Dubai Science Park

ABOUT

NEIGHBORHOOD

TRANSPORTATION

EDUCATION

SOCIAL AND CULTURAL FACILITIES

COST OF LIVING

OVERVIEW

REAL ESTATE MARKET

TYPES OF HOUSING

About Dubai Science Park

Nestled within the vibrant city of Dubai, Dubai Science Park stands as a testament to the region's commitment to scientific advancement and technological innovation. This free zone, established in 2005, has rapidly transformed itself into a thriving hub for life sciences, healthcare, energy, and environmental technologies, attracting leading companies and research institutions from all corners of the globe.

With its state-of-the-art infrastructure, including cutting-edge laboratories, business centers, and dedicated research facilities, Dubai Science Park provides an ideal environment for scientists, entrepreneurs, and investors to collaborate, develop groundbreaking solutions, and contribute to the region's economic diversification. The park offers a unique blend of business-friendly regulations, world-class amenities, and a supportive ecosystem, making it a magnet for talent and a driving force behind Dubai's transformation into a knowledge-based economy.

Beyond its scientific focus, Dubai Science Park also fosters a dynamic and diverse community. Residents and visitors can enjoy a wide range of lifestyle options, including restaurants, cafes, retail outlets, and recreational facilities, all within the park's landscaped grounds at Dubai properties in the district. This vibrant community spirit further enhances Dubai Science Park's appeal, making it a truly unique and compelling destination for those seeking to be a part of the region's exciting growth story.

IN A NUTSHELL:

• Home to numerous pharmaceutical, biotechnology, and medical device companies
• A focus on sustainability and renewable energy
• An exceptional hub for technology companies
• Companies specializing in materials science and engineering
• Modern laboratory facilities, offices, and residential spaces
• Situated near Dubai International Airport and major highways
• Access to funding, incubation programs, and a network of investors, researchers, and entrepreneurs

Dubai Science Park is a vibrant community that offers a variety of attractions for visitors of all ages. 

• One of the most popular attractions in Dubai Science Park is the DEWA Innovation Centre. The center offers a variety of interactive exhibits that explore the science and technology behind electricity and water. Visitors can learn about the history of electricity, how it is generated and distributed, and how it is used in our everyday lives.
• Another popular attraction in Dubai Science Park is the Green Escape Park. The park is a great place to relax and enjoy the outdoors. Visitors can take a walk or bike ride on the park's trails, or have a picnic in one of the many shaded areas. 
• For those who are looking for a more active experience, Dubai Science Park is home to a number of sports courts. Visitors can play basketball, tennis, or volleyball on the park's courts. The park also features a skate park and a BMX track.
• In addition to its educational and recreational facilities, Dubai Science Park is also home to a number of restaurants and cafes. Visitors can enjoy a variety of cuisines at the park's restaurants, or grab a quick bite to eat at one of the cafes.

Transportation

Although Dubai Science Park doesn't have its own metro station, it's well-connected by other transportation options. Public buses provide a convenient and cost-effective way to reach the park. The nearest metro stations are the Mall of the Emirates and Dubai Internet City Metro Station on the Red Line, about a 15-minute drive away. Taxis are readily available, and the park is easily accessible by car via major roads like Umm Suqeim, Sheikh Zayed, and Sheikh Mohammad Bin Zayed roads. 

Education

Dubai Science Park, while primarily focused on scientific research and development, also boasts a strong emphasis on education. Although it doesn't have its own dedicated schools within the park itself, it is conveniently located near several high-quality educational institutions. This includes five British curriculum schools within five kilometers, such as the highly-rated Brighton College Dubai and Repton School Al Barsha. Additionally, two Indian curriculum schools, Credence High School and GEMS New Millennium School, are also within close proximity.

Social and Cultural Facilities

Dubai Science Park is home to a variety of social and cultural facilities that cater to the needs of its residents and employees. These facilities include a community center, a sports complex, and a variety of restaurants and cafes.

