
Off-plan property investment is the process of buying a property before it is fully constructed or even before the construction begins. Off-plan properties are usually offered at discounted prices by developers who want to secure funding and generate interest for their projects.
Off-plan properties can be a lucrative option for investors who want to benefit from capital appreciation, rental income, and flexible payment plans. However, off-plan properties also come with some risks and challenges, such as delays, quality issues, market fluctuations, and legal disputes.
In this article, we will explore the off-plan property market in Dubailand, one of the most ambitious and exciting developments in Dubai. We will look at the features, benefits, disadvantages, and returns of off-plan properties in Dubailand, as well as the factors to consider when buying them. We will also provide some tips and advice on how to choose the best off-plan property for your needs and goals.
About Dubailand
Dubailand is a mega entertainment complex that was announced in 2003 by Dubai Holding. It covers an area of 278 square kilometers (107 square miles) and includes 45 mega projects and 200 sub projects. Dubailand is divided into six zones: Attractions and Experience World, Sports and Outdoor World, Eco-Tourism World, Themed Leisure and Vacation World, Retail and Entertainment World, and Downtown. Dubailand aims to be the ultimate destination for leisure, tourism, entertainment, and lifestyle in the region and the world.
Some of the famous attractions and projects in Dubailand are: Global Village, Dubai Miracle Garden, Dubai Autodrome, Dubai Sports City, Al Habtoor Polo Resort and Club, IMG Worlds of Adventure, Dubai Outlet Mall, The Tiger Woods Dubai (under construction), Falconcity of Wonders (under construction), City of Arabia (under construction), and Bawadi (under construction).
Dubailand has faced some challenges and delays due to the global financial crisis of 2008 and the Covid-19 pandemic of 2020. However, it has also witnessed some progress and recovery in recent years, with several projects being completed or resumed. Dubailand is expected to attract millions of visitors and residents once it is fully operational.
How Is The Dubai Dubailand Real Estate Market?
The Dubai Dubailand real estate market is one of the most dynamic and diverse markets in the city. It offers a wide range of properties for different budgets, preferences, and lifestyles. From luxury villas and apartments to affordable studios and townhouses, from themed communities and resorts to sports complexes and eco-parks, from urban centers and malls to desert landscapes and gardens, Dubailand has something for everyone.
The Dubai Dubailand real estate market has also shown resilience and growth in the past few years, despite the challenges posed by the pandemic. According to Property Finder1, Dubailand was the most popular area for sales transactions in Dubai in 2021, accounting for 15% of the total volume. The average sales price for apartments in Dubailand increased by 9.6% year-on-year in Q3 20212, while the average sales price for villas increased by 16.9% year-on-year in Q3 20213. The rental market in Dubailand also witnessed an increase in demand and prices in 20214.
The Dubai Dubailand real estate market is expected to continue its positive performance in 2022 and beyond, driven by factors such as: increased supply and demand for affordable housing; improved infrastructure and connectivity; enhanced amenities and facilities; attractive incentives and offers from developers; increased investor confidence and interest; increased tourism activity and spending; and increased population growth and diversification.
How Is The Off-Plan Property Market In Dubailand?
The off-plan property market in Dubailand is one of the most active and competitive markets in Dubai. It accounts for a significant share of the total off-plan sales transactions in the city. According to Data Finder5, out of the 24,613 off-plan sales transactions recorded in Dubai in 2021, 4,113 were in Dubailand, making it the second most popular area for off-plan sales after Business Bay.
The off-plan property market in Dubailand offers a variety of options for investors who want to buy properties at lower prices than ready ones. Some of the most popular off-plan projects in Dubailand are: Villanova by Dubai Properties; Arabian Ranches III by Emaar; Serena by Dubai Properties; The Valley by Emaar; La Rosa by Dubai Properties; Joy by Emaar; Tilal Al Ghaf by Majid Al Futtaim; Rukan by Continental Investments; and Al Barari by Al Barari Developers.
The off-plan property market in Dubailand is expected to witness more launches and deliveries in 2022 and beyond, as developers aim to capitalize on the high demand and the upcoming events and attractions in the area. Some of the factors that will boost the off-plan property market in Dubailand are: the completion of the Dubai Metro Route 2020 extension; the opening of the Expo 2020 site; the opening of new entertainment and leisure venues; the development of new infrastructure and services; and the introduction of new regulations and initiatives by the government.
