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Apartments for sale in Dubai Festival City
A great place to live in a growing area is one of the apartments for sale in Dubai Festival City, Dubai, close to the airport and the centre of the city. This enormous multi-purpose building boasts miscellaneous kinds of objects, including commercial and residential projects, hotels, a large shopping centre and other infrastructure necessary for a comfortable life. The total area is 5.2 million m².
Apartments in Dubai Festival City for investment and living provide an excellent gateway to a vibrant life. The community includes about 20,000 residential units with more than 50,000 residents. To the west, the neighbourhood is bounded by Dubai Creek, which offers beautiful views from the waterfront residences. To the northwest is the boundary with the Al Garhoud community, which has villas, public schools, and a robust infrastructure for family life. To the north and north-east the cluster adjoins the communities of Umm Ramool with offices, apartment blocks and showrooms and Nad Shamma with villas and townhouses. To the east is the tranquil neighbourhood of Nadd Al Hamar, which has many green spaces.
Overseas guests who buy an apartment in Dubai Festival City for expats receive the perfect infrastructure facilities. One of the distinctive features of the location is that it is located not far away from the International Airport, which can be reached in 10 minutes. The breathtaking Downtown Dubai and the Dubai Frame building are 15 minutes away, while the nearest beaches of peaceful Jumeirah, gorgeous Al Mamzar, and marvelous La Mer are 20 to 25-minute relaxed drive.
People from around the world envy those who buy a flat in Dubai Festival City for foreigners. Residents of apartments in Dubai’s DFC can stroll along the landscaped promenade and enjoy beautiful bay views and the Dubai panorama. For lovers of good rest and delicious food, there are dozens of numerous coffee shops and restaurants serving a variety of cuisines from around the world: fantastic Pierre's TT, popular Next Door Kitchen, genuine Yummy Belgian, and authentic Café Batee.
Several shops and supermarkets, such as affordable Choithrams and fancy Carrefour, operate in the area, and public schools Deira International and Universal American are open. Several other educational institutions can be found in a 10-minute drive in neighbouring areas. Quality Mediclinic and world-renowned Emirates clinics are within a similar distance, as is the public hospital Nadd Al Hammar Health Centre.
The community has excellent transport accessibility. Several bus stops are located here, and the nearest Creek and well-known Al Jaddaf metro stations are up to 10 minute drive away.
Apartments prices in Dubai Festival City, UAE:
- 1-bedroom residences — from AED 1.2 million ($326,500);
- 2-bedroom apartments — from AED 2.05 million ($558,000).
- 3-bedroom apartments — from AED 2.6 million ($708,000);
- 4-bedroom apartments — from AED 5.8 million ($1.58 million).
Investment apartments in Dubai Festival City
Buying an apartment in Dubai Festival City for investment and living can be done privately without restrictions. Popular projects include Badia, Hillside, and Marsa.
The property in Dubai can be resold profitably in the future. The cost of apartments in Dubai Festival City and the entire emirate is constantly increasing. According to the results of 2023, ready-made residences have increased in price by 4.6%. The cost of off-plan projects is growing even faster. If you buy an object at the excavation stage, its sale after delivery will bring about 20% profit.
Purchased housing can also be rented out. Payback ratio in the community:
- 1-bedroom residences — 4.7 per cent;
- 2-bedroom accommodation — 5.7%;
- 3-bedroom housing — 5.8 per cent.
Profitable to buy an apartment in Dubai Festival City
We have thousands of listings for apartments and villas in Dubai and the UAE on our website. We update our database and prices daily. For convenient search, use filters by price, area, location, and currency converter.