Affordable real estate: Is Expo City Dubai’s latest affordable neighborhood?

The Allsopp & Allsopp Dubai Property Market Report for Q3 2024 is now availableRead the report

Wednesday 26 April 2023Wednesday 26 April 2023
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Affordable real estate: Is Expo City Dubai’s latest affordable neighborhood?

As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down.

Affordable real estate: Is Expo City Dubai’s latest affordable neighborhood?

If you're looking for an affordable home in Dubai, Expo City is quickly becoming the place to be. Giving more established areas, like Jumeirah Village Circle and Al Furjan, a run for their money.

The Mangrove Residences at Expo City, are offering one-bedrooms between Dh1.39-Dh1.59 million, and two-bedrooms for Dh2.05 million to Dh2.55 million. Plus, as a buyer you can also take advantage of a seven-year payment plan, with five years being post-handover.

Expo City is being heavily hotlisted as the newest place to live and work in Dubai. The Mangrove Residences are just the beginning, and future releases will likely see even more premium added! The off plan launches are all being done in phases and according to Ahmed Al Khatib, Chief Development and Delivery Officer of Expo City Dubai, the payment plans are set to be quite affordable. Buyers only need to pay 50% of the cost before handover, with the remaining amount paid over the next five years.

With all this attention on Expo City, the wider Dubai South area also seems to be benefiting, with a new hub of residential developments on the horizon! All with a wide range of offerings, for both investors and end-users.

Exciting times ahead!

Should you have any questions about this and other off plan projects contact the off-plan team here.

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