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Yansoon 3, Old Town Dubai: A Guide to Living in the Heart of Dubai

Yansoon 3 is a residential building in the heart of Old Town Dubai. This luxurious development is part of the larger Downtown Dubai community, known for its iconic landmarks like the Burj Khalifa and Dubai Mall. Yansoon 3 offers residents a prime location with easy access to amenities and attractions.

  • Location: Yansoon 3 is in Downtown Dubai’s charming Old Town district, known for its traditional Arabian architecture and bustling atmosphere.
  • Amenities: The building provides a selection of services for citizens, including a swimming pool, fitness center, and 24-hour security.
  • Apartments: Yansoon 3 features a variety of apartments to suit different lifestyles and preferences.
  • Price range: The cost of living in Yansoon 3 varies depending on the size and type of apartment. According to recent search results, two-bedroom apartments for rent in Yansoon 3 are priced from AED 155k to AED 250k, while apartments for sale start at AED 1.7 million.
  • Transport: Yansoon 3 is well-connected to the rest of Dubai, with simple entry to major roads and public transport links. It takes a maximum of 9 minutes to drive to Dubai Mall, 19 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab, and 23 minutes to The Walk JBR.
  • Developer: Yansoon 3 was developed by Emaar Properties, one of Dubai’s leading real estate developers.

Overview of Yansoon 3

Yansoon 3 is a residential building in Downtown Dubai’s Old Town neighborhood. Developed by Emaar Properties, it offers a luxurious living experience with its modern design and state-of-the-art facilities.

Project Name and Developer

Yansoon 3 is a project developed by Emaar Properties, one of the main real estate developers in the UAE. Emaar Properties is known for its high-end projects, which offer residents a luxurious living experience.

Location and Neighborhood

Yansoon 3 is located in the heart of the Old Town neighborhood, a charming and picturesque area in Dubai. One of the biggest shopping malls in the world, the Dubai Mall, is directly next to the structure. Additionally, the neighborhood provides quick access to well-known locations in Dubai, like the Dubai Fountain and the Burj Khalifa.

Completion Status and Year Built

Yansoon 3 was completed in 2008 and is one of the most sought-after residential buildings in the Old Town neighborhood. The building features 13 floors and offers a range of apartments, from one- to three-bedroom units.

Overall, Yansoon 3 is a perfect choice for those looking for a luxurious living experience in the heart of Dubai. With its modern design, state-of-the-art facilities, and prime location, Yansoon 3 offers everything one needs for a comfortable and convenient life in the city.

Property Types and Features

Available Units and Property Size

Yansoon 3 offers a range of property types to suit different needs. The available units are primarily apartments with one, two, and three bedrooms. The apartments are spacious and well-designed, with modern features and fittings. The property size varies depending on the number of bedrooms and the apartment’s layout.

  • 1 Bed: The one-bedroom apartments in Yansoon 3 are perfect for singles or couples. They offer a comfortable living space with approximately 800 sq ft.
  • 2 Beds: The two-bedroom apartments are ideal for small families or those who need extra space. They offer an area of roughly 1,500 sq ft.
  • Units: Yansoon 3 has 87 units, including one-, two-, and three-bedroom apartments.

Floor Plans and Condition

The floor plans of the apartments in Yansoon 3 are well-designed, focusing on functionality and comfort. The apartments are in excellent condition, with modern fittings and fixtures.

  • Floor Plans: The floor plans of the apartments in Yansoon 3 are well-designed, with a focus on functionality and comfort. The apartments have spacious living areas, well-appointed kitchens, and comfortable bedrooms.
  • Condition: The apartments in Yansoon 3 are in excellent condition, with modern fittings and fixtures. The building is well-maintained, with regular cleaning and maintenance carried out by the management.

Overall, Yansoon 3 offers a range of property types to suit different needs. The apartments are spacious, well-designed, and in excellent condition. The building is well-maintained, with modern features and fittings.

Amenities and Facilities

Yansoon 3, Old Town Dubai, provides services and facilities that cater to its residents’ needs. The following subsections provide more information on residents’ recreational facilities and outdoor spaces.

Recreational Facilities

Residents of Yansoon 3 can enjoy a variety of recreational facilities, including a communal pool and a kids’ pool. The communal pool is perfect for swimming laps, while the kids’ pool is ideal for splashing around in.

Yansoon 3 has a gym with the latest equipment for those who enjoy working out. After a workout, citizens can unwind in the sauna, perfect for relaxing tired muscles.

