International City Emarati in International City Phase 1 - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in International City Emarati

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	44	6,360	282,953
1	69	5,939	408,621

Rents in International City Emarati

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	47	649	30,210
1	68	579	39,500
2	134	513	68,750
3	154	627	96,500

The cap rate (rental yield) of investments into International City Emarati project is 9.9% on average.

The price of an apartment in International City Emarati is 6,021 AED/sqm on average.

Price for completed Studio apartment in International City Emarati is 282,953 AED or 6,360 AED/sqm.
Price for completed 1 bedroom apartment in International City Emarati is 408,621 AED or 5,939 AED/sqm.

Rent in International City Emarati is 5,939 AED/sqm/year on average for long term rent of an apartment.

Rent for Studio apartment in International City Emarati is 30,210 AED or 649 AED/sqm.
Rent for 1 bedroom apartment in International City Emarati is 39,500 AED or 579 AED/sqm.
Rent for 2 bedroom apartment in International City Emarati is 68,750 AED or 513 AED/sqm.
Rent for 3 bedroom apartment in International City Emarati is 96,500 AED or 627 AED/sqm.

About International City Emarati

'International City Emarati' in 'International City Phase 1' area project description

International City Emarati is a residential and commercial development project located in Dubai, United Arab Emirates. The project is a joint venture between the Dubai government and the private sector, and is designed to create a vibrant and diverse community for people from all over the world.

The project is located in the Al Warsan area of Dubai, and is spread over an area of 8 million square feet. It consists of five distinct districts, each with its own unique character and atmosphere. The districts are: The Central Business District, The Old Town, The Cultural District, The Residential District, and The Marina District.

The Central Business District is the heart of the project, and is home to a variety of businesses, including banks, retail outlets, and offices. The Old Town is a traditional Emirati neighborhood, with narrow streets, traditional architecture, and a vibrant atmosphere. The Cultural District is a vibrant area with a variety of cultural attractions, such as museums, galleries, and theaters. The Residential District is a residential area with a variety of housing options, from apartments to villas. Finally, the Marina District is a waterfront area with a variety of restaurants, cafes, and shops.

The project also includes a variety of amenities, such as parks, playgrounds, and a variety of recreational activities. There is also a wide range of educational facilities, including schools, universities, and vocational training centers.

International City Emarati is designed to create a vibrant and diverse community, and to provide a safe and secure environment for its residents. The project is a great example of how the private sector and the government can work together to create a successful and sustainable development project.

Q&A on International City Emarati

What are the advantages of 'International City Emarati' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: International City Emarati is located in the heart of Dubai, providing easy access to the city’s major attractions, such as the Dubai Mall, Burj Khalifa, and Dubai Marina.

2. Affordable Prices: International City Emarati offers competitively priced real estate, making it an attractive option for buyers looking for an affordable property in Dubai.

3. Quality Construction: International City Emarati is built to the highest standards, ensuring that buyers get a quality property that will stand the test of time.

4. Amenities: International City Emarati offers a range of amenities, such as swimming pools, gyms, and restaurants, making it an ideal place to live.

5. Investment Potential: International City Emarati is a great option for investors looking to capitalize on the booming real estate market in Dubai.

What projects are better than 'International City Emarati' project in Dubai which are located close by, and why?

1. The Lagoons:
- Closer proximity to the Dubai Creek, offering waterfront views and upscale amenities.
- Planned community with mixed-use development, providing a blend of residential, commercial, cultural, and leisure spaces.

2. Meydan City:
- World-class infrastructure centered around the Meydan Racecourse.
- Features luxury residential properties, hotels, and sports facilities, aimed at creating a high-end lifestyle.

3. Dubai Silicon Oasis:
- Integrated technology park with a focus on innovation and business.
- Comprehensive facilities including schools, shopping centers, and medical facilities, making it ideal for families and tech professionals alike.

4. Dubai Festival City:
- Mixed-use development with residential communities, shopping malls, and entertainment venues.
- Proximity to Dubai International Airport and excellent connectivity via major highways.

5. Jumeirah Village Circle (JVC):
- Offers a sense of community with parks, schools, and shopping areas.
- Modern architectural designs and a mix of apartments, villas, and townhouses cater to diverse preferences.

6. Dubai Healthcare City:
- Renowned for its medical facilities and healthcare services.
- Attracts medical professionals and offers residential options aimed at healthcare professionals and their families.

7. Midtown by Deyaar:
- Features modern apartments and is part of an integrated community with retail outlets, sports facilities, and green spaces.
- Located along Sheikh Mohammed Bin Zayed Road, providing easy access to major parts of Dubai.

8. Al Warsan Village:
- Residential community known for its affordability combined with a range of amenities like shops, parks, and schools.
- Lower cost of living while still providing quality residential options compared to more upscale projects.