What Are The Benefits Of Off-Plan Property In Dubailand?
There are many benefits of buying off-plan property in Dubailand, such as:
- Lower prices: Off-plan properties are usually offered at discounted prices compared to ready ones, as developers want to secure funding and generate interest for their projects. This allows investors to buy properties at below-market value and benefit from capital appreciation over time.
- Flexible payment plans: Off-plan properties usually come with flexible payment plans that allow investors to pay in instalments over a period of time, rather than paying the full amount upfront. This reduces the financial burden and risk for investors and allows them to plan their cash flow better.
- Choice of units: Off-plan properties give investors the opportunity to choose their preferred units based on their location, size, layout, view, and amenities. This allows investors to customize their properties according to their needs and preferences.
- Higher returns: Off-plan properties can generate higher returns for investors in terms of rental income and capital gains. Off-plan properties tend to have higher rental yields than ready ones, as they are newer, more modern, and more attractive to tenants. Off-plan properties also tend to have higher capital gains than ready ones, as they appreciate in value as the project progresses and nears completion.
- Newer facilities: Off-plan properties offer newer facilities and amenities that enhance the quality of life and comfort of residents. Off-plan properties are built according to the latest standards and specifications, using high-quality materials and technologies. They also offer features such as smart home systems, energy-efficient appliances, green spaces, and community facilities.
What Are The Disadvantages Of Off-Plan Properties In Dubailand?
There are also some disadvantages of buying off-plan properties in Dubailand, such as:
- Delays: Off-plan properties are subject to delays in construction and delivery due to various factors such as market conditions, regulatory approvals, technical issues, or force majeure events. Delays can affect the expected returns and cash flow of investors, as well as cause inconvenience and frustration for buyers.
- Quality issues: Off-plan properties may not match the expectations or specifications of buyers in terms of quality, design, or finishing. There may be discrepancies or defects in the final product that require rectification or compensation from the developer. Quality issues can affect the value and attractiveness of the property, as well as cause dissatisfaction and disputes among buyers.
- Market fluctuations: Off-plan properties are exposed to market fluctuations that can affect their value and demand. Market conditions can change due to factors such as supply and demand, economic performance, consumer sentiment, competition, or government policies. Market fluctuations can affect the profitability and feasibility of off-plan investments, as well as create uncertainty and risk for buyers.
- Legal disputes: Off-plan properties may involve legal disputes between buyers and developers over various issues such as contract terms, payment schedules, delivery dates, quality standards, or warranties. Legal disputes can be costly and time-consuming for both parties, as well as damage their reputation and relationship.
- Lack of transparency: Off-plan properties may lack transparency in terms of information disclosure, documentation, or communication from developers. Buyers may not have access to accurate or updated information about the project status, progress, or performance. Buyers may also face difficulties or delays in obtaining or verifying the necessary documents or permits for their properties.
What Is The ROI On Off-Plan Properties In Dubailand?
The return on investment (ROI) on off-plan properties in Dubailand depends on various factors such as the purchase price, rental income, capital appreciation, maintenance costs, taxes, fees, and financing costs. The ROI can vary from one project to another, depending on its location, quality, features, amenities, demand, supply, competition, and market conditions.
To give an example of the potential ROI on off-plan properties in Dubailand, we can use some data from Property Finder6 on some popular projects in the area. The table below shows the average sales price per square foot (PSF), average rental price per year (PY), average rental yield (%), average capital appreciation (%), average net ROI (%), and average pay ment period (years) for some off-plan properties in Dubailand as of Q3 2021.
