Is City Of Arabia A Good Investment?
If you wish to invest in a luxe locality equipped with high-end amenities in the serene location of Dubailand then the City of Arabia is a good investment piece.
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Having a huge collection of skyscraper buildings and residential properties, the City of Arabia offers great ROI. The project was launched in 2008 and offers great connectivity with trains, metro, and cars. The City of Arabia is located 27 minutes from Palm Jumeirah and 26 minutes from Burj Al Arab.
Since 2009, the project has been developed by introducing opulent malls and theme parks like IMG Worlds of Adventure. Additionally, it is also in close vicinity to several high-end schools. The community offers a high ROI that makes it a popular investment opportunity for the residents.
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City Of Arabia A Freehold Area
The City of Arabia is a freehold area that makes it available for purchase to residents who are not a citizen of the UAE. The people can easily hold the land or property as per their wish. With this, the property holder gets the right to lease, sell or transfer the property to others. After this decision of the UAE government, the project is attracting a lot of foreign investment.
The strategic location of the City of Arabia makes it an attractive location in the city. The location is located in close vicinity to prominent attractions like Dubai Marina, Palm Jumeirah, and Downtown Dubai. Major airports like Dubai International Airport (DXB) and Al Maktoum International Airport (DWC) are also half an hour away from the area. The developing infrastructure surrounding the area makes it a great investment option for investors.
A Vibrant Community
The City of Arabia in Dubai is one of the vibrant communities that offer a lively vibe and dynamic environment. The destination offers a mix of residential properties, commercial spaces, and retail outlets that attracts a range of residents and visitors. The management has also planned vibrant features like the Mall of Arabia and IMG Worlds of Adventure that contributes it to making a vibrant hub. The major vision of the City of Arabia in Dubai is to make a vibrant community to offer diverse amenities.
The City of Arabia is a multi-billion dollar investment project in the city. With this, the community aims to become the home to around 34,000 people. The integrated community offers a range of world-class malls, commercial developments, and residential towers.
Lifestyle And Offerings
The City of Arabia in Dubai is known to offer a vibrant and diverse lifestyle to its residents. The location offers a range of residential options from apartments, villas and townhouses. The development plan of the City of Arabia features a Mall of Arabia which boasts retail outlets and dining options. IMG World of Adventure is a leading theme park that offers an enthralling experience to kids. The offerings also offer recreational spaces to create a dynamic and engaging environment for residents and visitors.
To add to the lifestyle, the area is located a little distance from the Global Village and The Storm Coaster. Due to its strategic location, the City of Arabia offers majestic view of gold clubs like Arabian Ranches Golf Club, Dubai Hills Golf Club and The Track Meydan Golf.
Shopping And Retail
One gets to explore a range of shopping and retail options in the City of Arabia. The locality is home to the Mall of Arabia which is a planned shopping mall spread across a whopping area of 10 million square feet. This mall is the home to a rooftop hotel, 1000+ retail outlets along with a waterfront dining area.
One can also explore the theme park, planetarium and earth science museum, and planetarium. To add to the convenience, the mall will also be having its own monorail linked with Dubai Metro. A rich parking area with a two-story underground parking garage that is capable of holding 10,400 vehicles at a time.
Schools And Universities
The City of Arabia is home to a range of schools and colleges in close vicinity. Several high-end schools like GEMS Winchester School, Dubai, Dunecrest American School, GEMS FirstPoint School and Lycée Libanais Francophone Privé – Meydan are situated here.
All of these schools offers a collective experience of high-end education and modern study options for the residents.
Appreciation Potential
All the apartments and residential properties in the City of Arabia are available for sale at a very affordable rate. The localities close vicinity to Dubailand and the developing infrastructure also contribute to the growth potential. A developed locality, several amenities and facilities account for a great appreciation potential at the City of Arabia.
The locality has a range of apartments and flats with prices starting from 0.6 million. The high connectivity of the locality with Sheikh Mohammed Bin Zayed Road makes it a great investment option.
Expected ROI In The City of Arabia Residential Properties
ROI is the acronym for Return on Investment and is one of the most crucial aspects of any real estate investment. The City of Arabia is the home to several projects and properties offering a good range to investors. The developed infrastructure, amenities, and facilities make it a good choice among investors. Here is the detailed ROI for all the apartment types in the City of Arabia.
|
Apartment Type |
ROI |
|
Studio |
6% |
|
1-Bed |
5.9% |
|
2-Bed |
6.9% |
|
3-Bed |
7.3% |
|
4-Bed |
6% |
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FAQs
Who owns the City of Arabia?
The City of Arabia is developed by The Ilyas and Mustafa Galadari Group.
What are the projects in the City of Arabia?
MAG 330 is one of the major projects in the City of Arabia.
What is the expected ROI in the City of Arabia?
The expected ROI in the City of Arabia is 6% for the studio apartment and it goes above for the different property type.
What is connectivity offered by City of Arabia?
City Arabia offers great connectivity via the coveted Sheikh Mohammed Bin Zayed Road.
What types of properties are offered by the City of Arabia?
The City of Arabia boasts a range of properties that offer villas, apartments and studio apartments for renting and sale.
