Greece Cluster in International City Phase 1 - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Greece Cluster
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
45
6,961
315,556
1
68
5,735
390,000
The price of an apartment in Greece Cluster is 6,786 AED/sqm on average.
Price for completed Studio apartment in Greece Cluster is 315,556 AED or 6,961 AED/sqm. Price for completed 1 bedroom apartment in Greece Cluster is 390,000 AED or 5,735 AED/sqm.
About Greece Cluster
'Greece Cluster' in 'International City Phase 1' area project description
The Greece Cluster, an integral part of the International City in Dubai, reflects the architectural charm and cultural essence of Greece. Conceived with the idea of creating a global village, the International City is a sprawling mixed-use development by Nakheel, featuring a diverse array of thematic residential clusters modeled after different countries. Each cluster is designed to evoke the architectural styles and cultural nuances of their namesake regions, and the Greece Cluster is no exception.
Nestled in the eastern part of the International City, the Greece Cluster stands out with its distinctive blue and white color palette, reminiscent of the iconic Greek islands. The buildings in this cluster are low-rise, following the traditional Mediterranean architectural style, featuring tiled roofs, arched windows, and balconies. The design emphasizes an open, airy feel that mirrors the relaxed, coastal lifestyle of Greece.
The residential units within the Greece Cluster include a mix of studios, one-bedroom, and two-bedroom apartments. These units are designed to cater to a variety of lifestyle needs, from single professionals to small families. Interiors are thoughtfully planned with spacious living areas, modern kitchens, and ample natural light, enhancing the overall living experience. Many apartments also feature private balconies, perfect for relaxing and taking in the surrounding views.
The Greece Cluster benefits from a host of amenities and urban conveniences. Within the cluster, residents can enjoy beautifully landscaped gardens and pedestrian-friendly pathways, promoting a sense of community and an active lifestyle. The wider International City provides a plethora of services and facilities, including retail outlets, supermarkets, clinics, and educational institutions. This ensures that residents have comprehensive access to everyday necessities and leisure options without having to venture far from their homes.
Connectivity is another strong suit of the Greece Cluster. It is strategically located with easy access to major roads such as Mohammed Bin Zayed Road (E311) and the Dubai-Al Ain Road, facilitating smooth commutes to other parts of the city. Public transport options, including buses and taxis, further enhance mobility for residents who prefer not to drive.
In terms of investment, the Greece Cluster holds significant appeal. The consistent demand for affordable yet well-appointed living spaces drives steady rental yields and potential capital appreciation. Additionally, the blend of cultural aesthetics and modern amenities makes it attractive for both expatriates and locals alike.
The Greece Cluster encapsulates the spirit of Greece through its design and community-focused approach, offering a unique living experience within the bustling metropolis of Dubai. Its fusion of cultural authenticity, practical amenities, and strategic location render it a compelling choice for residents and investors.
Q&A on Greece Cluster
What are the advantages of 'Greece Cluster' project in Dubai for property buyers? What are the disadvantages?
Advantages of 'Greece Cluster' in International City Phase 1:
1. Affordability: Properties in the Greece Cluster are often more affordable compared to other areas in Dubai, making it an attractive option for first-time buyers and investors looking for budget-friendly options.
2. Theme-Based Architecture: The Greece Cluster features architecture inspired by Greek themes, offering a unique and aesthetically pleasing environment.
3. Community Atmosphere: International City Phase 1 has a diverse community, creating a multicultural living experience and fostering a sense of international camaraderie.
4. Essential Amenities: The area is well-equipped with essential facilities such as supermarkets, healthcare centers, schools, and recreational areas, making daily life convenient for residents.
5. Transportation Links: There are efficient public transportation options, including buses and easy access to major highways, which facilitate easy commuting to other parts of Dubai.
6. Rental Yield: The Greece Cluster has the potential for stable rental income due to its affordability and demand from expatriates and working professionals.
7. Proximity to Key Areas: It’s reasonably close to key commercial and leisure districts like Downtown Dubai, Business Bay, and Dubai International Airport.
Disadvantages of 'Greece Cluster' in International City Phase 1:
1. Overcrowding: The high density of buildings and large resident population can sometimes result in overcrowded public areas and traffic congestion.
2. Quality of Construction: Some buyers have raised concerns about the quality of construction and maintenance in some buildings, which may require additional expenditure for upgrades and repairs.
3. Noise Levels: Due to its bustling nature, noise levels can be higher, particularly in areas near major roads and commercial centers.
4. Parking Issues: Limited parking spaces can pose challenges for residents who own multiple vehicles or expect frequent visitors.
5. Limited Prestige: Unlike other high-end areas in Dubai, International City is considered a budget-friendly location, which may not appeal to buyers looking for a prestigious address.
6. Infrastructure Concerns: In some parts, there might be issues with older infrastructure and utilities, occasionally leading to inconveniences like intermittent water supply or electrical issues.
7. Security: While generally safe, the higher population density and diversity may lead to occasional petty crimes, requiring residents to be more cautious.
What projects are better than 'Greece Cluster' project in Dubai which are located close by, and why?
- Persia Cluster: Offers superior architecture inspired by traditional Persian designs. Enjoys better landscaping with more green spaces compared to Greece Cluster.
- England Cluster: Features charming country-style homes and cobblestone streets. Known for well-maintained communal areas and closer proximity to retail outlets.
- Spain Cluster: Stands out with Spanish-themed buildings and vibrant aesthetics. Boasts more spacious apartments and better parking facilities.
- Morocco Cluster: Inspired by Moroccan style, it offers unique design elements and a distinct cultural vibe. Known for quieter surroundings and enhanced community amenities.
- China Cluster: Notable for its modern amenities and closer integration with public transport links. Offers more contemporary living spaces with higher-grade finishes.
What are the closest schools to 'Greece Cluster' project in Dubai?
- The City School International: Located in the nearby Al Warsan 1 area, offering the UK curriculum. - The Indian International School (IIS DSO): Situated in Dubai Silicon Oasis, approximately 15 minutes away by car, providing the Indian curriculum. - Repton School Dubai: Located in Nad Al Sheba, around 20 minutes' drive, with a British curriculum. - GEMS Modern Academy: Also in Nad Al Sheba, around 20 minutes away, following the Indian (ICSE) curriculum. - International School of Creative Science: Located in Nad Al Sheba 3, around 20 minutes from International City, offering the British and UAE MOE curricula.
What are the closest medical clinics to 'Greece Cluster' project in Dubai?
- Aster Clinic, International City: located at Shop No 1 & 6, Building Q-8, Persia Cluster, International City Phase 1. - Medicentres International City: located at Shop #5, Building Z01, England Cluster, International City. - Apple International Polyclinic: located at Shop #R16, Greece Cluster, International City Phase 1. - Life Medical Center (LMC): located at Morocco Cluster, M07 Building, International City. - iCARE Clinics: located within Dragon Mart 1, China Cluster, International City Phase 1.