Two communities have a solid argument with a discriminating buyer; both have drawbacks and a list of pros and cons. Meydan's blooming master plan, combined with large, modern living with perhaps a more affordable price per square foot, implicit in the promise of massive capital appreciation, makes it an irresistible prospect.
Downtown Dubai, in turn, is the ultimate dream of people who want to have ready access to all global icons, a walkable city lifestyle, and the best public transport connections to numerous places. However, it has the highest prices and living costs, the unavoidable hustle and bustle, and the in-or-out urban rush of a megacenter.
About Meydan Community
Meydan used to be a horse race track; however, recently, this neighbourhood has gained popularity as an integrated city in Dubai City Center that gives its residents a future-oriented and family-friendly metropolitan area. There is also a famous freehold residential area known as MBR City (Mohammed Bin Rashid Al Maktoum City), located in the centre of Meydan, an area of square feet.
Meydan community is one of the most exceptional areas, where a combination of community, commerce, tourism, and entertainment precincts has a variety of mixed-rise schemes. Being a buyer or an investor in the real estate business, you could select any type of residential house, such as apartments, studios, townhouses, or villas. Moreover, Meydan has extensive commercial construction.
Some of the best off-plan properties in Meydan recommended for you:
Off PlanStarting from AED 1,350,000
MAG D11
Meydan
Off PlanStarting from AED 20,000,000
Mira Villas by Bentley Home
Meydan
About Downtown Dubai Community
The most beautiful building in the world is Burj Khalifa, which is the lifeline of Dubai. It is one of the places with mixed usage, such that the best in attraction facilities and the top generation can be viewed to explore the unseen part of life. It is situated in Downtown Dubai, making it the soul of Dubai that lures people from every corner of the world to visit and invest in their real estate.
Downtown Dubai community is among the best places of residence for both locals and expats. Malls, restaurants, tourist attractions, and entertainment joints are some things in this city section. Besides commercial real estate and houses, one can also find many apartments for sale in Downtown Dubai.
Some of the best off-plan properties in Downtown Dubai recommended for you:
Off PlanStarting from AED 2,496,000
Damac Volta
Downtown Dubai
Off PlanStarting from AED 4,000,000
Trump Tower Dubai By Dar Global
Downtown Dubai
Let’s discuss the pros and cons of both communities to analyze which is better in terms of living and investment, so you can make the best decision.
Pros of Investing in Meydan
As you all know, Meydan is Sheikh Mohammed Bin Rashid Al Maktoum's extravagant dream. Hence, the advantages of living in Meydan are numerous, some of which are explained below.
1. Picturesque Location
Location is one of the greatest advantages of being a resident in Meydan because the master community is set close to Sheikh Mohammed Bin Zayed Road, Sheikh Zayed Road, Al Ain-Dubai Road, and Al Khail Road. It not only acts as one of the strongest forces behind healthy investments but also enables multidimensional connectivity with the rest of the city.
- Downtown Dubai: 10 minutes
- Dubai Creek: 10 minutes
- Dubai International Airport: 15 minutes
- Bur Dubai: 15 minutes
- Old Town: 12 minutes
2. High Capital Growth
Meydan City is becoming a home to very lucrative real estate investments. Due to its strategic location close to Downtown Dubai, Meydan City offers good capital appreciation. The real estate in this location is developed to suit high-income earners, and the luxury villas, townhouses, and apartments remain appealing to investors worldwide.
The anticipated ROI on residential properties of Meydan City is approximately 8% annually, which is considerably higher than in numerous other places.
3. Strong Investment Potential
The profile of Meydan City is unrivalled by investors. The demand for quality real estate in prime areas is increasing as Dubai proceeds to develop into a global hub. The properties of Meydan in terms of strategic location, high-quality facilities, and visionary construction will feature extremely high capital appreciation and rental returns.
