Properties For Sale in Dubai Studio City

Studio City is the Arabian Hollywood, compactly situated on a 2-square-kilometer area between Sheikh Zayed Road and Al Sufouh Road. Construction began almost immediately after the approval of the project's master plan in 2007.

Branches of foreign companies operating here are exempt from taxes, which is a significant argument in favor of relocating teams and opening filming pavilions and recording studios in the emirate. According to the developer's initial idea, the area is intended to become a center for film production and related creative industries. To attract investments, the territory was even made a free economic zone.

There is not much residential real estate in Studio City; commercial properties dominate, including office buildings, shopping centers, and hotel complexes. As the project develops, it becomes increasingly appealing to companies from the ente

A significant portion of the companies' investments in Studio City's real estate are allocated to office spaces. While the area is still under construction, it is possible to purchase office spaces in business centers at a relatively low price to equip coworking spaces for remote workers and freelancers.

The sale of residential real estate in the future film production center is not as active as the commercial sector. Nevertheless, it is still possible to buy apartments in one of the few nearly completed residential towers at a relatively low cost. At the off-plan sales stage in May 2023, a two-bedroom apartment with a parking space in the underground garage is priced at only $367,847 / AED 1,350,000. A studio in the same multi-story building by developer Azizi is priced at $159,401 / AED 585,000.

Investing in Property in Dubai Studio City

While property prices in Studio City remain affordable compared to neighboring communities, this place can be considered promising for housing investments up to $500,000. It is unlikely that there will be another opportunity in the future to buy apartments for the prices they are currently available for sale. When local concert venues, amphitheaters, recording studios, and other facilities start operating fully, property prices in Studio City will inevitably rise. A studio that can now be purchased for less than $200,000 may cost up to twice as much in a year.

Buying Real Estate in Studio City with Space 8 Estate

Space 8 Estate has compiled the best properties available for sale in the towers of Studio City in Dubai. Contact us, and our agent will assist you in finding the optimal investment scheme.