Dubai Investment Park is a mixed-use development located in Dubai, UAE. The park comprises multiple phases, with Phase 2 being one of the critical areas. It offers multiple residential, commercial, and industrial properties, making it an attractive choice for businesses and residents.
Phase 2 of Dubai Investment Park is a bustling area that has become increasingly popular for its affordable yet convenient living options. The area offers various residential properties, including apartments and townhouses with one to five bedrooms. The sales price of bigger residential units, such as 1-bed flats in DIP Phase 2, starts from AED 250k and AED 599k for 1,500 sq. ft. 2-bed apartments for sale in Phase 2.
Moreover, the area also boasts a commercial district for offices and retail space, making it an excellent location for businesses looking to set up shop in Dubai. With its strategic location and affordable prices, Phase 2 of Dubai Investment Park has become a popular choice for both businesses and residents looking for a convenient and affordable living option in Dubai.
Overview of Dubai Investment Park
Dubai Investment Park (DIP) is a mixed-use development in Dubai, United Arab Emirates. It covers an area of 2,300 hectares (5,683 acres) and includes three central areas: an industrial complex for light and medium industries and hi-tech companies, a commercial complex for offices, showrooms, and shopping outlets, and a residential complex for apartments, townhouses, and villas.
History and Development
Dubai Investment Park was established in 1997 as a joint venture between Dubai Investments PJSC and the Dubai government’s Investment Corporation of Dubai (ICD). The development intended to be a self-contained city within a city, providing a comprehensive mix of residential, commercial, and industrial properties.
Since its inception, Dubai Investment Park has undergone several phases of development. The first phase was completed in 2003, and the subsequent phases have been completed in stages. The development intended to cater to the needs of businesses and residents alike, focusing on sustainability and environmental friendliness.
Dubai Investment Park 2
Dubai Investment Park 2 is one of the key areas within the park. It offers many residential, commercial, and industrial properties, making it an attractive place for businesses and residents. The area features studios, 1, 2, and 3-bedroom flats, townhouses, and villas.
Dubai Investment Park 2 is conveniently located near the Expo 2020 site, which will likely attract millions of worldwide visitors. The development also connects the rest of Dubai, with easy entry to main highways and public transportation.
In conclusion, Dubai Investment Park is a well-planned and comprehensive development offering residential, commercial, and industrial properties. Its focus on sustainability and environmental friendliness makes it an attractive destination for businesses and residents alike. Dubai Investment Park 2, in particular, offers a range of properties and is conveniently located near the Expo 2020 site.
Residential Properties in DIP Phase 2
DIP Phase 2 is a prime location for those looking for a residential property in Dubai. The area is home to a variety of properties, from apartments and studios to townhouses and luxury housing. Here is an overview of the residential properties available in DIP Phase 2.
Apartments and Studios
Apartments and studios in DIP Phase 2 are a great option for those looking for a compact living space. Ritaj Residential Complex and Olivia Residences are two popular apartment complexes in the area. Ritaj offers studio, one-, two-, and three-bedroom apartments, while Olivia Residences has studio and one-bedroom apartments. The standard rent for a studio apartment in Ritaj is AED 31,900 per year, while a one-bedroom apartment in Olivia Residences starts at AED 50,000 per year.
Townhouses and Villas
DIP Phase 2 is also home to a variety of townhouses and villas. Verdana Phase 2 by Reportage Properties is a deluxe development offering luxurious 1 to 5-bedroom townhouses built with an innovative idea. These townhouses aim to provide an eco-friendly living experience. The development will likely be completed by Q4 2025.
Luxury Housing
For those looking for a luxurious living experience, DIP Phase 2 has a lot to offer. The area is home to luxury housing developments like the Dubai Lagoon and The Green Community. These developments offer several properties, including villas, townhouses, and apartments. The Dubai Lagoon is a luxurious development offering a range of properties, including studio, one-, two-, and three-bedroom apartments, townhouses, and villas. The Green Community is another popular development offering various properties, including luxury villas and townhouses.
