Many people prioritize living close to a metro station in Dubai, not only for transportation and convenience but also for the liveliness it brings to the neighborhood. The new route 2020 metro line now serves new and more communities that were considered inconveniently far before, and dubizzle highlights the hottest and most sought after of these communities.
With stations in five key areas, the 15-kilometer long metro extension is designed to cover populated areas in the city and make the commute for residents and visitors easier. The Route 2020 is set to be completed before the EXPO 2020 kicks off in October this year. Out of these five areas, dubizzle discovered that Discovery Gardens, Dubai Investment Park and Jumeirah Golf Estates to be the most popular residential communities in 2019 – 2020.
Discovery Gardens
The community’s close proximity to some of Dubai’s major business and economic centers, including Dubai Internet City, Dubai Media City, Dubai Metal and Commodities Centre, and Ibn Battuta Mall, makes it ideally located for business and leisure. Given the closest access to the current metro line, Discovery Gardens was the most sought-after community among tenants. It contains more than 26,000 ‘affordable’ studios and one- and two-bedroom apartments. Renting a 1-bedroom apartment in the community has become more affordable throughout the year with rents softening by 8% and 5% for 2- bedroom apartments in 2019. Currently, prices averaging at
- AED 46,000 for 1-bedroom apartments.
- AED 76,000 for 2-bedroom apartments.
Dubai Investment Park
While access via public transport is limited at the moment, the community is self-contained, with a blend of commercial, residential, industrial and recreational areas. Within DIP there are five schools, tennis and squash courts, and an amphitheater for open-air concerts, plays, and other events.
The residential community in Dubai Investment Park has become increasingly affordable. The communities offer a range of options including villas, townhouses, apartments, and studios. However, prices for 1-and 2-bedroom apartments, in particular, saw a softening by 18% and 14% respectively through 2019. Currently, prices averaging at
- AED 43,000 for 1-bedroom apartments.
- AED 60,000 for 2-bedroom apartments.
Jumeirah Golf Estates
With stunning views of the award-winning Fire and Earth golf courses, breathtaking landscaping, and five lakes, property for rent-seekers looking for accommodations that will provide them easy access to Dubai’s business hubs and iconic neighborhoods consider Jumeirah Golf Estates paradise. The luxury residential golf community is located close to the EXPO 2020 site and Al Maktoum International airport and was the third most popular area along the new metro line. Rents for 1- and 2-bedroom apartments in the community softened by 5% and 11% respectively throughout 2019. Currently, prices averaging at
- AED 52,000 for 1-bedroom apartments.
- AED 80,000 for 2-bedroom apartments.