A mixed-use 5.2 million square meter development, Dubai Festival City (DFC) is sometimes mistaken for Dubai Festival
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Dubai Festival City (DFC) is a diverse 5.2 million square metre development comprising residential, commercial, and entertainment spaces. One can find different property configurations, such as penthouses, apartments, villas, towers, and townhouses, for sale and rent in varied configurations and carpet sizes.
The average price range of properties in Dubai Festival City depends on several factors, including property type and size, market conditions, the locality’s price trends and neighbouring areas. To know the prices for the properties available in Dubai Festival City, log on to www.squareyards.ae
The city, driven by tourism, is expected to have a high rate of interested national and international investors. This is a family-friendly location built with traditional and urban concepts. Several locations and attractions make it a popular place to call home.
You can find fitness centres, pools, community centres, play areas for children, sports facilities, public and private commute facilities, and spaces for commercial, retail and residential purposes.
Dubai Festival City is a popular family destination, so residents keenly seek investment opportunities here. The demand for apartments in DFC is higher than other properties in DIFC. The market trends tend to change, leading to fluctuations in property prices.
Dubai Festival City is a free zone area and offers freehold properties in Dubai.
Dubai Festival City presents an excellent lifestyle with advantages that surpass any drawbacks. Its convenient proximity to popular Dubai destinations, along with its proximity to the Dubai International Airport, makes it particularly advantageous for investors.
Acquiring a property in DFC has several benefits. The area is strategically situated in a prime location, close to several landmarks, including the Dubai International Airport. The properties in DFC offer high ROI, as residents prefer it for its availability of amenities and facilities.
One can find various properties in numerous configurations in Dubai Festival City. On average, the carpet area size of properties ranges between 1,000 sq. ft. to 3,110 sq. ft.
Some well-known property agents and agencies in Dubai Festival City are listed on www.squareyards.ae, offering the best properties in the area in different price ranges.
A mixed-use 5.2 million square meter development, Dubai Festival City (DFC) is sometimes mistaken for Dubai Festival City Mall. It contains residential, commercial, and leisure facilities. It is known for being one of Dubai's most elite, family-friendly neighbourhoods. Numerous tourist attractions like the Dubai Festival City Mall, IMAGINE Dubai, and Festival Bay are located in the region developed around Dubai Creek.
The neighbourhood of Dubai Festival City provides a whole community lifestyle integrated with medical facilities, educational institutions, and entertainment centers. Townhouses, villas, and Apartments for sale in Dubai festival city make up most of the community's residential units, catering to singles, couples, and families.
Residents have easy access to daily requirements because one of the emirate's top retail centers is in the neighbourhood. The neighbourhood also has many prestigious schools and open areas.
Although they are located in the city, the villas that makeup Dubai Festival City offer a serene, tranquil ambience. An average 1-bedroom apartment for sale in Dubai Festival City costs AED 82k per year to rent. The average rent for a 3-bedroom apartment in Dubai Festival City is AED 159k, while 2-bedroom apartments can be rented for AED 123k.
Type of Apartment | Average Sale Price (AED) |
1-Bed | 1,655,000 |
2-Bed | 2,201,000 |
3-Bed | 2,959,000 |
4-Bed | 5,072,000 |
Over 50,000 people can live in the 20,000 residential units that make up Dubai Festival City. Al Badia Residences, Al Badia Hillside Village, and Marsa Plaza make up the three districts that makeup DFC's residential buildings. While Al Badia Hillside Village and Marsa Plaza only provide flats, Al Badia Residences offers a combination of apartments and villas.
Families and single people can choose from 1, 2, or 3-bedroom apartments at Al Badia Residences. The low-rise apartments are surrounded by beautiful gardens and offer excellent amenities, as well as stunning views of Dubai Creek and the emirate's impressive cityscape. Every apartment has a balcony or a private terrace. The towers share children's playgrounds, swimming pools, gyms, sports courts, and other amenities.
The cost of 1-bedroom apartments in Dubai Festival City might reach AED 1.3M for those wishing to invest in the area. Sale prices for 2-bedroom apartments range from AED 1.7M to AED 3M. While the average sales price for three-bedroom residences in Dubai Festival City is AED 2.9 million.
