Apartments for sale in Arjan
Arjan is an emerging residential district of Dubai situated a 20-minute drive away from the seacoast and at approximately the same distance from the city centre. Property in Arjan consists of residential complexes with studios and apartments.
Local development is primarily mid-rise and high-rise, with various amenities provided within buildings, such as gyms, saunas, swimming pools, children’s playgrounds, parking and concierge service.
This district is a freehold area where real estate ownership is permitted for foreigners and UAE citizens alike, so both residents and non-residents of the country can buy apartments in Arjan. This makes the community a great choice for ex-pats. Both completed and off-plan studios and apartments are currently offered for sale in this community.
Prices
Flats in Arjan are available in various price brackets. Buyers can opt for a completed residence or purchase an off-plan property at a discounted price from the developer. The value of an apartment in Arjan depends on the floor area, the amenities available in the residential complex, the quality of the interior finishing and other parameters.
Buyers interested in fully finished flats for sale in Arjan should consider the following projects:
- Siraj Tower, which is a 30-storey skyscraper with studios and apartments with either one or two bedrooms. The starting price of a studio in this complex is AED 325,000 (USD 88,500).
- Lincoln Park, which is comprised of five mid-rise residential buildings with studios and one-bedroom to three-bedroom apartments. The cheapest local studio costs AED 375,000 (USD 102,000).
- The nine-storey Elz Residence with studios and apartments with either one or two bedrooms. A studio here is worth AED 380,000 (USD 103,500).
- Miraclz Tower by Danube, which is a 37-storey complex with studios and apartments with either one or two bedrooms. A studio sells for AED 400,000 (USD 109,000).
Several new residential projects are currently being developed in this community. Those who buy flats in Arjan at the construction stage directly from the developer will benefit from favourable bargaining terms. Many construction companies also offer interest-free instalment plans. The following off-plan residential complexes are particularly noteworthy:
- The upscale 10-storey Marquis Galleria with one-bedroom to three-bedroom apartments. The cheapest one-bedroom home costs AED 790,000 (USD 215,000).
- The nine-storey Beverly Boulevard with studios and apartments with either one or two bedrooms, the cheapest of them worth AED 460,000 (USD 125,500).
- The seven-storey Gardenia Livings, which includes one-bedroom to three-bedroom apartments. The lowest price of a one-bedroom residence is AED 635,000 (USD 173,000).
Apartment prices in Arjan change all the time, especially in off-plan projects. You can view up-to-date figures in a separate catalogue on our website and use the convenient search system with prices in dollars and euros.
Apartments investment in Arjan
Local apartments are highly liquid, high-yield housing. With affordable prices, convenient locations and high quality - these properties are in high demand among both buyers and tenants. Many businessmen consider this community a great location for investment. A popular strategy is purchasing an off-plan property at a discount from the developer and reselling it at a price which has been increased by 20% once the residential complex is commissioned.
Studios generate the highest rental income of around 6% per annum. One-bedroom and two-bedroom apartments yield 5.4% and 5.7% per annum respectively, while the return on three-bedroom homes is 5.5% per annum.
The precise figures of the return on investment in local apartments depend on the type of residential project, its location within the district, the availability of amenities and other features. Please contact our professional team to find out all the details about protecting money by investing it in residential properties in Arjan.
Buying an apartment in Arjan
Please contact our English-speaking real estate experts to select the best apartments in Arjan for investment and living or property near the beach in another district of Dubai. Our staff will gladly advise you on all subtleties of the current real estate market, negotiate discounts from homeowners, and deal directly with developers. The convenient search system on our website with prices, photos and detailed information makes it possible to quickly select the most suitable properties to view before purchasing.