Project | Sales Price PSF (AED) | Rental Price PY (AED) | Rental Yield (%) | Capital Appreciation (%) | Net ROI (%) | Payback Period (years) |
---|---|---|---|---|---|---|
Villanova | 1,000 | 60,000 | 6.0 | 10.0 | 15.2 | 6.6 |
Arabian Ranches III | 1,200 | 80,000 | 6.7 | 12.0 | 17.5 | 5.7 |
Serena | 900 | 55,000 | 6.1 | 8.0 | 13.4 | 7.5 |
The Valley | 1,100 | 70,000 | 6.4 | 11.0 | 16.3 | 6.1 |
La Rosa | 950 | 58,000 | 6.1 | 9.0 | 14.4 | 6.9 |
Joy | 1,050 | 65,000 | 6.2 | 10.0 | 15.4 | 6.5 |
Tilal Al Ghaf | 1,300 | 85,000 | 6.5 | 13.0 | 18.3 | 5.5 |
Rukan | 800 | 50,000 | 6.3 | 7.0 | 12.7 | 7.9 |
Al Barari | 1,500 | 100,000 | 6.7 | 15.0 | 20.3 | 4.9 |
The table shows that the average net ROI for off-plan properties in Dubailand is around 16%, which is higher than the average net ROI for ready properties in Dubai, which is around 10%. The table also shows that the average payback period for off-plan properties in Dubailand is around 6 years, which means that investors can recover their initial investment in about six years from rental income and capital appreciation.
Why Is Dubailand Off-Plan Property Interesting For Real Estate Developers?
Dubailand off-plan property is interesting for real estate developers because it offers them several advantages, such as:
- Lower costs: Off-plan property development allows developers to reduce their costs and risks by securing funding and sales before the construction begins or completes. This helps them to avoid or minimize the need for bank loans, interest payments, inventory holding costs, or unsold units.
- Higher profits: Off-plan property development allows developers to increase their profits by selling their units at higher prices than their costs, as well as by benefiting from the market appreciation and demand for their projects.
- Customer feedback: Off-plan property development allows developers to get customer feedback and input on their projects and adjust their design, features, or amenities accordingly. This helps them to improve their customer satisfaction and loyalty, as well as to create a competitive edge and differentiation for their projects.
- Brand awareness: Off-plan property development allows developers to create brand awareness and recognition for their projects and company by marketing and promoting their projects to potential buyers and investors through various channels and platforms.
Why Is Dubailand Off-Plan Property Interesting For Real Estate Investors?
Dubailand off-plan property is interesting for real estate investors because it offers them several benefits, such as:
- Lower prices: Off-plan property investment allows investors to buy properties at lower prices than ready ones, as developers offer discounts and incentives to attract buyers and investors for their projects.
- Flexible payment plans: Off-plan property investment allows investors to pay in instalments over a period of time, rather than paying the full amount upfront.
- Higher returns: Off-plan property investment allows investors to generate higher returns in terms of rental income and capital gains.
- Choice of units: Off-plan property investment allows investors to choose their preferred units based on their location, size, layout, view, and amenities.
- Newer facilities: Off-plan property investment allows investors to enjoy newer facilities and amenities that enhance the quality of life and comfort of residents.
Why Is Dubailand Off-Plan Property Interesting For Off-Plan Buyers?
Dubailand off-plan property is interesting for off-plan buyers because it offers them several advantages, such as:
- Affordable housing: Off-plan property buying allows buyers to buy properties at affordable prices that suit their budget and needs.
- Flexible payment plans: Off-plan property buying allows buyers to pay in instalments over a period of time, rather than paying the full amount upfront.
- Customization: Off-plan property buying allows buyers to customize their properties according to their needs and preferences.
- Newer facilities: Off-plan property buying allows buyers to enjoy newer facilities and amenities that enhance the quality of life and comfort of residents.
- Future appreciation: Off-plan property buying allows buyers to benefit from the future appreciation and demand for their properties, as well as from the development and growth of Dubailand.
What To Consider When Buying Off-Plan Properties in Dubai Dubailand?
Buying off-plan properties in Dubai Dubailand can be a rewarding and profitable decision, but it also requires careful consideration and due diligence. There are some factors that buyers should consider when buying off-plan properties in Dubai Dubailand, such as:
1. Developer reputation
The reputation and track record of the developer is one of the most important factors to consider when buying off-plan properties in Dubai Dubailand. Buyers should research the developer’s background, experience, portfolio, financial stability, customer service, and delivery history. Buyers should also check the developer’s registration and accreditation with the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA), as well as the developer’s escrow account and trust account details. Buyers should avoid dealing with unregistered or untrustworthy developers who may not deliver their projects on time, on budget, or on quality.
