 28 mins.
Metro accessible via Nearby Station. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
Located in Deira, a premium community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: upscale and vibrant.
Service charge: ~AED 1240.3999999999999/sqft/year typical for tier PREMIUM. Estimate for 2BR (1500 sqft): AED 155050/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
Gross rental yield: 5.8%–7.3%. 1BR typical rent: AED 25,765.5/month. 2BR: AED 37,755.917/month. Strong tenant demand; typical vacancy: 1–2 months/year.
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