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Property for sale in IMPZ
Real estate for sale in Dubai Production City, formerly known as International Media Production Zone (IMPZ), presents a dynamic environment tailored specifically for media and production companies, rendering it a unique proposition for property in Dubai. Strategically situated in the heart of New Dubai, flanked by the bustling areas of Jumeirah Golf Estates and Sports City, this specialised community serves as a vibrant nexus for both residents and businesses.
Real estate in IMPZ for expats is particularly appealing due to its harmonious blend of residential comfort and commercial vitality. The area boasts a diverse range of popular housing options, from sleek apartments of various layouts to spacious townhouses, meticulously designed to cater to the diverse needs of its cosmopolitan community. With its blend of residential comforts, green spaces and retail outlets, the development offers a balanced lifestyle, making it an attractive location for those seeking to invest or settle in the emirate’s thriving economic landscape.
Property prices in Dubai Production City are as follows:
- Studios – AED 405,000 (USD)
- 1-bedroom units – AED 744,000 (USD)
- 2-bedroom units – AED 1,112,000 (USD)
- 3-bedroom units – AED 1,721,000 (USD)
Lifestyle in IMPZ
In IMPZ, residents enjoy a lifestyle that seamlessly integrates work and leisure, thanks to its innovative design tailored for the media and production industry. This community boasts a range of residential amenities and green spaces, creating a serene environment for its inhabitants. With esteemed educational institutions like The Winchester School nearby, families have access to excellent education. Furthermore, healthcare needs are conveniently met with clinics and hospitals nearby, ensuring well-being and convenience.
In the neighbourhood, residents and visitors can indulge in a diverse range of dining options spanning from casual cafês to fine dining restaurants. Some of the most popular options include:
- Urban Seafood: A great place for seafood lovers, offering a diverse range of dishes from fish and chips to seafood platters;
- Circle Café: Renowned for its cosy ambience, it serves a variety of dishes including salads, sandwiches, and main courses, complemented by coffee and desserts;
- Socialicious: A unique dining spot that brings global flavours to the table, focusing on healthy and wholesome meals;
- Papa Murphy’s Pizza: For those who enjoy a good pizza, Papa Murphy’s offers fresh, made-to-order pizzas;
- Last Exit - E11: While not directly in IMPZ, this nearby food truck park offers a variety of dining options in a unique, outdoor setting.
For shopping enthusiasts, the City Centre Me’aisem offers a comprehensive retail experience with supermarkets, fashion outlets, and entertainment options.
Strategically positioned, the area is a short drive to Dubai’s main attractions. It takes just 30 minutes to reach Dubai International Airport, facilitating convenient travel. Similarly, iconic destinations such as the Burj Khalifa and The Dubai Mall are only a 25-minute drive away, providing easy access to the finest entertainment and leisure facilities Dubai has to offer.
Investment real estate in Dubai Production City
Investing in IMPZ presents a strategic opportunity, combining the allure of a vibrant community with the growth potential of Dubai's real estate market. Those looking to buy property in Dubai Production City will find the cost of housing here competitively priced, offering a variety of investment avenues from residential apartments to commercial spaces.
Long-term investors can capitalise on the rental market, especially in IMPZ, as apartments in Dubai are highly sought after due to the area's connectivity and amenities. This demand ensures high ROI rates, particularly for studio units:
- Studio flats – 8.92%
- 1-bedroom residences – AED 7.39%
- 2-bedroom residences – AED 5.54%
Short-term investments in IMPZ benefit from the emirate's overall property appreciation, making purchases particularly attractive for those seeking future value growth. Off-plan options provide investors with the opportunity to enter the market at an initial price point, with the potential for substantial appreciation of 20% - 30% upon project completion.
The combination of a strategic location, a comprehensive community lifestyle, and the competitive cost of property in Dubai Production City renders it an enticing option for both seasoned and new investors in the local real estate market.
Buying property in Dubai Production City for foreigners
Emirates.Estate caters to foreigners looking to navigate the vibrant landscape of the UAE real estate market, offering a diverse array of properties in Dubai Production City for investment and living. Our platform serves as a treasure trove of resources, providing up-to-date home sales statistics in the UAE, alongside essential relocation tips and more. Thanks to our advanced property search filters, discovering the ideal match becomes an effortless endeavour, tailored to meet your specific needs.
Whether you're drawn to apartments and villas in Dubai for their investment potential or as a place to call home, our team ensures that purchasing housing in the UAE is a streamlined and expedited process. Contact our team today for more details.