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Al Multaqa Avenue in Mirdif Hills - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for off-plan (pre registration and delayed sell) properties in Al Multaqa Avenue

RoomsSize, sqmSale price, AED/sqmSale price, AED
110514,3561,501,907
214014,4582,027,203

Sales prices for completed properties in Al Multaqa Avenue

RoomsSize, sqmSale price, AED/sqmSale price, AED
110412,2901,280,000

Rents in Al Multaqa Avenue

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
Studio481,02148,500
17992472,667
2140821115,000

The cap rate (rental yield) of investments into Al Multaqa Avenue project is 6.5% on average.

The price of an apartment in Al Multaqa Avenue is 13,360 AED/sqm on average.

Price for off-plan 1 bedroom apartment in Al Multaqa Avenue is 1,501,907 AED or 14,356 AED/sqm.
Price for off-plan 2 bedroom apartment in Al Multaqa Avenue is 2,027,203 AED or 14,458 AED/sqm.

Price for completed 1 bedroom apartment in Al Multaqa Avenue is 1,280,000 AED or 12,290 AED/sqm.

Rent in Al Multaqa Avenue is 12,290 AED/sqm/year on average for long term rent of an apartment.

Rent for Studio apartment in Al Multaqa Avenue is 48,500 AED or 1,021 AED/sqm.
Rent for 1 bedroom apartment in Al Multaqa Avenue is 72,667 AED or 924 AED/sqm.
Rent for 2 bedroom apartment in Al Multaqa Avenue is 115,000 AED or 821 AED/sqm.

About Al Multaqa Avenue

'Al Multaqa Avenue' in 'Mirdif Hills' area project description

Mirdif Hills- Al Multaqa Avenue is a residential and commercial development project located in the Mirdif area of Dubai, United Arab Emirates. The project is being developed by Dubai Properties Group, a subsidiary of Dubai Holding, and is set to become a vibrant and modern community.

The project is located in the heart of Mirdif and is spread across an area of 1.2 million square feet. It will feature a range of residential and commercial units, including apartments, townhouses, and villas. The project will also include a range of amenities, such as a shopping mall, a health club, a spa, a swimming pool, and a children’s play area. The project is expected to be completed by 2021.

The project is designed to provide a modern and vibrant lifestyle to its residents. It will feature a range of modern amenities, such as a shopping mall, a health club, a spa, a swimming pool, and a children’s play area. The project will also feature a range of green spaces, such as parks and gardens, to provide a pleasant and relaxing environment for its residents.

The project is expected to be completed by 2021 and will feature a range of residential and commercial units. The residential units will include apartments, townhouses, and villas. The commercial units will include retail outlets, restaurants, and cafes. The project will also feature a range of modern amenities, such as a shopping mall, a health club, a spa, a swimming pool, and a children’s play area.

The project is expected to become a vibrant and modern community. It will provide its residents with a range of modern amenities and green spaces. The project is also expected to create a range of employment opportunities for its residents. The project is expected to be completed by 2021 and will provide its residents with a modern and vibrant lifestyle.

Q&A on Al Multaqa Avenue

What are the advantages of 'Al Multaqa Avenue' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Mirdif Hills- Al Multaqa Avenue is located in the heart of Dubai, close to major attractions such as Dubai Mall, Burj Khalifa, and Dubai International Airport. This makes it an ideal location for real estate buyers looking for convenience and easy access to the city’s amenities.

2. High-end Amenities: The project offers a range of high-end amenities, including a shopping mall, a fitness center, a swimming pool, and a spa. This makes it an attractive option for those looking for a luxurious lifestyle.

3. Affordable Prices: Despite its prime location and high-end amenities, the project offers competitive prices, making it a great option for those looking for an affordable real estate investment.

4. High Rental Yields: The project offers high rental yields, making it an attractive option for real estate investors looking to generate a steady income.

5. High Resale Value: The project is expected to have a high resale value, making it an attractive option for those looking to make a long-term investment.

What projects are better than 'Al Multaqa Avenue' project in Dubai which are located close by, and why?

Mirdif Hills features several notable projects that can be considered as alternatives to Al Multaqa Avenue:

1. Ghoroob Mirdif:
- Features: Extensive landscaped gardens, swimming pools, children's play areas, and sports courts.
- Why Better: Offers a more family-friendly environment with vast recreational facilities and larger residential units.

2. Uptown Mirdif:
- Features: European architectural design, retail shops, supermarkets, restaurants, and cafes.
- Why Better: Combines residential living with a vibrant commercial and social hub, providing greater convenience and lifestyle options.

3. Shorooq Mirdif:
- Features: Spacious villas and apartments, lush green parks, and top-notch amenities.
- Why Better: More spacious and luxurious residential options with a focus on tranquility and green living.

4. Mirdif Tulip:
- Features: Modern architecture, close proximity to shopping malls and entertainment venues.
- Why Better: Strategically located with easy access to the commercial areas, offering a blend of convenience and modern living.

Each of these projects offers different strengths ranging from enhanced family amenities, architectural beauty, convenience, and spacious living environments.

What are the closest schools to 'Al Multaqa Avenue' project in Dubai?

The closest schools to the 'Al Multaqa Avenue' project in the Mirdif Hills area in Dubai include:

1. Mirdif American School (MAS)
- Location: 78C2+HJ6, Mirdif, Dubai

2. GEMS Royal Dubai School
- Location: Al Mizhar 1, Mirdif, Dubai

3. Uptown International School
- Location: Al Barajeel Oasis Complex, Mirdif, Dubai

4. Dar Al Marefa School
- Location: 78F7+22W, Al Khawaneej 1, Dubai

5. Dubai Modern Education School
- Location: Al Mizhar 1, Mirdif, Dubai

What are the closest medical clinics to 'Al Multaqa Avenue' project in Dubai?

- Aster Clinic, Arabian Center: Located at Arabian Center, opposite Al Mizhar American Academy, Al Khawaneej Road, Al Mizhar 1, approximately 2.5 km from Al Multaqa Avenue.
- Mediclinic Mirdif: Situated at Uptown Mirdiff, within Uptown Mirdif Mall, a distance of around 3 km.
- Mediclinic Arabian Ranches: Located at the Retail Center 2, Arabian Ranches, about 7 km away.
- Prime Medical Center: Found at Century Mall, Al Mamzar, approximately 8 km from the project.
- Emirates Hospital Day Surgery & Medical Center, Motor City: Positioned at First Avenue Mall, Motor City, around 10 km away.




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