Off-plan projects in Dubai Internet City, Dubai

Why there is so little to buy here

Off-plan projects in Dubai Internet City amount to a couple of active launches, priced from around $300K with handover due in 2028. The reason for such a short list is the master plan: the free zone opened in the late 1990s as a business park for the technology sector, the land was allocated to office buildings, and housing was left with the margins. Demand is not the constraint here, available land is.

The district runs along Sheikh Zayed Road between Al Sufouh and Barsha Heights, next to Dubai Media City and Knowledge Park. Microsoft, Google and IBM are among the companies with regional offices inside it. A Red Line metro station carries the district’s name, the tram runs along Al Sufouh Road toward Palm Jumeirah, and the beach, Dubai Marina and Mall of the Emirates are all a few minutes’ drive away.

The current launches are low-rise apartment buildings from Palladium Development, the only developer building in the district, and they differ in delivery date and in payment terms. Booking deposits range from roughly a tenth of the price up to a quarter of it, the balance is paid in instalments tied to construction stages, and the final payment falls due at or near handover. Each project publishes its own schedule.

Two kinds of buyer end up in this category. Investors like a tenant base tied to employment: offices next door, salaries paid monthly, leases renewed regardless of season. End-users are usually people already working in the free zone or in Media City who would rather buy than keep paying rent on the same street. Gorilla Real Estate’s specialists follow how the few launches here price against Al Sufouh and Dubai Harbour and can say quickly whether a unit works better as a rental or as a home. Off-plan properties for sale in Dubai Internet City sit above and can be sorted by budget or delivery date.