Overview
Dubai Media City (DMC) is a free zone established in 2000, serving as a hub for media and creative industries. Located along Sheikh Zayed Road, it is part of the TECOM Group, which also includes Dubai Internet City and Dubai Knowledge Park. DMC hosts over 1,600 companies, including global media giants like CNN, Reuters, and MBC. The area is strategically positioned between Palm Jumeirah and Al Sufouh, offering easy access to major landmarks. While primarily a business district, DMC also offers residential options, catering to professionals working in the area.
Neighborhood
DMC is surrounded by several prominent communities, enhancing its appeal. To the north lies Dubai Marina, known for its waterfront living and vibrant nightlife. To the south, Al Sufouh offers a quieter, more residential atmosphere. The American University in Dubai is nearby, providing educational opportunities. The area is well-served by public transportation, including the Dubai Metro and tram system, facilitating easy commuting.
Features
DMC boasts a range of amenities that enhance the quality of life for its residents and businesses. The community includes landscaped parks, a yacht club, and a maritime museum. Residents have access to supermarkets, cafes, and restaurants within the vicinity. The Dubai Media City Amphitheatre hosts numerous events, from local and international concerts to festivals and corporate events. The area is also home to luxury developments offering high-end villas and townhouses with premium amenities such as private pools and landscaped gardens.
Properties in Dubai Media City
DMC offers a variety of residential and commercial properties, catering to different needs.
Residential Properties:
Sales Prices:
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Studio apartments: Starting from AED 800,000.
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1-bedroom apartments: Starting from AED 1,280,000.
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2-bedroom apartments: Starting from AED 1,850,000.
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3-bedroom apartments: Starting from AED 2,390,000.
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4-bedroom apartments: Starting from AED 3,300,000.
Rental Rates:
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Studio apartments: Approximately AED 67,500 per year.
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1-bedroom apartments: Approximately AED 85,000 per year.
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2-bedroom apartments: Approximately AED 145,000 per year.
Commercial Properties:
Sales Prices:
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Office spaces: Prices vary based on size and location within the community.
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Retail outlets: Prices vary based on size and location within the community.
Rental Rates:
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Office spaces: Rental rates vary based on size and location within the community.
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Retail outlets: Rental rates vary based on size and location within the community.
DMC’s strategic location, diverse property options, and comprehensive amenities make it an attractive choice for both residents and businesses.
Since the starting purchase prices and rental rates vary based on size and type of properties, please contact QAE Real Estate at +971 42222669 for any assistance.