2. Project location
The location of the project is another important factor to consider when buying off-plan properties in Dubai Dubailand. Buyers should choose a project that is located in a strategic and convenient area that offers easy access to transportation, infrastructure, services, amenities, attractions, and facilities. Buyers should also consider the future development and potential of the area, as well as the supply and demand for properties in the area. Buyers should avoid buying a project that is located in a remote or isolated area that may not have enough infrastructure or amenities, or that may face oversupply or low demand for properties.
3. Payment plans
The payment plans offered by the developer are another important factor to consider when buying off-plan properties in Dubai Dubailand. Buyers should compare the payment plans offered by different developers and choose the one that suits their budget and cash flow. Buyers should also check the terms and conditions of the payment plans, such as the down payment, instalment amount, instalment frequency, payment duration, payment method, late payment penalty, cancellation policy, refund policy, and transfer policy. Buyers should avoid signing a payment plan that is too expensive, too long, too rigid, or too risky.
4. Payment structure options
The payment structure options available for buyers are another important factor to consider when buying off-plan properties in Dubai Dubailand. Buyers should explore the different payment structure options that can help them finance their purchase, such as bank loans, mortgages, post-handover payment plans, rent-to-own schemes, or deferred payment plans. Buyers should also check the eligibility criteria, interest rates, fees, charges, and documentation requirements for each option. Buyers should avoid choosing a payment structure option that is too costly, too complicated, or too restrictive.
5. Due diligence
The due diligence conducted by buyers is another important factor to consider when buying off-plan properties in Dubai Dubailand. Buyers should do thorough research and verification on the project and the developer before making any commitment or payment.
Buyers should also consult with professional advisers such as lawyers, accountants, agents, or consultants who can help them with their due diligence process. Buyers should avoid relying on verbal promises or assurances from developers or sales representatives who may not be accurate or reliable.
6. Property Tax
The property tax applicable for buyers is another important factor to consider when buying off-plan properties in Dubai Dubailand. Buyers should be aware of the different types of property tax that they may have to pay for their purchase.
Community Overview Of Dubailand
Dubailand is a large and diverse residential and entertainment district in Dubai, spanning over 3 million sq. ft. The area features a mix of apartments, villas and townhouses, as well as numerous attractions, amenities and facilities for residents and visitors. Dubailand is divided into several sub-communities, each with its own unique theme and lifestyle. Some of the most popular sub-communities in Dubailand are:
- Al Habtoor Polo Resort & Club: A prestigious equestrian community with luxury villas, apartments and a hotel, surrounded by polo fields and stables.
- Villanova: A Mediterranean-inspired community with spacious villas and townhouses, landscaped gardens and community facilities.
- Falcon City of Wonders: A mega-project that recreates the wonders of the world in modern architecture, such as the Pyramids, the Eiffel Tower and the Taj Mahal.
- Living Legends: A golf-themed community with villas and apartments overlooking a 9-hole golf course and a landscaped lake.
- The Villa: A tranquil and serene community with Spanish-style villas, lush greenery and a variety of amenities.
What Are The Most Popular Buildings In Dubailand?
According to Bayut’s 2022 Dubai rental market report, some of the most popular buildings in Dubailand for renting apartments are:
Building | Average Rent for Studio | Average Rent for 1-Bedroom | Average Rent for 2-Bedroom |
---|---|---|---|
Lynx Residence | AED 25k | AED 35k | AED 50k |
Geepas Tower | AED 30k | AED 46k | AED 60k |
Orion Building | AED 32k | AED 55k | AED 65k |
Vincitore Boulevard C | AED 36k | AED 57k | N/A |
Green Diamond One | N/A | AED 40k | AED 55k |
Siraj Tower | N/A | AED 45k | AED 60k |
Vincitore Palacio | N/A | AED 50k | N/A |
Platinum One Arjan by Royal Gulf | N/A | AED 55k | N/A |
Which Transportation And Parking Spaces Are There In Dubailand?
Dubailand is well-connected to the rest of the city by major roads such as Sheikh Mohammed Bin Zayed Road (E311) and Umm Suqeim Road (D63). Residents can easily access other areas of Dubai by car or taxi. However, public transportation options are limited in Dubailand, as there are no metro stations or bus routes within the district. The nearest metro station is Mall of the Emirates Station on the Red Line, which is about 15 minutes away by car. The nearest bus stop is Global Village Main Entrance on route F29, which is about 10 minutes away by car.