Outdoor and Community Spaces

Yansoon 3 boasts a spacious BBQ area where residents can gather and enjoy meals with friends and family. The communal garden area is perfect for relaxing and enjoying the beautiful surroundings. Residents can also stroll in the garden or enjoy the views from their balcony.

The outdoor spaces at Yansoon 3 are perfect for hosting events and gatherings. The area is well-maintained and provides a peaceful and tranquil environment for residents.

Pricing and Sales Information

Sales Prices and Market Trends

Yansoon 3 is a popular residential building in Dubai’s Old Town area. The normal price for a one-bedroom apartment in Yansoon 3 ranges from AED 1,700,000 to AED 2,800,000, depending on the size and location of the unit. The market conditions for apartments in Yansoon 3 have been stable in recent months, with a steady demand for properties in this area.

According to recent sales transactions, the average price per square foot for apartments in Yansoon 3 is AED 1,330. The number of sale transactions has been consistent over the past year, with a few units sold monthly. The investment option in Yansoon 3 is a good choice for those looking for a stable return on investment.

Rental Market and Monthly Rentals

Yansoon 3 is also famous for those looking to rent apartments in the Old Town area. The monthly rental for a 1-bedroom apartment in Yansoon 3 ranges from AED 90,000 to AED 130,000, based on the size and location of the unit. The rental market for apartments in Yansoon 3 has been stable in recent months, with a steady demand for properties in this area.

The normal rental price per square foot for apartments in Yansoon 3 is AED 100. The number of rented units has been consistent over the past year, with a few units being rented monthly. Yansoon 3 is a good option for those looking for a comfortable and convenient living space in the heart of Dubai.

In summary, Yansoon 3 is a famous residential building in the Old Town area of Dubai, with stable market conditions for both sales and rentals. The investment option in Yansoon 3 is a good choice for those looking for a stable return on investment, and the monthly rentals are competitive compared to other areas in Dubai.

Investment Potential and Performance

Return on Investment (ROI) and Growth

Yansoon 3, Old Town Dubai, offers a promising investment opportunity for those looking to invest in the real estate market. Investors can earn up to 5.54% return on investment in Yansoon 3, while the ROI value can change based on the property’s size, location, amenities nearby, and changes in market dynamics. The following factors contribute to the investment potential of Yansoon 3:

  • The location of Yansoon 3 is strategic, with easy access to major landmarks such as Dubai Mall, Palm Jumeirah, Burj Al Arab, and The Walk JBR.
  • The property is available for sale, making it an affordable investment option for those with a budget.
  • Yansoon 3’s ROI has shown consistent growth over the years, indicating a strong performance in the real estate market.
  • Yansoon 3 offers vacant and furnished apartments, allowing investors to choose the right property based on their investment goals.

Investor Insights and Property Demand

Investors looking to invest in Yansoon 3 should consider the following insights and trends in property demand:

  • The demand for properties in Old Town Dubai has been consistently high, making Yansoon 3 a lucrative investment option.
  • The property is vacant on transfer, making it an attractive option for those seeking immediate rental income.
  • Yansoon 3 offers upgraded and fully upgraded apartments in high demand among tenants.
  • Investors should monitor changes in market dynamics, as they can affect the property’s ROI and performance.

Its location, affordability, and consistent growth in ROI make it an attractive option. However, investors should monitor changes in the market dynamics and demand trends to make informed investment decisions.

Community and Lifestyle

Yansoon 3 is located in the heart of Old Town Dubai, a neighborhood that combines traditional Arabian architecture’s charm with modern city life’s vibrancy. The compound provides a selection of amenities, including shopping, dining, and entertainment services, all within walking distance.

Living Experience and Reviews

Residents of Yansoon 3 have praised the building’s elegant living residences, which offer stunning views of the Burj Khalifa and the surrounding area.

Many residents have also praised the community’s friendly and welcoming atmosphere, which fosters a sense of belonging and community spirit. The building’s convenient location and proximity to primary transportation links make exploring the city and all it offers easy.

Corporate Social Responsibility

Yansoon 3 is part of Emaar Properties, a company committed to corporate social responsibility and giving back to the community. Through the Emaar Foundation, the company supports a range of charitable initiatives, including Dubai Cares, the Dream for Future Africa Foundation, and the United Nations World Food Programme.

In addition, Emaar Properties is committed to raising awareness about autism through its Autism Awareness campaign, which wants to promote understanding and acceptance of people with autism. Living in Yansoon 3 makes residents feel good about supporting a company dedicated to making a positive difference in the world.

