A19Dubai Investments Park
262,000 AEDstarting
699 AED/ft²
Delivery Date: Q3 2020
55%On Sale
A19
Dubai Investments Park
Studio, 1 - 3 BedsApartment
Launch price
262,000 AED
Booking
-
Booking
Construction
-
Construction
Handover
-
Handover
Local Information
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Description
Dubai Lagoon Lily was an off-plan residential project in Dubai Lagoon, Dubai Investment Park, planned by Xanadu Real Estate Development to feature 688 apartments. Originally part of the larger Dubai Lagoon master development launched by Schon Properties in 2005, the Lily Zone's construction began in January 2009. The project was designed to include studio, one, two, three, and four-bedroom apartments within mid-rise buildings. Xanadu Real Estate Development took over the Lily Zone in 2017, with an estimated handover date of September 2020. However, the Dubai Land Department marked the broader Dubai Lagoon project, including Lily Zone, as "under cancellation" in late 2023 after significant delays. Construction has largely stalled, leaving many investors in uncertainty regarding their investments. The development is situated near the Dubai Investment Park Metro Station and offers access to Sheikh Zayed Road. Nearby educational facilities include Bright Riders School Dubai and The International School of Choueifat DIP.
Price Analysis for A19
Apartment
Studio
1%
220 units
368 – 906 ft²
No market history available yet
Starting price
262K
699 /ft²
Current price
351K
704 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
What's Available for A19
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FAQ
A19 is a building situated in the Dubai Lagoon Lily sub-community, which is part of the larger Dubai Lagoon development in Dubai Investments Park 1. This area is a mixed-use, freehold community that allows investors of all nationalities to own property.
Xanadu Real Estate Development was appointed by the Dubai Land Department and the Real Estate Regulatory Agency (RERA) to complete the Lily Zone project, which includes A19. The developer took over the project following initial construction delays experienced by the original developer.
The building suits investors looking for opportunities in a freehold area that has historically shown high rental yield potential, reaching up to 11.9% in the Dubai Investments Park area. It also attracts budget-conscious tenants and families who prioritize proximity to the industrial and commercial hubs of DIP 1.
The Dubai Investment Park Metro Station, located in the Green Community, serves as the primary rail link for the area on the Red Line's Route 2020 extension. Additionally, local bus routes such as F51 provide direct feeder connections between the metro station and various points within Dubai Investments Park 1.
