Dubai Production City (IMPZ) Real Estate Guide

About Dubai Production City (IMPZ)

Dubai Production City, formerly known as the International Media Production Zone (IMPZ), is a dynamic mixed-use development spanning approximately 43 million sq. ft. Designed to cater to media and production industries, it seamlessly integrates residential, commercial, and retail spaces, fostering a vibrant community for professionals and families alike.

Attractions and Things to Do

• City Centre Me'aisem: A popular shopping destination offering a variety of retail outlets, dining options, and entertainment facilities.
• Dubai Miracle Garden: Located nearby, this floral wonderland showcases over 50 million blooming flowers in stunning designs.
• Dubai Autodrome: A motorsport facility offering thrilling experiences, including karting and track days, just a short drive away.
• Global Village: A seasonal cultural and entertainment destination featuring pavilions from around the world, live performances, and international cuisines.

Subcommunities

Dubai Production City comprises several well-planned subcommunities, each offering unique living experiences:

• Midtown by Deyaar: A contemporary residential development featuring a mix of studio to three-bedroom apartments with modern amenities.
• Lago Vista: A trio of residential towers offering scenic lake views and a range of facilities.
• Centrium Towers: Four high-rise buildings providing spacious apartments and community amenities.
• Oakwood Residency: A mid-rise residential building known for its family-friendly environment and proximity to essential services.
• The Crescent: A cluster of three buildings offering a blend of comfort and convenience with various apartment configurations.

Price Insights (As of May 2025)

The real estate market in Dubai Production City remains attractive for both investors and residents:

• Studios: Starting from AED 310,000
• 1-Bedroom Apartments: Ranging between AED 350,000 to AED 1.4 million
• 2-Bedroom Apartments: Between AED 700,000 to AED 1.8 million
• 3-Bedroom Apartments: Up to AED 2.2 million

The average price per square foot is approximately AED 1,310, reflecting a steady demand in the area. Rental yields remain competitive, with studios and one-bedroom units offering attractive returns for investors.

Frequently Asked Questions (FAQ)

Is Dubai Production City a freehold area?

Yes, Dubai Production City offers freehold properties, allowing both UAE nationals and expatriates to own property outright.

What types of properties are available in Dubai Production City?

The area predominantly features apartments ranging from studios to three-bedroom units, catering to singles, couples, and families.

Are there schools and healthcare facilities nearby?

Yes, the community is in proximity to reputable schools and healthcare centers, ensuring residents have access to essential services.

How is the connectivity and transportation in the area?

Dubai Production City is well-connected through major road networks, and public transportation options are available, facilitating easy commutes to other parts of Dubai.

Is Dubai Production City suitable for investment?

Absolutely. With its strategic location, ongoing development, and competitive property prices, Dubai Production City presents a promising opportunity for real estate investors.