Bed4
7
8,218 sq.ft
AED 11,500,000
Bed2
2
2,651 sq.ft
AED 2,350,000
Al Rashidiya is an established residential area east of the creek, next to Dubai International Airport and Dubai Festival City, with its own station on the red metro line. It is one of the more practical addresses in old Dubai.
The area is mostly low rise: villas, older apartment blocks and family compounds, with a long settled resident population rather than a transient one.
People working at or around the airport, in Festival City, Deira or along the red line, who want to be close in without paying central tower rents. The metro station is the single biggest practical advantage: it puts Deira, Bur Dubai and Downtown within a direct ride.
It suits people looking for a new build with a gym and pool less well. This is an older, quieter, residential area.
Freehold options are limited in this part of Dubai, so buyers drawn by the location usually compare it with Al Jaddaf, which is freehold, newer and a similar distance from the centre. If rental yield close to the airport is the objective, that is the practical alternative.
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TRPE Real Estate is a company registered in Dubai, United Arab Emirates. Trade License No. 999314 · RERA ORN 28357 · Office 1201, Ascott Park Place, Sheikh Zayed Road, Dubai. Regulated by the Real Estate Regulatory Agency (RERA).