A23Dubai Investments Park
307,000 AEDstarting
417 AED/ft²
Delivery Date: Q3 2020
55%On Sale
A23
Dubai Investments Park
Studio, 1 - 4 BedsApartment
Launch price
307,000 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 A23
Apartment
Studio
76%
220 units
368 – 906 ft²
No market history available yet
Starting price
307K
417 /ft²
Current price
408K
735 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
What's Available for A23
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FAQ
A23 is part of the Dubai Lagoon development, which is situated within Dubai Investments Park (DIP). This area is a mixed-use freehold community that combines residential, commercial, and industrial zones.
Xanadu Real Estate Development is the developer responsible for A23 and other residential components within the Dubai Lagoon project. The company acquired these project phases from Schon Properties in 2017 to facilitate their completion.
The Dubai Investment Park Metro Station, located on the Red Line's Route 2020 extension, serves the community. Residents can utilize feeder bus services such as the F46, F47, F48, F50, and F51 to connect between their building and the station.
The building suits investors and end-users looking for property in a freehold area that balances industrial and residential zones. The project's location in Dubai Investments Park offers proximity to major road networks like the E311 and access to regional infrastructure.
