Popular buildings to buy flats in Dubai Production City
Dubai Production City (IMPZ), known as a growing ecosystem for media production, is also an ideal location to live in Dubai. Located off Sheikh Mohammed Bin Zayed Road (E311), it has several apartment complexes that are popular for budget-friendly housing. So, if you are a property investor looking to expand your portfolio or someone searching for a new home, this community is a great option. To make your search easier, we bring you a list of the most popular buildings to buy apartments in IMPZ.
MOST POPULAR BUILDINGS TO BUY APARTMENTS IN IMPZ
Based on the data collected over the past six months, Midtown is the most sought-after building to buy apartments in Dubai Production City. It is followed closely by Centrium Towers, Lakeside, Lago Vista and The Crescent Towers.
MIDTOWN
Midtown is a project launched by Deyaar Developers in Dubai Production City. It offers both furnished and unfurnished studios, 1, 2 and 3-bed apartments.
The average sales price for studios in Midtown is AED 434k, while buying a 1-bed apartment for sale in Midtown can cost you AED 771k on average. The prices of 2-bed flats in Midtown average at AED 1.21M. Those in search of more spacious 3-bed flats can expect to pay an average of AED 1.79M. The expected return on investment rounds up at 7.69% for properties in Midtown.
- STUDIO
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- 1 BATH
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- 495 SQFT
- 2 BEDS
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- 3 BATHS
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- 1081 SQFT
- STUDIO
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- 1 BATH
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- 431 SQFT
- 1 BED
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- 2 BATHS
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- 595 SQFT
- 1 BED
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- 2 BATHS
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- 810 SQFT
- 3 BEDS
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- 4 BATHS
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- 1358 SQFT
- 2 BEDS
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- 3 BATHS
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- 1199 SQFT
CENTRIUM TOWERS
Next on our list of the most popular buildings to buy flats in IMPZ is Centrium Towers. This high-rise apartment complex in Dubai Production City is a collection of four buildings with a host of amenities. There are well-maintained gyms, parking spaces, spacious balconies, a kid’s play area and a barbecue space.
Listings for the apartments for sale in Centrium Towers are currently limited. However, you can buy 3-bed flats in Centrium Towers for AED 1.2M on average.
Along with the affordable prices, residents of Centrium Towers enjoy easy access to Sheikh Mohammed Bin Zayed Road (E311). The average ROI for flats in Centrium Towers is 7.90%.
LAKESIDE
Lakeside, one of the top buildings to buy apartments in IMPZ, comprises four 22-storey residential towers that offer studios and 1-bed flats. This makes it a great choice for single professionals and couples. Amenities that come with buying apartments in Lakeside include swimming pools, gym and barbecue areas, among other things. Many cafes, salons and supermarkets are also in the vicinity.
The average price of studio flats in the complex is AED 356k, while the 1-bed apartments have an average asking price of AED 657k. Investors can expect an average return of 8.42% on properties in Lakeside.
LAGO VISTA
Lago Vista is another apartment complex in Dubai Production City that could be a worthy investment. The complex features three high-rise residential towers linked together through a crescent-shaped portico. Lago Vista B has 24 floors, whereas Lago Vista A and C feature 21 residential floors with 300 freehold residences.
The apartment complex comes with a health club, restaurant, cafe, pharmacy, play area, barbecue space, games rooms and landscaped lawns, promising a convenient and comfortable lifestyle for residents. Several notable landmarks like City Centre Me’aisem and Dubai International Stadium are located nearby.
Looking to buy flats in IMPZ? The average price of a studio apartment for sale in Lago Vista is AED 367k, while you can buy a 1-bed flat for an average of AED 637k. If you require a more spacious home, a 2-bed apartment will set you back by AED 993k. For the 3-BHK variety, the price goes up to AED 1.5M. The rental yield for these properties average at 8.20%.
- STUDIO
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- 1 BATH
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- 496 SQFT
- 2 BEDS
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- 3 BATHS
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- 1254 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
- 2 BEDS
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- 3 BATHS
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- 1254 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
- 2 BEDS
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- 3 BATHS
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- 1376 SQFT
THE CRESCENT TOWERS
Crescent Towers is the second-most popular apartment complex to buy flats in Dubai Production City. The community consists of three buildings that comprise 15 to 21 storeys. These residential towers offer studios, 1 and 2-bed residences.
The Crescent Towers have dedicated parking spaces, multiple high-speed elevators, a pool, a gym and spa facilities. The building also lies close to City Centre Me’aisem and Dubai Sports City.
When it comes to the prices, the average cost of a studio apartment for sale in the Crescent Towers is AED 373k, while 1-bed flats cost around AED 726k. For more space, you can buy a 2-bedroom apartment for AED 1M. These properties generate average rental yields of 7.86%.
- 2 BEDS
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- 3 BATHS
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- 1255 SQFT
- 2 BEDS
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- 3 BATHS
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- 1254 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
- 2 BEDS
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- 3 BATHS
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- 1254 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
- STUDIO
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- 1 BATH
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- 495 SQFT
FAQS
WHERE ELSE CAN YOU BUY FLATS IN IMPZ?
Apart from the mentioned buildings and complexes, you can consider Oakwood Residency and Qasr Sabah to buy apartments in Dubai Production City (IMPZ).
WHICH AREAS ARE CLOSE TO DUBAI PRODUCTION CITY?
Dubai Sports City, Jumeirah Golf Estates, Jumeirah Village Triangle (JVT) and Jumeirah Village Circle (JVC) are located near IMPZ. Popular leisure destinations like Dubai Marina and Palm Jumeirah are also just about 20 minutes away.
That brings an end to our guide on the top buildings to buy apartments in IMPZ.
Before you sign a title deed, make sure you are aware of the pros and cons of living in Dubai Production City.
There are many options when it comes to apartments for sale in Dubai available in various price ranges.
If you lead an active lifestyle and want easy access to sports facilities, consider living in the neighbouring community of Dubai Sports City.
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