Properties for sale in Dubai Media City

Property for sale in Dubai Media City

The property in Dubai Media City for investment and living consist of luxury studios and high-quality 1- to 5-bedroom homes in one of the emirates’ most advanced parts. The Avanti Palm View project offers a small selection of apartments in Dubai with panoramic views of the artificial Palm Jumeirah archipelago through large windows.

The properties for sale in Dubai Media City are completely furnished and decorated in light neutral tones. The apartments have balconies from where you can admire the bay. Some residences have walk-in closets and staff rooms. The Avani Palm View building offers residents a concierge service, a pool, a playground, a gym, underground parking and a lobby.

The DAMAC Casa project is under construction in the area. It is a residential complex with many unique amenities such as an artificial beach, a water gym, a palm garden, swimming pools, a spa and a rain room. Some of the residences will include private pools on the terraces.

Property prices in Dubai Media City are above the emirate average. There are several reasons for this: the small number of offers, the popularity of the community among people working in the media and the proximity of beaches and resorts. The initial cost of property in Dubai Media City is:

• AED 2.22 million ($604,500) per 1-bedroom flat;
• AED 3 million ($817,000) per 2-bedroom residence;
• AED 5.53 million ($1.5 million) per 3-bedroom apartment;
• AED 15.8 million ($4.3 million) per 4-bedroom property in Dubai Media City;
• AED 24.8 million ($6.75 million) per 5-bedroom flat.

Lifestyle in Dubai Media City

The district was launched in 2001. It will become the emirate’s media centre. This place is home to major media, advertising, information and publishing agencies. The community has a creative atmosphere thanks to concerts and festivals that take place in the outdoor amphitheatre in the park. 

The community is located near the resort areas and the major Sheikh Zayed highway. Public transport, including buses and trams, is available to residents, and Al Khail Metro Station is a 10-minute drive away. It takes about 30 minutes by car to reach the downtown and DXB International Airport.

There are American Hospital and Mediclinic hospitals in the surrounding areas. It will take no more than 15 minutes to get to educational institutions. The highest rated ones are the iCademy school, British Orchard, Gardenia and Raffles kindergartens, as well as American University, Middlesex and Murdoch universities.

The district has a large selection of cafes and fine restaurants from different cuisines of the world. You can go shopping at Nakheel, Marinascape and Trident Grand shopping malls, which are 10 minutes away by car.

Investment real estate in Dubai Media City

Various types of property in Dubai appeal to overseas investors, as it is a city with a high standard of living, advanced infrastructure, top-notch security and a strong economy. About 140,000 people move to the UAE every year, including expats in search of high-paying jobs. 

Real estate in Dubai Media City for expats will be a profitable investment, as the area combines innovation, the latest technology and ideal living and working conditions. The offices of many international companies are located here, which creates a great demand for apartments. 

The community is in high demand among businessmen, as it is home to one of the leading media hubs in the region. There is a free economic zone in the district, where foreign citizens are allowed to own 100% of their business. Entrepreneurs can start or move their business to the UAE and receive a variety of privileges, including the absence of some taxes and customs duties.

The area is popular with tenants who work in the community or come here on business trips. Studios, apartments and other property for sale in Dubai Media City will become comfortable options for professionals and families looking for modern housing in a developed community.

There has been a 23% price increase in mid-range homes and a 31% increase in luxury properties in the emirate's rental market. The average return on investment in real estate for sale in Dubai Media City is 5–8% per annum.

The value of investment real estate in Dubai Media City for rent per year starts at:

• AED 155,000 ($42,000) per studios;
• AED 170,000 ($46,500) per 1-bedroom flats;
• AED 200,000 ($54,500) per 2-bedroom apartments;
• AED 320,000 ($87,000) per 3-bedroom residences.

Most of the properties in the community are offices and commercial premises. Due to the limited housing supply, the price of buying property in Dubai Media City for foreigners who rent it is higher than in some other city’s parts. 

Reselling apartments can become a profitable investment tool due to the rapid increase in value. The price per 1 m² in the luxury residential sector increased by an average of 21% in 2023.

Foreigners are legally allowed to buy property in Dubai Media City in full ownership, so the owner can dispose of it at will. Having purchased an apartment for $544,500 in the emirate, you can apply for a 5-year residence permit. A resident visa allows you to live in the UAE with your family, study and work without the help of a local sponsor.

It is profitable to buy property in Dubai Media City

Our online-platform can offer you the latest listings for overseas property in the district for beneficial investments and permanent residence. The portal contains a rich choice of residences from trusted developers and real estate agencies so that buyers can be sure of the reliability of the transaction. Our project database is updated and expanded daily, which will keep you up to date with new offers at competitive prices. If you are in search of cosy apartments or villas in Dubai, brokers are ready to help you purchase property where you want. Provide your contact information on the website, and an expert will get in touch with you to assist in selecting a home that fits your requirements and budget.