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As the number of foreign residents in Dubai expanded, so did the demand for real estate in the city. To deal with this, the apartment for sale in International City was founded to give individuals with a cost-effective alternative. International City has drawn a massive number of inhabitants and investors as a sign of inexpensive living in Dubai.
However, one factor to consider when relocating to an international city is the limited availability of public transit. However, multiple buses and taxis run close, making it simple to reach the metro station in the adjoining neighbourhood of Rashidiya.
Because the apartment for sale in International City is spread out over 800 hectares, you can expect a diverse selection of properties. More than 120,000 people live in International City’s over 22,000 units, with half of them being permanent residents. The architecture of these flats is based on the themes of ten well-known countries, each of which is known for its glitzy exterior and interior decorations.
Studio apartments with a small or big room and a single bathroom are available for purchase. Additionally, 1-bedroom apartments, 2-bedroom flats, and 3-bedroom flats with various bathrooms are available for purchase.
When you look at the apartment for sale in International City, you’ll see that their prices are quite fair when compared to Dubai’s general property values. This is precisely why it has grown in popularity in such a short period of time, with demand for apartments for sale in International City skyrocketing.
The average price of an apartment for sale in International City starts at AED 231,000 and can rise to above AED 1,300,000. The price of a studio apartment in International City ranges from AED 231,000 to AED 520,000 for a huge 900 sq. ft studio. The 1-bedroom apartments are priced between AED 499,000 and AED 650,000. The prices of two-bedroom apartments in International City range from AED 550,000 to AED 1,000,000.
You could say that life in International City is both peaceful and interesting. There was a period when the area was criticised for its lack of schools and poor housing condition. The infrastructure, on the other hand, has been upgraded, and schools such as the The City School International, International School of Arts and Science, Deira International School and Repton School of Dubai, are now within walking distance.
Museums, parks, retail stores, central air conditioning, a children’s play area, 24-hour security, health centres, sports grounds, spas, parking spaces, swimming pools, and other amenities are available to inhabitants of International City.
There are also reasonably priced retail facilities, such as Dragon Mart, which sells a variety of Chinese products at wholesale prices. Finally, while in Dubai, you will be able to witness the architecture of ten different countries. England, China, Persia, Morocco, France, Greece, Russia, Spain, Italy, and the United Arab Emirates are among them.
There are numerous motives to invest in International City. To begin with, it is inexpensive and in high demand. It provides a high return on investment, with returns as high as 10% in the first year in many circumstances. Because of the high demand, you can effortlessly rent out your apartment and earn a nice income.
Another motivation to invest in the city is the Dragon Mart. It is the world’s biggest marketplace for Chinese items outside of China. The key is that the market draws a large number of people, resulting in an increase in the value of your unit.
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman
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