Apartments and flats for sale in Culture Village

Apartments for sale in Culture Village

The idea to buy an apartment in Culture Village for expats is the perfect choice for those who want to live in a luxury residence close to the centre of Dubai with stunning views of Dubai Creek.

When completed, the 3.7 million sq. m site will feature high-rise towers with residences, a waterfront promenade, and exhibition centres. All its appearance will entice international guests to buy a flat in Culture Village for foreigners. Two luxury hotels will be located there: the Palazzo Versace Dubai, which is already in operation, and the Iris Asmar, which is currently under construction. Numerous shops and over 2,000 car parking spaces will be available to residents.

The first phase of construction was completed in 2017. Today, new complexes are being built in the community, and delivery is expected soon.

The neighbourhood is designed to preserve the authentic art and culture of the UAE. It will include several art centres, museums, cultural institutions, and art schools. People buying an apartment in Culture Village will be amazed by all its amenities. The Jameel Art Centre is already operating in the community, which collaborates with the Metropolitan Museum of Art, the British Victoria and Albert Museum, and other iconic institutions.

The main features of the community:

• it is a new waterfront neighbourhood with premium property in Dubai;
• it is a leisure, arts, entertainment and business centre;
• is divided into residential, retail and commercial zones;
• the cost of apartments in Culture Village is higher than on average in the Emirate;
• it is ideal for those seeking an upscale and sophisticated lifestyle.

Projects in the community are a mix of modern design and traditional Islamic architecture. There are Middle Eastern-style homes with modernised interiors and futuristic towers with residences designed using ancient Arabic motifs.

Apartments prices in Culture Village, UAE:

• studios — from AED 570,000 ($155,000);
• 1-bedroom residences — from AED 669,000 ($182,000);
• 2-bedroom residences — from AED 1.16 million ($316,000);
• 3-bedroom residences — from AED 2.03 million ($552,500);
• 4-bedroom apartments — from AED 4 million ($1.09 million);
• 5-bedroom apartments — from AED 19 million ($5.17 million).

Investment apartments in Culture Village

Buying apartments in Culture Village for investment and living will be a good investment, as the area is being actively developed. This is an excellent opportunity to buy a home at the most favourable price and resell it after completion with a projected profit of 25–30%.

The return on investment ratio in the neighbourhood is:

• studios — 8.5%;
• 1-bedroom residences —- 7.3%;
• 2-bedroom residences — 7.7 per cent;
• 3-bedroom residences — 13.7 per cent;
• 4-bedroom residences — 6.5 per cent.

Profitable to buy an apartment in Culture Village

Our portal features listings from verified developers and real estate agencies. We constantly update the database of houses and apartments in Dubai with the latest information. The search system with convenient filters makes it easy to choose a home. Available in roubles, dollars and euros. Explore our listings of apartments for sale in Culture Village, Dubai as well as villas in Dubai, or leave a request to receive the most favourable offers.