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SAS 1 Building

SAS 1 Building

About the project

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SAS 1 Building is an eight-storey residential complex located in International City, one of Dubai’s leading affordable housing markets. Residences are situated in a multicultural community that is divided into 10 clusters. The development welcomes people of different nationalities, including Greeks, Spaniards, English, Russians, and Chinese, among others.

Properties include one- to three-bedroom apartments that have a minimum size of 648 sq. ft. Depending on the configuration, units have master bedrooms with en-suite bathrooms, guest bathrooms, and balconies.

The complex provides a variety of amenities and services, including:

  • High-speed elevators
  • Central air conditioning and heating systems
  • 24-hour concierge services
  • Lobby on the first floor
  • Equipped gym and fitness centre
  • Children’s playground
  • Underground parking for residents
  • Street parking for guests

The annual rental rate for a one-bedroom apartment is AED 30,000 (USD 8,000), and the annual rental rate for a two-bedroom apartment is AED 46,000 (USD 12,500).

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Property Information

Location

International City is continuing to be developed, so residents typically prefer to travel by personal vehicles and cabs. The building is situated near Mohammed Bin Zayed Road, one of the city’s main thoroughfares, which provides easy access to other parts of the emirate.

Residents can take advantage of several essential service providers located within a 10- to 15-minute walk of the building. Facilities include:

  • Bus stops – AVON Residence and Warsan 1
  • Grocery stores and supermarkets – Fairways, ZOOM, and West Zone Fresh
  • Restaurants – Grill Palace, Eat & Treat, Mall View, and La Mama
  • Educational institutions – Kids World International, Fly High Nursery, and
  • International School of Arts & Sciences (American education system)
  • Medical centres – Apple, Aster, and Amber
  • Pharmacies
  • Fitness centres
  • Beauty salons

The complex is located within a short drive of many popular destinations, including:

  • Academic City, the home of the University of Birmingham Dubai, Murdoch University
  • Dubai, and Zayed University – 10 minutes
  • Dubai Silicon Oasis – 10 minutes
  • Dubai Safari Park – 10 minutes
  • Legoland – 10 minutes
  • IKEA Festival City – 15 minutes
  • Dubai International Airport – 15 minutes
  • Dubai Mall – 20 minutes
  • Jumeirah Beach – 30 minutes
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Payback

SAS 1 Building offers all of the necessary amenities to ensure a comfortable living environment, and units are moderately priced. As a result, properties are in demand among tenants and investors.

One-bedroom apartments have an average return on investment rate of 8.4%. Studios have a return rate of 8.3%. Three-bedroom apartments have a return rate of 5.7%, and two-bedroom apartments have a return rate of 5.5%.

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