The Arena Apartments
About the project
(sq. ft.)
The Arena Apartments, also known as Arena Tower, is a 12-storey apartment complex located in Dubai Sports City, Dubai. The project was developed by Bollineni Developers, and construction was completed in 2015. The building has a total of 110 residential units. Properties include studios and one- to two-bedroom apartments that feature spacious living rooms and balconies.
Residents can enjoy a variety of services and amenities, including:
- Lobby
- Air conditioning
- Children’s playground
- Gym and fitness centre
- Large swimming pool with temperature controls
- Sauna
- Covered parking
- 24-hour security and video surveillance
- High-speed elevators
- Pet-friendly accommodations
- Concierge services
- Backup power generators
Studios have a minimum size of 54 sq. ft. (576 sq. ft.). One-bedroom apartments have a minimum size of 88 sq. ft. (947 sq. ft.), and two-bedroom apartments have a minimum size of 95 sq. ft. (1,022 sq. ft.).
Studios have a starting price of AED 350,000 (USD 95,000). One-bedroom apartments have a starting price of AED 700,000 (USD 191,000), and two-bedroom apartments have a starting price of AED 970,000 (USD 264,000).
*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 1-2BR
- Area from 576 sq. ft.
- Total Amount of Units 110
Location
The Arena Apartments are conveniently located near Al Khail Road and Hessa Street. The nearest bus stop, Victory Heights East Gate 1, can be reached within a five-minute walk of the complex, and the Discovery Gardens Metro Station is situated within a 15-minute drive.
Residents can choose from a wide selection of local restaurants and cafes, including Jack’s Place, Pulcinella, Copper Kettle, and Reddy Roasts, which are located within 10 minutes of the residences. For groceries, residents can shop at Grandiose Supermarket, Al Maya Supermarket, Carrefour City, Carrefour, and Spinneys, which can also be reached within 10 minutes.
Residents can take advantage of nearby schools and nurseries. Victory Heights Primary School is situated within a 10-minute walk of the apartments, and the Wonder Years Nursery can be reached within a five-minute walk.
The complex is located within a short drive of several popular destinations, including:
- Balloon Adventures Dubai – 5 minutes
- Dubai International Stadium – 5 minutes
- Els Club Golf Course – 5 minutes
- Ice Hockey Tower – 10 minutes
- City Centre Me’aisem – 10 minutes
- First Avenue Mall – 10 minutes
- UniEstate Sports Tower – 10 minutes
- Royal Residence – 10 minutes
- Miracle Garden – 10 minutes
- Kite Beach – 20 minutes
- Sports Village – 20 minutes
- Jumeirah Beach – 25 minutes
- Dubai International Airport – 25 minutes
Payback
Dubai Sports City is one of the popular residential areas of Dubai. Residents have easy access to sports facilities and leisure facilities, such as the International Cricket Stadium and Els Club Golf Course. As a result, local real estate is in-demand among investors from around the world.
The Arena Apartments offers studios that have a return on investment rate of 8.7%, and one-bedroom apartments have a return rate of 8.4%. Studios are the most popular units and have an annual rental rate that starts at AED 32,000 (USD 8,000). The annual rental rate for a one-bedroom apartment starts at AED 46,000 (USD 13,000), and the annual rental rate for a two-bedroom apartment starts at AED 62,000 (USD 17,000).
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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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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