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Warisan
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Market Transactions of Warisan
Warisan emerges as a promising residential and investment hub in Dubai, known for its modern developments and strategic location. Its property market reflects growing demand, with competitive sale values, consistent transaction volumes, and favorable price trends, making it an ideal choice for investors and homebuyers seeking a balance of affordability and connectivity.
-55%
Avg Sale Value ( AED )
100
Avg Sale Transactions ( AED )
14%
Avg Price per sqft ( AED )
Why Warisan Properties Are Worth Your Investment
Investing in properties in Warisan, a burgeoning residential area in Dubai, presents a compelling opportunity for investors seeking growth and value in the real estate market.
Strategic Location and Development
Warisan's strategic location near key commercial hubs and transportation networks enhances its appeal. The area's ongoing development projects aim to provide modern infrastructure and amenities, attracting both residents and investors.
Market Transactions in 2024
While specific data for Warisan is limited, Dubai's real estate market has experienced significant growth in 2024. In Q3 2024, the market achieved record transaction volumes, with 47,663 residential units sold, totaling AED 130.69 billion.
This upward trend indicates a robust market environment that likely benefits emerging areas like Warisan.
Return on Investment (ROI)
ROI in Dubai's real estate varies by location and property type. While specific ROI data for Warisan is not readily available, the city's average ROI ranges from 5% to 9% for residential properties.
Investors can calculate potential ROI using the formula:
ROI (%) = (Net Profit / Total Investment) × 100
Where net profit is the annual rental income minus expenses, and total investment includes the property's purchase price and associated costs.
Amenities and Lifestyle
Warisan is in proximity to notable landmarks such as Dubai Safari Park and The Camel Racing Club, offering residents unique recreational options. The area's development plans include the addition of retail centers, educational institutions, and healthcare facilities, enhancing its attractiveness for family living.
Conclusion
Warisan's strategic location, coupled with Dubai's thriving real estate market, positions it as a promising investment destination. While specific market data for Warisan is limited, the overall market trends in Dubai suggest potential for favorable returns.
Investors are advised to conduct thorough due diligence and consult with real estate professionals to assess the suitability of Warisan properties for their investment portfolios.
Warisan Properties for Sale
Dubai Safari Park: 5 minutes
Dubai Outlet Mall: 10 minutes
International City: 15 minutes
Dubai Silicon Oasis: 20 minutes
Market Transactions of Warisan
Warisan features notable landmarks like Dubai Safari Park, a premier wildlife destination, and The Camel Racing Club, showcasing Emirati heritage. The area combines leisure, culture, and outdoor adventure.
Dubai Safari Park
A premier wildlife attraction featuring diverse animal habitats, educational programs, and interactive experiences.
Benefits of Living in Warisan
Al Warisan, a rapidly developing mixed-use area in Dubai, offers residents a blend of residential comfort and industrial significance.
Educational Institutions Near Warisan
While Al Warisan is still under development, residents can access educational facilities in nearby communities:
- GEMS Our Own English High School: Located in Al Warqa, this institution offers the Indian curriculum and is known for its academic excellence.
- The Westminster School: Situated in Al Qusais, it follows the British curriculum, catering to a diverse student body.
Healthcare Facilities Near Warisan
Residents have access to medical services in adjacent areas:
- Mediclinic City Hospital: Located in Dubai Healthcare City, offering comprehensive healthcare services across various specialties.
- Nad Al Sheba Health Center: Provides primary healthcare services and is easily accessible from Al Warisan.
Dining and Retail Options Near Warisan
Al Warisan offers a variety of dining and shopping experiences:
- Dragon Mart: A large shopping complex featuring a wide range of retail outlets, dining options, and entertainment facilities.
- Al Warisan Club: Offers international cuisine in a relaxed setting, popular among residents.
Recreational Facilities Near Warisan
The community provides several options for leisure and recreation:
- Dubai Safari Park: A nearby wildlife park home to diverse animal species, offering educational and recreational activities.
- Desert Palm Polo Club: Offers equestrian facilities and hosts polo events, providing a unique recreational experience.
Transportation and Connectivity Near Warisan
Al Warisan is well-connected through major roadways:
- Sheikh Mohammed Bin Zayed Road: Provides residents with easy access to other parts of Dubai, facilitating convenient commuting.
- Public Transportation: Bus services operate in the area, enhancing connectivity to the rest of the city.
In summary, Al Warisan offers a developing residential environment with access to essential amenities in nearby communities, making it a practical choice for individuals seeking affordable living options in Dubai.
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How to Find
The Best Properties For Sale in Warisan
Warisan offers a wide range of properties that cater to different budgets, tastes, and preferences. Finding the best property in this area involves understanding the local market trends, knowing your requirements, and using the right tools to make an informed decision. Here are some steps to follow when searching for the best properties in Warisan:
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