North West Apartments 1, Dubai Investment Park First

North West Apartments 1 is a residential building in Dubai Investment Park First, Dubai, developed by Dubai Investments. It holds about 16 units: 1-bedroom apartments.

The building was completed in 2018 and has been in use for about 8 years. 6 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 695 per sq ft.

North West Apartments 1 is one of 82 buildings in Dubai Investment Park First: 19 are complete and 29 are still being built.

• A residential ready building
• Located in Dubai Investment Park First, Dubai
• Developed by Dubai Investments
• Completed in Q4 2018
• Unit types: 1 Bed
• Sizes from 930 to 1,080 sq ft
• Service charge from AED 15.21 per sq ft
• Dubai Investment Park metro station 0.9 km away

Status

Ready

Developer

Dubai Investments

Location

Dubai Investment Park First, Dubai

Completed

Q4 2018

Unit types

1 Bed

Prices from

AED 725.0K

Median price per sq ft

AED 695

Median gross yield

8.3%

Service charge

AED 15.21 per sq ft (2018)

Nearest metro

Dubai Investment Park, 0.9 km

Price ranges from the most recent registered sales, by unit type:

• 1-bedroom apartments: AED 480.0K to AED 1.3M (932 to 1,084 sq ft), across 20 sales

A recent 1-bedroom contract in North West Apartments 1 was let for AED 200.0K a year.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 200.0K a year (934 sq ft)

Every sale in North West Apartments 1Every rent contract in North West Apartments 1

The 2018 service charge in North West Apartments 1 is AED 15.21 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from North West Apartments 1 is Dubai Investment Park (red line, 0.9 km, about 11 min walk), then Jumeirah Golf Estates (red line, 1.9 km, about 6 min drive). Stations planned on new lines nearby include Jumeirah Golf Estates Interchange (golden line, 1.9 km, about 6 min drive) and Dubai Production City (golden line, 4.1 km, about 10 min drive).

• Dubai Investment ParkRed line · 0.9 km · about 11 min walk
• Jumeirah Golf Estates InterchangeGolden line · 1.9 km · about 6 min drive
• Jumeirah Golf EstatesRed line · 1.9 km · about 6 min drive
• Al FurjanRed line · 3.5 km · about 9 min drive
• Dubai Production CityGolden line · 4.1 km · about 10 min drive
• Discovery GardensRed line · 4.3 km · about 11 min drive

The closest is Spinneys / Green Community (Located in Emirates Road), 0.6 km from North West Apartments 1 (about 7 min walk).

• Spinneys / Green Community (Located in Emirates Road)Supermarket · 0.6 km · about 7 min walk
• Jumeirah Park Pavilion (Community Center)Shopping Mall · 4.7 km · about 11 min drive
• Ibn Batuta MallShopping Mall · 6.6 km · about 15 min drive
• GEANT Hypermarket / IBN Batuta MallSupermarket · 6.6 km · about 15 min drive
• Arena MallShopping Mall · 7.9 km · about 18 min drive

The closest is Grand Midwest Express Hotel, 6.3 km from North West Apartments 1 (about 15 min drive).

• Grand Midwest Express HotelHotel · 6.3 km · about 15 min drive
• Medlock VillasHotel · 7.4 km · about 17 min drive
• Radisson Royal Hotel DubaiHotel · 7.7 km · about 17 min drive
• Nassima Towers Hotel ApartmentsHotel · 7.8 km · about 18 min drive
• Gloria HotelHotel · 8 km · about 18 min drive

The closest is Jebel Ali Hospital, 5.9 km from North West Apartments 1 (about 14 min drive).

• Jebel Ali HospitalHospital · 5.9 km · about 14 min drive
• Cedars- Jebel Ali International HospitalHospital · 7.9 km · about 18 min drive

The nearest is Dove Green Private School L.L.C, 0.8 km away. Ratings are the KHDA's latest inspection grades.

• Dove Green Private School L.L.CUK · KHDA: Good · 0.8 km
• Durham School L.L.CUK · KHDA: Acceptable · 0.8 km
• Al Nibras International Private SchoolAmerican · KHDA: Good · 0.9 km
• Bright Riders SchoolIndian · KHDA: Good · 1.1 km
• The International School of Choueifat (Branch)SABIS (UK/US) · KHDA: Acceptable · 2 km
• Greenfield International SchoolInternational Baccalaureate · KHDA: Very good · 2.9 km

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