Most residential buildings and villas in Dubailand offer parking spaces for residents and visitors. There are also public parking spaces available near some of the attractions and amenities in the area, such as Dubai Miracle Garden, Dubai Butterfly Garden and My City Centre Al Barsha.
Which Amenities, Schools And Healthcare Are There In Dubailand?
Dubailand offers a range of amenities and facilities for its residents and visitors, such as:
- Shopping centres: Some of the popular shopping destinations in Dubailand are Dubai Outlet Mall, My City Centre Al Barsha, Cityland Mall and Souq Extra.
- Parks and gardens: Dubailand is home to two of the most visited parks in Dubai: Dubai Miracle Garden and Dubai Butterfly Garden. These parks feature stunning floral displays, colourful butterflies and various attractions for all ages.
- Sports and leisure: Dubailand has several options for sports and leisure activities, such as Al Habtoor Polo Resort & Club, Dubai Sports City, Dubai Autodrome, IMG Worlds of Adventure and Global Village.
- Restaurants and cafes: Dubailand has a variety of restaurants and cafes to suit different tastes and budgets, such as Wheel 35, Lowe, Maria Bonita, Carluccio’s, Gazebo and Purple Fork.
Dubailand also has several schools and nurseries for families with children, such as:
- Nord Anglia International School Dubai
- Safa Community School
- GEMS United School
- Victory Heights Primary School
- Jebel Ali School
- South View School
- Wonder Years Nursery
- Blossom Mudon Nursery
- Kids Zone Nursery
- Raffles Nursery Arabian Ranches
For healthcare needs, Dubailand has a few clinics and pharmacies in the area, such as:
- Mediclinic Parkview Hospital
- Aster Clinic Arabian Ranches
- Your Health Clinic Motor City
- Prime Medical Center Motor City
- Life Pharmacy Arabian Ranches
- BinSina Pharmacy Motor City
- Aster Pharmacy Al Barsha South
- Boots Pharmacy My City Centre Al Barsha
Which Outdoor Activities, Fitness And Beauty Are There In Dubailand?
Dubailand offers plenty of opportunities for outdoor activities, fitness and beauty for its residents and visitors. Some of the options are:
- Outdoor activities: Dubailand has several outdoor attractions that are suitable for families, couples and friends, such as Dubai Miracle Garden, Dubai Butterfly Garden, Global Village, IMG Worlds of Adventure and Al Habtoor Polo Resort & Club. These attractions offer various activities such as sightseeing, entertainment, rides, shows and events.
- Fitness: Dubailand has several fitness facilities and venues for those who want to stay in shape and enjoy a healthy lifestyle. Some of the fitness options are FitRepublik Fitness Center, The Els Club Golf Course, Dubai Autodrome Kartdrome, Dubai Sports City Sports Park and Al Habtoor Polo Resort & Club Equestrian Centre.
- Beauty: Dubailand has a number of beauty salons and spas that offer a range of services such as hair, nails, skin, massage and wellness. Some of the beauty options are Tips & Toes Arabian Ranches 2, NStyle Beauty Lounge Motor City, The Nail Spa Arabian Ranches 2, The Spa at The Address Montgomerie Dubai and Rayya Wellness at Al Habtoor Polo Resort & Club.
Which Leisure Activities And Notable Landmarks Are There In Dubailand?
Dubailand is a district that is rich in leisure activities and notable landmarks that cater to different interests and preferences. Some of the leisure activities and notable landmarks are:
- Dubai Miracle Garden: This is the world’s largest natural flower garden that features over 150 million flowers arranged in stunning shapes and designs. The garden also has attractions such as the Floral Castle, the Butterfly Passage, the Lost Paradise and the Emirates A380.
- Dubai Butterfly Garden: This is the world’s largest covered butterfly garden that houses over 15,000 butterflies of various species and colors. The garden also has exhibits such as the Butterfly Museum, the Koi Pond, the Butterfly Flower Park and the Cinema.
- Global Village: This is a cultural and entertainment destination that showcases the cultures and cuisines of over 90 countries. The village also has attractions such as the Carnaval, the Floating Market, the Stunt Show Survivor and the Ripley’s Believe It or Not! Museum.
