Dubai International City Still Offering Affordable Ready Property
Posted Apr 18, 2009 @ 10:31 pm, Viewed by 572 Visitors, Read 596 Times.
With the current economic down turn and Dubai real estate residential property crash, there has been a quick and strong shift in emphasis to affordable housing. Dubai residents have found that they too are not immune to the world’s economic problems, and have been affected just like other people all over the globe. Dubai has seen job losses and residential freehold property prices plummet, whist numerous property development have at best been put on hold, and in most cases simply canceled due to a lack of interested buyers and an inability to obtain project funding. Whilst some lucky folks have not been affected, and are still able to purchase large and up market luxury property, the average person has to be slightly more prudent with their cash. With luxury property now longer within the grasp of many people, and renting never a good use of money in the long term, there is a renewed interest in affordable housing. Dubai is quite lucky in this regard, as affordable housing in Dubai doesn’t mean a low quality home or standard of living.
This increased demand for affordable hosing has seen the spotlight fall upon developments such as Dubai International City. The freehold property development offers a wide range of affordable housing, which investors and property buyers are now turning to in the harsh economic climate. International City can offer buyers value for money freehold property, but without the need to sacrifice on style and apartment designs. Dubai International City has numerous apartment styles on offer, with French, Chinese and Moroccan just a few of the many options available. International city can even offer residents something in the way of facilities. Another area also seeing increased popularity in recent months is Discovery Gardens, which again can offer a good range of value for money property. And whereas with International City, the location is a little far from the centre of Dubai, Dubai Discovery Gardens can offer buyer a home in a slightly more central and desirable location. And according to experts, purchasing a home at either of these properties can offer better value for money investment that renting out. Both certainly are worth a look for those seeking value for money Dubai property. If you are looking to sell Dubai property or advertise your own properties do contact us.
Our showcased International City Apartment This Month Is As Follows:
Direct From Owner No Commission
Welcome to a fascinating world of unique architectural styles, where the timeless heritage of a glorious past is captured in a vibrant, flourishing destination - International City.
Designed to mirror the charming allure of the United Arab Emirates, the new Emirates precinct is the latest residential offering in this lively multicultural neighbourhood that is home to over 60,000 people.
Though distinct in its appeal, the new Emirates precinct seamlessly integrates into the montage of architecturally different themes that includes Russia, Italy, Spain, England, France, Morocco, Persia, Greece and China.
International City is located along the Dubai-Hatta road between Interchange 5 and 6 of Emirates Road.
Apartments Number 111
Property Location/ building name Emirates cluster @ International city
Number of Bedrooms 1
Number of Bathrooms 1
Development Name International City
Completion Date December 2009
Estimated Square Feet 764
Original Purchase Price (AED) 679,600
Selling Price(AED) Including Transfer Fees 700,000 net to owner (not including transfer fee)
Additional Features
Pool
Garden Garden
View
Parking Parking
Gym
Doorman Doorman
Additional Information(Including % paid up to date)
Paid 40% by cash, the remaining is financed by Noor Islamic Bank
Contact Owner Mrs. Parveen Habib
Mobile Number: 050 551 2808
Alternative Mobile Number: 050 651 2813
Email Address: Parveen.habib@noorbank.com
We provide expert advice if you are looking to buy, rent or sell in the Dubai Property market, please contact us today. If you are in search of apartments, villas or offices we can assist you with all of your Dubai Real Estate needs. You can also use the "Contact Me" button on the top right of this page should you wish. Call Dubai +971 4 4394302 or U.K. Toll Free 0808 1202366 today.
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Dubai is just amazing. Current economy are facing down trend but Dubai seem like still vibrant.