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DIC 5, Dubai Internet City

DIC 5, Dubai Internet City

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Dubai Internet City, Dubai

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Strengths

Prime Location

Modern Amenities

Eco-Friendly Design

Weakens

High Rental Prices

Traffic Congestion

Limited Parking Space

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Buildign Overview

Summary

  • DIC 5 is a prime commercial property situated in the heart of Dubai Internet City, a thriving IT and tech hub.
  • The building is strategically located near major highways, providing easy access to Dubai Marina, Jumeirah, and other key districts.
  • Nearby landmarks include the American University in Dubai, and the Mall of the Emirates, enhancing convenience for tenants and visitors.
  • DIC 5 stands out among neighboring buildings for its modern architecture and state-of-the-art facilities.

Properties Overview

  • The building offers a mix of office spaces and commercial units for rent and sale, catering to various business needs.
  • Popular rental options include fully-furnished offices, typically ranging from 800 to 1,500 square feet.
  • Rental prices average around AED 85 to AED 120 per square foot, while sale prices can vary significantly based on unit size and location.

Market Trends

  • The real estate market in Dubai Internet City has shown steady growth, with a year-on-year increase in rental rates by approximately 7%.
  • Sales trends indicate a rising demand for commercial properties, as businesses seek to establish a presence in this bustling area.
  • Investors can expect a solid return on investment (ROI), averaging around 8%, driven by the popularity of the tech sector.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The vicinity is well-served by supermarkets, schools, and healthcare facilities such as clinics and hospitals, ensuring convenience for both employees and businesses.
  • Notable schools include the GEMS Dubai American Academy and the British University in Dubai, supporting educational needs.

Transportation and Accessibility

  • The property benefits from excellent public transportation links, including the Dubai Metro and bus services.
  • Abundant parking spaces are available for tenants and visitors, enhancing accessibility.

Lifestyle Amenities

  • A variety of lifestyle amenities are within arm's reach, including gyms, restaurants, and cafes that cater to diverse tastes.
  • Outdoor spaces and recreational facilities, such as parks and cycling tracks, promote a balanced work-life environment.

Builing Facilities

  • DIC 5 features modern elevators, 24/7 security systems, and centralized air conditioning to meet the needs of businesses.
  • Comprehensive maintenance services are available to ensure smooth operations.

Special Services

  • Additional services include concierge support, guest reception areas, and equipped business centers to facilitate corporate activities.
  • Unique amenities may include communal lounge areas and rooftop spaces for relaxation and networking.

Planning Your Move or Investment

Floor Plans and Property Types

  • DIC 5 provides various floor plans suitable for startups to established companies, with flexible space configurations available.
  • Options include open-plan offices, private suites, and collaborative spaces tailored to enhance productivity.

Things to Consider

  • Before moving or investing, consider proximity to transportation, amenities, and the overall business environment.
  • Evaluate the suitability of the space for your operational needs and budget.

Useful FAQs and Support

Events and Building Life

Building Events

  • DIC 5 hosts regular events such as networking gatherings, workshops, and tech talks that foster community engagement.
  • Opportunities for collaboration and innovation are encouraged through organized meetups.

Community Identity

  • The building's vibrant atmosphere and focus on technology and innovation create a unique identity in Dubai's competitive landscape.
  • Cultural and recreational events throughout the year enhance the sense of community among tenants.

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Detailed Buiding Insights

1. Family Friendliness

DIC 5 offers various family-friendly amenities such as parks and recreational areas, but the primary focus on business may limit specific family-oriented activities.

Moderately Welcoming

2. Living Options

The area features a mix of modern apartments and offices, catering to professionals and families alike, with options for varying budgets.

Diverse and Modern

3. Safety And Security

DIC 5 benefits from strong security measures including surveillance and a dedicated security team, contributing to a generally safe environment.

Highly Secure

4. Transportation

Well-connected through public transport and major roadways, making commuting to and from the area efficient for residents and workers.

Conveniently Accessible

5. Amenities And Facilities

The community boasts a range of amenities such as cafes, gyms, and coworking spaces, enhancing the lifestyle of residents and professionals.

Well-Equipped

6. Cost Of Living

While the area provides a premium living experience, the cost of housing and everyday expenses can be above the average in Dubai.

Relatively High

7. Things To Do

DIC 5 has a selection of dining and entertainment options, but lacks some variety compared to more tourist-centric areas of Dubai.

Moderately Diverse

8. Noise Levels

Though the area is bustling with businesses, residential sectors maintain a quieter atmosphere, especially in the evenings.

Generally Quiet

9. Pet Friendliness

While there are parks for pets, certain residential complexes may have restrictions, limiting options for pet owners.

Welcoming

Schools

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Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Building Type: Commercial

Unit Types : Fitted offices

Floors: 4

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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