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Dubai Design District

About Dubai Design District

The Dubai Design District is typically referred to as D3, by TECOM Group. This district is an innovative hub for innovative thinkers, artists, and marketers, fostering a community that blends art, style, and design. D3 is designed to serve as a vital hub for Dubai’s creative industries, supplying surroundings wherein creativity meets commerce.

Established in 2013 as a part of Dubai Plan 2021, Dubai Design District includes innovative spaces, retail shops, elegant dining places, and event venues. It presents a super environment for designers and artists to develop at the same time as connecting neighborhood and global competencies. Notably, the location houses the Dubai Institute of Design and Innovation (DIDI), which gives an academic program in design, further promoting the district’s innovative ethos.

The district is not just about work; it also features numerous recreational facilities, from street artwork to nightlife alternatives, making it one of the trendiest spots in Dubai. Its top vicinity close to Business Bay and Downtown Dubai also makes it without problems available for vacationers and citizens alike.

Latest Off Plan Projects in Dubai Design District

AED 1,750,000

Meraas Design Quarter

1, 2 & 3 Bedroom Apartments at Dubai Design District

Community Features

Dubai Design District Connectivity

Off-plan Projects In Dubai Design District

The Dubai Design District has a mix of properties like malls, shared workspaces, display areas, and homes. This area appeals to companies big and small by offering different office options, from big showrooms to shared work spots. You’ll find these properties in D3 right now:

Shared workspaces: These are great for people who work for themselves and new businesses just starting out. They come with fast internet and good places to work.
Retail Outlet: Perfect for creative brands looking to appeal to a niche clientele.
Residential units: Design Quarter, another residential addition by Meras, with three towers of mixed 1- to 3-bedroom apartments, penthouses and runways

Most completed buildings have high-end, well-designed studios and offices available for rent to organizations licensed by the Dubai Development Authority (DDA).

Average property prices in The Dubai Design District

Property in d3 is primarily commercial, although, with the new Design Quarter project, there is growing interest in residential spaces. The appraised value of the property is as follows:

1-Bed Apartments: AED 1.8M to AED 2.7M.
2-Bedrooms Apartments: Starting from AED 2M.
3-Bedroom Apartments: From AED 3.9M to AED 8.2M.
Penthouse/Duplex: Available at a higher price point, offering ample luxury and space for a creative lifestyle.

Average ROI in The Dubai Design District

Dubai Design District is a promising investment destination for both commercial and residential, thanks to its creative appeal and strategic location. Investors can expect a consistent return on investment (ROI), especially at the beginning of the design quarter. Current market research indicates that.

Commercial Properties: The average ROI for office and retail spaces is around 6-8%, driven by a growing influx of creative businesses.
Residential Properties: The new Design Quarter project is expected to yield an ROI of 5-7%, depending on the type of unit and market conditions.

Master Plan of Dubai Design District

Dubai Design District is being developed in three phases, with the first phase completed in 2015. The first phase includes 11 buildings offering co-working spaces, shops, and showrooms. The upcoming stages will convey additional residential devices, greater industrial areas, and more suitable leisure facilities.

Key features of the master plan include:

Design Quarter Residential Towers: These will offer upscale residential alternatives for the ones searching for a network centred on creativity.
The Block: A leisure area that includes sports courts, an urban seaside, hiking walls, and a skate park.
Event Venues: Several indoor and outdoor event venues, along with the Atrium areas, DQ Core, and the Waterfront Event Slab, foster an environment for web hosting massive occasions and workshops.

Facilities & Services in The Dubai Design District

Dubai Design District is equipped with world-class facilities to ensure that residents, employees, and visitors have everything they need at their fingertips. These include:

Creative Co-Working Spaces: Facilities with modern infrastructure, including high-speed internet and flexible workstations.
Retail and F&B Outlets: Plenty of restaurants and cafes like Akiba Dori, Molecule, and 1Life serve international cuisines and provide vibrant nightlife experiences.
Recreational Spaces: The Block is a well-designed recreational space featuring sports facilities and an urban beach for relaxation.
Healthcare: Clinics and hospitals like Emirates Hospital & Clinic and Iranian Hospital Safa Clinic are located a short drive away.
Education: The Dubai Institute of Design and Innovation (DIDI) and Blossom Nursery provide educational opportunities right in the district.

Location of The Dubai Design District

Dubai Design District sits between Ras Al Khor Zabeel, Business Bay, and Mohammed Bin Rashid (MBR) City. Major roads like Al Ain-Dubai Road (E66), Ras Al Khor Road (E44), and Financial Centre Road (D71) provide good connections. Its central spot allows quick trips to Downtown Dubai, Business Bay, and other key places in 15-20 minutes by car.

You can use public transport too. Bus routes D03 and D03A link d3 to Dubai Mall and nearby metro stops such as the Financial Centre Metro Station and Emirates Tower Metro Station. Taxi services like Uber and Careem are easy to find as well.

Why Invest in The Dubai Design District?

Investing in the Dubai Design District comes with many benefits that make it an attractive option for investors and entrepreneurs:

Free Zone Status: Businesses in the area benefit from 100% import benefits, free tax breaks and flexible permits within a free zone.
Creative Hub: As the hub of Dubai’s creative community, it’s suitable for the design, fashion and media sectors.
Prime location: With perfect proximity to Business Bay and Downtown Dubai, d3 remains a convenient place to live and work.
Events & Networking: There are several other networking events throughout the region, including Dubai Design Week, to name just one.
Luxury amenities: The Design Quarter provides luxury amenities such as showrooms, co-working spaces, high-end residential development, and a modern and creative way of life.