Al Dhabi
About the project
(sq. ft.)
Al Dhabi is an 11-storey mixed-use development in Dubai’s Al Barsha district. The project was developed by Dubai Holding and includes apartments, commercial facilities, and retail spaces.
The complex provides a variety of amenities, including:
- Underground parking
- Three high-speed lifts
- 24-hour security with CCTV
- Swimming pool
- Modern gym
- 24-hour concierge services
Properties include studios and one- to two-bedroom apartments that range in size from 340 sq. ft. (32 sq. m) to 1,156 sq. ft. (107 sq. m) All units have living rooms, equipped kitchens, and at least one bathroom.
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Location
Al Dhabi is located in the vibrant community of Al Barsha. The nearest public transport stops, Geepas Tower 1 and 2 and DAMAC Westside Building 1 and 2, are situated within a 10-minute walk of the residences. Khaana Badosh, the Noodle House, and Zest Restaurant can be reached within a five-minute drive, and the nearest supermarkets are JMA Supermarket, Blue Mart, and Carrefour Market, which are also located within a five-minute drive.
Dwight School Dubai, Dovecote Nursery, and Mediclinic Parkview Hospital can be reached within a 10-minute drive.
The complex is situated within a short drive of several popular destinations, including:
- Dubai Butterfly Garden
- Dubai Miracle Garden
- Dubai Autodrome
Payback
Al Barsha is an area that is in demand among real estate investors for several reasons. Firstly, properties are affordable compared to other developed parts of the emirate. Secondly, the area is home to Dubai’s largest shopping centre, the Mall of the Emirates. Thirdly, residents have easy access to restaurants, retail stores, supermarkets, hospitals, schools, and public transportation stops.
The return on investment rate for a residential property in Al Dhabi is 6%. Units can be purchased to subsequently rent out. The annual rental rate for a studio is AED 37,000 (USD 10,000), and the maximum annual rental rate for a two-bedroom apartment is AED 69,000 (USD 19,000). The payback period ranges from 15 to 18 years.
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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