Dubai · Community Guide
Dubai Internet City
Living in Dubai Internet City
Dubai Internet City is a prominent technology and business hub in Dubai, located along Sheikh Zayed Road and forming part of the city’s wider commercial corridor. Established as a dedicated technology district, it brings together global technology companies, startups, media organisations, entrepreneurs and professional services within a well-connected business environment. The area offers a mix of modern office towers, hotels, restaurants, cafés, retail outlets and residential developments nearby, providing convenient options for professionals working in the district. Its location also places it close to Dubai Media City, Knowledge Park, Palm Jumeirah, Dubai Marina and Jumeirah. With direct access to Sheikh Zayed Road and Dubai Internet City Metro Station on the Dubai Metro Red Line, the district provides convenient connectivity to key business and lifestyle destinations across Dubai. Dubai Internet City combines technology, business, connectivity and urban convenience, making it one of Dubai’s established destinations for companies, professionals and modern residential living.
Market snapshot
- Average price
- AED 1.95M
- Gross rental yield
- 8%
- Emirate
- Dubai
Location
Common questions
Can foreigners buy property in Dubai?+
Yes. Non-residents and foreign nationals can buy freehold property in designated areas such as Downtown Dubai, Dubai Marina, Palm Jumeirah and most new master communities, with full ownership rights.
What fees do I pay when buying?+
Budget roughly 7–8% on top of the purchase price: 4% DLD transfer fee, about 2% agency commission plus VAT, trustee office fees, and mortgage registration of 0.25% if financing.
What is the minimum down payment for a mortgage?+
UAE residents typically need 20% down for properties under AED 5 million (30% above). Non-residents are usually asked for 40% or more, depending on the bank.
Can I get a mortgage as a non-resident?+
Yes, several UAE banks lend to non-residents, generally up to 50–60% of the property value with streamlined income documentation.
What does off-plan mean?+
Off-plan property is bought directly from a developer before construction is complete, usually on a staged payment plan linked to construction milestones and secured through a DLD-regulated escrow account.