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5. Dubailand
Dubailand is a massive and diverse development in Dubai, covering over 278 sq km. It is designed to be a leisure and entertainment destination, with various attractions, such as theme parks, sports venues, cultural centers, and shopping malls. It is also a residential hub, with various projects, such as villas, townhouses, and apartments, with different themes and styles. Dubailand offers a range of apartments, from studios to four-bedroom units, with spacious and comfortable features. It also offers a range of amenities, such as schools, clinics, supermarkets, and mosques.
Dubailand is one of the best areas to invest in Dubai for high rental yields, as it offers affordable and quality apartments in a lively and fun environment. According to Real Estate Group, the average rental yield for apartments in Dubailand was 8.1% in H1 2023, while the average capital appreciation was 6.6% in the same period. The ROI for flipping apartments in Dubailand is also good, as the area has a high demand for upgraded and well-maintained units. The initial investment cost is also relatively low, as the average price per square foot for apartments in Dubailand was AED 612 ($167) in H1 2023, according to Real Estate Group.
The average price per square foot for apartments in Dubailand was not available from the sources I used, but according to one report, the prices in this area increased by 9.5% in the first half of 2022, compared to the same period in 2021. An example of a residential complex in this area is Prime Views, which is a luxury development located in Meydan, offering 1 and 2-bedroom apartments with views of the Meydan Racecourse and the Downtown skyline. A 1-bedroom apartment in Prime Views with a size of 785 sq. ft. was listed for sale at AED 850,000 ($231,607) in November 2022.
Dubailand offers a variety of residential and commercial properties for sale and rent, ranging from apartments and villas to offices and retail spaces. The area is divided into several districts, each with its own theme and features. Some of the popular communities in Dubailand include DAMAC Hills, Mirdif, Dubai South, Jumeirah Village Circle, Falcon City of Wonders, Living Legends, and Villanova. According to Bayut, the average price of apartments for sale in Dubailand is AED 1.1M ($299,727), while the average rent is AED 43k ($11,716) per year. The area is also known for its affordability and high return on investment compared to other parts of Dubai.
Attractions: Dubailand is home to some of the most exciting attractions and entertainment options in Dubai, such as Dubai Miracle Garden, IMG Worlds of Adventure, Global Village, Dubai Autodrome, Dubai Polo and Equestrian Club, and Dubai Outlet Mall. These attractions cater to different tastes and ages, offering fun, adventure, culture, and shopping opportunities.
Stores and restaurants: Dubailand has a variety of stores and restaurants to suit different needs and preferences. You can find everything from supermarkets and pharmacies to fashion boutiques and electronics shops in the area. Some of the popular malls and shopping centers in Dubailand include Dubai Outlet Mall, The Village Mall, Cityland Mall, and The Circle Mall. You can also enjoy a wide range of cuisines and dining experiences in Dubailand, from fast food and cafes to fine dining and international restaurants. Some of the popular restaurants in Dubailand include Shakespeare and Co., The Farm, Carluccio’s, Nando’s, and The Irish Village.
Infrastructure: Dubailand has a well-developed infrastructure that provides convenience and comfort to its residents and visitors. The area has a network of roads and highways that connect it to other parts of Dubai and the UAE. It also has public transportation options such as buses and taxis, and will soon have metro stations as part of the Route 2020 extension. Dubailand also has a reliable supply of water, electricity, and gas, as well as telecommunication and internet services. The area is also equipped with security and emergency services, such as police stations, fire stations, and ambulances/
Hospitals and kindergartens: Dubailand has a number of hospitals and kindergartens that provide quality health care and education to its residents and visitors. Some of the hospitals and clinics in Dubailand include Emirates Hospital, Mediclinic Parkview Hospital, Aster Clinic, and Prime Medical Center. Some of the kindergartens and nurseries in Dubailand include Chubby Cheeks Nursery, British Orchard Nursery, Kids Zone Nursery, and Blossom Mudon Nursery.
Transportation: Dubailand is easily accessible by various modes of transportation, such as cars, buses, taxis, and metro. The area has a number of exits and entrances from major roads and highways, such as Sheikh Mohammed Bin Zayed Road, Emirates Road, Al Ain Road, and Al Qudra Road. The area also has several bus routes that connect it to other parts of Dubai, such as F29, F30, F32, and F34. The area will also have metro stations as part of the Route 2020 extension, which will link it to the Expo 2020 site and the Al Maktoum International Airport.
Entertainment: Dubailand offers a variety of entertainment options for its residents and visitors, such as theme parks, cultural events, sports activities, and nightlife venues. Some of the entertainment options in Dubailand include:
- Dubai Miracle Garden: A stunning floral attraction that features over 150 million flowers arranged in different shapes and designs, such as a giant Mickey Mouse, a butterfly garden, and a floral castle.
- IMG Worlds of Adventure: A massive indoor theme park that features four zones based on Marvel, Cartoon Network, Lost Valley, and IMG Boulevard. The park has thrilling rides, interactive attractions, live shows, and dining outlets.
- Global Village: A cultural and entertainment destination that showcases the traditions and products of over 90 countries in themed pavilions. The village also has live performances, carnival games, fireworks, and food stalls.
- Dubai Autodrome: A motorsport circuit that hosts international racing events, such as the Dubai 24 Hour, the Gulf 12 Hour, and the Hankook 6 Hour. The circuit also offers driving experiences, karting, and laser tag.
- Dubai Polo and Equestrian Club: A club that offers polo, equestrian, and leisure activities, such as horse riding, show jumping, dressage, and spa treatments. The club also has restaurants, lounges, and event venues.
