Properties for Sale in Al Kifaf
Projects in Al Kifaf
About the neighbourhood
Al Kifaf is a modern residential community with an eco-friendly environment. The neighbourhood has plenty of green spaces and trees, which provide ample shade for enjoying nearby landscaped areas, fountains, and ponds. The neighbourhood is located in the northern part of the Za’abeel community. It is a quaint and cosy area that offers a mix of residential and commercial buildings.
Properties in the neighbourhood include apartments, townhouses, and penthouses, as well as offices and retail stores.
Residential units include one- to three-bedroom apartments that are equipped with all of the necessary amenities. Four- and five-bedroom townhomes and penthouses have an average size of 8,500 sq. ft and are typically two-storey residences with spacious terraces and large balconies.
Al Kifaf is characterised by its well-organised public transportation network. The nearest bus stops are Al Jafiliya and the Department of Health, and the Max Fashion Metro Station is situated within the neighbourhood.
Developments in the area are located near Sheikh Zayed Road (E11), which provides easy access to other parts of the emirate. There are several parking lots that are open to personal vehicles, and most residential buildings have multiple levels of secured parking. Townhouses have their own garages, and guest parking is available near the residences in spacious open parking lots.
Residents with children can take advantage of local educational institutions, such as Humble Bumble Nursery, British Orchard Nursery Al Jafiliya, Chubby Cheeks Nursery, Pakistan Education Academy, Lycee Francais International Georges Pompidou, Indian High School, and Ambassador School.
The neighbourhood is home to many popular facilities, including:
- Medical centres – American Hospital, Medeor, and Emirates Hospital
- Supermarkets and markets – Lulu Hypermarket, Al Adil, Al Haya Al Saeeda, Ummuna Zainab, and Al Karama Fish Market
- Restaurants – Zam Zam Mandi, Steak & Burger, Manvaar, Malabari Restaurant Al Karama, Pind Da Dhaba, and Cocko House Restaurant
- Religious Institutions – Al Rahma Masjid Mosque, Karama Central Mosque, Masjid Al Ghazali, New Covenant Church Dubai, Marantha Full Gospel Church, and St. Mary’s Catholic Church
- Shopping Centre – WAFI, a large Egyptian-themed shopping mall with more than 250 boutiques selling international brands
Developers in Al Kifaf
Economic attractiveness
Al Kifaf is a dynamic neighbourhood that is still under construction. It promises to be a progressive community with well-developed infrastructure and plenty of amenities. Due to its location near schools and hospitals, the area is suitable for families with children. Tourists are also attracted to the area for its many attractions and leisure facilities.
The Al Kifaf area is a popular place for making real estate investments even during its construction phase.
Commercial spaces can be leased in Al Kifaf. Offices offer ideal places to conduct business due to excellent transport accessibility, among other factors.
The annual rental rate for a one-bedroom apartment starts at AED 75,000 (USD 20,000). The annual rental rate for a two-bedroom apartment starts at AED 109,000 (USD 30,000), and the annual rental rate for a three-bedroom apartment starts at AED 190,000 (USD 52,000).
*The price is valid for 2023
Property prices vary depending on size, location, and access to amenities.
- One-bedroom apartments have a starting price of AED 1,300,000 (USD 354,000.
- Two-bedroom apartments have a starting price of AED 1,400,000 (USD 380,000).
- Three-bedroom apartments have a starting price of AED 2,800,000 (USD 760,000)/
- Four-bedroom penthouses have a starting price of AED 11,000,000 (USD 2,900,000).
*The price is valid for 2023
The most popular residential units are one-bedroom apartments, which have a return on investment rate that can reach up to 7%, per annum. Four-bedroom penthouses and townhouses have a return on investment rate that ranges from 4 to 6%.
Top real estate projects
Developer Wasl Asset Management Group has begun the construction of the Wasl 1 complex in Al Kifaf. The project consists of a mixed-use complex that includes five zones.
Zone 1 is called Park Gate Residences, which consists of four residential towers that overlook the picturesque Zabeel Park. Each of the four buildings has individual features and varies in height. Properties include one- to three-bedroom apartments and three- to five-bedroom townhouses and penthouses. The podium will include a children’s play area, a fitness centre, and restaurants. Park Gate Residences have a total of 746 apartments and was completed in January 2021.
Zone 2 and 3 will consist of two residential structures that are each connected from above. Zone 4 will feature a hotel and a central square, and zone 5 will have a group of four multipurpose houses. The names of these locations have not yet been revealed.
Attractions
Al Kifaf is famous for its popular attractions, such as Zabeel Park, Dubai Frame, and Etisalat Tower.
Zabeel Park is one of Dubai’s largest parks and offers many attractions. One of its two sections is located in Al Kifaf. Visitors can enjoy children’s playgrounds, jogging paths, a dinosaur park, and various other facilities, and there is a train that goes around the area. On the first Saturday of each month, the park hosts the Dubai Flea Market where visitors can buy and sell books, antiques, furniture, or clothes.
Dubai Frame is an iconic attraction that is popular among locals and visitors. The building was designed to resemble a huge photo frame made of reinforced concrete, steel, and glass. Its unique construction allows visitors the chance to explore the city’s past while also getting immersed in the prospects of the future. The multimedia exhibition on the mezzanine takes visitors back in time to Old Dubai during the very beginning stages of the metropolis. Then, moving to the Sky Deck, visitors can stroll across the glass bridge and be taken back to the mezzanine where a colourful multimedia presentation on the future of the city awaits.
Etisalat Tower is a 33-storey modern office building that was designed by Shankland Cox. It has been in operation since 2007. This futuristic structure harmoniously combines different materials, such as steel, glass, and concrete. The tower is characterised by its spherical roof superstructure that resembles a golf ball. At night, the building stands out against the backdrop of the city thanks to its unique lighting system.
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