In conclusion, DIP Phase 2 offers a variety of residential properties to fit every budget and lifestyle. From compact apartments and studios to luxurious villas and townhouses, the area has something to offer for everyone.
Commercial and Industrial Spaces
Dubai Investment Park Phase 2 offers a wide range of commercial and industrial spaces for businesses of all sizes. The area is known for its modern infrastructure, state-of-the-art facilities, and strategic location, making it an ideal place for companies looking to launch or expand their operations.
Offices and Retail Outlets
Dubai Investment Park Phase 2 has a variety of office and retail spaces available for lease or purchase. Additionally, these spaces aim to meet the needs of businesses of all sizes, from small startups to large companies. Furthermore, the area offers modern, well-equipped office spaces perfect for companies seeking a professional presence in the region.
Retail outlets in Dubai Investment Park Phase 2 are ideal for businesses looking to tap into the growing consumer market in the area. The retail spaces are strategically located in high-traffic areas, making them suitable for companies looking to attract customers.
Warehouses and Manufacturing
Dubai Investment Park Phase 2 is home to many warehouses and manufacturing facilities. Moreover, these spaces are ideal for businesses looking to establish a regional manufacturing or distribution center. Additionally, the warehouses have state-of-the-art facilities and infrastructure, making them suitable for companies looking to store and distribute their products.
The manufacturing facilities in Dubai Investment Park Phase 2 aim to meet the needs of businesses of all sizes. The facilities feature the latest technology and equipment, making them ideal for companies looking to establish a regional manufacturing center.
In addition to pre-existing buildings, pre-leased buildings are available for businesses looking for a turnkey solution. These buildings have everything businesses need to start, including office spaces, manufacturing facilities, and warehouses.
Dubai Investment Park Phase 2 is an ideal choice for companies looking to establish or expand their regional operations. The area offers various commercial and industrial spaces, making it easy for companies to find the perfect space to meet their needs.
Amenities and Services
Dubai Investment Park (DIP) Phase 2 has several amenities and services, making it an attractive place for businesses and residents. Here are some of the amenities and services available in Phase 2:
Educational Institutions
Phase 2 is home to several educational institutions, including Greenfield International School, Bright Riders School, and The International School of Choueifat. These schools provide quality education to students from various backgrounds and nationalities.
Healthcare Facilities
Residents of Phase 2 have access to several healthcare facilities, including clinics and hospitals. Some well-known clinics in the area include Aster Clinic, Mediclinic Parkview Hospital, and Al Zahra Hospital Dubai.
Shopping and Dining
Phase 2 has several shopping and dining options, including Souq Extra. Souq Extra is a community mall offering supermarkets, restaurants, and cafes.
Recreational Areas
Phase 2 has several recreational areas, including a swimming pool. The pool is a great place to relax and cool off during the hot summer months. Additionally, several parks and green spaces are in the area, providing residents with a place to relax and enjoy the outdoors.
Overall, Phase 2, Dubai Investment Park, offers multiple amenities and services that satisfy the needs of businesses and residents. From educational institutions to healthcare facilities, shopping, and dining options to recreational areas, Phase 2 has something for everyone.
Connectivity and Transportation
Access to Major Roads
Dubai Investment Park (DIP) Phase 2 is close to key transportation hubs, including the Al Maktoum International Airport and the Jebel Ali Port, making it a prime destination for logistics and distribution companies. The development is also situated along the Dubai-Al Ain Road and Sheikh Mohammed Bin Zayed Road, providing easy access to major roads in Dubai.
Public Transportation
DIP Phase 2 is well-connected by bus services for those who prefer public transportation. The closest metro station is the Energy metro station, which is about 15 minutes away by car. The metro station provides access to other parts of Dubai, including the Dubai Marina and the Dubai Mall.
In addition, several bus stops are in and around DIP Phase 2, making it easy to commute to other parts of Dubai. The RTA bus service provides regular services to and from DIP Phase 2.
