Al Jaddaf: Royal Suites of up to 238 Square Metres Beside Dubai Creek

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About this property

The address is Al Jaddaf, between Dubai Creek and the Business Bay extension, in a district that is old by Dubai standards and being rebuilt quickly. The immediate surroundings are everyday rather than decorative: a football club ground, a stadium and a hospital are all within a few minutes, and the second phase of the creek development is going up next to them. Two metro stations serve the area and the creekside walk, Dubai Festival City and Downtown are all short drives. Five layouts are on sale and the jump between them is unusually wide. The studio is about 32 square metres, the one bedroom 56 to 57 with a balcony of five to thirteen, and the two bedroom 82 with a terrace of 94 square metres, larger than the apartment itself. Above those sit the Royal Suites: a two bedroom of 175 square metres and a three bedroom of 238. That top figure is more than seven times the studio, in the same building, which means a very mixed set of neighbours and a price ladder from 799,999 to 3,499,999 dirhams inside one lobby. The podium carries the amenities across four levels under the residential floors. There is a long swimming pool that runs along the building with cabanas and daybeds set into it, a second pool area with curtained pavilions, landscaped terraces with mature palms, and residents' lounges behind the glass at street level. Thirty four shops sit on the ground floor. The building is fourteen residential floors over that podium, which is low for the district and is why the terraces get sun rather than shade. Ownership is freehold and open to all nationalities. The payment plan is fifty percent across the build and fifty percent on handover, and the developer is covering the four percent land department registration fee, which on a 1.3 million dirham one bedroom is fifty two thousand dirhams the buyer does not pay. Two things to weigh. The developer has not published a handover date for this building, so it cannot be quoted. And fifty percent falling due at completion is a large single payment on a date that is not yet fixed, which is a combination worth being explicit about.

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