Dubai · Community Guide
Dubai Media City
Living in Dubai Media City
Dubai Media City is a prominent business and creative hub in Dubai, home to leading media, communications, advertising, marketing and technology companies. Located along Sheikh Zayed Road, the district provides a dynamic professional environment with modern office spaces, studios, co-working facilities, hotels, restaurants and cafés. The community benefits from its proximity to Dubai Internet City, Dubai Knowledge Park, Palm Jumeirah and Dubai Marina, making it a convenient location for professionals and businesses. Its well-connected setting also provides easy access to major roads and public transportation. Dubai Media City offers a blend of business, creativity, lifestyle and connectivity, making it an established destination for media professionals, entrepreneurs, companies and those seeking a vibrant urban environment in Dubai.
Market snapshot
- Average price
- AED 2.28M
- 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.