Freehold deed
A) Plot 1: Ground floor + 14 floors
Land area: 12,445 square feet
Use: Residential and commercial
B) Plot 2: Ground floor + 14 floors
Land area: 12,121 square feet
Use: Residential and commercial
C) Plot 3: Ground floor + 14 floors
Land area: 11,289 square feet
Use: Residential and commercial
Built-up area for the three plots:
193,000 square feet
Required price: 100 million
The forum stated that the argument
Real Estate Investment and Housing in Sama Al Jaddaf, Dubai
Introduction
Sama Al Jaddaf, located in the heart of Dubai, is emerging as a prime destination for real estate investment and residential living. With its strategic location, ongoing developments, and comprehensive amenities, the area offers a promising landscape for both investors and residents.
Strategic Location and Accessibility
Sama Al Jaddaf boasts a central position between key districts such as Downtown Dubai and Dubai Festival City. The area is well-served by major highways, including Sheikh Zayed Road and Al Khail Road, facilitating seamless commutes to other parts of the city. Additionally, the Al Jaddaf Metro Station, part of the Green Line, enhances connectivity, providing residents with easy access to public transportation .
Real Estate Market Dynamics
The real estate market in Sama Al Jaddaf presents an attractive entry point for investors. With average property prices around AED 1,790 per square foot, the area offers affordability compared to more central locations like Downtown Dubai, where prices have previously peaked at AED 2,543 . Rental yields in the area range between 6% and 7%, particularly for one-bedroom apartments, making it a lucrative option for short-term rentals catering to business travelers and tourists .
Ongoing and Future Developments
Sama Al Jaddaf is undergoing significant transformations aimed at enhancing its appeal. The district is set to become the ’URB’ Urban Technology District by 2030, with plans to create approximately 4,000 jobs, positioning it as a hub for innovation and technology . Additionally, the presence of cultural landmarks such as the Jameel Arts Centre and the Dubai Frame adds to the area’s vibrancy, attracting residents and visitors alike .
Comprehensive Amenities
The area offers a wide range of amenities that contribute to a high quality of life. Educational institutions like the Swiss International Scientific School and the New Indian Model School cater to diverse educational needs. Healthcare facilities such as Latifa Hospital ensure residents have access to top-notch medical care . Shopping centers like Wafi Mall and Dubai Festival City Mall provide a variety of retail options, from luxury brands to everyday essentials .
Community and Lifestyle
Sama Al Jaddaf fosters a thriving community with parks, recreational centers, and dining establishments that enhance the quality of life. The presence of waterfront areas and cultural venues promotes an active and engaging lifestyle, distinguishing the area from more commercial districts .
Conclusion
Sama Al Jaddaf stands out as a promising destination for real estate investment and residential living in Dubai. Its strategic location, ongoing developments, and comprehensive amenities create a conducive environment for both investors seeking attractive returns and residents desiring a vibrant community. As the area continues to evolve, Sama Al Jaddaf is poised to become a key player in Dubai’s real estate landscape.
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