Dubai Festival City apartments have an average ROI of more than 4%. The 3-bed apartments have the highest ROI at 5.8%, while the 2-bed apartments are just behind them with a rental yield of 5.7%. The ROI for 1 BHK apartment in Dubai Festival City is 4.7%.
Among Dubai's most prominent locations are the residences at the Dubai Festival City.
Following are some of the main characteristics and benefits of living in an area like Dubai Festival City :
In Dubai Festival City, parking spots are included with most residential units. In addition to on-street parking, apartments also have underground parking. There are at least two designated parking spaces per villa.
Numerous bus and metro stations are located close to the neighbourhood. The distance to Al Jaddaf and Creek metro stations is 5 to 10 minutes. Both of these are a part of the Dubai Metro's Green Line. Emirates Metro Station is 8 minutes distant from the Red Line, and is the closest. From Emirates Metro Station to Dubai Festival City Mall, there are numerous bus routes as well.
The neighbourhood includes Dubai Festival City Mall, a waterfront entertainment and shopping complex. The shopping center, which has more than 500 retail establishments, is well-known for carrying well-known brands, including Toys R Us, Zara, Marks & Spencer, Nike, Forever 21, and others. The first IKEA store in Dubai and the biggest ACE Hardware location outside North America are both at DFC. Robinsons, a renowned department store with headquarters in Singapore, has only one flagship location in Dubai, which is in DFC.
The Osama Bin Zayed Masjid is the only mosque in Dubai Festival City. Numerous mosques are scattered across the neighbourhood for the use of the locals. The mosques at Umm Ramool and Al Rashidiya are both conveniently located. Al Rashidiya Al Kabeer, Habib, and Ibrahim Al Khalil Mosques can all be reached in 6 to 7 minutes.
The Shiva Temple and the Sikh Gurdabar are within a 15- to 20-minute drive in Bur Dubai, where residents of the Hindu and Sikh communities can find them. St. Mary's Church, Coptic Church, The Dubai City Church, and Saint Paul's Chapel are among the churches that can be located in the surrounding suburb of Oud Metha.
In Dubai Festival City, there are a number of stores to provide residents with everyday grocery needs. The Dubai Festival City Mall is home to Carrefour, one of the city's top hypermarkets. Additionally, it is six to seven minutes from Choithrams, Abu Hail, and Kadooli supermarkets.
There are a lot of schools from which parents can choose while looking for educational possibilities for their kids. The UK and International Baccalaureate (IB) curricula are used at Deira International School in Dubai Festival City. Another well-regarded choice for parents is the 2005-founded Universal American School, which provides both the American and IB curricula. A 5-minute drive away in Al Garhoud lies the Cambridge International School, which uses the UK curriculum.
The surroundings around DFC are home to a number of prominent hospitals. Mediclinic Welcare Hospital is 9 minutes distant from Garhoud. Some hospitals roughly 10 to 11 minutes away from the community include Emirates Specialty Hospital and Magrabi Eye Hospital.
A few clinics are also located nearby. The Dubai Festival City Mall is home to a branch of the Dubai London Clinic, giving locals easy access to medical care. The region also houses Al Badia Dental Clinic, Al Sultan Medical Center, and Smile Spa Dental Clinic.
There are a total of four highly regarded hotels in Dubai Festival City:
The InterContinental Dubai Festival City, a five-star hotel, is the most well-known establishment in Dubai Festival City. It owns the Festival Arena event area, accommodating up to 6,000 guests and provides direct access to the DFC Mall. A 25-meter outdoor pool with expansive views of Dubai Creek, the award-winning Spa InterContinental, and the Club InterContinental Lounge on the 26th level are a few additional popular amenities.
The hotels in Dubai Festival City, including the Intercontinental and Crowne Plaza Dubai Festival City, include a number of restaurants with permits. Belgian Beer Cafe, Vista, Anise, and other selections are a few of the more well-liked choices. The Irish Village in Al Garhoud and the Le Méridien Dubai Hotel & Conference Center, both of which are close by, are two other places to go out at night.