Deira
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Key Features:
- Historic Significance: Deira is one of the earliest developed areas in Dubai and retains much of its traditional character and charm.
- Key Historic Sites:
- Dubai Creek: A historic waterway that has been the lifeline of Dubai's trade and commerce for centuries.
- Al Fahidi Historic District: An area featuring restored traditional buildings, museums, and cultural exhibits.
- Heritage House: A traditional Emirati home turned museum, offering insights into the local lifestyle.
- Key Historic Sites:
- Bustling Markets: Deira is renowned for its vibrant markets and souks, where visitors can experience the hustle and bustle of traditional commerce.
- Key Markets:
- Gold Souk: A famous market with hundreds of shops offering a wide range of gold jewelry and precious stones.
- Spice Souk: A traditional market filled with an array of spices, herbs, and traditional remedies.
- Deira Fish Market: A bustling market where fresh seafood is sold daily.
- Key Markets:
Property Types:
- Apartments: Deira offers a variety of apartments, from affordable units to luxury residences, catering to a diverse range of residents.
- Notable Residential Buildings:
- Deira Twin Towers: Iconic residential buildings offering spacious apartments with city and creek views.
- Al Ghurair Centre Apartments: Modern apartments with access to shopping and dining facilities.
- Al Muteena Residences: Affordable apartments in a prime location.
- Notable Residential Buildings:
- Villas and Townhouses: While primarily known for its apartments, Deira also features a limited number of villas and townhouses.
- Notable Villa Communities:
- Al Mamzar Villas: Luxurious villas with private gardens and close proximity to the beach.
- Deira Waterfront Villas: Exclusive waterfront villas offering stunning views and premium amenities.
- Notable Villa Communities:
Statistics and Market Trends:
- Average Price per Square Foot: As of 2024, the average price per square foot in Deira is approximately AED 1,200.
- Rental Yields: Rental yields in Deira typically range between 6-8%, making it an attractive area for investors.
- Population: Deira has a diverse population of over 200,000 residents, including expatriates, professionals, and families.
- Occupancy Rate: The occupancy rate in Deira is high, often exceeding 90%, due to its central location and affordable housing options.
Amenities and Lifestyle:
- Shopping and Dining: Deira offers a variety of dining options, cafes, and retail outlets to cater to the needs of its residents and visitors.
- Key Restaurants:
- Shabestan: +971 4 222 7171
- Al Dawaar Revolving Restaurant: +971 4 209 6887
- Al Ustad Special Kebab: +971 4 397 1933
- Retail Outlets:
- Deira City Centre: A major shopping mall with a wide range of stores, restaurants, and entertainment options.
- Al Ghurair Centre: One of the oldest shopping malls in Dubai, offering a variety of retail and dining experiences.
- Naif Souk: A traditional market offering a range of goods, from textiles to electronics.
- Key Restaurants:
- Recreation and Leisure: The area provides ample opportunities for outdoor activities, including parks, fitness centers, and waterfront promenades.
- Key Spots:
- Al Mamzar Beach Park: A large park with beaches, swimming pools, and picnic areas.
- Dubai Creek Golf & Yacht Club: +971 4 295 6000
- Fish Roundabout Park: A small park with green spaces and recreational facilities.
- Key Spots:
- Transportation: Deira is well-connected by road, metro, and water transport, ensuring convenient commuting within the city.
- Key Metro Stations:
- Union Metro Station
- Al Rigga Metro Station
- Baniyas Square Metro Station
- Key Metro Stations:
- Healthcare and Education: Several clinics, hospitals, and schools are located within or near Deira, catering to the needs of residents.
- Key Facilities:
- Dubai Hospital: +971 4 219 5000
- NMC Medical Centre Deira: +971 4 268 3131
- New Indian Model School: +971 4 282 4313
- Deira International School: +971 4 232 5552
- Key Facilities:
Why Choose Deira?
- Cultural Richness: Deira offers a unique blend of traditional charm and modern conveniences, providing an authentic Dubai experience.
- Affordable Living: The area offers a variety of affordable housing options, making it accessible to a wide range of residents.
- Central Location: Centrally located with easy access to key areas in Dubai, including Downtown Dubai and Dubai International Airport.
- Vibrant Community: A dynamic environment with a mix of families, professionals, and expatriates, ensuring a lively atmosphere.
- Investment Potential: Deira is a growing community with high rental yields and strong demand for both residential and commercial properties, offering excellent investment opportunities.
- Quality of Life: The combination of cultural richness, modern amenities, and a vibrant community makes Deira an attractive place to live and work.
Are you looking for a property in Deira? Contact VIP Property's professional real estate consultants today!