Al Multaqa Avenue is a mixed-use complex located in Mirdif Hills, Dubai. The development features a range of comfortable studios and one- to three-bedroom apartments. Residential units combine luxury accommodations with innovative architecture. Properties have attractive interiors that were built using high-quality materials. The project was developed by Dubai Investments Real Estate.
In addition to residential properties, the developer offers upscale hotel apartments, boutiques, restaurants, coffee houses, and other commercial facilities located on Al Multaqa Avenue. In total, there are eight buildings.
Properties range in size from 460 sq. ft. to 1,500 sq. ft. Units range in price from AED 800,000 (USD 218,000) to AED 1,200,000 (USD 327,000).
*The price is valid for 2021
The complex provides a variety of amenities and services, including:
Al Multaqa Avenue is located in an area that is surrounded by greenery, which creates an eco-friendly living environment. The complex is situated in Mirdif Hills, a community that features a variety of entertainment, business, and recreational facilities. There are several stores, restaurants, and entertainment venues that can be reached within walking distance of the apartments.
Residents have easy access to public transportation. There are bus and Metro stops located within a five-minute walk of the residences. Dubai International Airport can be reached within a 25-minute drive.
The complex is situated within a five- to 10-minute drive of several social and leisure facilities, including:
Mirdif Hills has a mix of residential and commercial complexes. The community has good transport links and a well-developed infrastructure. As a result, real estate is in demand among tenants and investors.
Al Multaqa Avenue is a great choice for families, couples, and professionals. Studios have an annual rental rate of approximately AED 36,000 (USD 10,000). Investors can generate a passive income through the rental market. Units have an estimated return on investment rate that ranges from 5.8% to 7.3%, depending on the property and its configuration.
*The price is valid for 2021
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