Properties for sale in Dubai Healthcare City (DHCC)

Property for sale in Dubai Healthcare City

The decision to purchase property in DHCC for investment and living can be dictated by various reasons. Some are attracted by the opportunity to obtain a residency visa which the starting point for moving to the UAE, while others want to earn up to 9% per annum by renting out apartments.

If you are looking for quality apartments and villas in Dubai, you will find dozens of options in this area. You can browse our website 24 hours a day, 7 days a week for high yield properties of all types and sizes. The interactive database selects options based on personal parameters, and you only need to contact the agency or developer to discuss the details of the deal.

The area is part of the Dubai Free Economic Zone, so buying property in DHCC for foreigners can be done without much hassle. The area covers 38 hectares and is home to several modern complexes. The Al Razi Building and the Hyatt Regency Creek Heights Residences are the most sought-after residential in Dubai. The former has a swimming pool and gym, while the latter has its own skate park, restaurant, gym and open terraces with beautiful views of the city.

If you are interested in buying properties in DHCC, UAE, there are a few things you need to know:

• The community was established in 2002;
• There is no beach nearby: the distance to the popular Jumeirah Public Beach is 13 km, and to La Mer Beach is 9 km, which means 10–20 minutes’ drive to the coast;
• The main specialisation is the provision of medical services. By investing in property in Dubai Healthcare City, you can easily find tenants as the housing there is of interest to clinic staff, patients and their families;
• The area is divided into 2 parts: the Wellness Zone includes spa centres, restaurants, shops and hotels, while the Medical Cluster includes private and state hospitals, a medical university and branches of pharmaceutical companies;
• The initial development of the area as part of the government's tourism development programme was carried out by Tatweer, and management was later transferred to the Dubai Technology and Media Free Zone Authority;
• Residents and guests can reach the various neighbourhoods by metro (2 stations 5–7 minutes’ away), bus, taxi (mostly using Uber and Careem services) or car;
• Dubai Airport is within 10 minutes’ drive and Al Maktoum Airport is within 35–40 minutes’ drive.

Expatriates looking for property in Dubai to earn rental income or to move to the UAE are offered various types of properties. The most popular options are 1- to 3-bedroom apartments and studios, while buying a villa is more difficult due to the peculiarities of construction and specialisation of the area. The procedure for concluding contracts from a distance is worked out in detail and buyers do not have to deal with the legal and organisational aspects personally. If you are investing in an under-construction real estate, you will need to carefully consider the payment schedule and the amount of the initial deposit, which averages 15–25% and can vary depending on the completion date of the project.

Lifestyle in DHCC

The area was initially developed with a focus on expatriate residents. According to recent statistics, around 90% of the population are foreigners, the majority of whom have residency status. Specialists from various medical fields and those undergoing diagnostic, treatment or check-up programmes choose properties to buy or rent here.

By applying IT technologies, implementing unique architectural projects and using environmentally friendly materials, the developer was able to create an ideal space for a quiet and healthy life. If you successfully invest in an apartment or studio, you can expect the cost of property in DHCC to increase by at least 1.5 times, and you will have access to all the amenities necessary for comfortable rest and work:

• Educational institutions: Al Rashid Al Saleh, Mohammed Bin Rashid University, Hamdan Bin Mohammed and others;
• Pharmacies and offices of pharmaceutical companies;
• ZOOM stores and Al Karama Fish Market supermarket;
• Wafi Mall Shopping Centre, known for its extraordinary design in the style of ancient Egypt;
• Attractions: Holy Trinity Cathedral and St Mary's Catholic Church;
• Special cyclists and skateboarders areas;
• Walking paths;
• Clinics of various profiles: Mediclinic, Sulaiman Al Habib, Latifa, Al Jalila as well as American Spine Center, Veneto Clinic, Dental Hospital Jumeirah and Orthognathic Surgery Centre;
• Restaurants and Bars: Solo Italian Restaurant & Bar, Tomo.

Investment real estate in DHCC

The significant population growth of the metropolis (100,000 by 2023) and the rapid development of Dubai's economy are contributing to a steady increase in property prices in DHCC. Real estate yields in the area reach 8–9%, and the variety of housing options allows for the selection of apartments with suitable features and costs:

• Studios cost an average of AED 988,000 ($269,000) with a minimum of AED 570,000 ($153,600);
• 1-bedroom apartments are priced at an average of AED 1.2 million ($327,000), but there are deals available from AED 880,000 ($238,000);
• 2-bedroom apartments sell at a minimum of AED 580,000 ($155,000), while the average cost is AED 2.2 million ($598,000).

Studios and 1-bedroom apartments are more sought after by tenants and have a shorter payback period. In addition, they may not be significantly less expensive than 2-bedroom options in terms of area, so it is worth paying special attention to them.

It is profitable to buy property in DHCC, Dubai

Despite the fact that buying property overseas is a responsible process, it is not necessary to travel to the UAE to search a property. In the online database of the platform, you will find information about apartments offered by developers and agencies in different price categories.

Remember that the price of real estate for sale in DHCC may vary depending on the distance to medical centres, type, area, number of bedrooms and bathrooms, as well as the internal and external infrastructure of the complex.

Buying real estate in DHCC for expats is possible in full ownership. This opens up a wide range of options for the use of the apartments.

In the constantly updated database, you can find properties with high liquidity, represented by reliable agencies and developers, so there are no additional markups. By carefully selecting the listings, we inform prospective residents about the characteristics of the housing unit, publish photographs and provide direct contact details to communicate with the seller.