Overall, DIP Phase 2 connects central roads and public transportation, making it easy for residents to travel to other parts of Dubai.
Property Investment in DIP
Dubai Investment Park (DIP) Phase 2 offers various residential, commercial, and industrial properties, making it an outstanding destination for businesses and residents. Moreover, the real estate market trends in DIP 2 Phase 2 indicate that property prices are stable and that value is steadily appreciating.
Real Estate Market Trends
The average price range for properties in DIP 2 Phase 2 is competitive and affordable, making it an excellent investment opportunity for buyers. The net ROI of 10% and the whole building’s net ROI make it an attractive option for investors looking to purchase a property.
Investment Opportunities
DIP 2 Phase 2 offers a flexible and convenient payment plan for buyers. The handover process is smooth and hassle-free, making it an excellent option for investing in a property. The investment opportunities in DIP 2 Phase 2 are vast, with various properties available.
In conclusion, DIP 2 Phase 2 is a prime location for property investment in Dubai. Real estate market trends indicate that property prices are stable and appreciate steadily in value. The investment opportunities are vast, with flexible payment plans and smooth handover processes.
Lifestyle and Community
Dubai Investment Park Phase 2 is a self-contained community that offers a family-friendly environment with various outdoor activities and green spaces. The community aims to provide an ideal living experience for families and individuals who enjoy a serene atmosphere.
Family-Friendly Environment
Dubai Investment Park Phase 2 is a family-friendly neighborhood that offers many facilities and amenities to cater to families’ needs. Additionally, the community is home to several schools, nurseries, and playgrounds that provide a safe and secure environment for children to play and learn. Furthermore, the Green Community Village, located within the community, is an excellent spot for families to spend quality time together.
Outdoor Activities and Green Spaces
Dubai Investment Park Phase 2 has several landscaped gardens and green spaces that give locals a quiet and serene environment. Additionally, the community offers several outdoor activities, including cycling, jogging, and walking, that allow residents to enjoy the beautiful surroundings. Furthermore, the Dubai Lagoon, located within the community, is a perfect spot for locals to relax and chill.
In conclusion, Dubai Investment Park Phase 2 is a self-contained community with a family-friendly environment, various outdoor activities, and green spaces. The community intends to provide an ideal living experience for families and individuals who enjoy a serene atmosphere.
Frequently Asked Questions
What are the average rental prices in Phase 2 of Dubai Investment Park?
The rental prices in Phase 2 of Dubai Investment Park vary depending on the type of property and its location. On average, a one-bedroom apartment costs about AED 45,000 per year, while a two-bedroom apartment can cost around AED 75,000 per year.
How can I find the exact location of Phase 2 in Dubai Investment Park?
The exact location of Phase 2 in Dubai Investment Park can be easily found using Google Maps or any other map application. The area is close to Sheikh Mohammed Bin Zayed Road, making it easily accessible from all parts of Dubai.
What is the current cost range for properties in Phase 2 of Dubai Investment Park?
The current price range for properties in Phase 2 of Dubai Investment Park varies depending on the type of property and its location. On average, a one-bedroom apartment costs around AED 400,000, while a two-bedroom apartment can cost around AED 750,000.
Are there any properties for sale in Phase 2 of Dubai Investment Park?
Several properties are for sale in Phase 2 of Dubai Investment Park. These properties include apartments, townhouses, and villas, with prices ranging from AED 400,000 to AED 2 million.
Can you provide the location map for Dubai Investment Park 2?
Yes, the location map for Dubai Investment Park 2 can be easily found online. The area is close to Sheikh Mohammed Bin Zayed Road, making it easily accessible from all parts of Dubai.
Is the Dubai Investment Park considered a free zone?
No, the Dubai Investment Park is not considered a free zone. However, it is a mixed-use development offering several residential, commercial, and industrial properties, making it a perfect destination for businesses and residents.
