Buy property in JBR - Jumeirah Beach Residence
FAQ' S
Dubai International City offers a variety of property types including studio apartments, 1- to 3-bedroom apartments, and a few townhouse options. Most properties are in mid-rise buildings, reflecting different architectural styles.
Prices can vary depending on the cluster and the size of the property. As of 2024, studio apartments start from around AED 250,000, while 1-bedroom apartments range from AED 350,000 to AED 550,000. Larger apartments or townhouses may be priced higher.
Yes, Dubai International City is a freehold area, which means foreigners can purchase properties with full ownership rights.
Popular clusters include the China, Morocco, Spain, and Italy clusters. Each cluster has its own unique architectural style and ambiance, making them attractive to different types of buyers.
The area offers a wide range of amenities, including supermarkets, restaurants, cafes, pharmacies, schools, and clinics. There are also parks, community centers, and recreational facilities within the vicinity.
Dubai International City is serviced by several RTA bus routes that connect to the Dubai Metro. The closest metro station is Rashidiya, and residents often use the buses to commute to the metro station.
Dubai International City is known for offering high rental yields, particularly for studio and 1-bedroom apartments, with yields ranging between 7% to 9%, depending on the location and property condition.
Yes, property owners are required to pay service charges, which cover maintenance of common areas and facilities. The fees vary depending on the property size and the cluster, usually ranging from AED 12 to AED 20 per square foot annually.
Dubai International City is considered a good investment for buyers looking for affordable properties with high rental yields. The community's diverse demographics and lower price points make it appealing to both investors and end-users.
The steps typically include: selecting a property, making an offer, signing a Memorandum of Understanding (MoU), paying a deposit, undergoing property valuation and due diligence, completing the sales and purchase agreement (SPA), and finalizing the transfer with the Dubai Land Department (DLD).
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