Urbana 3 in Emaar South - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Urbana 3
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
2
131
12,598
1,646,625
Rents in Urbana 3
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
2
116
672
78,143
3
260
482
125,000
The cap rate (rental yield) of investments into Urbana 3 project is 4.8% on average.
The price of an apartment in Urbana 3 is 12,598 AED/sqm on average.
The long term rent of an apartment in Urbana 3 is 598 AED/sqm/year on average.
Price for completed 2 bedroom apartment in Urbana 3 is 1,646,625 AED or 12,598 AED/sqm.
Rent for 2 bedroom apartment in Urbana 3 is 78,143 AED or 672 AED/sqm. Rent for 3 bedroom apartment in Urbana 3 is 125,000 AED or 482 AED/sqm.
About Urbana 3
'Urbana 3' in 'Emaar South' area project description
The Urbana III project is a residential development located in Dubai, United Arab Emirates. It is part of the larger Urbana development, which is a mixed-use project that includes residential, commercial, and retail spaces. Urbana III is located in the Dubai Investment Park, which is a free zone and business park.
The project consists of two towers, each with a total of 16 floors. The towers are connected by a podium, which houses a variety of amenities and services. The towers are designed to provide residents with a modern, luxurious lifestyle. The apartments feature spacious balconies, floor-to-ceiling windows, and high-end finishes. The project also includes a range of amenities, such as a gym, swimming pool, and children's play area.
The project is designed to be energy-efficient and environmentally friendly. It features a range of sustainable features, such as solar panels, water-efficient fixtures, and energy-efficient lighting. The project is also designed to be pedestrian-friendly, with wide sidewalks and plenty of green space.
The Urbana III project is located in a prime location, close to a variety of amenities and attractions. It is within walking distance of several shopping malls, restaurants, and entertainment venues. It is also close to the Dubai International Airport and the Dubai Metro.
The Urbana III project is a great option for those looking for a luxurious lifestyle in a convenient location. It offers a range of amenities and features that make it an attractive option for those looking for a modern, comfortable lifestyle.
Q&A on Urbana 3
What are the advantages of 'Urbana 3' project in Dubai for property buyers? What are the disadvantages?
1. Prime Location: Urbana III is located in the heart of Dubai, close to major attractions such as the Dubai Mall, Burj Khalifa, and the Dubai International Financial Centre. This makes it a great choice for real estate buyers who want to be close to the action.
2. Luxury Amenities: Urbana III offers a range of luxury amenities such as a swimming pool, gym, and spa. This makes it a great choice for those looking for a luxurious lifestyle.
3. Affordable Prices: Urbana III offers competitive prices for its apartments, making it a great option for those looking for an affordable real estate investment.
4. High Rental Yields: Urbana III offers high rental yields for its apartments, making it a great option for those looking to generate a steady income from their real estate investments.
5. High Resale Value: Urbana III apartments are highly sought after, meaning that they are likely to retain their value over time, making them a great option for those looking to make a long-term real estate investment.
What projects are better than 'Urbana 3' project in Dubai which are located close by, and why?
- The Valley by Emaar: Offers a more extensive range of amenities including a town center, sports village, and extensive green spaces. It's designed for a more integrated community experience.
- Golf Links by Emaar: Boasts premium villas with direct access to an 18-hole championship golf course. The property combines luxury living with recreational facilities, making it highly desirable for golf enthusiasts.
- Saffron by Emaar: Features spacious townhouses with contemporary architecture and designs, coupled with state-of-the-art facilities like parks, community centers, and retail outlets. It offers a more premium lifestyle.
- Parkside by Emaar: Provides family-friendly townhouses with expansive green spaces and multiple community parks. It's ideal for families looking for more outdoor living opportunities.
- Expo Golf Villas: Comes with a close proximity to the Expo 2020 site, potentially increasing property value and rental returns. It features modern villas with direct access to parks and open spaces.
These projects not only offer superior amenities but are also strategically located to provide better long-term investment potential.