The developers Meydan & Sobha is proud to present a collection of freehold commercial buildings available for sale in the coveted community of The Residences in District One. Interested real estate investors can choose from a selection of 5 ultra-luxury low and mid-rise complexes, which consist of 4-12 storeys.
Each building in D1 features a wide array of upscale 1, 2 and 3-bedroom apartments, which can all be rented out for a stable long-term income. Another attractive option is to purchase one of the buildings for a subsequent resale at a higher price. It is worth mentioning as of October 2021, District One is home to almost 1,500 residents, thus, properties in this area are highly popular with both real estate buyers and tenants. In fact, an estimated ROI in District One community amounts to 5.3%.
Spanning across 45 million sqft, D1 is one of the most sought-after areas in the UAE, since it contains the world’s largest lagoon, with a whopping area of 22,965 ft, and a 45,931 sqft long shoreline.
Check out featured properties for sale