Properties for Sale in Culture Village

Shops and malls

W Mart Fresh grocery store (near Dubai Wharf Tower 2) and W Mart Supermarket (near Dubai Wharf Tower 4) are located within walking distance from the residential buildings. One can find shops in Dilan Tower (Real Mini Mart) and D1 (All day Mini-Mart) and Spring Green Market and Panificio La Brioche are a 15-minute walk away from Al Jadaf metro station. There is a small Carrefour store in Wafi Mall (10 minutes along Sheikh Rashid Road towards Downtown Dubai) and a Carrefour hypermarket situated on the other side of the canal in Dubai Festival City Mall (7 minutes by car).

There are many boutiques and shops as well as Al Karama Fish Market and Russian grocery store Pro Stor which are located further along Sheikh Rashid Road (exit to Umm Hurair Road).

Banks

The nearest bank branches are in Dubai International Financial Center (DIFC). One can reach the Agricultural Bank of China, Al Fattan Currency House, Credit Suisse AG, Universal Capital Bank in 15 minutes by car.

The nearest Mashreq ATM is within walking distance (15 minutes from most residential buildings in the area and 10 minutes from the metro station) at the Hilton Garden Inn Al Jadaf.

Nurseries and educational institutions

Kindergartens are within a 12-minute drive from Culture Village. Oud Mehta has Banana Moon and Al Karama has Tappy Toes Nursery, Humble Bumble Nursery and Chubby Cheeks. There is the Redwood Montessori Nursery, where they use Montessori training, which is situated on the other side of the canal in Garhoud.

The nearest schools are in the Oud Metha area (10-12 minutes by car), and include Dubai Gem Private School, Zabeel High School (for girls), GEMS Winchester School, St. Mary’s Catholic High School and Lycée Français International Prive are just a few worth mentioning.

There is The Indian High School, Cambridge International School, Al Mawakeb School and Al Khaleej National School all located near Culture Village on the other side of the canal, in Al Garhoud.

The nearest higher education institutions in the Al Garhoud area include The American College of Dubai, Al Falah University and Emirates Aviation University.

European University College and the Mohammed Bin Rashid University of Medicine and Health Sciences (MBRU – medical university) are situated in Dubai Healthcare City.

Culture Village is an attractive place to live since it presents real estate of different types for different budgets, from inexpensive small studios with living areas starting from 538 sq. ft to penthouses of over 10,763 sq. ft. In addition, Culture Village differs by only having low-rise buildings with a calm atmosphere typical of more expensive areas in the region.

The most noticeable Culture Village project, the Palazzo Versace hotel, proposes expensive apartments and penthouses for sale and to rent. The value of the properties sold over the past year range from AED 2,000,000 to AED 10,000,000 with many of them purchased through mortgages.

Palazzo Versace is a truly unique place in Dubai, nestled on the banks of the premium waterfront, with the building itself reminiscent of a 16th century Italian Palace, the hotel combines all the advantages of a hotel complex with close proximity to the canal and local parks and cultural sites

Residential complexes in the Dubai Wharf Niloofar Tower and Iris Amber offer studios and 1-3-bedroom apartments at affordable prices (less than AED 1,000,000 for a one-bedroom apartment). The rental prices in these buildings are low too, and cheaper than the market average. For instance, one may rent a studio in Iris Amber for less than AED 40,000 per year.

This means buyers can find decent housing options at an affordable price or very cheap options for studios and one-bedroom apartments in Culture Village. The convenient transport location, infrastructure and low cost make inexpensive housing options in Culture Village very popular in the rental real estate market. Their profitability is slightly lower than the same type of property in D1, however, the low price makes it a good option for those who want to invest but do not have the biggest budget.

Besides hotel rooms, Palazzo Versace Dubai offers apartments (between one and six bedrooms), penthouses and townhouses with a total of 169 different residential real estate offers. The main building has eight floors and offers everything that a hotel of this level should have, including a spacious lobby, hotel services, a private outdoor pool, a spa complex, restaurants, bars, a gym, garden areas and 24-hour security. The residents also have allocated personal parking spaces.

All apartments have a unique and exclusive design and finishings are made of natural materials (parquet and stone mosaic). The apartments are fully equipped with all the necessary appliances and come fully furnished, with spacious living and dining rooms, a maid’s quarter, ironing rooms, balconies and terraces. There is limited availability for apartments with an area of 1,614 sq. ft at the cost of AED 2,500,000 (USD 680,000). Most other real estate options within this complex are no longer available due to popular demand. Penthouses with 3-7 bedrooms stand out with an exclusive layout and interior, unique decor and furnishings. Prices for these types of units start from AED 10,000,000 for a 4,843 sq. ft penthouse (approx USD 2.700,000).

A penthouse of 6,856 sq. ft with five bedrooms and four bathrooms with a spacious living and dining area, floor to ceiling marble bathrooms and a soft, light interior design is on the market for just over AED 24,000,000 (USD 6,500,000).

Dubai Wharf (Dubai Properties) buildings and adjacent complexes have everything needed for comfortable living, like a gym, a swimming pool, sauna and jacuzzi, children’s playgrounds, a garden and a barbecue area. All buildings have central air conditioning and a ventilation system, as well as a modern fire safety system. Residents are allowed pets on the premises as there is a grooming salon within Culture Village where one can send their pet. Despite the small number of floors, there are high-speed elevators in all buildings, video surveillance and a security service that provides the safety of residents round the clock. Some details of both the services and the internal layout of the apartments may differ slightly depending on the building and the price.

The complex has studios and apartments with 1-3 bedrooms, and all units have a balcony, fully equipped kitchens and bathrooms. One parking space is available for studios and one-bedroom apartments, and more allocated parking spaces come with 2-3-bedroom apartments.

The living area of the studios is from 649 sq. ft to 662 sq. ft and one-bedroom apartments have an area of 987 sq. ft – 1,003 sq. ft, with a combined living room and kitchen, and a dressing room.

Niloofar Tower offers the same range of amenities and services as Dubai Wharf Tower. There is underground parking with a car repair and maintenance service center closeby, however only one parking space is provided for all types of apartments. The studio living area is 581 sq. ft – 645 sq. ft, apartments with one bedroom have a floor plan area of 1,119 sq. ft, and two bedroom apartments have 1,356 sq. ft to 1,582 sq. ft living area. Apartments come furnished, have a fully equipped kitchen and fully fitted bathrooms, as well as fitted wardrobes. One and two-bedroom apartments also feature balconies.

Renting an apartment with one bedroom and two bathrooms with an area of 914 sq. ft will cost AED 52,000 per year (USD 14,000).