Dubai Investments Park (DIP) is a 2300-hectare development in Dubai. The development is being constructed in three stages: an office and retail zone, an industrial complex, and seven eco-friendly residential neighborhoods. It falls into one of three categories: Green Community Village, Dubai Investments Park 1, and Dubai Investments Park 2. It is a city inside a city with first-rate amenities and first-rate infrastructure.
There is a large selection of villas, townhouses, and apartments in Dubai Investments Park (DIP) residential sub-communities. Apart from offering cozy lodging, DIP is among the numerous freehold neighborhoods in Dubai. Benefits like the 10-year visa law and its proximity to the Dubai Expo 2020 site make it appealing to both GCC and non-GCC investors in addition to local ones.
Overview
DIP developments have established a standard for mixed-use projects in Dubai. The residential area has been carefully planned to offer a luxurious and eco-friendly way of living. It also features lakes, swimming pools, large outdoor areas, and beautifully designed gardens. The development successfully blends commercial and residential elements because DIP is also home to renowned commercial properties.
DIP is a significant addition to the Dubai real estate market thanks to its advantageous position in JAFZA, easy access to the main road system, and designated industrial and commercial sectors. Many businesses have established themselves in Dubai Investments Park over the years, given the resources and infrastructure available. One of the biggest business, residential, and industrial complexes in the United Arab Emirates (UAE) is currently located within the development.
Residents in gated communities enjoy safety and solitude despite the bustling area and all the activities going on around them.
Schon Business Park, Bayan Business Centre, and numerous additional projects with a variety of offices and retail spaces can be found on the commercial side of Dubai Investments Park. DIP is one of the best places in Dubai to rent a warehouse. Phase 1 and Phase 2 offer a plethora of alternatives. AED 7.4k to AED 10k will get you a 60- to 90-square-foot unit, whereas AED 8.4M can get you a 300,000-square-foot warehouse in DIP.
Rental trends in Dubai Investments park
The business buildings in DIP, a mixed-use development, provide a variety of offices for rent, with prices ranging from AED 30k to AED 388k, depending on the size and amenities. Additionally, rental stores are available in DIP for an average of AED 156k a year.
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Dubai Investments Park offers a large selection of apartments in a range of sizes and features for residential use. There are studios, one-, two-, and three-bedroom apartments in the area, accommodating both single people and big families. In DIP, the average cost of a studio apartment is AED 25k, while the starting rent for a one-bedroom apartment is AED 29k.
Depending on the covered space and the building date, this could increase to AED 42k. A studio has a 600-square-foot covered area, whereas a normal one-bedroom flat can be between 957 and 1,200 square feet. Comparably, customers seeking larger flats in DIP can rent 2-bedroom condos for about AED 52k, while a 3-bedroom property in Dubai Investments Park typically costs AED 79k.
For a year, the airy villas with three and four bedrooms may be rented for an average of AED 145k and AED 155k, respectively. Still, there may not be many options available for independent units just yet. For individuals looking to rent apartments, Dubai Investments Park is a better option.
Dubai Investments Park sale trends
In Dubai Investments Park, there are studio, one, two, and three-bedroom apartment options for sale. Studios in Dubai Investment Park usually go for AED 299k. In contrast, AED 489k is the price of a one-bedroom flat for sale in Dubai Investment Park. Prospective investors may want to look into Ritaj, Centurion Residences, or Dunes Village. Families seeking large apartments can choose from three-bedroom units, which typically cost approximately AED 1.2 million. The sizes of these apartments range from 2,600 to 3,000 square feet. 2-bedroom apartments at Dubai Investments Park may be purchased for an average of AED 743k, which is more affordable.
The Green Community of DIP has a wide range of villas to choose from. The average cost of a 4-bedroom villa in Green Community is AED 4.5 million, whereas a family-sized 5-bedroom villa is roughly worth AED 3.5 million.
