Muhaisnah
Located a 5-minute drive from Dubai International Airport is the Muhaisnah neighborhood. This is mainly an old area. This area is of interest to locals and workers.
General information
Muhaisnah, a community in eastern Dubai, consists of four subdivisions: Muhaisnah 1, 2, 3 and 4. These neighborhoods are strategically located with easy access to major roads. Muhaisnah 1 and 2 offer a mix of residential and commercial spaces, with several shopping malls and supermarkets nearby. Muhaisnah 1 has mostly villas and townhouses, while Muhaisnah 2 has mostly apartments and commercial properties.
Muhaisnah 3 is mainly residential, known for its tranquility and space, with a range of villas and large houses. This makes it attractive to families seeking a quiet environment. Muhaisnah 4 combines residential and industrial zones, with factories and warehouses alongside affordable housing options, mostly for the expat community and workers.
In terms of real estate, options range from affordable apartments to spacious villas, depending on the neighborhood. Rents are lower than in the more central parts of Dubai, making it attractive to those looking for affordable housing. Muhaisnah 1 and 2 offer both modern apartment complexes and traditional villas. Muhaisnah 3 offers more exclusive villas with spacious gardens, ideal for families. Muhaisnah 4 focuses on affordable housing, often in the form of apartments and studios, offering a practical option for blue-collar and budget-conscious residents.
Although Muhaisnah is affordable and diverse, there are drawbacks. Muhaisnah 4's proximity to the airport and industrial areas can cause a nuisance, and some parts lack the luxuries and amenities found elsewhere in Dubai. Still, Muhaisnah remains a popular choice for various populations because of its affordability.
ROI and capital appreciation
Returns and appreciation in Muhaisnah are moderate. This is due to aircraft nuisance, often old dilapidated homes and the region in which the neighborhood is located. Studios and 1-bedroom apartments generate the best returns in this area. It is recommended that properties be rented long-term to airport staff, for example.
Off-plan
New construction in this region will experience an increase in value between 10% and 20% during the construction phase, which is usually 3 years. Net rental returns on the initial investment will be around 3%. 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%.