Dubai Wharf
About the project
Dubai Wharf is a multifunctional residential complex located on the waterfront along the banks of Dubai Creek in the Culture Village. It consists of four buildings, where you can buy apartments with 1, 2 and 3 bedrooms. In total in the complex there are about 600 residential and commercial properties. The development of the project belongs to Dubai Properties.
The buildings of Dubai Wharf are named after the ancient cities and regions that have had a significant historical impact on the culture of the Middle East – Magan, Rumelia, Petra and Babil.
Dubai Wharf offers studios and apartments ranging from 646 to 2,045 sq. ft (60-190 sq. m). Prices start from AED 937,000 (USD 255,000).
The infrastructure of the complex is designed so that the residents will not experience any inconvenience. This project includes a parking lot, restaurants and cafes, and stores. Other advantages include a gym, a swimming pool, a sauna and jacuzzi, and a children’s playground. The building has a barbecue area and a community garden.
There is 24-hour security and concierge service, high-speed elevators and centralized air conditioning for residents.
*The price is valid for 2020
Location
Dubai Wharf is located across from Al Jadaf Metro Station. Nearby there are bus stops. The residential complex is just 15 minutes from Dubai Mall. Dubai International Airport is a 9-minute drive away. Other attractions (Burj Al Arab, Palm Jumeirah, etc.) are 25-30 minutes away.
The Culture Village was designed to be a cultural center of Dubai. Therefore, there are a large number of museums, libraries, art schools, art academies and other similar institutions in the vicinity.
In this area you can find designer boutiques, antique stores and numerous cafes and restaurants.
Nursery schools are 12 minutes away by private or public transport. Redwood Montessori Nursery is on the other side of the canal.
Schools are a 10-12 minute drive away in the Oud Metha area. There are educational institutions such as Dubai Gem Private School, and GEMS Winchester School, etc.
The Latifa Hospital Medical Center is a 10-minute drive from Dubai Wharf. Al Jalila Children’s Speciality Hospital is also located in the building of this clinic.
Payback
The current gross return on residential real estate investments in the Culture Village is 5.96%. The average rental price is USD 19,628 (AED 72,094) per year. Given the current value of apartments in Dubai Wharf, a property investment of this kind will pay for itself in 18-20 years.
*The price is valid for 2020
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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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