Apartments and flats for sale in City of Arabia

Apartments for sale in City of Arabia

Apartments for sale in City of Arabia, Dubai, will appeal to those looking for affordable accommodation in an evolving suburban neighbourhood. City of Arabia is an actively developing community that is part of the larger Dubailand cluster. It is located in a quiet, peaceful location away from the hustle and bustle of the city. The project area is 185 ha. Initially the building up of the territory was expected to start in 2008, but the economic crisis ruined the plan. As a result, active work on the construction of the district has recently started.

The main attraction is IMG Worlds of Adventure, a huge entertainment centre for the whole family. The district is located near one of the main roads of the Emirate, Sheikh Mohammed Bin Zayed Rd, which can be used for quick access to neighbouring communities and attractions. The world famous Ras Al Khor Nature Reserve, Downtown with the Burj Khalifa skyscraper and other attractions are a half hour drive away. Jumeirah Beach or Kite Beach are also about 30 minutes away.

GEMS Winchester School and Falconcity Nursery School are within 5 minutes. The nearest supermarket is Spinneys Arabian Ranches 3, which is within 5 minutes’ drive. It will take you just 10 minutes to reach several shopping centres with shops, cafes, restaurants and entertainment for adults and children.

One of the popular complexes in the area is MAG 330. It is a modern L-shaped skyscraper. The building offers a variety of studios as well as 1- and 2-bedroom flats ranging from 67 to 230 m². It is possible to buy a flat in City of Arabia for foreigners in various layouts, depending on the configuration. The accommodation may include laundry rooms, a utility room, and a separate room for an office.

For the comfort of residents, the complex provides numerous amenities, including:

• a spacious lobby in the entrance area;
• stretching, yoga or meditation rooms;
• gymnasium with exercise equipment, treadmills;
• roof terrace;
• a children's play area of 162 m²;
• 53 m² sauna, Jacuzzi and steam room;
• a huge swimming pool with a total area of 355 m²;
• parking space for each resident.

Apartment prices in City of Arabia, UAE:

• studios – from AED 540,000 ($147,000);
• 1-bedroom residences – from AED 450,000 ($136,000);
• 2-bedroom residences – from AED 870,000 ($237,000).

Apartments for investment in City of Arabia

While the neighbourhood is being developed, the cost of apartments in City of Arabia has not reached its peak. For example, if you buy a flat in the under-construction complex MAG 330 and resell it after completion in 2025, you can make a profit of 25–30%.

Another way to make money on property in Dubai is to rent it out. Prices for apartments in City of Arabia for investment and living start from AED 540,000 ($147,000) for a 75 m² studio.

Average ROI data of flats for sale in City of Arabia is not yet available, as the area is under active development. ROI data for the neighbouring community of Majan can be used as a projected ROI. It is located on the other side of Sheikh Mohammed Bin Zayed Rd and has approximately the same area.

The estimated ROI from buying apartment in City of Arabia is:

• studios – 6.1%;
• 1-bedroom residences – 6.6%;
• 2-bedroom residences – 6.5%;
• 3-bedroom residences – 7.5%.

Why it is profitable to buy an apartment in City of Arabia

Planning to buy an apartment or villa in Dubai? Use our website to find the right property and to buy apartment in City of Arabia for foreigners. We have collected thousands of the best offers, among which you can find both budget properties at the start of construction and luxury residences in prestigious neighbourhoods. Call or write to our managers. They will find the best apartment in Dubai or any other emirate that will fully meet your requirements.