Arjan is a new residential enclave with peaceful streets, minimal noise, and no active car traffic. The neighborhood is ideal for families and those who choose to live away from the bustling center of Dubai.
and for a decent investment with a 5-6% annual return.
Arjan is a new neighborhood located at the intersection of Sheikh Mohammed Bin Zayed Road and Umm Suqeim Road. It adjoins Al Barsha South and is part of the Dubailand area.
Creation of the area began in 2006 and by 2020 there are 48 completed buildings and 37 under construction. Arjan features residential complexes, commercial buildings, entertainment venues and stores. The most popular places are Dubai Miracle Garden and Dubai Butterfly Garden. The closest neighboring areas are Dubai Motor City, Arabian Ranches, Jumeirah Village Circle and Al Barsha South. Arjan is dominated by low buildings and the streets are quiet with no noise and no heavy traffic.
The residential complexes of the new Arjan are the object of attention for long-term tenants and investors alike. Real estate for sale and rent in this area is characterized by affordable prices. Property in Arjan have freehold status. This means full ownership by investors from other countries. Construction of some of the properties of the Arjan area is not yet completed, and you can buy housing under the program off-plan. In this case, the deal takes place at the stage of construction or the project, and often at a better price.
Buying property in the area can be a lucrative investment for investors. The ROI on studios in Arjan has the highest rate of 6.0%. 2-bedroom apartments can yield 5.7%, while 3-bedroom or 1-bedroom apartments can yield 5.5% and 5.4%, respectively.