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Quick answer: Explore key insights on off-plan properties in Dubai Sports City, including pricing, benefits, and investment options for potential buyers.
Dubai Sports City is turning into a prime destination for buyers looking at new developments, boasting a vibrant community atmosphere and top-notch amenities. With properties often starting from AED 1 million, it’s an attractive entry point for both local and international investors.
Pro tip: Be aware of upcoming sporting facilities that can increase property value.
Price per square foot in Dubai Sports City ranges from AED 1,200 to AED 1,900. Knowing the price variations is crucial as it helps you negotiate better deals.
Investing in off-plan real estate here can yield a return of 7% to 10% over the long term. Properties are highly sought after due to proximity to sports facilities and malls.
Quick math: If you buy a property at AED 1.5 million, expect a rental income of about AED 105,000 annually based on a 7% yield.
When buying off-plan, anticipate a down payment of approximately 20%. Additional costs may include a DLD fee of around 4% and Oqood registration costs. It's essential to clarify payment timelines with the developer.
Watch out: Ensure your developer has a solid reputation to avoid delays during the handover process.
Most new developments in Dubai Sports City have a typical delivery timeline of 24 to 36 months. Keep this in mind when planning your investment strategy, as it contributes to cash flow management.
Living in Dubai Sports City means access to schools, parks, and retail! Amenities such as the Dubai International Stadium and various sporting complexes significantly increase property desirability.
For an AED 1.5 million property with a down payment of 20% (AED 300,000), and a mortgage interest rate of 4.25% over 25 years, your estimated monthly payment would be:
If you own a property worth AED 1.5 million, and rent it out for AED 105,000 per year, your rental yield will be:
Prices typically range from AED 1 million to AED 2 million.
Expect a minimum down payment of 20%, with flexible payment plans available from developers.
Most new developments hand over within 24 to 36 months.
The area offers schools, parks, and proximity to sports complexes, enhancing desirability.
Reach out to local real estate agents or visit property platforms for tailored options.
While potentially lucrative, off-plan investments carry risks such as construction delays and developers’ financial health.
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