City of Arabia area in Dubai - prices, rents and cap rates

Cap rates for projects in City of Arabia area in Dubai

Data as of September 2024

Project	Sale price, AED/sqm	Rent, AED/sqm/ year	Cap rate
Wadi Tower	10,378	582	5.6%

The cap rate (rental yield) in City of Arabia is 5.6%.

Sales prices for off-plan (pre registration and delayed sell) properties in City of Arabia

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	130	10,378	1,349,136

Rents in City of Arabia

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
2	134	582	78,000

Price for off-plan 2 bedroom apartment in City of Arabia is 1,349,136 AED or 10,378 AED/sqm.

Rent in City of Arabia is 10,378 AED/sqm/year on average for long term rent of an apartment.

Rent for 2 bedroom apartment in City of Arabia is 78,000 AED or 582 AED/sqm.

Residential property projects in City of Arabia

Off-plan	Ready
Wadi Tower (33%)	-

Share of off-plan projects in sales in City of Arabia is 17%

Sales and rents in City of Arabia in October 2024

Project name	Sale price, AED/sqm	Pre. reg sales	Delayed sales	Sales	Rent, AED/sqm/ year	Rent contracts
Wadi Tower	10,378	1			582	1

Area guide for property buyers in City of Arabia

What are the advantages of 'City Of Arabia' area in Dubai for property buyers vs. other areas? What are the disadvantages?

Advantages:

1. City of Arabia is located in the heart of Dubai, making it an ideal location for those looking to be close to the city’s many attractions.

2. The area offers a wide range of properties, from luxury villas to affordable apartments, allowing buyers to find the perfect fit for their budget and lifestyle.

3. The area is well-connected to the rest of the city, with easy access to public transportation, highways, and other amenities.

4. The area is also home to several shopping malls, entertainment venues, and other attractions, making it a great place to live and work.

Disadvantages:

1. The area is still relatively new and underdeveloped, meaning that some amenities may not be as readily available as in other parts of the city.

2. The area is also prone to traffic congestion, as it is located near a major highway.

3. The area is also relatively far from the beach, meaning that beachgoers may have to travel a bit further to enjoy the sand and surf.

What areas are cheaper than 'City Of Arabia' area in Dubai but provide a similar quality of living?

1. Al Furjan
2. Jumeirah Village Circle
3. Discovery Gardens
4. International City
5. Jumeirah Village Triangle
6. Al Quoz
7. Dubai Sports City
8. The Greens
9. Jebel Ali
10. Al Barsha

Where is 'City Of Arabia' area in Dubai located? What other areas are close by?

City of Arabia is located in Dubailand, a large development in the desert of Dubai. The area is close to the Dubai Autodrome, Global Village, and the Dubai Outlet Mall. Other nearby areas include Al Barsha, Motor City, and Al Warqa.

Cap rate (or rental yield) - gross capitalization rate based on long term rentals, before taxes, fees and service charges and without accounting for delays between long term rentals. Shown average prices and rents.

(x%) shows share of off-plan properties in sales in the last complete month