INVESTING IN AL JADDAF WATERFRONT

The peaceful neighborhood of Al Jaddaf Waterfront in Bur Dubai offers an alluring investment opportunity because of its bright future.

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Projected
Investment

Forcast

UP To

8%

annual rental return

UP To

12%

annual rental return

LUXURIOUS LIVING BY THE WATER WITH HIGH RETURNS ON INVESTMENT

The peaceful neighborhood of Al Jaddaf Waterfront in Bur Dubai offers an alluring investment opportunity because of its bright future. This beachfront neighborhood in the center of Dubai has a wide variety of homes that appeal to expats, families, and local professionals. Investors can anticipate steady rental income and capital growth thanks to the reasonably priced luxury apartments and their many amenities.

Apartments with a touch of luxury that are available without breaking the bank.

Upscale facilities including spas, swimming pools, gyms, and well designed gardens.

Binghatti Creek, Boutique 23, and Ellington Art Bay are upcoming developments that are expected to be finished between 2024 and 2026.

High rental returns, surpassing those of places like London and Paris, with an average of 7.47%.

Increasing demand for rentals as a result of the neighborhood's close vicinity to well-known landmarks including Dubai Mall, the Burj Khalifa, and Dubai Frame.

It is ideally situated between Oud Metha, Dubai Creek, and The Business Bay Extension. E11, Sheikh Zayed Road, connects it to various areas of Dubai.

Al Jaddaf Waterfront is a popular destination for investors due to its 10.1% property appreciation over the past 12 months.

Developers provide enticing discounts and favorable payment plans to draw in customers.

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Investment in The DHOW-BUILDING HERITAGE HUB IN DUBAI is a study in timing

Located on the western side of Dubai Creek, Al Jaddaf Waterfront is a historically significant but developing neighborhood that provides breathtaking waterfront views and easy access to Dubai's more commercial areas. The area is renowned for its long history of dhow construction, in which master artisans still construct these recognizable wooden vessels by hand. However, a wave of new construction is quickly altering the current landscape of Al Jaddaf Waterfront, fusing modern and traditional elements.
 
Al Jaddaf Waterfront provides investors with a distinctive combination of luxury and affordability, with the most common property type being upscale apartments. The real estate market in Al Jaddaf Waterfront has changed from being a hidden treasure to a highly sought-after investment opportunity due to planned projects like Boutique 23, Binghatti Creek, and Ellington Art Bay.

Types of Al Jaddaf Waterfront Properties Available

Al Jaddaf Waterfront provides a range of apartment options in different unit sizes and configurations for both novice and experienced investors. These include one-bedroom apartments that are ideal for singles or couples, as well as studio apartments, which are usually 400 to 600 square feet. There are also flats with two bedrooms and apartments with three bedrooms, which are usually between 1,200 and 2,000 square feet in size.
 
The Azizi Fawad Residence, Binghatti Creek, Boutique 23, Binghatti Gateway, and Binghatti Avenue are among the residential developments that usually attract investors. These structures, which offer premium finishes and resort-style amenities, are the more notable projects in Al Jaddaf Waterfront in terms of size and location. Rooftop pools, spas, fully furnished gyms, kid-friendly play areas, and plenty of parking are a few examples.

Although they are more uncommon on Al Jaddaf Waterfront, townhouses and villas are still visible. Although these homes are typically more expensive, they provide greater privacy and space than apartments. Apartments will likely continue to be the most popular real estate type in the neighborhood as it develops, appealing to a wide spectrum of residents and investors.

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Investment in TYPICAL PRICE POINTS is a study in timing

 Average apartment prices: 

✔ Studio units: AED 875,000

✔One-bedroom units: AED 1,302,000

✔ Three-bedroom units: AED 3,069,000

In contrast to Dubai's overall market averages, Al Jaddaf Waterfront presents a well-rounded investment opportunity. One-bedroom apartments in Dubai normally cost between AED 630,000 and AED 1,050,000, while studios typically cost between AED 475,000 and AED 775,000. Al Jaddaf Waterfront is a desirable choice for both end users and investors seeking a strong return on their investment because of its reasonable yet competitive price points.

