Properties for Sale in Dubai Industrial Park
Projects in Dubai Industrial Park
About the neighbourhood
Dubai Industrial Park is a residential sector of Dubai Industrial City, which is divided into several communities. It is located next to Sheikh Mohammed Bin Zayed Road, and the area features a well-developed infrastructure making it popular among investors.
Dubai Industrial Park is a small, prestigious, and environmentally-friendly area. It is under the jurisdiction of the Dubai Technology and Media Free Zone, which covers an area of 52,025,700 sq. m (559,999,974 sq. ft). The territory offers an abundance of beautifully landscaped parks and gardens. Real estate includes villas, townhouses, apartments, and commercial properties.
Dubai Industrial Park is located on the outskirts of Dubai near Al Maktoum International Airport. Public transportation is not yet available in the community; however, bus stops are available within a 15-minute drive of the residences.
Dubai Industrial Park is home to Sapphire Mall, a two-story shopping centre that covers an area of 20,000 sq. m It features a variety of restaurants, retail stores, and the Al Madina Hypermarket. There are additional shopping malls, such as Outlet Village, Ibn Battuta Mall, and Dubai Marina Mall, located within a 20- to 35-minute walk of the residential sector.
Residents can access several grocery stores in neighbouring areas, such as Madinat San Marco, Fathima, and Sunrise City, as well as grocery stores in Dubai Industrial Park.
For now, the area does not offer any educational institutions. However, residents have access to schools in the nearby community of Dubai Investments Park, which can be reached within a 20-minute drive of the residences. Some of the most popular local schools include Greenfield International School, Bright Riders School Dubai, and Nibras International School.
The nearest hospital is NMC Royal Hospital, which covers an area of 1,600 sq. m (17,222 sq. ft) and is located in Dubai Investments Park. It provides first-class medical care and a wide variety of services. Residents can also go to Aster Hospitals, which are situated within a 20- to 30-minute drive of the residential sector.
Economic attractiveness
Dubai Industrial Park is a part of the Dubai Industrial City business district, which offers all of the necessary infrastructures for living and working in comfort. The area attracts both tenants and investors. The return on investment rate for a property in this area is 6.2%, per annum.
Dubai Industrial Park was carefully planned and has spacious warehouses, upscale offices, and residential complexes. The cost of renting a villa, apartment, or townhouse depends primarily on its location within the area. The average annual rental cost for a three-bedroom villa is AED 48,000 (USD 13,068), and the average annual rental cost for a two-bedroom townhouse is approximately AED 38,000 (USD 10,345).
In addition to villas and townhouses, Dubai Industrial Park offers studios and apartments with one and two bedrooms. The average annual rental cost for a studio is AED 25,000 (USD 6,806). The average annual rental cost for a one-bedroom apartment is AED 34,000 (USD 9,256), and the average annual rental cost for a two-bedroom apartment is AED 45,000 (USD 12,251).
The purchase price of a unit depends on its location and amenities. A three-bedroom villa in Dubai Industrial Park ranges in price from AED 750,000 (USD 204,192) to AED 800,000 (USD 217,805).
*The price is valid for 2021
Top real estate projects
Dubai Industrial Park offers a wide range of apartments, townhouses, and villas at affordable prices. The most popular real estate projects include the following complexes.
Sahara Meadows is a gated complex that is divided into two areas: Sahara Meadows 1 and Sahara Meadows 2. Villas and townhouses feature one- to three-bedroom layouts and are available for sale and rent. The average annual rental cost for a two-storey townhouse is AED 60,000 (USD 16,300), and the purchase price is AED 1,100,000 (USD 299,486). Townhouses include three bedrooms, multiple bathrooms, storage rooms, and living rooms. Villas have similar layouts with the addition of walk-in closets and two parking spaces. The average annual rental cost for a two-bedroom villa is AED 55,000 (USD 14,974), and the purchase price is AED 790,000 (USD 215,085).
*The price is valid for 2021
Spanish Twin Villas was completed in 2015 and includes luxuriously furnished villas with four bedrooms, six bathrooms, spacious living rooms, kitchen-dining areas, and laundry rooms. The gated complex has a small garden, barbecue area, children’s playground, and covered parking. Villas range in price from AED 2,200,000 (USD 598,972) to AED 2,500,000 (USD 680,650).
*The price is valid for 2021
Al Haseen Residences is an apartment complex consisting of studios and apartments with one- and two-bedroom layouts. Units are equipped with spacious sleeping areas, bathrooms, small kitchens, and balconies. The complex also has a large temperature-controlled swimming pool, gym, and rooftop garden. The annual rental cost for a studio ranges from AED 20,000 (USD 5,445) to AED 25,000 (USD 6,806), and the purchase price is AED 430,000 (USD 117,071).
*The price is valid for 2021
Attractions
There are several popular city parks and entertainment venues within a 20-minute drive of the residences. Dubai Parks and Resorts is nearby, and it is the largest theme park in the UAE with three sectors covering a combined area of 2,300,000 sq. m (24,756,993 sq. ft).
Residents can also enjoy Motiongate, a local theme park with a variety of attractions based on projects by DreamWorks Animation, Columbia Pictures, and Lionsgate. Residents also have easy access to a waterpark and Legoland, which are ideal places for children under 12 years of age.
Bollywood Parks is situated within a short distance of the residences. It is divided into five parts: Bollywood Boulevard, Mumbai Chowk, Village Gully, Royal Square, and Bollywood Film Studios. The theme park consists of various attractions and Indian restaurants. Fans of Bollywood entertainment are sure to have a great time.
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