Al Jaddaf Waterfront, a tranquil community in Bur Dubai, presents a compelling investment opportunity defined by its promising growth potential. Located in the heart of Dubai, this waterfront district offers a diverse range of properties that attract local professionals, families, and expats. With affordable high-end apartment prices and various amenities, investors can expect stable rental returns and capital appreciation.

Al Jaddaf Waterfront, a historically rich yet evolving community on Dubai Creek’s western side, offers stunning waterfront views and quick access to Dubai’s more commercial parts. The district is known for its traditional dhow-building heritage, where skilled craftsmen continue to build these iconic wooden boats by hand. However, Al Jaddaf Waterfront’s modern landscape is rapidly changing with an influx of new developments, merging traditional and contemporary influences.

Al Jaddaf Waterfront offers investors a unique blend of affordability and luxury, with high-end apartments as the most prominent property type. With upcoming projects like Ellington Art Bay, Binghatti Creek, and Boutique 23, Al Jaddaf Waterfront’s real estate market has transformed from a hidden gem into a highly sought-after investment opportunity.

Al Jaddaf Waterfront offers new and seasoned investors various apartment options, in various unit sizes and configurations. These include studio apartments, typically 400 to 600 sq.ft., and one-bedroom units perfect for singles or couples. Two-bedroom apartments and three-bedroom units are also available, typically measuring around 1,200  to 2,000 sq.ft., respectively.

Residential projects that investors are typically drawn to include Azizi Fawad Residence, Binghatti Creek, Boutique 23, and Binghatti Gateway and Binghatti Avenue. These buildings are Al Jaddaf Waterfront’s more prominent projects in terms of size and location, offering high-quality finishes and resort-style amenities. Some of these include rooftop pools, spas, fully equipped gyms, children’s play areas, and ample parking spaces.

While townhouses and villas can be seen, they’re rarer finds in Al Jaddaf Waterfront. These properties usually come with a higher price tag but offer more space and privacy than apartments. As the neighbourhood continues to develop, we can expect apartments to remain the dominant type of property, catering to a diverse range of investors and residents.

Average apartment prices: 

✔ Studio units: AED 875,000

✔ One-bedroom units: AED 1,302,000

✔ Three-bedroom units: AED 3,069,000

Al Jaddaf Waterfront offers a balanced investment opportunity compared to Dubai’s broader market averages. Dubai’s studio prices typically range from AED 475,000 to AED 775,000, and one-bedroom units from AED 630,000 to AED 1,050,000. These fair yet competitive price points make Al Jaddaf Waterfront an attractive option for both end-users and investors looking for a good return on their investment.

Average asking price as of December 2024:

✔ AED 1,230,000 / AED 1,497 per sq.ft.

Average sales transaction as of December 2024:

✔ AED 1,182,873 / AED 1,617 per sq.ft.

Apartment prices in Al Jaddaf Waterfront have surged by approximately 46.73% over the past 21 months. This impressive increase highlights the area’s potential for capital gains and growing buyer confidence. Like other Dubai districts, Al Jaddaf Waterfront is poised for continued price growth, fueled by the lasting effects of Dubai Expo 2020 and ongoing developments.

The area has also seen leading developers such as Azizi Developments and Binghatti Developers launching new projects. Off-plan projects like Fawad Azizi Residence and Binghatti Avenue have received a positive market response, indicating their viability as investment opportunities.

Over the last 12 months, Al Jaddaf Waterfront has seen a dramatic average increase of 44.69% across one—to three-bedroom apartments.

• One-bedroom units: 53.80%
• Two-bedroom units: 55.9%
• Three-bedroom units: 75.10%

These rapid value increases show that Al Jaddaf Waterfront’s real estate market, like Dubai’s, is skyrocketing. Furthermore, this upward trajectory has been consistent over the past few years, making Al Jaddaf Waterfront a safer yet highly profitable long-term investment choice.

Al Jaddaf Waterfront offers lucrative stable rental yields across various apartment types, as shown below:

Average gross yield:

• Studio units: 10.4%
• One-bedroom units: 7.4%
• Three-bedroom units: -8.4%

Apartment rent prices (over past 3 months): 

• Studio units: AED 56,000
• One-bedroom units: AED 75,000
• Two-bedroom units: AED 98,000
• Three-bedroom units: AED 132,000

Three-bedroom apartments are Al Jaddaf Waterfront’s top performers, offering an average rental yield of 6.8%. While they require a bigger upfront investment, they promise significant returns that make it worthwhile. Studios, however, are only 0.4% behind, proving they too can yield generous returns without a hefty investment.