Sales trends in DIP: Top areas to buy villas and apartments
Spread across an area of 5,683 acres, Dubai Investments Park, also known as DIP, is a freehold development close to the Jebel Ali District of Dubai. Designed to meet the standards of an environment-friendly area, the community is beautifully designed with plenty of waterways and manicured gardens. DIP consists of residential as well as commercial properties and offers access to a range of amenities. It has a healthy selection of housing options for prospective buyers including villas and apartments with attractive price points.
Top Communities to Buy Apartments in Dubai Investment Park
Dubai Investments Park has an industrial complex, commercial complex and a total of seven residential sub-communities. The apartments for sale in DIP are popular with those looking to buy their future home or investors keen on high rental yields as the properties here offer an average ROI of 7-8%.
Here are some of the most sought-after apartment communities in DIP where prospective buyers can find a good selection of studios, 1 and 2-bedroom apartments.
Ritaj (Residential Complex)
Ritaj Residential Complex in DIP consists of low-rise buildings that house more than 2000 apartments. With a variety of bed-types including studios, 1-bed, 2-bed and 3-bed flats, Ritaj is a popular residential community that offers modern apartments for sale in DIP at a reasonable price.
The average asking price for studios in Ritaj Complex is AED 302k while the cost for larger 1 and 2-bed units averages at AED 576k and AED 704k respectively. The apartments for sale in Ritaj Complex come with access to swimming pools, secure parking spaces, shopping outlets, restaurants, landscaped gardens and many other amenities.
Centurion Residences
Buyers who are interested in investing in a property in DIP can also consider the apartments in Centurion Residences. There are studios, 1-bed, 2-bed and 3-bed units available for sale in this apartment cluster. These elegantly designed flats are inspired by Mediterranean architectural styles and come with a number of amenities including a playground for kids, a gym, a pool and a landscaped park. The average sale prices for 1 and 2-bed units in Centurion Residences is AED 659k and AED 926k, respectively.
Dunes Village
The gated community of Dunes Village is home to 19 five-storey buildings that boast a range of spacious and bright flats with balconies. There is a good selection of 1-bed units in Dunes Village available for an average price of AED 510k. Potential buyers who plan to live in the apartments in Dunes Village are attracted to the high-end living standard which includes access to a gym, swimming pool, Jacuzzi, manicured gardens and much more.
Dubai Lagoon
Developed by Schon Properties, Dubai Lagoon is a vast project that comprises of 50 buildings. As the name suggests, the flats for sale in Dubai Lagoon overlook two man-made lagoons that are located at the centre of the mid-rise building community. Dubai Lagoon has a healthy inventory of 1-bed units for an average price of AED 565k.
Top Communities to buy villas in Dubai Investments Park
Those looking for a villa for sale in Dubai Investments Park will find a great portfolio of family-friendly properties in Green Community.
Green Community
One of the most prominent areas to invest in villas for sale in DIP is the Green Community. As the name suggests, this villa community in DIP is dotted with green spaces and parks. While the area has both villas and apartments, the spacious houses here are particularly popular with prospective buyers. The villas for sale in Green Community are perfect for family living and are quite competitively priced.
The average asking price for a 3-bed villa in the Green Community is AED 2.4M. The prices for 4-bed villas for sale in Green Community are slightly higher and average at AED 2.7M. The price range for 5-bed villas in the Green Community begins at AED 3.2M and goes up to AED 3.7M on average.
Developed by Properties Investment LLC, the Green Community is split into Green Community West and Green Community East.
Green Community West
Green Community West is located at a central location between Sheikh Mohammed Bin Zayed Road and Jebel Ali-Al Habibi Road. This well-connected locality has villas, apartments and townhouses. Villas in Green Community West offer good value for money with large 4 and 5-bedroom units averaging at AED 2.7M to AED 3.2M respectively.
Green Community East
Green Community East has a good selection of luxury villas and more reasonably priced units. The prices for villas in Green Community East vary depending on the amenities offered. The average asking price for 3-bedroom villas in the Green Community East is AED 2.4M while the price for 5-bedroom villas is AED 3.7M.
These are some of the most popular properties in Dubai Investments Park. DIP is an ideal location for residential as well as a commercial investment because of its strategic location near Jebel Ali and the Al Maktoum International airport. There are a number of companies in the DIP industrial zone.
However, those interested in moving into the Dubai Investment Park should take a close look at the pros and cons of living in DIP before finalising the decision. This will also help potential renters to choose the best area to rent apartments and villas in DIP. Buyers interested in similar communities close to the Expo site can also look at the pros and cons of living in Town Square.
