
Dubai Investments Park
Launch price
549,000 AED
Booking
Construction
Handover
Dubai Lagoon - Lotus offers apartments for sale in Dubai Investments Park, a residential complex by Schon Properties. Schon Properties launched the broader Dubai Lagoon development, which includes Lotus, in 2005, envisioning 53 mid-rise buildings with over 4,000 units. The Lotus component itself was planned to feature 8 low-rise buildings, offering studios, one- to four-bedroom apartments, and penthouses, with sizes from 400 to 4,400 sq ft. The project was designed around man-made lagoons and included underground basement parking. Despite initial phases selling out quickly and various attempts to restart construction, the Dubai Land Department marked the entire Dubai Lagoon project as "under cancellation" in October 2023. This status followed years of delays, with initial handovers promised as early as 2007 and later revised to June 2020 for Lotus. Located in Dubai Investments Park, the site is leasehold until 2095 and is near educational institutions like The International School of Choueifat DIP and Bright Riders School.
Starting price
591 /ft²
Current price
293 /ft²
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 1 May 2024 | 405,000 | Apartment | 1 B/R | 1,383 ft² | — | 293 |
1,383 ft²
—
293
A little more context
changes the read.
Showing 1 most recent sales transactions
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
The full spread,
reveals the bias.
| Building | Price per ft² | Construction | Handover | Developer | |
|---|---|---|---|---|---|
C10Schon Properties 342 AED/ft² 16.7% 90% | C10 | 342 AED/ft²16.7% | 90% | Q3 2018 | |
Verdana Residence 4Reportage Real Estate 1,028 AED/ft² 250.9% 0% | Verdana Residence 4 | 1,028 AED/ft²250.9% | 0% | Q4 2028 | |
Garden Apartments West Building GProperties Investment 1,106 AED/ft² 277.5% 100% | Garden Apartments West Building G | 1,106 AED/ft²277.5% | 100% | Q2 2004 | |
Northwest Apartments 8Properties Investment 859 AED/ft² 193.2% 100% | Northwest Apartments 8 | 859 AED/ft²193.2% | 100% | Q3 2017 | |
Garden Apartments West Building EProperties Investment 1,076 AED/ft² 267.2% 100% | Garden Apartments West Building E | 1,076 AED/ft²267.2% | 100% | Q2 2004 | |
The strongest comps
sit beyond the first pass.