 

Property Sales Performance

 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.

Over the previous 21 months, Al Jaddaf Waterfront apartment prices have increased by roughly 46.73%. The region's prospects for capital gains and rising buyer confidence are highlighted by this remarkable increase. Due to current constructions and the lingering effects of Dubai Expo 2020, Al Jaddaf Waterfront is expected to see further price growth, similar to other areas in Dubai.
 
Prominent developers like Azizi Developments and Binghatti Developers have also started new projects in the neighborhood. The market's favorable reaction to off-plan projects like Binghatti Avenue and Fawad Azizi Residence suggests that they are viable investment options.

Note: The numbers above represent the average for all apartment types in Al Jaddaf Waterfront, ranging from studios to three bedrooms. Before deciding to invest, investors should thoroughly evaluate each project.

 

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Investment in VALUE INCREASES is a study in timing

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 sharp price rises demonstrate how the real estate market in Al Jaddaf Waterfront, like that of Dubai, is booming. Al Jaddaf Waterfront is a safer yet very lucrative long-term investment option because of its steady increasing trajectory over the previous few years.

 

Rental Market Performance

As seen below, Al Jaddaf Waterfront provides profitable, consistent rental yields for a range of unit types

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

Al Jaddaf Waterfront's best-performing flats are three-bedroom units, which have an average 6.8% rental yield. They need a larger initial outlay of funds, but the substantial returns they offer make the investment worthwhile. Studios, on the other hand, are only 0.4% behind, demonstrating that they, too, can generate big profits without a significant financial commitment.

 

 

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UPCOMING PROPERTY DEVELOPMENTS IN Al Jaddaf Waterfront

With significant construction and ongoing projects, Al Jaddaf Waterfront, a neighborhood steeped in history and contemporary conveniences, is staying up with Dubai's real estate trends. Between Q2 2024 and Q3 2026, important projects such Boutique 23, Binghatti Creek, and Ellington Art Bay are expected to be finished. A range of upscale townhomes and apartments will be added by these developments, diversifying investor portfolios and significantly raising the area's value.

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Life in Al Jaddaf Waterfront

Al Jaddaf Waterfront's ideal location along Dubai Creek, tucked away between the creek and the Business Bay Extension, makes it an excellent place to invest. Due to its advantageous location, residents can go to business centers like Business Bay and Downtown Dubai with ease. Professionals and students may get to and from the neighborhood with ease thanks to the Al Jaddaf Waterfront Metro Station on the Green Line and major roadways.

Compared to other communities in Dubai, Al Jaddaf Waterfront is more family-friendly. As a result, it provides a tranquil and intimate community setting. The region is aesthetically pleasing due to its blend of modern and classic building styles.

Al Jaddaf Waterfront is a fantastic option for families with kids because it's close to family-friendly activities including Dubai Garden Glow, Ras Al Khor Wildlife Sanctuary, and Dubai Festival City Mall. It also has important landmarks like Latifa Hospital, Mohammed Bin Rashid Library, and Zabeel Stadium.

Al Jaddaf Waterfront offers a wealth of facilities for your daily requirements in addition to breathtaking vistas. For grocery shopping, you can visit W Mart Supermarket and New West Zone Supermarket. You can make a fast stop at the Spring Green Mart or the Real Mini Mart if you're pressed for time.
With a variety of eateries serving different cuisines, dining at Al Jaddaf Waterfront is also worthwhile. These include the opulent Palazzo Versace, which offers the finest fine dining experience, and the laid-back Grand Oak Cafe & Restaurant. There are many of cafes and shisha lounges in the vicinity where you may relax after a satisfying lunch. 

