Location:
Dubai Design District, commonly known as d3, is located in the heart of Dubai, near Dubai Creek, and is easily accessible via the Dubai Metro.
Area size:
The area size of d3 is approximately 21 hectares.
When established:
d3 was established in 2013 as a hub for the design and fashion industry in Dubai.
Weather and Climate:
Dubai has a desert climate, with hot summers and mild winters. Temperatures in the summer months (June-September) can reach up to 45°C, while winters (December-February) are cooler, with temperatures averaging around 23°C.
Real Estate Development:
d3 is a unique development, dedicated to the design, fashion, and luxury industry. The area offers a mix of commercial and residential spaces, including office buildings, retail spaces, galleries, and apartments.
Average Prices of Housing and Plots:
The average prices of properties in d3 are relatively high, as it is a premium location in Dubai. The cost of residential properties varies depending on the type, size, and location.
Type of Buildings:
d3 is known for its innovative architecture and contemporary design. The area features a mix of buildings, including office towers, retail spaces, art galleries, and residential apartments.
Future of the Region:
d3 is set to expand with several new developments, including the Dubai Institute of Design and Innovation (DIDI) and the Gulf Islamic Fashion Week. The area is poised to become the leading destination for design and fashion in the Middle East.
Pros & Cons:
Pros:
- d3 is a vibrant and creative community, dedicated to the design and fashion industry.
- The area is well-connected and easily accessible, with excellent transport links.
- The mix of commercial and residential spaces makes d3 a great place to work, live, and play.
Cons:
- The cost of properties in d3 is relatively high, making it inaccessible for some individuals and businesses.
- The area can be busy and crowded during peak hours, which can be inconvenient for commuters.
Key Notes on the Area:
d3 is more than just a business district. The area features a mix of galleries, art installations, and cafes, making it a great place to explore and discover. The district hosts several events throughout the year, including the Dubai Design Week, which attracts designers and creatives from around the world.
Why Investors Should Consider the Region?
Investors who are looking for a prime location in Dubai’s design and fashion industry should consider d3. The area is home to several international brands and businesses, making it a hub for creativity and innovation. With its expansion plans, d3 is set to become an even more attractive destination for businesses and investors.