Accessibility and Nearby Attractions

Yansoon 3 is a residential building in the heart of Old Town Dubai, known for its luxurious lifestyle and iconic landmarks. The building is simply accessible from Sheikh Zayed Road and is just a couple of minutes away from Dubai Mall and Burj Khalifa, two of Dubai’s most popular tourist attractions.

Proximity to Dubai Mall and Burj Khalifa

Yansoon 3 offers many shopping, dining, and entertainment options and is close to Dubai Mall, one of the biggest malls in the world. The mall has more than 1,200 shops, including upscale clothing labels and boutiques. Additionally, there are movie theaters, an indoor theme park, and ice skating for visitors to enjoy.

Yansoon 3 is close to the world’s tallest structure, Burj Khalifa. Citizens can eat at one of the restaurants on the 122nd floor or take in expansive views of the city from the observation deck on the 124th floor.

Nearby Schools and Nurseries

Yansoon 3 is surrounded by several reputable schools and nurseries, making it ideal for families with children. JSS Private School, Gems Wellington Primary School, and Hartland International School are all within a 10-minute drive of the building. These schools offer various academic programs and extracurricular activities for students of all ages.

For younger children, Blossom Nursery, Jumeirah International Nurseries, and Toddler Town British Nursery are all located a short distance from Yansoon 3. These nurseries provide a safe and nurturing environment for children to learn and grow.

In conclusion, Yansoon 3 is a prime location in Old Town Dubai, offering easy access to some of the city’s most popular attractions and amenities.

Real Estate Services and Agents

Agency Listings and Contacts

Several options exist for real estate services and agents in Yansoon 3, Old Town Dubai. Some of the most well-known agencies in the area include Bayut and OT Specialist. These companies have a proven track record of providing high-quality services to their clients.

Bayut is a popular real estate agency in the UAE, known for its extensive property listings and reliable customer service. Bayut also offers various other services, including property management and mortgage advice.

OT Specialist is another reputable real estate agency in Yansoon 3. The agency specializes in the Old Town and profoundly understands the local property market. OT Specialist offers various services, including property sales, rentals, and property management.

Specialist Services

In addition to the ordinary real estate services offered by agencies like Bayut and OT Specialist, several specialist services are available in Yansoon 3. These services cater to clients with specific needs or requirements.

For example, several agencies specialize in new properties in Yansoon 3. These agencies have access to the latest developments in the area and can provide clients with information about upcoming projects and new properties.

There are also agencies that specialize in properties near Yansoon 3. These agencies deeply understand the local area and can help clients find properties close to the amenities and attractions they require.

Finally, some agencies offer various real estate services, including property management and mortgage advice.

Overall, many real estate services and agents are available in Yansoon 3, Old Town Dubai. Whether clients are looking for a new property, need help with property management, or require mortgage advice, some agencies can provide the services they need.

Frequently Asked Questions

What are the current rental rates for Yansoon 3, Old Town properties?

As of June 2024, the current rental rates for properties in Yansoon 3, Old Town, Dubai, range from AED 70,000 to AED 200,000 per year, depending on the size and type of the unit. These rates are subject to change based on market conditions.

How do the sale prices of apartments in Yansoon 3 compare to other Old Town developments?

The sale prices of apartments in Yansoon 3 are generally comparable to those of other developments in Old Town, Dubai. However, prices can change based on the unit’s size, type, and location. It is recommended that you conduct research and consult with a real estate professional to get an accurate understanding of the current market conditions.

What amenities are available to residents of Yansoon 3 in Downtown Dubai?

Residents of Yansoon 3 have access to a variety of amenities, including:

  • Swimming pool
  • Gymnasium
  • 24-hour security
  • Covered parking
  • Children’s play area
  • Community center

Are there any recent market trends affecting property values in Yansoon 3?

As with any real estate market, trends can always affect property values. However, as of June 2024, no significant market trends are having a major impact on property values in Yansoon 3.

What types of properties are typically available for sale in Yansoon 3?

Yansoon 3 offers a range of properties for sale, including:

  • Studios
  • 1-bedroom apartments
  • 2-bedroom apartments
  • 3-bedroom apartments

How does the location of Yansoon 3 influence its desirability for potential renters or buyers?

  • The location of Yansoon 3 in Old Town, Dubai, is highly desirable for potential renters or buyers due to its proximity to major attractions such as the Dubai Mall, Burj Khalifa, and Dubai Fountain. The area is also well-connected to transportation networks, making it easy to get around the city.

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