Planning on big investments? You should definitely consider Meydan city. Located in the heart of Dubai, Meydan City was established by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai and a member of Dubai Holding. Since 2010, the city has been receiving considerable attention all over the world.
The booming city is also very well placed in proximity to Dubai Logistics Corridor and Nad Al Sheba, next to Mohammed Bin Rashid Al Maktoum City—something investors all over the world are taking advantage of. Meydan is a free-zone area in Dubai. This zero-tax policy makes an investment here almost irresistible. Meydan Free Zone was established in February 2009 by the Ruler’s Decree No. 5, which effortlessly facilitates business startups.
What Investors Must Know about Meydan City?
Meydan City attracts the attention of global investors because of key features like:
- Exclusive residential properties that include apartments, villas, and townhouses.
- Free-zone businesses and major sporting events.
- World-class events like the prestigious Dubai World Cup which is hosted by the city.
- Elite-class properties that offer a luxurious lifestyle for residents.
- Prime Location with Meydan spans 40 million square feet and is located along Ras Al Khor Road and Dubai – Al Ain Road.
- Lucrative Returns considering the area’s growth potential, rental yields, and lifestyle advantages.
- Freehold Area offers comprehensive residential options, attracting a wide range of investors.
10 Reasons to Invest in Meydan City
Meydan City is an exceptional city that offers a rich lifestyle, modern amenities, and various kinds of developments. It is neighboured by other residential areas such as Bur Dubai, Al Barari, Al Quoz, Dubailand, and Old Town.
It is also close to Mohammad Bin Rashid City, which offers similar high-quality residential communities and projects. Here are 10 reasons why you must invest in the growing and developing economy of Meydan City
1. Strategic Location
Meydan City enjoys a prime location near key areas in Dubai. It is surrounded by key areas like Downtown Dubai and Dubai International Airport. This location ensures excellent connectivity and accessibility, which makes Meydan city an attractive hub for businesses and residents.
2. Integrated Urban Development
Meydan City includes residential and commercial facilities and various recreational and entertainment avenues. It has an integrated approach, which ensures a high quality of life.
3. Rich Amenities
Meydan City offers you world-class facilities like:
- Meydan Racecourse: It attracts millions of visitors across the world every year and is home to the prestigious Dubai World Cup.
- Meydan One Mall: The mall is an attractive location that includes luxurious shopping experiences, entertainment zones, and dining areas. It also encompasses a 1-kilometer-long indoor ski slope, residential towers, and diverse leisure options.
- Mohammed Bin Rashid Al Maktoum City – District One: This is a luxury residential area with villas, mansions, and the Crystal Lagoon.
4. Corporate Spaces
Meydan City offers various business spaces, from open office layouts to fully serviced offices. These spaces cater to commercial, consulting, investment, and administrative companies.
This flexibility supports diverse business needs alongside high-end residential options. Because of its increasing economic activity, investing in commercial properties in Meydan City can be highly lucrative.
5. Residential Developments
Investing in Meydan City Properties promises substantial returns. The area offers villas and apartments available at various budgets. These spaces are known for their tranquil neighborhoods, rich amenities, proximity to iconic landmarks, top-notch construction, and stunning views.
Most of the apartments ensure convenience and comfort and offer modern living and serenity. You can choose from spacious penthouses to cozy studios. Several schools, parks, and medical services are nearby, and major attractions like Meydan Racecourse and Dubai Mall are easily accessible.
6. Easy Payment Plans
Meydan Free Zone offers installment plans, allowing large purchases to convert into affordable payment plans. You can enjoy the convenience of paying over three, six, nine, or 12 months with a minimum spend of AED 1,000 on a Credit Card for any services issued by Meydan Free Zone.
7. Rental Yields
Meydan offers high rental yields which is one of the key reasons investors are flocking in. Rental demand is high, considering its proximity to Dubai’s business hubs. Villas in Meydan offer an average rental yield of 5-7%, which is much higher than many other areas in Dubai.
8. Lifestyle Advantages
Meydan offers ample green spaces, parks, and recreational facilities. Residents can enjoy:
- Access to Meydan Racecourse and Grandstand
- Proximity to Dubai Mall and Downtown Dubai
- Various international schools and universities
- Modern healthcare facilities
- Easy access to Dubai’s major highways
9. Regulatory Environment
Dubai’s regulatory framework is highly favorable for investors. It offers freehold ownership rights for expatriates in designated areas. Meydan city also boasts a stable legal environment and incentives like tax-free status.
10. Future Growth
Meydan City offers a high return on investment for all kinds of properties. Dubai’s developing real estate market is growing at a fast pace because of government initiatives, a rising population, and a thriving tourism sector. This growth complements Dubai’s vision of leading the world as a tourism and business hub.
Meydan City, a master-planned community, is an appealing option for global investors. It is renowned for its lavish residential and commercial spaces, high ROI, and rental yields.
Now is the perfect time to invest in its properties, considering its planned expansion and upcoming projects like Dubai Expo 2020. Make the most of its luxury, innovation, and financial growth, and contact professionals for more details about this remarkable community.