Dubai Motor City is a world-class destination for car enthusiasts, offering a unique blend of motorsports, residential, office, retail, and leisure facilities.
The development covers an area of 2.4 million square metres and includes a wide range of motor-related facilities, including a racing circuit, a driving school, showrooms, and service centres. The residential area offers a choice of apartments and villas, while the office and retail space is home to various businesses.
What Types of Apartments are in Motor City?
When it comes to apartments for sale in Motor City, buyers can choose from a few different types. Dubai Motor City is an excellent location for those searching for studio apartments for sale. The development offers a wide range of studios, from compact units to larger spaces measuring over 600 square feet. The studios are all finished to a high standard and come with fitted kitchens and bathrooms.
One-bedroom apartments in Dubai Motor City are a great option for those looking for more space than a studio offers. The units are usually larger, measuring around 900 square feet, and have separate living and sleeping areas. They also have fully equipped kitchens and bathrooms, making them perfect for living independently.
Two-bedroom apartments in Dubai Motor City are a great option for those looking for more space. The units are usually larger, measuring around 1,200 square feet, and have separate living and sleeping areas. They also have fully equipped kitchens and bathrooms,
Three-bedroom apartments in Dubai Motor City are usually larger than other units, measuring around 1,500 square feet. They have separate living and sleeping areas and fully equipped kitchens and bathrooms. This makes them perfect for those who want to live independently or have a family. Dubai Motor City has something to offer, no matter what type of apartment you want.
What are the Sale Price Trends for Apartments in Motor City?
The average sale price for an apartment in Motor City was AED 1,050,000 in the first quarter of 2022. This is a slight increase from the average price of AED 1,033,333 in the fourth quarter of 2021. However, prices vary widely depending on the size and location of the apartment. For example, smaller apartments in less desirable locations may sell for as little as AED 700,000, while larger apartments in prime locations can sell for over AED 2,000,000.
Overall, prices have been slowly increasing since peaking in the second quarter of 2019 at an average of AED 1,266,667. As many factors can affect the market, predicting how prices will move in the short term is difficult. However, in the long term, prices are expected to continue to rise as Dubai Motor City becomes increasingly popular, with buyers looking for a quality lifestyle at a fraction of the cost of living in central Dubai.
What is the Lifestyle in Motor City Like?
Motor City offers residents a unique lifestyle not found in other parts of Dubai. There are five main residential districts in Dubai Motor City, each with its unique character. The Uptown district is home to luxury apartments and villas, while the Downtown district offers a more cosmopolitan lifestyle with high-rise apartments and a vibrant nightlife scene.
Families looking for a more traditional lifestyle will find it in the Green Community, which features villas and townhouses around landscaped gardens. For those who want to be closer to nature, there are several apartment complexes located near the Dubai Autodrome.
There is the Sports City district which, as its name suggests, is focused on sports and fitness. There are several world-class sporting facilities here, as well as several gyms and fitness studios. Whatever your lifestyle, you will find it in Dubai Motor City.
What are the Reasons for Investing in Motor City?
There are many reasons why investing in Motor City makes sense. It is an affordable option for those purchasing property in Dubai. Prices in Dubai Motor City are significantly lower than in other parts of the city, yet the quality of life is just as high.
There are five distinct residential districts, each with its personality. Uptown is home to luxury apartments and villas, Downtown offers a more cosmopolitan lifestyle, Green Community is perfect for families, Sports City is focused on sports and fitness, and several apartment complexes are located near the Dubai Autodrome.
The infrastructure in Dubai Motor City is second to none. The development was designed from the ground up to be a self-contained community with everything residents need within easy reach. There are world-class schools, hospitals, shopping malls, restaurants, and more, all located within the development.
Motor City is a safe and secure community. The development has its security force that works around the clock to keep residents safe and secure. In addition, all of the buildings in Dubai Motor City have state-of-the-art security systems.
Investing in Motor City is a wise decision from a financial standpoint. Property prices in the development have been steadily rising since its inception and will continue as demand for quality living at an affordable price increases.