Top buildings to buy flats in Dubai Production City
Dubai Production City (IMPZ), a nurturing 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, 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, hereโs a list of top buildings to buy apartments in Dubai Production City.
MOST POPULAR BUILDINGS TO BUY APARTMENTS IN DUBAI PRODUCTION CITY
Based on data collected over the past six months, Midtown is the most sought-after building for buying apartments inย Dubai Production City, followed by Lakeside, Centrium Towers, The Crescent Towers and Lago Vista.
- Midtown
- Lakeside
- Centrium Towers
- The Crescent Towers
- Lago Vista
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Based on searches conducted by users on Bayut.com over the past 12 months
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MIDTOWN
Our first mention on the list of popular buildings to buy apartments in Dubai Production City is Midtown. Itโs a multi-tower residential development offering various living options within its four residential districts. With wide-ranging studio, one, two and three-bedroom units, apartments for sale in Midtown caters to diverse lifestyles.
If you are interested in investing here, look at what the sales trends say:
- Buying a studio here can cost approximately AED 575k.
- The average sales price for a 1-bed flat is around AED 866k.
- The prices of 2-bed flats in Midtown average at AED 1.43M.
- Those searching for more spacious 3-bed flats can expect to pay an average of AED 1.69M.
- The expected return on investment rounds up at 7.94% for properties in Midtown.
LAKESIDE
Lakeside, one of the top buildings to buy apartments in Dubai Production City, 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 you can enjoy after buying apartments in Lakeside include swimming pools, gym and barbecue areas, among other things. Several cafes, salons and supermarkets are also present in the vicinity.
This building is a great investment opportunity for those who seek small to mid-sized flats.
- The average price of studio flats in the complex is AED 503k.
- Investors can expect an average return of 8.11% on properties in Lakeside.
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CENTRIUM TOWERS
Next on our list of popular buildings to buy apartments in Dubai Production City is Centrium Towers. This high-rise apartment complex has four buildings and offers many amenities, including well-maintained gyms, parking spaces, spacious balconies, a kidsโ play area and a barbecue space.
Moreover, in addition to affordable prices, residents of Centrium Towers enjoy easy access to Sheikh Mohammed Bin Zayed Road (E311).
Listings for the apartments for sale in Centrium Towers are abundant, featuring studio, 1 and 3-bedroom flats.
- Buying a studio unit here is going to cost around AED 586k.
- Want to invest in a 1-bedroom flat for sale here? Be ready to shell out AED 813k.
- Large units, like 2-bedroom apartments, are available for sale for AED 1.20M.
- The average ROI for flats in Centrium Towers is 8.75%.
THE CRESCENT TOWERS
Crescent Towers is the fourth-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 units.ย
The Crescent Towers have dedicated parking spaces, multiple high-speed elevators, a pool, a gym and spa facilities. The building is also close to City Centre Meโaisem and Dubai Sports City.
If you want to know the average asking price of apartments for sale in the Crescent Towers, here are the sales trends:
- A studio flat is available for AED 498k, while 1-bed flats cost around AED 850k.
- These properties generate average rental yields of 7.37%.
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 podium. Lago Vista B has 24 floors, whereas Lago Vista A and C feature 21 residential floors with 300 freehold residences.
The apartment complex has a health club, restaurant, cafe, pharmacy, play area, barbecue space, games rooms and landscaped lawns, promising a convenient and comfortable lifestyle. Several landmarks, such as City Centre Meโaisem and Dubai International Stadium, are nearby.
Those looking for apartments for sale in IMPZ can take a look at sales trends at Lago Vista below:
- Looking studio for sale in IMPZ? Lago Vista has studios with an average asking price of AED 500k.
- On average, 1-bed residences for sale in the building can cost around AED 930k.
- The rental yield for these properties averages at 7.34%.
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FAQs ABOUT BUILDINGS TO BUY APARTMENTS IN DUBAI PRODUCTION CITY
WHAT IS THE PRICE FOR APARTMENTS FOR SALE IN IMPZ?
The average prices for IMPZ apartments for sale are as follows:
Buildings | Average Sales Price |
---|---|
Buildings Midtown | Average Sales Price AED 884,000 |
Buildings Lakeside | Average Sales Price AED 503,000 |
Buildings Centrium Towers | Average Sales Price AED 1,086,000 |
Buildings The Crescent Towers | Average Sales Price AED 517,000 |
Buildings Lago Vista | Average Sales Price AED 521,000 |
WHERE ELSE CAN YOU BUY APARTMENTS IN DUBAI PRODUCTION CITY?
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,ย 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 within 20 minutes.
This concludes our guide to popular buildings to buy flats in Dubai Production City. Before finalising your property purchase, itโs crucial to carefully consider the advantages and disadvantages of living in Dubai Production City.
Also, Bayutโs Dubai Sales Transactions pageย offers a detailed index of real estate transaction data from the Dubai Land Department, including property sales history, annual sales volume and area-specific transactional values. This resource enables you to make informed decisions by comparing advertised prices with actual transactional prices for properties of interest.
For more information on Dubaiโs properties, stay tuned to MyBayut!