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Apartments for sale in Dubai Production City
Apartments for sale in Dubai Production City, Dubai, will be an excellent option for those looking for a bargain property in Dubai. The 3.99 million m² neighbourhood was established in 2003 as a freehold zone for companies related to the media business. It was initially called proudly the International Media Production Zone (or, for short, IMPZ). The property developer is Tecom Group.
The neighbourhood has easy access to travel because the impressive Sheikh Mohammed Bin Zayed Road highway is close by. A number of bus stops are close by, and the nearest fast metro station is 20 minutes away.
The neighbourhood is close to many attractions. The famous botanical gardens called Dubai Miracle Garden, the impressive Dubai Autodrome with its Formula 1 race track and the Global Village International Fair are all within a 20-minute journey.
Investors from overseas buying an apartment in Dubai Production City have access to a variety of shops and restaurants. There is a large mall, the marvellous City Centre Me'aisem, with a hypermarket, Carrefour, cafes and restaurants, Gazebo, Majlis Al Sultan, Chili's, Paul Bakery & Restaurant, and others. For fitness enthusiasts, there are many centres, such as Level Up Gyms and SK Fitness Dubai.
Although the neighbourhood is not on the coastline, Sufouh Beach is a 20 minutes by fast car, and the city centre is 35 minutes away by car.
Nearby schools include trusted GEMS Metropole School, quality Sunmarke School and reliable Dubai British School. Quality nearby hospitals include trusted Mediclinic Me'aisem, reliable Aster Medical Centre and honoured Mediclinic Parkview Hospital.
The most popular projects in the neighbourhood are Lakeside Tower and Midtown. Lakeside is a development of four 22-storey blocks of 1- and 2-bedroom apartments in Dubai Production City for investment and living. It offers residents a swimming pool, steam room, sauna, and fitness room. There are also nicely designed grounds, a quality tennis court, an entertaining playground for kids, and a comfortable place to grill.
Midtown is a large-scale neighbourhood of 24 buildings with studios and apartments with 1–3 bedrooms. The buildings have azure swimming pools, fully equipped gyms with yoga rooms, and convenient running paths. For recreation and entertainment, there are courtyards with benches and walking paths, climbing walls, basketball and tennis courts, and a supermarket and a pharmacy.
Apartments prices in Dubai Production City, UAE:
- studios — from AED 310 000 ($84,400);
- 1-bedroom accommodations — from AED 425,000 ($115,500);
- 2-bedroom residences — from AED 680,000 ($185,100);
- 3-bedroom residences — from AED 960,000 ($261,400).
Investment apartments in Dubai Production City
Here are 3 reasons to buy a property here for investment:
- The cost of apartments in Dubai Production City is one of the most favourable in the emirate.
- People from other countries can buy an apartment in Dubai Production City for expats and own it outright because it is a private zone (in other words, freehold).
- The payback rate is high, especially for studios and 1-bedroom residences: 8.92% and 7.4% each year, respectively. This is high for apartments in Dubai.
Profitable to buy an apartment in Dubai Production City
Our website can help you buy a flat in Dubai Production City for foreigners or fancy villas in Dubai. Leverage the easy-to-use search options to sort offers by price, area, or neighbourhood. If you have trouble finding a property, leave your phone number. A manager will contact you, answer all your questions, and help you choose the most suitable place to live or invest.