- Dubai Outlet Mall: A shopping mall that offers discounts of up to 90% on over 1,200 brands, such as Adidas, Nike, Tommy Hilfiger, and Calvin Klein. The mall also has a food court, a cinema, and a family entertainment center.
Population: Dubailand has a population of over 300,000 people, according to the 2019 census. The population consists of a diverse mix of nationalities, cultures, and backgrounds, reflecting the cosmopolitan nature of Dubai. The majority of the population are expatriates from countries such as India, Pakistan, Bangladesh, Philippines, Egypt, and Iran.
Events and shows: Dubailand has hosted and will host a number of interesting events and shows in 2022 and 2023, such as:
- Cirque du Soleil: Ovo: A spectacular acrobatic show that features the life cycle of insects, with colorful costumes, music, and stunts. The show was held at the Coca-Cola Arena from January 11 to 18, 2023.
- Quoz Arts Festival: A festival that celebrates the creative and artistic scene of Dubai, with live music, art exhibitions, dance shows, workshops, and food trucks. The festival was held at Alserkal Avenue on January 28 and 29, 2023.
- Dubai Desert Classic: A golf tournament that is part of the European Tour, featuring some of the world’s best golfers, such as Rory McIlroy, Sergio Garcia, and Henrik Stenson. The tournament was held at the Emirates Golf Club from January 26 to 29, 2023.
- Dubai Shopping Festival: A festival that offers amazing retail and entertainment experiences, with incredible promotions, discounts, and prizes. The festival also features a nightly drone light show, fireworks, concerts, and cultural events. The festival runs from December 15, 2022 to January 29, 2023.
- Chinese New Year: A celebration of the Chinese culture and traditions, with various activities and events, such as lantern displays, dragon dances, fireworks, and special menus. The celebration will take place from January 20 to 29, 2023.
- Dubai Food Festival: A festival that showcases the diverse and delicious culinary scene of Dubai, with food markets, pop-ups, masterclasses, and awards. The festival will also feature the Dubai Restaurant Week, the Taste of Dubai, and the Hidden Gems. The festival will take place from April 28 to May 7, 2023.
Business and cultural life: Dubailand has a vibrant and dynamic business and cultural life, with opportunities and activities for different sectors and interests. Some of the aspects of the business and cultural life in Dubailand are:
Business: Dubailand is a hub for various businesses, especially in the fields of tourism, hospitality, retail, and entertainment. The area has a number of commercial properties, such as offices, warehouses, and showrooms, that cater to different needs and budgets. The area also has a supportive and innovative environment, with facilities such as the Dubai Science Park, the Dubai Studio City, and the Dubai Design District.
Culture: Dubailand is a melting pot of cultures and traditions, reflecting the diversity and tolerance of Dubai. The area has a number of cultural attractions and events, such as the Global Village, the Dubai Miracle Garden, and the Quoz Arts Festival, that showcase the heritage and creativity of different countries and communities. The area also has a number of mosques, churches, and temples, that cater to the religious and spiritual needs of the residents and visitors.
Advantages of living in Dubailand: Dubailand offers a number of advantages for living in this area of Dubai, such as:
Affordability: Dubailand offers affordable housing options, compared to other parts of Dubai, with spacious and modern units that suit different lifestyles and preferences. The area also offers low-cost utilities, transportation, and entertainment, making it an ideal choice for budget-conscious residents.
Accessibility: Dubailand is easily accessible by various modes of transportation, such as cars, buses, taxis, and metro. The area is well-connected to other parts of Dubai and the UAE, with major roads and highways, such as Sheikh Mohammed Bin Zayed Road, Emirates Road, Al Ain Road, and Al Qudra Road. The area is also close to the Expo 2020 site and the Al Maktoum International Airport, making it convenient for travel and business.
Amenities: Dubailand has a number of amenities that provide convenience and comfort to its residents and visitors. The area has schools, hospitals, clinics, supermarkets, pharmacies, banks, and salons within easy reach. The area also has parks, playgrounds, gyms, pools, and sports facilities for recreation and fitness. The area also has mosques, churches, and temples for worship and spirituality.
Community: Dubailand has a diverse and friendly community that welcomes people from different nationalities, cultures, and backgrounds. The area has a cosmopolitan and tolerant atmosphere, where people can interact and socialize with each other. The area also has various events and activities that foster a sense of belonging and community spirit, such as festivals, markets, and sports tournaments.
Want to buy real estate in Dubai? Write a request in WhatsApp and Real Estate Group will find the best options for you. Everyone buys with us!
Are you looking for a lucrative investment opportunity in Dubai, the city of dreams? Do you want to own a property in one of the most exciting and diverse destinations in the world? Do you want to enjoy the benefits of a tax-free, stable, and secure market? If you answered yes to any of these questions, then you should consider investing in Dubailand, the mega-development project that offers a city within a city experience.
Dubailand is a unique destination that offers investors an array of investment opportunities in hotels, retail and entertainment, and residential and commercial developments. As an investor, you can capitalize on the region’s rapidly growing tourism and real estate markets, which are expected to continue their upward momentum in 2024 and beyond.
As you can see, Dubailand is a destination that offers something for everyone, whether you are looking for a place to live, work, play, or invest. By investing in Dubailand, you can enjoy the benefits of a high return on investment, a stable and secure market, and a tax-free environment. You can also choose from a variety of properties, such as studios, apartments, houses, and villas, that suit your budget and preferences.
Don’t miss this opportunity to invest in Dubailand, the city within a city, and be part of the future of Dubai. Leave a request to Real Estate Group today on WhatsApp and let us help you find your dream property in Dubailand. Hurry, limited units are available!
