Lagoon Views at District One
About the Project
Lagoon Views is a newly launched project, set within the center of Mohammed Bin Rashid City – District One, by the Meydan Sobha Group developer. The area attracts both residents and investors interested in obtaining properties in a developing area.
Located in a flourishing community where urban spirit mixes with nature, Lagoon Views offers 96 units, which include 3 and 4 bedroom duplex apartments, 4-bedroom lagoon villas and 5-bedroom penthouses, as well as 1-4 bedroom apartments. The total living areas of units vary from 853 sq.ft to 5,951 sq.ft with the starting price of a property in Lagoon Views constituting AED 1,700,000 (USD 463,000).
*The price is valid for 2021
The G+22 residential tower is the tallest building in District One for now. Almost all units, apart from 1-bedroom apartments, are looking at the stunning man-made Crystal Lagoon. This means that you can relax on a balcony or terrace and admire the waters and the rest of the famous Dubai skyline. In case you want to be closer to water activities, you might be interested in the 4-bedroom villas that are situated on the lagoon beach itself and surrounded by immense areas of greenery.
The territory will be provided with sports facilities such as a gym with panoramic windows overlooking the lagoon, a basketball court and swimming pools for adults and children. A leisure deck with comfortable sunbeds near the infinity pool will definitely be liked by you and your friends for a relaxing weekend get together.
You will also have access to the 14 km boardwalk, where you can stroll with your loved ones, and be within walking distance from the 8.4 km cycling and running track. Little ones will be able to play in the children’s playground on the territory of Lagoon Views or in the indoor children’s room.
The ground floor of the property is also provided with amenities such as outdoor and indoor lounges with a friendly atmosphere, a lobby/waiting area and a multi-purpose hall. You can also spend your evenings in the boutique cafe or indoor library.
Location
What makes Lagoon Views more attractive for potential buyers is its location, as it’s set very close to the Al Khail Road which gives residents easy access to some of the most important sights of Dubai. From District One you can reach Downtown Dubai, Business Bay and Dubai World Trade Center in less than 15 minutes’ by car. The road to Dubai Marina will take about 25 minutes.
Children will be able to attend a nursery located right at the entrance of District One. Kïdo Meydan District One Nursery can be easily reached from Lagoon Views in about 10 minutes. One of the nearest schools is Clarion School, whose curriculum is based on American standards and is compliant with Emirati requirements. Global Indian International School which offers a dual curriculum, the Indian Central Board of Secondary Education from Grade 1 to 12 and the International Baccalaureate Diploma Programme (IBDP) for ones studying at Grade 11 and 12, are also within a close distance to the new development. Both schools can be reached from Lagoon Views in 10 minutes’ by car. Dubai Bilingual French International School is also a 15-minute drive away.
In terms of higher education, Jumeirah University, Oouz Medical University and Dubai Institute Design and Innovation are the closest establishments. They can all be reached in less than 15 minutes. American University in Dubai as well as Hult International Business School are a 20-minute drive away.
The nearest hospital is the Iranian Hospital Dubai and provides services in different general practices like rheumatology, neurosurgery, etc. Plastic surgery, as well as obesity and weight loss clinic options are also available for patients in the area. One of the closest dental clinics is Smile Bay Dental Care providing services both to adults and children.
There is no place for boredom when you are living in Lagoon Views as Mohammed Bin Rashid City offers plenty of entertainment options. The highly anticipated Mall of the World, the largest shopping center in the world, will be built there and attract 80 million visitors annually. Ones adoring green landscapes, will value the on-site park, which is supposed to be bigger than Hyde Park once completed.
Economical Attractiveness
Mohammed Bin Rashid Al Maktoum City, District One is one of the most desired residential communities among both locals and expats. Villas, apartments and other units are set up on a 45 million sq.ft territory. Green spaces and the lagoon, as well as entertainment activities and amenities in the community, will attract both singles, couples and families.
The rental yield in Mohammed Bin Rashid City (MBR City) is 5.31% for an apartment, and 5.44% for a townhouse. Moreover, as the area is developing, the ROI will definitely increase over time. The average rental cost of a 1-bedroom apartment in District One is AED 48,000 (USD 13,100) for now. Business individuals coming for short-term business trips, expats aspiring to a comfortable life and even tourists will be interested in renting an apartment in the area.
*The price is valid for 2021
FAQ
If you are interested in purchasing a residential unit in Lagoon Views, please contact our Metropolitan Premium Properties brokers, who will provide you with the latest information regarding the project, as well as being able to show you the master plans and help you to choose the right property corresponding to your needs. We will assist you in getting a mortgage in one of the local banks - if needed, as well as prepare all the documents required for the property transaction.
If you wish to make a profitable investment by purchasing a residence in Lagoon Views but don't want to come to the UAE, please contact our Metropolitan Premium Properties brokers, who will assist you in choosing the right property corresponding to your needs and budget, as well as help you in preparing all the required documents and lead you through until the end of the transaction.
Purchasing a residential unit in Dubai with a cost from AED 750,000 (USD 204,000) enables you and your family members to apply for a 2-year investor visa. Becoming an owner of a residence with a cost from AED 2,000,000 (USD 545,000) will allow you, your family members and household staff to obtain a 10-year Golden Visa. Visas can be prolonged in the case that you remain the owner of the property.
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+971 4 428 6151
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Internet City, Dubai, UAE
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