Time estimates for driving from Al Jaddaf Waterfront to important city locations:

✔ Dubai Festival City: 8 minutes

✔ Dubai Design District: 13 minutes

✔ Business Bay: 14 minutes

✔ Dubai Healthcare City: 14 minutes

✔ Dubai Creek Harbour: 15 minutes

✔ Downtown Dubai: 15 minutes

✔ Zabeel: 17 minutes

The Mohammed Bin Rashid Library, which has a sizable book collection, and Zabeel Stadium, one of Dubai's oldest football grounds, are both easily accessible by car for locals. Another noteworthy landmark is the Jameel Arts Centre, which promotes regional artists and displays modern art. Also close by is the Ras Al Khor Wildlife Sanctuary, which provides nature enthusiasts with a singular experience.

Throughout the year, the Jaddaf Waterfront area holds a number of events, including sporting events, literary festivals, art exhibits, and get-togethers for the whole family.

Like the majority of Dubai neighborhoods, Al Jaddaf Waterfront has adequate healthcare and educational resources. It is home to a number of prestigious educational establishments, such as the Swiss International Scientific School for older pupils and Dazzle Kids Nursery and Chubby Cheeks Nursery for youngsters. The latter school prepares pupils for admission to the most prominent universities in the world by offering a bilingual curriculum and adhering to the International Baccalaureate (IB) program.
 
In terms of medical facilities, Latifa Women and Children Hospital, a renowned government hospital for maternity and pediatric treatment, is located in Al Jaddaf Waterfront. Modern facilities and multispecialty medical services are also provided by the Clemenceau Medical Center Hospital.

To guarantee people have access to complete medical care, nearby options include Emirates Specialty Hospital in Dubai Healthcare City (15 minutes away), Cardinal Health (16 minutes away), and Mediclinic City Hospital (14 minutes away).

Because of its well-lit streets, cutting-edge surveillance systems, and committed security guards, Al Jaddaf Waterfront has very little crime. Additionally, the location is close to the Dubai Police Academy, which guarantees prompt emergency response times and serves as a deterrent to potential criminal activity.

Al Jaddaf Waterfront places a high priority on safety and security, just like Dubai and the United Arab Emirates as a whole. The district has a zero-tolerance stance for crime and violence and complies with stringent laws and regulations. This makes it the perfect place to live because it fosters a calm and safe family atmosphere.

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Al Jaddaf Waterfront FAQs

Here are some frequently asked questions about Al Jaddaf Waterfront:

In the western region of Dubai, United Arab Emirates, there is a bustling residential and business district called Al Jaddaf Waterfront. It is surrounded by Zabeel, Umm Hurair, and Ras Al Khor and is located on the banks of Dubai Creek.

All things considered, Al Jaddaf Waterfront is very alluring due to its varied selection of upscale low-rise flats, facilities, and handy location. It should come as no surprise that Al Jaddaf Waterfront is a popular neighborhood given its good public transportation, numerous health and educational institutions, and great access to major highways.

Indeed. One of Dubai's most desirable neighborhoods and a top place to invest is Al Jaddaf Waterfront. Its investment potential is indisputable due to its substantial capital increase over the years and strong rental rates. Additionally, a constant flow of demand will always be guaranteed due to its close proximity to the city center and important attractions.

Al Jaddaf Waterfront is an apartment-centric neighbourhood offering studios to four-bedroom apartments. Studios typically start at AED 644,340, and three-bedroom apartments go up to AED 1,650,000, and can be bought from Binghatti Avenue, Azizi Aliyah Residence, and Emerald Tower. While townhouses are available, they’re harder to find and tend to be more expensive than apartments.

The apartments are luxurious and offer all the state-of-the-art facilities and amenities one could ask for. Some of these include rooftop swimming pools, fitness clubs, and spas. The buildings are well-maintained, with beautiful landscaping and a community feel, making them ideal places for families to settle down.

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