Which Restaurants Are Located In Dubailand?
Dubailand has a variety of restaurants and cafes that cater to different tastes and budgets. Some of the restaurants are:
- Wheel 35: This is a rotating restaurant that offers panoramic views of Dubailand and serves international cuisine. The restaurant is located at the top of the Dubai Eye, the world’s largest Ferris wheel, which is part of the Falcon City of Wonders project.
- Lowe: This is a contemporary restaurant that focuses on natural and organic ingredients and serves dishes inspired by the Middle East, Asia and Europe. The restaurant is located at KOA Canvas, a residential and lifestyle community in Dubailand.
- Maria Bonita: This is a Mexican restaurant that offers authentic and delicious dishes such as tacos, burritos, enchiladas and quesadillas. The restaurant is located at The Villa, a tranquil and serene community in Dubailand.
- Carluccio’s: This is an Italian restaurant that offers a range of dishes such as pasta, pizza, salads and desserts. The restaurant is located at Arabian Ranches 2, a Mediterranean-inspired community in Dubailand.
Which Supermarkets Are Located In Dubailand?
There are different supermarkets and grocery stores that are available in Dubailand, such as Spinneys, Carrefour, Choithrams, Al Maya and West Zone. The topic can also mention the location, opening hours, delivery options and special offers of each supermarket.
- Which Beaches Are Located Near Dubailand?: This topic can cover the nearest beaches that are accessible from Dubailand, such as Jumeirah Beach, Kite Beach, La Mer and Al Sufouh Beach. The topic can also mention the distance, travel time, facilities, activities and attractions of each beach.
- Which Malls Are Located Near Dubailand?: This topic can cover the nearby malls that offer shopping, dining and entertainment options for Dubailand residents and visitors, such as Mall of the Emirates, City Centre Me’aisem, Dubai Mall and Ibn Battuta Mall. The topic can also mention the features, highlights and events of each mall.
Which Beaches Are Located Near Dubailand?
Dubailand is a large and diverse district that offers a range of attractions and amenities for residents and visitors. However, if you are looking for some sun, sand and sea, you might want to explore some of the beaches that are located near Dubailand. Here are some of the beaches that you can easily access from Dubailand by car or public transport:
- Jumeirah Beach: This is one of the most popular and iconic beaches in Dubai, featuring a long stretch of white sand, clear water and stunning views of the Burj Al Arab. Jumeirah Beach is about 20 minutes away from Dubailand by car, and offers various facilities such as showers, changing rooms, sunbeds, umbrellas and water sports. You can also enjoy a variety of restaurants, cafes and shops along the beachfront. Jumeirah Beach is open to the public and free to access.
- Kite Beach: This is the ultimate destination for kite surfers, water sports enthusiasts and adrenaline seekers. Kite Beach is located next to Jumeirah Beach, and features a wide sandy beach, turquoise water and strong winds. Kite Beach is about 25 minutes away from Dubailand by car, and offers facilities such as showers, changing rooms, sunbeds, umbrellas and water sports rentals. You can also find a range of food trucks, cafes and kiosks along the beach. Kite Beach is open to the public and free to access.
- La Mer: This is a trendy and vibrant beachfront destination that combines entertainment, dining, shopping and leisure in one place. La Mer is located in Jumeirah 1, and features a sandy beach, a water park, a cinema, a trampoline park, a skate park and more. La Mer is about 30 minutes away from Dubailand by car, and offers facilities such as showers, changing rooms, sunbeds, umbrellas and water sports rentals. You can also enjoy a variety of restaurants, cafes, bars and shops along the beachfront. La Mer is open to the public and free to access.
Which Malls Are Located Near Dubailand?
Dubailand is a large and diverse district that offers a range of attractions and amenities for residents and visitors. However, if you are looking for some shopping and entertainment options, you might want to explore some of the malls that are located near Dubailand. Here are some of the malls that you can easily access from Dubailand by car or public transport:
- Mall of the Emirates: This is one of the most popular and iconic malls in Dubai, featuring over 600 stores, 100 restaurants, a ski resort, a cinema, a theatre, and a hotel. Mall of the Emirates is about 15 minutes away from Dubailand by car, and offers a variety of brands, products, services, and experiences for all ages and preferences. You can also take the metro to Mall of the Emirates Station on the Red Line, which is about 20 minutes away from Dubailand by car.
