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Residential Plot for Sale in Dubai International Academic City – Ideal for Student Housing
Are you looking to invest in Dubai’s thriving education sector? This exceptional residential plot in Dubai International Academic City (DIAC) is perfectly positioned for a student housing development or residential apartment project.
Key Details of the Plot:
- Plot Area: 8,021.14 m² (86,338.83 ft²)
- Maximum GFA: 24,063.41 m² (259,016.39 ft²)
- Maximum Height: G+6
- Usage: Residential (Apartments)
- Price: AED 64,754,097.5
- Rate: AED 250 per sq.ft
Why Invest in Dubai International Academic City?
This specific plot is located near prestigious institutions such as:
- Manipal Academy of Higher Education – Dubai Campus Inspired by New York’s urban culture and academic excellence, Manipal Dubai is part of the “Institution of Eminence Deemed to be University” network, attracting thousands of students annually.
- High Occupancy Potential: Continuous demand from the student population ensures low vacancy rates.
- Stable Rental Returns: Generate steady, long-term rental income with minimal risk.
- Strategic Location: Easy access to Emirates Road and Academic City Road.
- Free Zone Benefits: 100% foreign ownership, no corporate tax, and full repatriation of profits.
- Modern Development Opportunity: Build co-living spaces, furnished studios, or shared apartments for students.
- Real estate developers seeking to enter Dubai’s educational accommodation market.
- Investors looking for land with high ROI potential.
- Institutions planning to build private dormitories or housing for faculty and students.
- Next to top-tier universities including Heriot-Watt, Amity University, and Murdoch University.
- Close to Silicon Oasis, International City, and Dubai Academic Road.
- 20 minutes to Downtown Dubai and 15 minutes to Dubai International Airport.