Properties for Sale in Dubai Healthcare City
Dubai Healthcare City Projects
About Dubai Healthcare City
Dubai Healthcare City is a free economic zone community (a freehold zone) and a sub-district of Bur Dubai. This project began in 2002 and is a creation of the prime minister of UAE and the ruler of Dubai Sheikh Mohammed Bin Rashid Al Maktoum. It was initially conceived as a center for medical research mixed with a wellness community.
Dubai Healthcare City is an internationally acclaimed center that attracts both medical providers and patients from all around the world. The district houses more than 120 medical facilities such as hospitals, clinics, research facilities, institutes, academies, universities, and schools aimed to attract professionals from all around the world.
Location and Transportation
Bur Dubai on the eastern side is a parent community situated nearby. Residents can reach Dubai International Airport in just 14 minutes. Metro and bus service are available.
Dubai Healthcare city doesn’t offer a lot in terms of residential housing. Most of the people who work or undergo medical procedures in DHC prefer to live in Bur Dubai (you can look for properties located there). However, a small number of apartments situated in residential buildings are available for rent and sale.
Most importantly, the area offers offices for rent and sale that are perfect for small private practitioners who want to open an independent operation. 1-4 bedroom flats are available.
- Offices - AED 3.8M
- Studio - AED 408k to AED 694k
- 1-bedroom apartment - AED 580k to AED 3M
- 2-bedroom apartment - AED 1.4M to AED 2M
- Other commercial property - AED 1M to AED 8.5M
Rent per Year
- 1-bedroom - AED 44,000
- 2-bedroom - AED 58,000
Average ROI is 3-4%. This is not a big sum, considering the district’s special orientation. However, medical organizations from around the world will find it a great space for cooperation and co-working.
Leading scientists come to Dubai Healthcare City to work on healthcare programs and develop new solutions. Major pharmaceutical ventures have offices here to sell, promote, and partner with other parent organizations. Because it is a free-hold economic zone, the companies are not weighted by the tax burden that is usually deducted from the companies.
Apartments come fully furnished with built-in kitchens, ready-made bathrooms, bedrooms, and floor plans of different configurations.
Like it was mentioned before, Dubai Healthcare City hosts a number of medical universities. Among them:
- Mohammed Bin Rashid University of Medicine and Health Sciences
- American University of Beirut Dubai
- European University College
Places of Worship
People of all faiths can head to the following churches and temples located close:
- Shiva Temple in Al Fahidi
- Al Majeed Mosque
- City Hill Church Dubai
- Masjid Al Waldean and Latifa Hospital Mosque
- St Mary’s Catholic Church Dubai
- King’s Revival Church International Dubai
- The Dubai City Church
All in all, DBC is a great place for people who come to UAE to undergo medical procedures, organize medical research, learn, open a private practice or do pharmaceutical business.