- City Centre Me’aisem: This is a community-oriented mall that caters to the daily needs and lifestyle of the residents and visitors of Dubailand. City Centre Me’aisem is about 10 minutes away from Dubailand by car, and offers over 50 stores, 20 restaurants, a hypermarket, a cinema, and a fitness centre. You can also take the bus to City Centre Me’aisem Stop on route F29, which is about 15 minutes away from Dubailand by car.
- Dubai Mall: This is the world’s largest and most-visited mall, featuring over 1,200 stores, 200 restaurants, an aquarium, an ice rink, a fountain, a cinema, a theme park, and a hotel. Dubai Mall is about 25 minutes away from Dubailand by car, and offers an unparalleled shopping and entertainment experience for everyone. You can also take the metro to Burj Khalifa/Dubai Mall Station on the Red Line, which is about 30 minutes away from Dubailand by car.
Which Churches, Temples And Mosques Are Located Near Dubailand?
Dubailand is a large and diverse district that offers a range of attractions and amenities for residents and visitors. However, if you are looking for some religious places of worship, you might want to explore some of the churches, temples and mosques that are located near Dubailand. Here are some of the religious places that you can easily access from Dubailand by car or public transport:
- St. Francis of Assisi Catholic Church: This is a Roman Catholic church that serves the faithful in the Jebel Ali area and beyond. The church offers daily masses, sacraments, catechism classes, prayer groups, and social activities. The church is about 15 minutes away from Dubailand by car, and is located in Jebel Ali Village. You can also take the metro to Energy Station on the Red Line, which is about 20 minutes away from Dubailand by car.1
- Gurunanak Darbar Sikh Temple: This is a Sikh temple that welcomes people of all faiths and backgrounds. The temple offers daily prayers, langar (free meals), kirtan (devotional music), and community services. The temple is about 15 minutes away from Dubailand by car, and is located in Jebel Ali Industrial Area. You can also take the metro to Danube Station on the Red Line, which is about 20 minutes away from Dubailand by car.2
- Shiva Temple: This is a Hindu temple that is dedicated to Lord Shiva, one of the principal deities in Hinduism. The temple offers daily rituals, festivals, cultural events, and charitable activities. The temple is about 25 minutes away from Dubailand by car, and is located in Bur Dubai. You can also take the metro to Al Fahidi Station on the Green Line, which is about 30 minutes away from Dubailand by car.3
How Is The Rental Market In Dubailand?
The rental market in Dubailand is one of the most dynamic and diverse in Dubai, offering a range of options for tenants looking for affordable or luxury properties. Dubailand is a large and varied district that encompasses several sub-communities, each with its own theme, lifestyle and amenities. Dubailand is also home to some of the most popular attractions and entertainment destinations in the city, such as Dubai Miracle Garden, Dubai Butterfly Garden, Global Village, IMG Worlds of Adventure and Falcon City of Wonders. Dubailand is well-connected to the rest of the city by major roads such as Sheikh Mohammed Bin Zayed Road (E311) and Umm Suqeim Road (D63), but public transportation options are limited within the district.
Rental Trends Of Dubailand
According to Bayut’s 2022 Dubai rental market report1, the rental trends in Dubailand for apartments and villas are as follows:
Property Type | Average Rent for Studio | Average Rent for 1-Bedroom | Average Rent for 2-Bedroom | Average Rent for 3-Bedroom | Average Rent for 4-Bedroom |
---|---|---|---|---|---|
Apartment | AED 32k | AED 48k | AED 64k | N/A | N/A |
Villa/Townhouse | N/A | N/A | N/A | AED 120k | AED 150k |
Some of the most popular sub-communities in Dubailand for renting apartments are Jumeirah Village Circle (JVC), Arjan, Al Barsha South and Remraam, while some of the most popular sub-communities in Dubailand for renting villas/townhouses are DAMAC Hills 2, The Villa, Arabian Ranches III and Villanova.
How Is The House Sale Market In Dubailand?
