Universal Apartments
About the project
(sq. ft.)
Universal Apartments is a 12-storey residential complex located in Central Business District, a subcommunity of Dubai International City. The project was commissioned in 2007.
Properties include studios and one- to two-bedroom apartments that are available to buy and rent. Studios have kitchens, bathrooms, and sleeping areas. Apartments have kitchens, living rooms, balconies, and bedrooms with ensuite bathrooms. Some apartments also have guest bathrooms.
The complex provides a variety of amenities and services, including:
- Parking on the ground floor
- High-speed lifts
- 24-hour security services
- Maintenance services
- Gym
- Swimming pool
- Children’s playground
Residential units range in size from 650 sq. ft. to 1,833 sq. ft. and range in price from AED 280,000 (USD 76,000) to AED 890,000 (USD 242,000).
*The price is valid for 2021
Property Information
- Location Dubailand, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units Studios - 2BR Apartments
- Area from 650 sq. ft.
Location
The nearest bus stops, Police Station and Riviera Dreams Apartments 1, are located within a five- to 10-minute walk of the apartments. Dubai International Airport can be reached within a 20-minute drive, and Al Maktoum International Airport is situated within a 45-minute drive.
The complex is located near many social, commercial, and leisure facilities, including:
- Dragon Mart Shopping Centre
- Grand Al Madina Supermarket, Friendly Supermarket, Talal Supermarket, and
- Carrefour City
- Shaklan Hypermarket
- Valley Café, Chainak, Marbella, and Graffiti Restaurant
- Primus Private School
- Gingle Kids ELC
- Aster Medical Center Hospital
- Aster New Al Shifa Pharmacy
- Al Dana Gym
The complex is also situated within a 15- to 25-minute drive of several popular attractions, including:
- Dubai Frame, a 150m tall frame-shaped structure
- Ras Al Khor Wildlife Sanctuary, an animal reserve with flamingos, as well as other birds and mammals
- Dubai Aquarium, an oceanarium that is home to sharks, rays, and other marine life
Payback
Central Business District is located at the intersection of Sheikh Mohammed Bin Zayed Road and Ras Al Khor Road. The community has a prime location, good transport accessibility, and a well-developed infrastructure. Residents have easy access to all of the necessary amenities to ensure a comfortable living environment. As a result, properties at Universal Apartments are in demand among tenants and investors. Units are also popular among those looking for affordable housing.
Residential units at Universal Apartments have a return on investment rate that ranges from 7.8% to 9.4%. Annual rental rates range from AED 23,000 (USD 6,000) to AED 42,000 (USD 11,000). If current trends continue, investments can be recouped within 15 to 18 years.
*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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