ABOUT

NEIGHBORHOOD

TRANSPORTATION

EDUCATION

SOCIAL AND CULTURAL FACILITIES

COST OF LIVING

OVERVIEW

REAL ESTATE MARKET

TYPES OF HOUSING

About Al Rashidiya

Al Rashidiya, nestled south of Dubai's bustling airport in the heart of Deira, offers a unique blend of tradition and modern convenience. This charming locality, often simply called Rashidiya, is known for its mix of family-friendly villas, bustling government offices, and convenient transport links. Whether you're seeking a glimpse into old Dubai's soul or a well-connected base for exploring the city's vibrant tapestry, Al Rashidiya promises an authentic and enriching experience.

IN A NUTSHELL:

• Home to a number of businesses and shops, including the Al Rashidiya Mosque and the Rashidiya Fish Market
• Well-connected to the rest of Dubai by public transport, including the metro, buses, and taxis
• A number of hotels and apartments in the area to suit all budgets
• Home to a number of family-friendly attractions, including the Dubai Aquarium & Underwater Zoo and the Mushrif Park
• Located on the banks of the historic Dubai Creek, which is a popular spot for traditional dhow cruise

Some of the key attractions in Al Rashidiya include:

• Dubai Public Library: This library has a large collection of books, magazines, and newspapers in both Arabic and English. It also offers a variety of programs and events for all ages. 
• Rashidiya Park: This large park is a popular spot for picnicking, jogging, and playing sports. It also has a children's playground, a swimming pool, and a skate park. 
• Dubai Municipality Center: This impressive building houses a number of government offices, as well as a museum and a library. 
• Mushrif Park: This sprawling park is home to a variety of plants and animals, including a lake, a butterfly garden, and a children's zoo.

Transportation

Al Rashidiya has an extensive and varied transit system that makes it simple for both locals and visitors to get around. The Rashidiya Metro Station, a significant Red Line interchange that quickly connects you to other lines and allows you to go throughout the city, is the jewel in the crown. In addition to the metro, a robust bus system covers the region, stopping at multiple locations such as Park 1 and Rashidiya Shopping Center. For on-demand transportation, taxis are easily accessible, but ride-hailing applications provide practical substitutes. Cycling trails meander across the district, providing an opportunity for a scenic and healthful adventure for anyone in need of some outdoor air. Whether you're a visitor taking in Dubai's colorful tapestry or a local running chores, Al Rashidiya's transportation options guarantee a seamless and connected trip.

Education

Al Rashidiya has a thriving school system that can accommodate different budgets and needs. Families have a wide range of possibilities, from elite British schools like PACE Modern British School to more reasonably priced ones like Bright Learners Private School, which follows an American curriculum. While PACE concentrates on developing global citizens, Bright Learners stresses holistic learning with its sports hall, padel courts, and pool. Furthermore, younger children are served by nurseries and smaller learning institutions, which contribute to the development of a comprehensive educational environment in the neighborhood. Although there isn't much information available about other schools in the neighborhood, Al Rashidiya seems to have a promising curriculum, modern facilities, and affordable options.

Social and Cultural Facilities

Al Rashidiya has a thriving school system that can accommodate different budgets and needs. Families have a wide range of possibilities, from elite British schools like PACE Modern British School to more reasonably priced ones like Bright Learners Private School, which follows an American curriculum. While PACE concentrates on developing global citizens, Bright Learners stresses holistic learning with its sports hall, padel courts, and pool. Furthermore, younger children are served by nurseries and smaller learning institutions, which contribute to the development of a comprehensive educational environment in the neighborhood. Although there isn't much information available about other schools in the neighborhood, Al Rashidiya seems to have a promising curriculum, modern facilities, and affordable options.

Cost of Living

In Dubai's residential scene, Al Rashidiya provides a balance between affordability and convenience. It isn't the most affordable choice, but it is less expensive than several well-known locations. The largest expense you should anticipate is rent in Al Rashidiya; studio flats typically start at AED 16,500 per year, while larger villas can cost up to AED 148,000. Depending on your lifestyle, grocery and dining alternatives differ, however there are local options that offer both finer restaurants and more affordable options. You pay for your selected means of transportation at the end, and the cost of utilities is fairly inexpensive. When compared to Dubai's more ostentatious districts, Al Rashidiya appeals to people looking for a cozy and affordable living without going overboard. Keep in mind that certain expenses can differ significantly based on your size, tastes, and way of life.

