Al Quoz
Located a 10-minute drive from Downtown Dubai, the Dubai Marina and La Mer beach, is the amazing Al Quoz. This area is a great mix of old and new. This area is mainly of interest to locals and expats.
General information
Al Quoz, a vibrant neighborhood in Dubai, is known for its fascinating mix of industry and culture. Once primarily an industrial zone, the area has developed in recent years into a dynamic hub with many different functions. It is divided into four sub-neighborhoods: Al Quoz 1, 2, 3 and 4, each with its own character and charm.
As you walk through the streets of Al Quoz, you will see countless warehouses, factories and workshops on one side. This industrial heart of the district is essential to the city's logistics and distribution, and houses companies from all kinds of sectors, from building materials to auto parts. The activity in these zones contributes to Dubai's economic vitality.
But Al Quoz has more to offer than just industry. The area is also home to a vibrant cultural district, especially concentrated around Alserkal Avenue. Numerous art galleries, design studios and creative workspaces have found their home here. The converted warehouses now host exhibitions, workshops and events that attract locals and tourists alike. Alserkal Avenue has become a lively meeting place for artists and art lovers, and has firmly established Al Quoz's reputation as a creative hub.
Amid this industrial and cultural activity are the residential parts of Al Quoz, mainly in Al Quoz 1 and 2. These neighborhoods consist mainly of spacious villas and townhouses, often surrounded by green gardens. The houses are popular with both locals and expats.
Al Quoz is thus a neighborhood that offers the best of both worlds: a productive industrial and commercial zone, a vibrant cultural center and quiet, green residential neighborhoods. It is an area that continues to grow and develop, playing an increasingly important role in Dubai's diverse landscape.
ROI and capital appreciation
The yields and appreciation in Al Quoz are great. This is because of its great location in relation to the beach, the Dubai Marina and Downtown Dubai. 1 and 2-bedroom apartments and villas generate the best returns in this area. It is recommended to rent the properties short-term to expats.
Off-plan
New construction in this region will experience an increase in value between 10% and 30% during the construction phase, which is usually 3 years. Net rental returns on the initial investment will be between 8% and 10%. 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 of around 5%.