Arabian Building
About the project
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The Arabian Building is one of the buildings of Canal Residence West in Dubai Sports City. This complex consists of five buildings: The Mediterranean, European, Venetian, Spanish and Arabian. Art Consultants Dubai and Diar Consult acted as the architectural consultants. The facility was commissioned in 2020.
The Arabian Building is a 14-storey building with 192 residential units – studios and apartments with 1 to 3 bedrooms. The studios have a large bedroom with built-in wardrobes and an adjoining bathroom. Studios also have a kitchenette with fitted cupboards and a private balcony overlooking the Emirate.
Arabian Building suites have built-in wardrobes, solid wood doors, kitchen, living room, guest bathroom and a balcony overlooking the surrounding area. The three-bedroom apartments also have a maid’s room and laundry area.
Residents of Arabian Residences have access to the following services and facilities
- Private parking with reserved parking spaces;
- high-speed lifts;
- 24-hour video surveillance system;
- maintenance;
- gym;
- sauna/steam room;
- swimming pool;
- Jacuzzi;
- health club;
- beauty salon;
- children’s playground with a small pool;
- concierge service.
The Arabian Building has homes for sale ranging from 400 sq ft to 2,300 sq ft. Prices start from AED 350,000 (USD 95,000). The maximum price for a three-bedroom apartment is AED 2,200,000 (USD 599,000).
*The price is valid for 2021
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Property Information
- Location Dubai Sports City, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-3BR
- Area from
- Total Amount of Units 192
Location
Victory Heights East Gate 1 bus stop is a 5-minute walk away. Near the Arabian there are the following amenities:
- The Springs Souk shopping centre;
- Carrefour City, West Zone Fresh Supermarket and Blue mart Supermarket;
- Nathalie’s Restaurant, Kickers Sports Bar and The Greenroom;
- Victory Heights Primary School and Renaissance International School;
- The Wonders Years Nursery;
- Eupepsia Medical Clinic.
Dubai International Airport and Al Maktoum Airport are both about half an hour away. The Arabian Building is a 5 to 10-minute drive from attractions such as:
- Dubai International Stadium – a multipurpose stadium which is mainly used for cricket matches.
- The Els Club – One of Dubai’s most popular golf clubs.
- Dubai Autodrome – A motorsports track where anyone can feel like a real racer.
Payback
Canal Residence West is a mixed-use complex with numerous recreational facilities, restaurants and shops. This complex is located along the canal and the promenade of Dubai Sports City. This location ensures consistently high demand for residential properties in the Arabian Building.
The return on investment in this project is 7%. Rental rates for apartments in this residence starts from AED 27,000 (USD 7,000) per year. Maximum rental price for apartments in Arabian Building equals AED 75,000 (USD 20,000). The investment in this project should pay for itself within 15-20 years.
*The price is valid for 2021
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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