High rental yieldUAE-00030Al Jaddaf: Apartments in a Tower That Also Holds Its Own Offices
Al Jaddaf, Dubai
- 0–3beds
- 1–3baths
- 28–128 m²
Off-plan · 2028
Al Jaddaf, Dubai
The address is Al Jaddaf, the old creekside district that Dubai has spent the last decade rebuilding, and the plot is a compact 69,200 square feet. The location is the argument: Downtown is three to five minutes, and the creek, the cultural district and Dubai Festival City are all inside a ten minute drive. This is one of the few freehold pockets that close to the centre where an entry price still starts under a million dirhams. Four layouts are on sale. The studio starts at 819,999 dirhams. The one bedroom is about 63 square metres and starts at 1,399,999. The three bedroom is the outlier at about 207 square metres and 3,699,999, which is roughly three and a half times the one bedroom for three and a quarter times the space, so the price per square metre barely moves as the plans get bigger. That is unusual and it is the reason to look at the larger plans here rather than at the entry ones. The building carries its amenities on the podium: a swimming pool with sun terraces, a separate children's pool, a gym, landscaped seating areas and a jogging loop, with retail on the ground floor. The facade is the other half of the design, a faceted grid that catches the light differently through the day and is lit along its lines at night, which is what the building does for the street rather than for the apartments. Ownership is freehold and open to all nationalities. Only the three bedroom clears the two million dirham threshold that the ten year residency visa is assessed against. Two things to weigh, and both are about what the developer has not published. There is no handover date for this building in any document we hold or on the developer's own product page, and there is no published payment plan either. Everything else about the project is documented, so these are gaps to fill with a written answer from the developer rather than reasons to walk away, but a client should not be given a date we cannot source.
Reference: UAE-00039
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