1 bedroom, Al Waleed Garden 2 tower
Dubai, Al Jaddaf, Al Waleed Garden 2
Bus stop
5-min walk
75 m²
Property area
Q4 2023
Handover year
2 out of 17
Floor
2
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$286 301 ($3 817/м²)
TOTAL INVESTMENT AMOUNT: $323 343
TOTAL RENTAL YIELD PER YEAR: $24 658
EXPENSES PER YEAR: $11 134
NET RENTAL YIELD PER YEAR: $13 523
or 4,18%
The unit can be paid for in installments.
- Unit price: $286 301
- Renovation price: $1 370
- Furnishings: $9 589
- Commission: $6 012
- DLD fee payment: $11 611
- Transaction registration: $1 151
- Transaction legal support: $2 192
- Power of attorney: $822
- Manager cheque: $4 295
TOTAL RENTAL YIELD PER YEAR: $24 658
- Rent payments: $2 055 (per month) / $24 658 (per year)
EXPENSES PER YEAR: $11 134
- Service charge: $2 663
- Utilities: $1 315
- Internet: $1 266
- AC: $1 973
- AC maintenance: $219
- Management commission: $3 699
NET RENTAL YIELD PER YEAR: $13 523
or 4,18%
The unit can be paid for in installments.
1 045 000 AED
Rental yield in the 1st year of ownership: 8,10%
Price growth rate per year: 22,4%
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Finished apartment with a down payment of only 20% and interest free installment for 3 years
Rental yield on the invested funds in the 1st year - 8.10%
Al Waleed Garden 2 is a 17 storey residential tower in the Al Jaddaf neighborhood developed by Al Waleed Real Estate and built in 2023. Key handover is scheduled for December 2023.
5-minute walk to the bus stop, 10-minute drive to the metro station
Key tower features:
Payment plan:
Rental yield on the invested funds in the 1st year - 8.10%
Al Waleed Garden 2 is a 17 storey residential tower in the Al Jaddaf neighborhood developed by Al Waleed Real Estate and built in 2023. Key handover is scheduled for December 2023.
5-minute walk to the bus stop, 10-minute drive to the metro station
- 1 bedroom
- 2 bathrooms
- With a balcony
- Area: 75 sqm
- Floor 2 (out of 17)
- Unfurnished
- 1 parking place
- Vacant
Key tower features:
- Swimming pool
- Sauna, hammam
- Gym, basketball court
- Tennis court
- Play area for children
Payment plan:
- 20% - down payment upon booking
- 80% - after receiving the keys in monthly installments over 36 months
The Al Jaddaf neighborhood is known for its Dubai Culture Village project, which aims to showcase the region's rich cultural heritage. The village includes art galleries, theaters and other cultural venues.
Al Jaddaf is strategically located due to its close proximity to Dubai's major business and entertainment centers. Dubai International Airport (DXB), Dubai Mall and Dubai Festival City shopping center can be easily accessed from here.
Additionally, the community is located along an expanded portion of Dubai Creek, which gives an opportunity to develop projects with waterfront views. The expansion of the creek was part of Dubai's efforts to develop coastal areas.
Al Jaddaf is strategically located due to its close proximity to Dubai's major business and entertainment centers. Dubai International Airport (DXB), Dubai Mall and Dubai Festival City shopping center can be easily accessed from here.
Additionally, the community is located along an expanded portion of Dubai Creek, which gives an opportunity to develop projects with waterfront views. The expansion of the creek was part of Dubai's efforts to develop coastal areas.