The off-plan residential property in Meydan is also quite attractive, considering its competitive price and high yields. Investors have a hard time finding access to this robust market since developers also provide flexible payment schemes.
4. Sustainability and Green Living
It introduces environmentally friendly projects such as Sobha Hartland and Sobha Hartland 2 in its neighbourhood. This incorporation will be through green spaces, effective water management systems, and renewable energy solutions. Such attention to sustainability decreases the burden on the environment and improves residents' quality of life.
5. Lifestyle and Offerings
Even the best communities look at the major facilities and experiences that hover over their prospective communities, as buyers stand a chance of thinking about convenience and comfort before they decide to settle down in a house that they will live in or stay in for a lifetime. Due to the services, the districts in Meydan will be the finest place a home buyer will ever want to have a home in.
6. Dining and Shopping
Meydan also offers tourists a rich selection of fine dining, which serves international and local food. Whether you crave international cuisine or feel like getting acquainted with the Emirati classics, the restaurants in the area can provide you with plenty of mouth-watering experiences. For instance:
- Al Ain Way Restaurant and Cafeteria
- The Track Restaurant
- Shiba Restaurant.
- Chez Charles Restaurant.
- Farriers International Restaurant.
Cons of Investing in Meydan
The advantages of living in Meydan Dubai are numerous, but being honest with you, the cons of living in Meydan Dubai are minimal to mention here.
1. Still Under Construction
The Meydan district is yet to be completed in large portions. Therefore, if you want to have a hit-the-ground-running property immediately, you must wait. Nevertheless, it is still in active construction and is intended to be completed before the due date.
2. Lack of Public Transport
Meydan is not your thing, even when using public transportation, especially this time of the year. Under the Master Plan, this locality will enjoy a viable form of public transport that is easy to manage. Then you must wait again.
Pros of Investing in Downtown Dubai
The city of Burj Khalifa, Downtown Dubai, boasts a concentration of attractive landmarks and symbols, and visitors flock there worldwide. The developers of EMAAR real estate constructed the district to become the world's tourist hub. It is an ideal touring ground, but a good location to reside? Let’s explore the pros of living here:
1. Location
It is positioned within the Sheikh Zayed Road, with an excellent position between the business hub of DIFC (Dubai International Financial Centre) and Business Bay. Therefore, the commuting residents can reach Dubai's two central financial regions within 10 minutes.
2. Attractive Properties
Downtown Dubai is one of Emaar's initial projects, and it is well taken care of. The facilities in the property are as good as any comparison. Continuous attempts are made to enhance the infrastructural development of the area; every so often, new residential properties and attractions are opened.
Cons of Investing in Downtown Dubai
With all these advantages of living in Downtown Dubai mentioned, we have encountered a few challenges you may face.
1. Lack of Schools
One should not forget that there are no schools in the area at the present moment. This is a great place to have many nurseries for little ones, yet the closest schools are in Jumeirah and Oud Metha. That could be a factor considered by young parents.
2. Limited Options for Villas
Among the factors to consider when people relocate to Downtown Dubai is the fact that there is a dearth of villas in the region. There are not many options regarding a podium villa in The Residences, Imperial Avenue, and Old Town.
Let's Make a Final Decision!
The final decision seems to depend only on your lifestyle priorities between Meydan and Downtown Dubai. When you picture a clean, spacey, and modish place to live in, with considerable investment in future capital growth and potential prosperity in a developing master community, ideal and enough-with-green spots to take rest with the family and drivers, Meydan is the right choice, even though it is dependent on personal transport nowadays and under construction.
On the other hand, if one wants a dynamic, high-energy urban lifestyle with direct access to the world-famous landmarks, unrestrained entertainment, and significant motor transport connections, the choice is Downtown Dubai.
Although it is pricily set and indulges in the city's rhythmic liveliness, it provides the city with an iconic, walking lifestyle at the very centre of the busy city of Dubai. Both communities can guarantee a luxury experience, although there are differences in the desirable living in Dubai.
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