Midtown - Dania in Dubai Production City - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for off-plan (pre registration and delayed sell) properties in Midtown - Dania
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
40
14,374
577,684
1
67
11,914
795,000
Sales prices for completed properties in Midtown - Dania
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
40
14,230
570,000
2
77
12,603
975,000
Rents in Midtown - Dania
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
Studio
40
1,215
49,000
1
62
1,083
67,600
2
96
869
83,450
The cap rate (rental yield) of investments into Midtown - Dania project is 7.9% on average.
The price of an apartment in Midtown - Dania is 13,286 AED/sqm on average.
The long term rent of an apartment in Midtown - Dania is 1,043 AED/sqm/year on average.
Price for off-plan Studio apartment in Midtown - Dania is 577,684 AED or 14,374 AED/sqm. Price for off-plan 1 bedroom apartment in Midtown - Dania is 795,000 AED or 11,914 AED/sqm.
Price for completed Studio apartment in Midtown - Dania is 570,000 AED or 14,230 AED/sqm. Price for completed 2 bedroom apartment in Midtown - Dania is 975,000 AED or 12,603 AED/sqm.
Rent for Studio apartment in Midtown - Dania is 49,000 AED or 1,215 AED/sqm. Rent for 1 bedroom apartment in Midtown - Dania is 67,600 AED or 1,083 AED/sqm. Rent for 2 bedroom apartment in Midtown - Dania is 83,450 AED or 869 AED/sqm.
About Midtown - Dania
'Midtown - Dania' in 'Dubai Production City' area project description
Midtown - Dania is a new residential development located in the heart of Dubai, UAE. The project is part of the larger Midtown master-planned community, which is being developed by Dubai-based real estate developer Emaar Properties. The project consists of two towers, one of which is a residential tower and the other is a commercial tower. The residential tower is a 24-storey building with a total of 488 apartments, ranging from studio, one, two and three bedroom units. The commercial tower is a 16-storey building with a total of 78 offices.
Midtown - Dania offers a range of amenities and facilities to its residents and tenants. The residential tower features a fully-equipped gym, swimming pool, sauna, steam room, children's play area, and a rooftop terrace. The commercial tower has a business center, meeting rooms, and a cafeteria. In addition, the project also offers 24-hour security, underground parking, and a concierge service.
The project is located in the heart of Dubai, close to the city's major attractions, such as the Dubai Mall, Burj Khalifa, and the Dubai International Financial Centre. It is also conveniently located close to the Dubai Metro and other public transportation options.
Midtown - Dania is designed to meet the highest standards of quality and sustainability. The project features energy-efficient systems and materials, and is designed to reduce its environmental impact. The project also features a range of green initiatives, such as the use of solar energy, water conservation, and waste management.
Midtown - Dania is an ideal investment opportunity for those looking to purchase a property in Dubai. The project offers a range of amenities and facilities, as well as a convenient location close to the city's major attractions. With its modern design and green initiatives, Midtown - Dania is sure to be a popular choice for those looking to invest in Dubai's real estate market.
Q&A on Midtown - Dania
What are the advantages of 'Midtown - Dania' project in Dubai for property buyers? What are the disadvantages?
1. Prime Location: Midtown - Dania is located in the heart of Dubai, close to the city’s main attractions, such as the Dubai Mall, Burj Khalifa, and the Dubai International Financial Centre.
2. Affordable Prices: Midtown - Dania offers competitively priced apartments and townhouses, making it an attractive option for budget-conscious buyers.
3. High Rental Yields: The project offers attractive rental yields, making it a great investment opportunity for real estate buyers.
4. Quality Amenities: Midtown - Dania offers a range of quality amenities, such as a swimming pool, gym, and children’s play area, making it a great place to live.
5. Easy Accessibility: The project is easily accessible via public transport and major roads, making it convenient for residents.
What projects are better than 'Midtown - Dania' project in Dubai which are located close by, and why?
- IMPZ Residences by Acacia Properties: These residences boast a premium finish and superior amenities with better integration of retail and leisure options. They are also reputed for more spacious apartments compared to Midtown – Dania.
- Lakeside by Damac: Known for a strong track record, Damac properties tend to offer better quality finishes and amenities. Lakeside's proximity to the lake provides a more scenic and relaxing environment.
- The Crescent Towers by Damac: These towers provide panoramic views of the surrounding area and offer high-end facilities, including a swimming pool, gym, and spacious living areas. They are often praised for their architectural design and overall build quality.
- Centurion Residences: These cater more towards families with larger apartments and multiple bedroom options. The community is often quieter and more family-oriented, making it suitable for long-term residency.
- Al Shaiba Towers: These towers offer higher-end amenities and better maintenance services. The proximity to major road networks also makes commuting easier.
- The Royal Residences: These offer a luxurious living experience with high-end finishes and premium amenities. The inclusion of concierge services and high security adds value to the living experience.
Factors like builder reputation, plot utilization, amenities, proximity to key landmarks, and community planning often make these projects preferable.