What Makes City Walk Dubai Likeable By Buyers
Foreign investors may buy property with unrestricted ownership in City Walk since it is located in a freehold zone. Thirty-four glass mid-rises, attractively lighted at night, make up the City Walk Dubai residential neighborhood. In addition, the neighborhood is filled with high-end retail stores, dining options, and nightlife hotspots. Many investors and buyers like to purchase real estate that are Off plan Properties Dubai.
City Walk’s Famous Sights & Attractions
City Walk may be lacking in iconic monuments, but it makes up for it with its high-end shopping, pleasant walkways, interesting graffiti art, and exciting nightlife.
City Walk is a great place for people of all ages to have fun, thanks to its various exciting areas and activities.
The Green Planet bio-dome is an artificial green structure that simulates a tropical jungle. Over 3,000 plant and animal species and many avian species from across the globe call this environment home.
Hub Zero is a place where people of all ages may enjoy virtual reality attractions and slot machines.
The Roxy is a large, modern theater that offers a great variety of films.
Indoor amusement park for kids aged 2-10 called Mattel Play! Town.
The Coca-Cola Arena is a massive venue that can host crowds of up to 17,000. The arena often hosts concerts, sporting events, and other large-scale gatherings.
City Walk’s proximity to Downtown Dubai makes it convenient to see some of Dubai and the United Arab Emirates’ most visited landmarks, such as the Burj Khalifa, the world’s tallest building at 160 stories.
The Dubai Fountains are the world’s biggest musical light fountains.
The Dubai Mall is a massive retail and leisure complex that spans a whopping 12,916,692 square feet.
The Dubai Opera is a glass boat-shaped theater where opera and other musicals are performed.
You can go to each of these landmarks in less than ten minutes.
Economical Attractiveness of City Walk
City Walk is widely regarded as one of Dubai’s most popular tourist locations because to its exciting urban vibe, abundance of street art, and convenient location between Jumeirah Beach and Downtown Dubai’s many attractions. In addition to attracting new inhabitants (both purchasers and renters of residential property) with its established social infrastructure and relatively inexpensive costs, the steady demand for short-term rentals is also supported by the city’s regular influx of visitors.
One-bedroom flats offer a 6.1% ROI if rented out for a year or more. Apartments with two bedrooms had the second-highest ROI, at 5.3%, followed by apartments with three and four bedrooms, at 4.8%. The return on investment is greater for residential properties rented out for shorter periods of time.