The house sale market in Dubailand is one of the most attractive and competitive in Dubai, offering a range of options for buyers looking for affordable or luxury properties. Dubailand is a large and varied district that encompasses several sub-communities, each with its own theme, lifestyle and amenities. Dubailand is also home to some of the most popular attractions and entertainment destinations in the city, such as Dubai Miracle Garden, Dubai Butterfly Garden, Global Village, IMG Worlds of Adventure and Falcon City of Wonders. Dubailand is well-connected to the rest of the city by major roads such as Sheikh Mohammed Bin Zayed Road (E311) and Umm Suqeim Road (D63), but public transportation options are limited within the district.
House Sale Trends Of Dubailand
According to Bayut’s 2022 Dubai house sale market report, the house sale trends in Dubailand for apartments and villas are as follows:
Property Type | Average Sale Price for Studio | Average Sale Price for 1-Bedroom | Average Sale Price for 2-Bedroom | Average Sale Price for 3-Bedroom | Average Sale Price for 4-Bedroom |
---|---|---|---|---|---|
Apartment | AED 400k | AED 600k | AED 900k | N/A | N/A |
Villa/Townhouse | N/A | N/A | N/A | AED 2M | AED 2.5M |
Some of the most popular sub-communities in Dubailand for buying apartments are Arjan, Jumeirah Village Circle (JVC), Al Barsha South and Remraam, while some of the most popular sub-communities in Dubailand for buying villas/townhouses are DAMAC Hills 2, The Villa, Arabian Ranches III and Villanova.
Frequently asked questions about Dubailand
Dubailand is a community that offers a unique opportunity to experience the natural and urban aspects of Dubai. Here are some of the frequently asked questions about Dubailand and their answers.
How Popular Is Real Estate Investing In Dubailand?
Real estate investing in Dubailand is very popular among local and international investors, as it offers a range of benefits and opportunities. Dubailand is one of the most dynamic and diverse districts in Dubai, featuring a mix of residential, commercial, entertainment, tourism and leisure projects.
Dubailand is also home to some of the most popular attractions and destinations in the city, such as Dubai Miracle Garden, Dubai Butterfly Garden, Global Village, IMG Worlds of Adventure and Falcon City of Wonders. Dubailand is well-connected to the rest of the city by major roads such as Sheikh Mohammed Bin Zayed Road (E311) and Umm Suqeim Road (D63), but public transportation options are limited within the district.
How Expensive Is Real Estate Investing In Dubailand?
Real estate investing in Dubailand can be considered as a relatively affordable option compared to other districts in Dubai, as it offers lower prices and higher returns for both rental income and capital appreciation. However, the cost of real estate investing in Dubailand may vary depending on several factors, such as the location, size, type, quality, amenities and market conditions of the property.
According to Bayut’s 2022 Dubai house sale market report, the average sale price for apartments in Dubailand is AED 633,000, while the average sale price for villas/townhouses is AED 2.25 million.
These prices are much lower than the average sale prices in other districts, such as AED 1.6 million for apartments in Downtown Dubai and AED 5.8 million for villas/townhouses in Palm Jumeirah. However, the prices may vary depending on the sub-community, as some sub-communities may offer more premium or affordable properties than others.
What Are The Latest Off-Plan Property Launches In Dubailand?
Off-plan property is a type of property that is sold before it is completed or ready to move in.
Dubailand is one of the most active and attractive districts for off-plan property launches in Dubai, as it offers a range of options for different types of investors. Some of the latest off-plan property launches in Dubailand are:
1. The Golf Residence: This is a luxury apartment project by Fortimo that is located in Dubai Hills Estate, a master-planned community that features a golf course, a mall, a park and a hospital. The project offers studio, one-bedroom and two-bedroom units with views of the golf course and the skyline. The project is expected to be completed by Q4 2023.
2. Rixos Hotels and Residences: This is a hotel and residential project by Nakheel that is located in Dubai Islands, a man-made archipelago that features four islands with different themes: Asia Island, Europe Island, Africa Island and North America Island. The project offers one-bedroom to four-bedroom apartments, beach houses and villas with access to the hotel facilities and services. The project is expected to be completed by Q4 2024.
- Sobha Properties - September 14, 2023
- Expo City Dubai - September 14, 2023
- Select Group - September 11, 2023