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Dubai Science Park

Development guide

ABOUT DUBAI SCIENCE PARK

Located in Al Barsha South, Dubai Science Park (DSP) is best known as a business community serving the science sector and supporting small-to-medium enterprises (SMEs) and multinational companies. It is a science-focused hub housing over 350 companies and employing over 3,600 professionals related to the science, energy and environmental sectors. It is the region’s first strategically planned science community. Apart from commercial properties, the area houses many residential apartment complexes offering units for rent and sale.

IN A NUTSHELL

Located along Umm Suqeim Road (D63)

A part of Al Barsha South in Dubai

Developed by TECOM Group

Provides a holistic environment to serve the science sector

Offers plenty of apartments for rent and sale

COMMUNITY OVERVIEW

Apart from commercial spaces, the area has numerous residential options that are best suited for those employed in Dubai Science Park. The district offers excellent facilities for both commercial and residential property owners. Since it is ever-evolving to accommodate the growing demand for science and innovation, Dubai Science Park will soon become self-sustainable.

Properties in DSP mainly include apartments in high-rise complexes. Most apartments on offer are concentrated in Montrose Residence. Another option would be the off-plan Bella Rose complex which offers apartments for sale. Both projects are developed by Deyaar Property.

As per the user-generated views on our website, the most popular building in Dubai Science Park is Montrose Residence. Developed by Deyaar, it has two private towers and one hotel overseen by the Millenium brand. The two private residential towers offer 68 1-bedroom, 68 2-bedroom, five 3-bedroom and two 4-bedroom lofts.

Next up is Bella Rose. It is an 18-storey building offering elegant apartments. Located in proximity to well-known schools and emergency clinics such as GEMS World Academy, JSS International School, Mediclinic Parkview Hospital and Neuro Spinal Hospital, Bella Rose has everything one would want in an ideal accommodation.

Maison Towers and Orchid Residence round up our popularity list.

TRANSPORTATION AND PARKING SPACES IN DUBAI SCIENCE PARK

Dubai Science Park is located in Barsha South and is a little far from the city’s bustling areas. However, residents can easily access Al Khail Road E44 and Sheikh Mohammed Bin Zayed Road E311 to reach other communities. The area has plenty of parking spaces. Similarly, the basement in most apartment buildings is dedicated to the purpose. Visitors and guests can use paid street parking for their vehicles.

SALE
1,829,000
Ref.No: imex-4434678
2BR Apt
1,187 ft2
1,540 AED/ft2
SALE
1,276,000
Ref.No: imex-4434782
1BR Apt
723 ft2
1,764 AED/ft2
SALE
750,000
Ref.No: imex-4434851
Studio Apt
399 ft2
1,879 AED/ft2
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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management