The community center offers a variety of programs and services for residents of all ages. These programs include fitness classes, arts and crafts workshops, and educational seminars. The sports complex features a swimming pool, a gym, and a variety of tennis courts and basketball courts. The restaurants and cafes offer a wide range of cuisines, from traditional Emirati fare to international cuisine.

In addition to these facilities, Dubai Science Park also hosts a number of cultural events throughout the year. These events include art exhibitions, music festivals, and film screenings. These events provide residents with the opportunity to experience the rich culture of Dubai.

Cost of Living

Dubai Science Park offers a relatively affordable cost of living compared to other Dubai areas. While still higher than the global average, the cost of renting apartments ranges from AED 23.5k for studios to AED 160k for spacious villas in Dubai Science Park. Purchasing property is also accessible, with studio apartments starting at AED 430k and 1-bedroom apartments around AED 680k. Service charges vary depending on the specific building and offered amenities but are generally within a reasonable range. Overall, Dubai Science Park provides a comfortable and cost-effective living environment for individuals and families seeking a modern and peaceful community within close proximity to Dubai's attractions.

Overview

Dubai Science Park is strategically situated in Al Barsha South, making it easily accessible from major transportation routes like Umm Suqeim, Sheikh Zayed, and Sheikh Mohammed Bin Zayed roads. This location offers several advantages:

• Proximity to key business hubs
• Easy access to public transportation
• Accessibility for international travelers
• Peaceful and green environment

Real Estate Market

Housing and rental prices

Dubai Science Park offers a variety of housing options, from studios to villas, with rental prices varying depending on size, location, and amenities. While the average price for a 1-bedroom apartment falls around AED 55,000 per year, expect to pay slightly more for the convenience of a maid's room or a trendy location like Bella Rose. 2-bedroom apartments in Dubai Science Park tend to range between AED 70,000 and AED 75,000 annually, while villas can reach upwards of AED 360,000 per year. Keep in mind that these are just averages, and you can find deals both above and below these ranges depending on your specific needs and preferences.

With its experienced team and effective solutions, Vartur Real Estate provides the most suitable alternatives for your expectations and budget.

What has been the district property price trend in recent years? What are the predictions for the future of this trend?

Dubai Science Park has seen a significant surge in property demand and value in recent years, driven by several factors. The focus on innovation and technology in the country has attracted numerous businesses and research institutions to the area. This has led to an increase in demand for residential and commercial properties, driving up prices. 

Additionally, the completion of several major infrastructure projects, including the Dubai Metro extension and the Mohammed bin Rashid Al Maktoum International Airport expansion, has improved connectivity to Dubai Science Park, making it a more attractive location for residents and businesses. Furthermore, the development of new amenities and leisure facilities within the community, such as parks, schools, and retail outlets, has further enhanced its appeal. As a result, property values in Dubai Science Park have witnessed steady growth, making it a lucrative investment opportunity for many.

Which are the most popular and valuable areas in the district?

Here are some popular and valuable areas nearby:

Motor City: A popular residential and leisure community, known for its motorsports circuit and various entertainment options.

Al Barsha: A diverse neighborhood with a mix of residential, commercial, and retail developments.

Mall of the Emirates: A major shopping mall with over 500 stores, restaurants, and entertainment venues.

Dubai International Airport: The world's busiest airport by international passenger traffic.

Types of Housing

Dubai Science Park offers a variety of apartment options to suit different needs and budgets. The most common types of apartments are studios, 1-bedroom, 2-bedroom, and 3-bedroom. Most buildings have high-speed elevators, basement parking, a swimming pool, and 24-hour security. In addition to apartments, there is also a limited number of villas available in Dubai Science Park. Prices for apartments in Dubai Science Park vary depending on the size, location, and amenities of the building. However, they are generally considered to be more affordable than apartments in other parts of Dubai.

With Vartur Real Estate, you can easily find the house you desire in this wonderful location and start living with your loved ones.