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Phase 2, Dubai Investment Park

Phase 2, Dubai Investment Park

4.18/5
(Based on 9 building reviews)
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Overall Niche Grade

4.18 / 5

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Strengths

Strategic Location

Affordable Housing Options

Vibrant Community Facilities

Weakens

Limited Public Transport

Overcrowding during Peak Hours

Proximity to Industrial Areas

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Description

Real Estate Overview

Community Overview

  • Phase 2 of Dubai Investment Park (DIP) is a burgeoning community known for its blend of residential, commercial, and industrial developments.
  • The area features easy access to key transport routes, with major landmarks such as Expo 2020 site and Al Maktoum International Airport nearby.
  • DIP is strategically located, making it an excellent alternative to neighboring communities like Jebel Ali and Dubai Marina, offering a quieter yet luxurious lifestyle.

Properties Overview

  • The neighborhood consists of a variety of residential options, from well-designed villas to modern apartments.
  • Current property prices range for rentals from AED 40,000 to AED 120,000 annually, while sales prices for villas can start from around AED 1.5 million.
  • New projects and developments are regularly emerging, enhancing the vibrancy of the area.

Market Trends

  • Recent market reports indicate a steady increase in rental yields, with potential ROI ranging from 6% to 9% depending on property types.
  • The demand for properties in Phase 2 has grown significantly over the past year, attributed to its strategic location and amenities.
  • Looking ahead, expectations for 2024 include continued growth in property values and rental rates as the area develops.

Living and Investing in the Community

Amenities, Schools, and Healthcare

  • Phase 2 is well-equipped with essential amenities such as supermarkets, healthcare facilities, and educational institutions.
  • Nearby schools include reputable options such as Jebel Ali Primary School and British International School.
  • Multiple clinics and pharmacies ensure that healthcare services are readily available within the community.

Transportation and Accessibility

  • Residents benefit from proximity to major highways with ample road access, facilitating travel throughout Dubai.
  • Public transport options, including buses, offer connectivity to various parts of the city.
  • Most residential complexes feature gated parking, adding convenience for vehicle owners.

Lifestyle Amenities

  • Residents enjoy a variety of lifestyle amenities, including fitness centers, swimming pools, and gardens.
  • Culinary options abound with numerous restaurants and cafes scattered throughout the area, catering to diverse tastes.
  • Various recreational spaces and parks promote an active outdoor lifestyle.

Community Facilities

  • The buildings in Phase 2 often come equipped with modern amenities such as high-speed elevators, robust security systems, and central air conditioning.
  • Maintenance services are typically provided by developers to ensure a high standard of living.

Special Services

  • Some complexes offer concierge services, enhancing convenience for residents.
  • Business centers are available for professionals and entrepreneurs seeking a productive work environment within the community.

Planning Your Move or Investment

Floor Plans and Property Types

  • A range of floor plans is available, accommodating families, singles, and investors looking for diverse living spaces.
  • Options include two to five-bedroom villas and one to three-bedroom apartments with various configurations.

Things to Consider

  • Prospective renters and buyers should consider property size, type, available amenities, and community facilities.
  • Investigating proximity to schools, workplaces, and transportation is also crucial for convenience.

Useful FAQs and Support

Events and Community Life

Community Events

  • Phase 2 hosts a variety of community events throughout the year, fostering engagement and social connectivity among residents.
  • Festivals, farmers' markets, and seasonal celebrations contribute to an active social calendar.

Community Identity

  • What sets Phase 2 apart is its harmonious blend of residential tranquility and urban lifestyle, creating a unique living experience.
  • The area is characterized by a family-friendly atmosphere with a focus on community interaction and recreational activities.

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Detailed Community Insights

1. Family Friendliness

Phase 2 offers a safe and nurturing environment for families, with numerous parks, playgrounds, and schools that cater to various age groups.

Exceptionally Welcoming

2. Living Options

The community presents a range of living options from spacious villas to modern apartments, catering to diverse preferences and budgets.

Diverse and Accessible

3. Safety And Security

Residents benefit from a strong sense of security due to low crime rates, neighborhood watch programs, and 24/7 surveillance in many areas.

Remarkably Secure

4. Transportation

Well-connected through major highways and public transport options, commuting to Dubai's key areas is relatively straightforward from Phase 2.

Conveniently Connected

5. Amenities And Facilities

The area features abundant amenities including grocery stores, gyms, and medical facilities, providing residents with all essential services nearby.

Richly Equipped

6. Cost Of Living

While some costs, such as housing prices, may be higher, they are offset by the quality of living and the extensive amenities available.

Relatively Balanced

7. Things To Do

There are several recreational options, such as parks and shopping centers, but the variety of entertainment venues is somewhat limited.

Moderately Engaging

8. Noise Levels

With low traffic and plenty of green spaces, residents enjoy a tranquil environment, away from the hustle and bustle of the city.

Generally Peaceful

9. Pet Friendliness

Many properties allow pets and there are ample green spaces suitable for walking dogs, making it a pet-friendly community.

Warmly Accommodating

Price Insights

Price Trends
for in Dubai
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

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Local Information

Buy:

200K AED - 800K AED

Rent:

20K AED - 80K AED

To Shaksy Villas, Jumeirah Village Circle

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