Lago Vista, Dubai Production City

Lago Vista, Dubai Production City

HIGHLIGHTS

About Lago Vista, Dubai Production City

Lago Vista is an apartment complex in Dubai Production City, a free zone community dedicated to facilitating media production companies. The project consists of three high-rise towers connected via a crescent-shaped portico. Lago Vista B has 24 residential floors while block A and C rise 21 floors above the ground.

Developed by DAMAC Properties, Lago Vista, Dubai was designed by Arkonsult Engineering Consultants Limited. All the three buildings were completed in 2009 featuring 300 freehold apartmentseach. Residential options range from studios to 2-bedroom apartments.

Lago Vista, Dubai Production
Lago Vista is an apartment complex with 3 buildings

IN A NUTSHELL

  • Lago Vista, IMPZ is a trio of high-rise residential towers.
  • Lago Vista A and C have 21 floors while Lago Vista B has 24 floors.
  • The project offers elegant apartments for rent and sale.
  • Configurations vary from studios to 2-bed units.
  • Close to the Dubai Autodrome.
  • The project was launched in 2005 and completed in 2009.

BUILDING DETAILS

Facilities in Lago Vista

Parking

Residents and guests can easily find covered parking in Lago Vista, IMPZ.

Elevators

There are high-speed elevators in Lago Vista towers with electricity backup to provide uninterrupted access to all floors.

Security, Central Air-Conditioning and Maintenance Services 

The complex has 24-hour security and allows only key-card access to apartments. Moreover, there are on-site maintenance services that include regular cleaning and waste disposal.

Gym and Fitness Facilities 

There is a health club with swimming pools, tennis court and gym in Lago Vista.

Lifestyle Amenities

Besides a restaurant, cafe and pharmacy, there is a play area, games room and barbecue area. Also, the complex has a crescent-shaped portico with landscaped lawns

Concierge and Guest Services 

All three buildings have a 24-hour concierge and help desk.

Lago Vista Floor Plans 

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type in each block by browsing Lago Vista floor plans.

Apartment Types in Lago Vista

Lago Vista has 300 apartments in each residential block. The apartments come in diverse configurations and floor plans while fit-outs and interior designs are all the same. One can choose between studio, 1-bedroom and 2-bedroom apartments in Lago Vista, Dubai Production City.

Studio Apartments in Lago Vista

Studio flats in Lago Vista, IMPZ cover around 520 sq. ft. of space. Each unit has a spacious living room, kitchenette, bathroom and balcony. 

1-Bedroom Apartments in Lago Vista

The covered area for 1-bedroom flats in Lago Vista, Dubai ranges between 990 sq. ft. and 1,010 sq. ft. Each unit consists of a master bedroom, en-suite bathroom, an open-concept kitchen and a balcony.

2-Bedroom Apartments in Lago Vista

2-bedroom flats in Lago Vista, Dubai Production City have 1,256 sq. ft. of covered space. Some units also span around 1,400 sq. ft. Each unit consists of two bedrooms, a balcony, lounge, two bathrooms and a kitchen. Some of the 2 BHK apartments are fully furnished.

Most Popular Apartment Types in Lago Vista

  • Studio
  • 1-Bed
  • 2-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%

Based on searches conducted by users on Bayut.com over the past 6 months

As per the results, studios are a top favourite. Next on the list are 2-bed flats with a fair share of views. 1-bedroom flats round up the list with the least number of user-generated views on Bayut’s official website.

Rental Trends in Lago Vista

Rents range from AED 25k per annum for a 400 sq. ft. studio apartment in Lago Vista with parking. Further, one can get a slightly bigger studio (520 sq. ft.) for approximately AED 30k. This unit also comes with one dedicated parking spot.

Those looking to get an even bigger apartment can go for:

Tenants are liable to pay an annual sum for Lago Vista apartments for rent. Some realtors also offer flexible payment schedules. To make an informed decision, consider comparing the annual cost with other Dubai Production City apartments for rent.

Sale Trends in Lago Vista

The apartments in Lago Vista are also up for sale with prices starting from AED 250k for a 500 sq. ft. studio. The maximum you can expect is around AED 310k. So, anyone looking for a reasonable flat at a prime location can consider buying a studio flat in Lago Vista. Further, sales prices for bigger apartment units are as follows:

Sales prices vary depending on the covered area and whether the unit is furnished and has a dedicated parking spot. These apartments are highly sought-after being in proximity to the arterial road network. Further development plans in Dubai Production City may boost the property value even more. You can also consider comparing the prices with other apartments for sale in Dubai Production City

Rental Yield in Lago Vista

  • Studio
  • 1-Bed
  • 2-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%

Based on searches conducted by users on Bayut.com over the past 6 months

Studios have the highest returns of 9.3%. 2-bed units rank second with a total of 8.1% ROI while 1-bedroom apartments generated a 7.6% ROI.

