UAE Property Investment Forum

International City Dubai Covering almost 800 hectares (8 million sq m.), the International City project will contain studios, one and two bedroom apartment units and accommodate over 60,000 residents. With phase 1 already complete, the other phases are well underway. Are you a current owner of one of the units? Have you got any useful information to share with others? Are you considering an investment here? Whatever the issue, you can openly talk about International City here.

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corbin Offline
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Default International city phase 3 - 13-03-2007, 03:11 PM

Hi,

As far as I have seen many people are interested in IC Dubai. I am also intending to buy something from there. Has anybody bought any apartment from international city phase 3?
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kobe9820 Offline
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Default Re: International city phase 3 - 13-03-2007, 04:50 PM

I have not purchased anything in International City Phase 3 but have purchased a few in International City CBD District. What are the prices like in International City Phase 3? I am intending to sell some of my apartments in the CBD District. These are studios and 1 Bed apartments
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kyler Offline
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Default Re: International city phase 3 - 14-03-2007, 12:19 PM

Hello everyone,

what are prices like in the CBD, particularly commercial units. I have looked at the themed areas, but I am not sure whether there will be much business there. The CBD may be better for commercial activity.
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saul Offline
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Default Re: International city phase 3 - 14-03-2007, 12:56 PM

I think China Phase III has sold out from what I have heard. Prices per sq.ft were higher than in the rest of China, but smaller apartments were available, so a small studio apartment was being advertised by Gowealthy at 199,000 Dirhams (standard studios were 240,000 at the time). Certainly, they seem to have sold a lot quicker than the other parts of China so there must have been greater demand.
The Commercial Units are being sold at between 850-900 Dhirams per square feet. Residential units are being sold between 455 -475 Dhirams per square feet

How big were the studios that sold for 199,000 Dhirams. Seemed very good value for money
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