Dubai Internet City
About Dubai Internet City
Dubai Internet City (DIC), a splendid residential community, provides a conducive environment for tech enterprises to operate without limitations or constraints. In October 2000 it was established to accelerate the development of IT services and systems in the UAE. Dubai International City (DIC) is a prominent commercial and technical hub established by the Dubai Government and TECOM Investments. Oracle, IBM, Cisco, Microsoft, and various other corporations are among the over 1,600 companies located in DIC. The conference promotes both technological and economic advancement. The current infrastructure, prominent location, and simple access to significant business and recreational zones make this city attractive to professionals and entrepreneurs.
Dubai Internet City provides a wide range of services to both residents and enterprises. These include modern conference facilities, water-related activities, and health and well-being services in tall buildings used for residential and commercial purposes. The Dubai Internet City Metro Station, bus stops, and parking lots are conveniently located inside and outside the complex. Dubai Internet City is a prosperous hub for residential and commercial activities, including several restaurants, stores, supermarkets, healthcare services, and educational establishments.
Latest Off Plan Projects in Dubai Internet City
Community Features
Dubai Internet City Connectivity
Off-Plan Projects in Dubai Internet City
Dubai Internet City gives a comprehensive list of available properties for rent or sale for residential and commercial purposes. The most significant characteristic of the described locality is the availability of high-rise facilities for commercial, business, and residential usage like offices, hotels, and apartments. DIC offers spacious, luxurious Penthouses and Apartments that can be leased with one to three bedrooms. Many of these flats possess contemporary facilities and services such as fast lifts, spas, fitness centres, and swimming pools. Some hotels offer short-term rentals of apartments and studios for tourism purposes, including one- or two-bedroom apartments.
Apartments:
- 1-bedroom
- 2-bedroom
- 3-bedroom
Hotel Apartments:
- Studio
- 1-bedroom
- 2-bedroom
Penthouses:
- 3-bedroom
- 4-bedroom
Average Property Price in Dubai Internet City
A wide range of housing options, from economical studios to extravagant penthouses, are available in flats and other residential buildings. You can get from a diverse range of available properties for sale as per your budget. Prosperous neighbourhoods have elevated property values and comparatively lower costs for one-bedroom flats than three-bedroom flats. Property values in Dubai Internet City are influenced by factors such as the surrounding views, proximity to services, and availability of amenities. Overall, Dubai’s growing DIC real estate market offers a wide range of luxurious home choices for both investors and residents.
| Property Type | Price |
|---|---|
| 1-Bedroom Apartments | AED 800,000 - AED 1,200,000 |
| 2-Bedroom Apartments | AED 1,200,000 - AED 1,800,000 |
| 3-Bedroom Apartments | AED 1,800,000 - AED 2,500,000 |
| Studio Hotel Apartments | AED 600,000 - AED 1,000,000 |
| 1-Bedroom Hotel Apartments | AED 900,000 - AED 1,500,000 |
| 2-Bedroom Hotel Apartments | AED 1,400,000 - AED 2,000,000 |
| 3-Bedroom Hotel Apartments | AED 3,000,000 - AED 5,000,000 |
| 4-Bedroom Hotel Apartments | AED 4,500,000 - AED 7,000,000 |
ROI in Dubai Internet City
The properties in the DIC area are usually highly profitable. It is that the demand for such properties is high and their location is highly favourable. When you see, the ROI percentage ranges from 5% to 9%, and this variation is determined by the specific features of the property and the prevailing market conditions. A 1 bedroom apartment may make 6% to 9%, whereas a 3-bedroom house can make 6% to 8%. Most studio hotel flats generate 7.2% to 12% ROI. Dubai Internet City is an attractive investment opportunity for several reasons, including its ability to produce capital appreciation and rental yields in one of the vital technical zones in Dubai.
Master Plan of Dubai Internet City
The Dubai Internet City master plan is one of Dubai’s foundational and most successful strategic economic initiatives. Unlike a typical residential master plan, DIC envisaged a world class technology and information communications ecosystem. This is the first technology-focused economic zone in the region to help Dubai transition to a global knowledge economy.
Developed by TECOM Group, DIC is targeted at providing the ultimate platform for technology businesses to set up shop and also grow their activities in the Middle East. And that was not limited to building structures only. That meant designing from the ground up a regulatory framework, an advisory community and a state-of-the-art physical and digital infrastructure.
Physically, Dubai Internet City is a 245-acre campus style area. It’s made up of high-rise and low rise industrial office buildings, modern business facilities and research and development laboratories. This commercial infrastructure is interspersed with landscaped green areas, lakes and public plazas, to produce a high quality, pedestrian environment for its work force to collaborate and innovate.
A World-Class Technology Ecosystem
The curated ecosystem is what makes the DIC master plan succeed. It now houses the largest concentration of technology companies in Middle East and North Africa MENA. That includes worldwide Fortune 500 companies like Microsoft, Google, Oracle, IBM, Visa and Cisco, in addition to a huge number of small and medium enterprises (SMEs) and start ups.
A key component of this ecosystem is the in5 innovation hub, an initiative of DIC to incubate and grow tech startups. This piece of the plan gives entrepreneurs co-working space, mentorship, instruction and access to investors so there is a pipeline of innovation into the community. The master plan aimed at fostering this mix, allowing large multinational corporations to work with and hire talent from the adjacent startup scene.
