Astor Madison Retail by DAMAC Properties is a five-storey complex featuring comfortable residential apartments and commercial stores. It is located in the Majan community of Dubailand. The project was launched by DAMAC Properties in 2015. The Manhattan-style building is currently partially occupied.
Astor Madison Retail offers spacious studios and apartments with one- to two-bedroom layouts. Units feature large windows, balconies, built-in kitchen furniture, and light-colored cabinets. Living areas are connected to the building’s central air conditioning system. There is a large convenience store located on the basement level, and elevators are located in the building.
Astor Madison Retail offers a variety of amenities, including:
The size of a studio starts at 43 sq. m. (467 sq. ft.), and apartments have a starting price of AED 885, 000 (USD 241,000).
*The price is valid for 2021
The complex is located in an area with excellent infrastructure and an abundance of attractions. There are several nearby grocery stores, such as Carrefour, and residents can take advantage of local cafés and restaurants.
Sheikh Mohammed Bin Zayed Road offers residents easy access to Global Village, one of the world’s largest entertainment venues, as well as the Mall of the Emirates. Astor Madison Retail is located within a short drive of several popular destinations, including:
The area offers several schools, including Gems Wellington Academy, Repton Al Barsha FZ-LLC, and GEMS New Millennium School L.L.C, which use a British curriculum.
For now, the area does not have direct access to public transportation. However, local authorities have plans to build the Golden Metro Line, which will connect Dubailand with the rest of the city.
Dubailand is adjacent to Global Village, Arabian Ranches, and Dubai Silicon Oasis. The area is popular among visitors who rent apartments to be near famous city attractions. The Majan community is an ideal place for families with children.
Residential property in Dubailand offers excellent investment opportunities. The average gross yield for an apartment in the area is 5.8%. Studios and one-bedroom apartments are particularly in high demand. According to experts, Dubailand is one of the four most popular areas in Dubai for owning property, and the area is expected to experience growth in the coming years.
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