Dubai Science Park
Located about a 15-minute drive from the Dubai Marina is the Dubai Science Park neighborhood. This is a great neighborhood for investors as many professionals and migrants reside here with their families.
General information
Dubai Science Park is a vibrant innovation center and hub for science and healthcare, where cutting-edge ideas and technologies come to life. This special zone is designed to create an ecosystem where companies, researchers and professionals work together to push the boundaries of science and technology. Part of the larger Tecom Group, which manages multiple free zones in Dubai, Dubai Science Park has quickly emerged as the go-to place for companies in biotechnology, pharmaceuticals, environmental technology and healthcare.
What makes Dubai Science Park special is the harmonious balance between work and life it offers. In addition to the offices, laboratories and research centers, various residential options are also available in the form of modern apartment complexes. These homes are perfect for the many scientists, researchers and professionals who work in the area, allowing them to benefit from a minimal commute on a daily basis. Real estate in this neighborhood ranges from stylish, modern apartments to office spaces and commercial properties.
Companies locating in Dubai Science Park can count on high-quality offices and flexible laboratory spaces, with facilities specially designed to meet the demands of the scientific and healthcare sectors. The buildings are equipped with the latest technologies and are modular in design, allowing companies to customize their space according to their growth and specific needs.
Dubai Science Park's strategic location ensures that residents and businesses have easy access to other major business hubs such as Dubai Internet City and Dubai Media City, as well as the city's vibrant downtown. Moreover, it is surrounded by parks and green spaces, contributing to a healthy and inspiring work environment.
ROI and capital appreciation
The prospects of returns and value increases in Dubai Science park are good. This is due to rentals to expats, who are mostly present in this area. Studios and 1-bedroom apartments generate the best returns in this area. It is recommended to rent the properties for a mix of short-term and long-term.
Off-plan
New construction in this region will experience an increase in value between 20% and 30% during the construction phase, which is usually 3 years. Net rental returns on the initial investment will be between 6%-8%. After completion, value appreciation in this area will be around 5% per year.
Ready built
Existing construction in this area will experience an increase in value around 5%.