Vartur Real Estate's committed services make it simple for clients to find their dream houses among Al Rashidiya's excellent properties.

Overview

Nestled just south of the bustling Dubai International Airport lies Al Rashidiya, a community steeped in both history and modern charm. This established neighborhood, often simply called Rashidiya, boasts tranquil villas housing Emirati and expat families, offering a peaceful escape from the city's vibrancy. Within its borders, you'll find lush parks like Al Rashidiya Park, inviting you to relax amidst greenery, while the Dubai Public Library beckons bookworms with its vast collection. Whether seeking shopping therapy at Bin Sougat Center or cultural immersion at the majestic Rashidiya Grand Mosque, Al Rashidiya offers a blend of serenity and diverse experiences, making it a hidden gem within the heart of Dubai.

Real Estate Market

Housing and rental prices

Al Rashidiya accommodates a variety of spending plans and lifestyles by providing a choice of dwelling options and rental costs. Though often thought to be less expensive than central Dubai, it nonetheless features opulent homes and contemporary apartments. Larger flats in Al Rashidiya can cost up to AED 72,999 annually, while studios start at about AED 36,999. Private pool detached villas can rent for more than AED 300,000 a year. Remember that property costs in Al Rashidiya can change depending on things like size, features, and how close you are to important landmarks. There are discounts available, as seen by recent transactions, where studios as little as AED 6,500 and large 3-bedroom flats going for AED 60,000. All things considered, Al Rashidiya is a desirable choice for tenants looking for a modern, affordable place to live in Dubai.

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

The property market of Al Rashidiya neighborhood has had a generally positive trajectory in recent years, with ups and downs as well as a sustained increasing tendency. In contrast to the skyrocketing costs of desirable locations, growth has been more gradual. Moderate rises in apartment rents in Al Rashidiya have been observed, especially in newer constructions that provide modern facilities. Older structures, however, have stabilized or experienced small reductions. Similar trends have been seen in sales pricing, with older units continuing to be more reasonably priced and newer units seeing greater demand and appreciation.

This pattern has been impacted by several variables. Accessibility has been improved by upgraded infrastructure, notably the forthcoming Dubai Metro expansion. Residents looking for a more tranquil lifestyle are drawn to the neighborhood by its well-established amenities and family-friendly ambiance. The distance from important business districts and competition from more recent buildings in the neighborhood, however, have slowed the rate of expansion. Looking ahead, Al Rashidiya's real estate market is likely to continue its moderate rising trajectory. Demand may increase in response to future government efforts and the completion of infrastructural projects. Sustained growth, however, will depend on tackling competition and keeping prices reasonable.

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

Here is a list of the most popular and valuable areas in Al Rashidiya:

International City: This is a large mixed-use development that is home to a large population of expats from South Asia. It is known for its affordable housing and lively atmosphere.

The Dubai Festival City: This is a large mixed-use development that is home to a number of shops, restaurants, and entertainment venues. The development is also home to the IKEA Festival City, the first IKEA store in the Middle East.

Dubai Creek Golf & Yacht Club: This is a prestigious golf course and yacht club that is located on the banks of the Dubai Creek. The club is a popular spot for socializing and networking.

Types of Housing

You'll find these types of housing in Al Rashidiya:

Apartments: These are the most common type of properties in Al Rashidiya, and you'll find a variety of sizes and styles to choose from, from studios to spacious family-friendly units. Many apartments in Al Rashidiya are located in high-rise buildings with modern amenities, like swimming pools, gyms, and concierge services.

Villas: If you're looking for more space and privacy, a villa might be a good option for you. Villas in Al Rashidiya are typically large and luxurious, with private gardens and swimming pools. They're perfect for families or those who want to entertain guests.

Townhouses: Townhouses are a good compromise between apartments and villas. They offer more space than apartments, but they're typically not as large or expensive as villas. Townhouses in Al Rashidiya are often located in gated communities with shared amenities, like parks and playgrounds.

Navigating the Al Rashidiya real estate market becomes a smooth and satisfying experience with Vartur Real Estate's customized strategy and large listing database.