District One, Dubai
A prestigious family-oriented community in the heart of Dubai
District One is a family-friendly community with artificial ponds, parks, walking trails, and spacious homes. You may think it is a description of the suburbs, but no: the location is 5-10 minutes drive from Business Bay and the Burj Khalifa. District One Dubai real estate is one of the most popular in the UAE and around the globe.
Projects in District One, Dubai
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About district District One
- Description
- Infrastructure
- Price Analysis
District One – the name makes it clear it’s not an ordinary location. The community is adjacent to Business Bay in the heart of Dubai, but at the same time, it is quiet and calm, with lots of greenery and luxurious villas. If you dream of living in a home with a view of the Burj Khalifa, District One will suit you best. The strategic location guarantees that prices per square meter will only increase in this district. The place is in demand among wealthy tourists and families planning to move closer to the business area.
The neighborhood has several clusters that occupy two artificial islands with premium villas. The gated community features a school, sports grounds, cycling and jogging paths, a supermarket and a pharmacy, children’s playgrounds, mosques, and other essential facilities. There are exits to the E44 highway, which makes it easy to get to any attractions in Dubai. Business Bay is no more than a 5-minute drive away.
Luxury properties in District One offer an average rental yield of 6.2-6.5%.The area's advantages include its proximity to Dubai Mall and Burj Khalifa, as well as its abundance of green space with parks and man-made lakes.
Enjoy the exceptional benefits of District One
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Key Benefits of Owning Property in District One
Dubai is a noisy metropolis where it is good to relax but not always comfortable to live. Therefore, those who do not want to move away from the infrastructure but seek to lead a quiet family life strive to buy property in District One in MBR City. It is an elite location where prices never stop rising – regardless of the economic situation. Properties for rent at Crystal Lagoon in District One are in demand among wealthy tourists, while investors can expect a return of up to 15% per annum and no income tax.
Types of Housing in District One: Apartments and Villas
Mansions occupy most of the area. Villas with private pools are increasingly common in District One – their average cost is around $6 million. Private homes cheaper than $3-4 million are rare. Those buyers who have a limited budget should consider apartments in residential complexes. Thus, the cheapest one-bedroom apartments with an area of about 70 m² start at $318,000, and two-bedroom apartments – at $476,000. A 400 m² penthouse with four bedrooms and five bathrooms costs about $4 million.
Why Buy a Property in District One
The main reason is the prestige of the area. The main attractions are within a 5-10 minute drive – the Burj Khalifa, Dubai Mall, Business Bay, etc. The community features:
- mosques;
- bicycle paths and parks;
- public beach areas;
- playgrounds for children;
- a supermarket and a pharmacy.
How to Invest in District One Real Estate
Mira Estate will tell you the prices for District One Dubai real estate and help you buy an apartment or a private house with maximum benefit. The country is loyal to foreigners, but to make a successful transaction, you need to know the specifics of the local real estate market. Mira Estate specialists warn clients against mistakes and simplify the investment process. If you are not looking for just investment but want to buy a home for your family, we will help you move to the UAE. We will guide you on visas and tell you what documents you need. Contact our consultant for details.
What might interest you
- What Types of Properties Are Available in the Area?
The area is built up mainly with villas of different sizes. But there are also multi-apartment residential complexes with studios and spacious four-bedroom penthouses. Some properties are still under construction.
- What Are the Advantages of Investing in District One?
With an average cost of a villa of $6 million, renting it out will bring in about $626,000 annually – an ROI of more than 10%. Some properties in popular locations guarantee an income of 15%. In addition, District One is a prestigious neighborhood with property prices constantly growing. The UAE policy guarantees the maximum benefit since there are no taxes on income and property.
- What Are the Infrastructure Facilities of District One?
The community includes a school, playgrounds, cycling and jogging paths, beaches, parks, a supermarket, a pharmacy, and mosques. The crown jewel is the 7 km-long Crystal Lagoon. There is an exit to the E44 highway. Business Bay, the Burj Khalifa, Dubai Mall, King's College Hospital London - Dubai, more than 15 kindergartens, and other central facilities are all within a 5-10 minute drive away.