ROI in Dubai Investments park
At 8.5%, three-bedroom apartments provide the best return on investment. Interested parties can purchase large 2-bedroom apartments projected to yield an 8.3% return on investment or 3-bedroom apartments in DIP. The rental yields for studios and one-bedroom apartments are 7.1% and 7.4%, respectively. In a similar vein, investors may discover that purchasing a villa in DIP might yield financial rewards.
Dubai Investments Park hotels
The following are a few of Dubai Investments Park’s top hotels:
Premier Inn Dubai Investments Park furnishes its 303 rooms with contemporary conveniences. It provides several eating options, such as a bar, restaurant, and Costa Coffee Shop. Your stay will be excellent thanks to the helpful dry cleaning and laundry services, the free parking lot, and the medical facilities.
Next up is the luxurious 4-star Courtyard by Marriott, which has excellent amenities and a wonderful atmosphere. It offers cutting-edge amenities, a variety of food alternatives, and a space for conferences and business gatherings.
Guests may also choose to schedule a stay at the Fortune Park Hotel. Reza Kabul, a well-known American architect, created this opulent four-star boutique hotel in DIP. A variety of Executive Suites, Junior Suites, Double Rooms, and Twin Rooms are available for guests to select from. The hotel features a rooftop restaurant providing North Indian food, and a casual dining restaurant serving Pan Asian cuisine, and coffee.
Parking lots and transportation in Dubai Investments park
Dubai Investments Park’s residential complexes and villas have designated parking places for cars.Parking is available for a fee for visitors.
The F49 and F47 routes serve several bus stops in the Jebel Ali Industrial Area. It takes eight to twelve minutes by car to get to these bus stations.
Route 2020 includes the red line stop at Dubai Investments Park Metro Station. Residents can use this metro station to commute to different locations in Dubai.
DUBAI INVESTMENT PARK’S SUPERMARKETS
In Dubai Investments Park, there are several supermarkets spaced out along the streets at different intervals to provide everyday grocery needs. Other alternatives for the community residents are Park n Shop, Carrefour Hypermarket, Hilal Al Madina Supermarket, and Royal Parco Supermarket.
Temples, Mosques, and Churches in Dubai Investment Park
Christians who live in Jebel Ali Village can visit the United Christian Church of Dubai, St. Francis of Assisi Catholic Church, The Metropolitan Mark Chords, the International Nepalese Church, and Dubai Mar Thoma Church, among other churches. If one wants to attend a gurudwara, it is around fifteen minutes away. Jebel Ali is home to the Guru Nanak Darbar temple as well. It is among the world’s first gurudwaras to receive ISO certification. There’s a bus stop close by, so getting to the temple is easy for locals.
Additionally, Dubai Investments Park has several mosques that are open at different times. Among the mosques in the community are Al Salam Mosque, Al-Taqwa Mosque, Juma Masjid, and Jama Masjid Madani.
Universities and schools at Dubai Investments Park
There are several respectable schools in Dubai Investments Park, so parents do not have to worry about what kind of schooling to give their kids. Greenfield Community School is close to Dubai Lagoon and has a high ranking. It is well-liked by locals and adheres to the International Baccalaureate (IB) curriculum. Another alternative is the British Columbia Canadian School, which follows the Canadian curriculum. Dove Green Private School, Bright Riders School Dubai, and Nibras International School are a few more educational institutions. Additionally, there are a few choices for nursery schools, like Tiny Town Nursery and Kinderville Nursery.
Dubai Investments Park is home to the University of Balamand Dubai, a higher education institution with its headquarters in Lebanon. Another option for residents is to drive 20 to 25 minutes to Knowledge Park, which is home to educational institutions.
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Things to note
The best people to live in DIP are individuals who want to live in a vibrant, environmentally conscious, and self-sufficient community. Renting a property in this area is also an option for people who work in JAFZA and commute frequently. There are numerous residential and business properties available in the mixed-use development. The community’s modern architecture and well-planted gardens provide a convenient lifestyle for its members. While there are essential amenities like schools, supermarkets, restaurants, and hairdressers all around the residential units, there aren’t many places to hang out or enjoy entertainment in the community.