Service Charges in Lago Vista

GENERAL FUND
PRICE PER SQ. FT. IN AED
GENERAL FUND
Services
PRICE PER SQ. FT. IN AED
1.65
GENERAL FUND
Maintenance
PRICE PER SQ. FT. IN AED
2.81
GENERAL FUND
Utilities
PRICE PER SQ. FT. IN AED
3.79
GENERAL FUND
Management
PRICE PER SQ. FT. IN AED
1.59
GENERAL FUND
Insurance
PRICE PER SQ. FT. IN AED
0.17
GENERAL FUND
Master Community
PRICE PER SQ. FT. IN AED
1.09
GENERAL FUND
Total
PRICE PER SQ. FT. IN AED
11.10
RESERVED FUND
PRICE PER SQ. FT. IN AED
RESERVED FUND
Reserved Fund
PRICE PER SQ. FT. IN AED
1.08
RESERVED FUND
Total
PRICE PER SQ. FT. IN AED
12.18
ADJUSTMENTS
PRICE PER SQ. FT. IN AED
ADJUSTMENTS
Adjustment
PRICE PER SQ. FT. IN AED
-1.74
ADJUSTMENTS
Total
PRICE PER SQ. FT. IN AED
-1.74

These are the service charges for Lago Vista, IMPZ* as per the Dubai Land Department. You can read more about Dubai property maintenance service charges if you are interested in buying a property.

*Please note that these service charges are subject to change.

NEARBY AMENITIES

Transportation near Lago Vista

The arterial roads are in proximity; therefore, those who drive enjoy easy access to key commercial and residential areas. Also, buses are the most popular modes of public transportation near Lago Vista. You can catch F34 and J02 that further connect to Dubai Internet City and Dubai Sports City.

Bus Stations near Lago Vista

City Centre Me'aisem 1, Crescent Tower 1, and Qasr Sabah 1 are the closest bus stations. 

Restaurants near Lago Vista

There’s a restaurant and cafe on the ground floor. Other casual restaurants near Lago Vista include:

  • Tasty World
  • Cabritoz Mandi

Both these options are a short drive from the complex. If you’re searching for some fine dining options, the following are within easy reach:

  • Leila Restaurant
  • The Big Wok
  • Stage Sky Bar and Lounge

Leila Restaurant is a 3-minute drive. Wadi Express, The Big Wok and Stage Sky Bar and Lounge are all 7 to 8 minutes away. Moreover, you can get to the City Centre Me’aisem if you want to check out more fast food options.

Supermarkets near Lago Vista

There are two convenience stores in Tower B, Carry Food and Star Mart. Other supermarkets near Lago Vista include:

  • West Zone Fresh Supermarket
  • Swiss Mart
  • W Mart

These options are only a short drive away and you can also reach them easily on foot. Besides, you can find Carrefour hypermarket in City Centre Me'aisem for weekly shopping.

NEARBY BUILDINGS

Lago Vista is the immediate neighbour of two other popular projects by DAMAC Properties - Lakeside Towers and The Crescent Towers.  Two residential complexes in Dubai Sports City - Golf View Residence and Elite Sports Residence are also in proximity.

Major Landmarks

The location is 5km from Dubai Sports City and around 12km from Motor City. The area is directly connected to Mohammed Bin Rashid Road and Sheikh Zayed Road providing easy connectivity to motorists. Major landmarks nearby include:

Lago Vista is also close to a few hotels like Qasr Sabah and Ghaya Grand. Majid Al Futtaim Properties is also working to build a grand mall spanning across a million sq. ft. near Lago Vista.

city centre me'aisem near lago vista
City Centre Me'aisem is the fourth mall owned by Majid Al Futtaim Properties

THINGS TO CONSIDER

Lago Vista has all the facilities as you’d expect from a modern residential community. Presently, there are no mosques in the vicinity - the nearest one is 5km away in Dubai Sports City. However, there are many upcoming projects in IMPZ and some master plans might include a dedicated prayer area.

Are you looking to buy or rent apartments in Lago Vista?

RATINGS & REVIEWS

Reviews are not available currently for this building

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