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MAG Property DevelopmentIf you're looking to invest in or find property in Dubai, the Global-Property.Investments website is a valuable resource. It offers a vast database of over 91 listings from trusted developers and well-known real estate agencies. The website facilitates a quick and simple process for selecting and purchasing an apartment in Meydan, UAE. By employing user-friendly filters, potential buyers can efficiently find options that suit their preferences. Each listing provides important details such as price, layout, and a detailed description, allowing for thorough investigation. For further inquiries or to initiate a purchase, the website enables direct communication with the seller or their representative through a provided phone number or feedback form.
- Minimum cost of a flat AED 284411 ($ 284411);
- The most expensive flat AED 19,565,000 ($5,327,432).
Apartment prices on the website Global-Property.Investments in Dubai:
| Bedrooms | Minimum price | Maximum price |
|---|---|---|
| Studio | $149,762 | $576,712 |
| 1-bedroom | $178,353 | $1,136,827 |
| 2-bedroom | $285,909 | $1,441,797 |
| 3-bedroom | $429,135 | $1,943,090 |
| 4-bedroom | $948,000 | $5,327,432 |
- Minimum living space 29 m²
- Maximum living space 449 m²
Securing a residence permit in the UAE through property investment requires purchasing a house or apartment in Dubai valued at a minimum of $205,000 in designated zones where foreign ownership is permitted. Such an investment not only paves the way for various visa options but also enables the investor to sponsor family members to reside with them, contingent upon the continuous ownership of the property. Given the potential for regulatory changes, consulting with local real estate experts for guidance is advisable.
Apartments for sale in Meydan
Apartments in flats in Meydan cater to foreigners offering luxurious housing within secure gated communities, ideal for those seeking high-end living spaces. Renowned for its vibrant sporting and leisure equestrian scene, the area is the proud location of the esteemed Meydan Racecourse, the venue for numerous high-profile horse racing events, including the celebrated Dubai World Cup. The Meydan Racecourse complex extends beyond the track, featuring a hotel, museum, conference center, and a golf club, making it a favored spot for both equestrian fans and tourists. The residential areas are enhanced by a variety of shops, pedestrian areas, waterways, embankments, and lush pathways, elevating resident comfort and facilitating a blend of work and leisure activities.
The neigbourhood is evolving into a mixed-use district boasting high-end properties, bolstered by its strategic position near major routes such as Ras Al Khor and E 66, along with close proximity to Dubai's key attractions, enhancing the appeal of buying apartments in Meydan for investment.
As the community is still under development, the residents have access to several prestigious educational and healthcare institutions nearby:
- Kido, Meydan District One Nursery, is one of the notable ones, offering a comprehensive early childhood education program. Another nursery in the area is the Odyssey Nursery Meydan, which is known for its Reggio Emilia approach to early childhood education.
- For primary and secondary education, the area hosts several schools. One of the notable establishments is the Lycée Libanais Francophone Privé Meydan, a French curriculum school that opened a new campus in the community in 2021. Raffles International School in a 25-minute drive offers a British curriculum and caters to students from early years through to secondary education.
- For higher education, residents of the neighbourhood can access universities within Dubai’s Academic City in a 20-minute drive.
- Emirates Hospital in a 20-minute drive offers comprehensive healthcare services, including specialist clinics and diagnostic services.
Studios and 1- to 4-bedroom flats in Meydan embody contemporary design and light-hued, quality finishes. Residents can enjoy amenities such as integrated kitchen appliances, expansive wardrobes or dressing areas, en-suite bathrooms, rooms for maids and drivers, plus utility spaces like pantries and laundry rooms. Additional luxuries include terraces, balconies, and covered parking.
Flats for sale in Meydan provide an opulent lifestyle, featuring community amenities such as swimming pools, yoga centers, parks, clubs, theaters, and sports complexes, alongside all the essential needs for a serene and hassle-free existence. It stands as an ideal haven for those enchanted by lively and dynamic environments.
Reasons for investing in an apartment in Meydan
Investing in an apartment for sale in Meydan is a strategic move due to several factors. Expats have the chance to purchase property at the excavation stage and sell upon completion for profits up to 30%. Apartment prices in Meydan rose by 11.4% for under-construction objects and 34.2% for completed ones compared to 2023.
Several development projects are underway, offering the opportunity to buy an apartment in Meydan. One of the notable off-plan projects is Azizi Riviera, a spectacular residential oasis. The starting price for these units is AED 490,000 for a studio. The project is set to be completed by Q3 2024. The under-development apartments and villas in Dubai provide modern renovations, panoramic sea views, and investment opportunities for every taste. The potential for capital appreciation and the opportunity to customize the property to the buyer's preferences are some of the advantages of investing in off-plan properties in Meydan.
Rental rates prove the region to be a lucrative option for investors. The cost of apartments in Meydan for renting out reaches AED 195,000 per year for a 2-bedroom apartment. A 5-bedroom unit can bring at about AED 300,000 per annum. The area promises attractive returns on investment, with 1-bedroom and 2-bedroom flats yielding 5.7% and 3-bedroom homes at 5.1% annually.
Dubai's dynamic infrastructure development and growing tourism and business appeal further bolster the value growth potential, making buying an apartment in Meydan a smart strategy for foreign investors looking to grow their capital.
Buying apartments in Meydan
The website frequently refreshes the listings of real estate in Dubai to ensure up-to-date availability. We offer efficient search functionalities for user convenience, allowing for easy sorting of properties by price, size, amenities, and location through intuitive filters. A built-in currency converter aids in swiftly comparing the current prices against those in different regions. Explore the opportunity to buy a flat in Meydan from trusted developers and agencies today.