Ghoroob Mirdif

Ghoroob is a residential community in the Mirdif area of Dubai. The project is owned by Dubai Properties Group. The first phase of construction was completed in 2010 and the second phase in 2011.

The complex consists of 4-storey buildings built in a Moorish architectural style. Their rounded arches resemble the appearance of the ancient cities of Saudi Arabia. Otherwise, their design is modern and meets the requirements of European standards.

Properties in Ghoroob inc;ude studios and apartments with 1, 2 and 3 bedrooms. The size of their area ranges from 650 to 2064 sq. ft (approximately 60-191 sq. m).

In addition the living quarters have built-in closets, marble countertops and fitted appliances. Floors are made of marble and wood. The apartments have a spacious balcony with a panoramic view.

The complex’s infrastructure includes:

• children’s playgrounds for games;
• a soccer field;
• basketball and volleyball courts;
• recreation and walking areas.

Apartments in Ghoroob Community are available for an average of AED 32,000-80,000 (USD 8,640-21,600). This is the amount of rent paid annually.

Due to the positive attitude of the state to the property tax system and stable economic growth of the country, investments in projects in Dubai have always attracted the attention of foreigners. Their payback is on average 5%. As part of individual projects, this figure can go up to 8-10% per annum.

If we take into account the livability of the Ghoroob community and the affordable price category of the project real estate, returns on investments can average 4-5% per year.