Overview
Al Jaddaf, located between Dubai Creek and Zabeel, has transformed from a traditional dhow-building area into a dynamic urban community. Its strategic position offers easy access to Downtown Dubai, Dubai International Airport, and Dubai Healthcare City. The area blends cultural heritage with modern living, making it an attractive choice for residents and investors alike. With ongoing developments and infrastructure enhancements, Al Jaddaf is poised for continued growth and increased desirability.
Neighborhood
Al Jaddaf boasts a rich cultural and recreational landscape. Landmarks like the Mohammed Bin Rashid Library and Jameel Arts Centre offer residents and visitors cultural enrichment. The Dubai Culture Village adds to the area’s artistic appeal. Recreational facilities include the Al Wasl Football Club and Zabeel Stadium, promoting an active lifestyle. The community is well-served by two metro stations—Al Jaddaf and Creek—facilitating convenient travel across Dubai. Proximity to major roads like Sheikh Rashid Road and Al Khail Road further enhances connectivity.
Features
Al Jaddaf offers a blend of modern amenities and cultural attractions. Residents enjoy access to parks, pedestrian walkways, and cycling paths along Dubai Creek. Healthcare facilities such as Latifa Hospital and Dubai Healthcare City ensure quality medical services. Educational institutions, including the Swiss International Scientific School and Gems Winchester School, cater to families. Retail options are abundant, with supermarkets, cafes, and proximity to Dubai Festival City Mall. The area’s design emphasizes a balance between urban convenience and cultural heritage.
Properties in Al Jaddaf
Al Jaddaf’s real estate market offers diverse options for both residential and commercial properties.
Residential Properties:
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Studios: Sale prices range from AED 600,000 to AED 900,000. Annual rents are between AED 40,000 and AED 55,000.
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1-Bedroom Apartments: Prices vary from AED 800,000 to AED 1.3 million. Rental rates are AED 55,000 to AED 80,000 per year.
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2-Bedroom Apartments: Sales prices range from AED 1.2 million to AED 2 million. Rents are between AED 80,000 and AED 120,000 annually.
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3-Bedroom Apartments: Available for AED 1.8 million to AED 3.5 million. Annual rents range from AED 94,000 to AED 137,000.
Rental yields in Al Jaddaf are attractive, typically ranging between 6% and 7%, making it a compelling area for investors.
Commercial Properties:
The average rental price for commercial properties in Al Jaddaf is approximately AED 104,412 per year. This figure is based on recent transactions and may vary depending on property type and location.
Al Jaddaf’s blend of cultural heritage, modern amenities, and strategic location continues to attract residents and investors, solidifying its status as a vibrant and evolving community in Dubai.
The purchase prices and rental rates vary based on size and type of properties. Please contact QAE Real Estate at +971 42222669 for any assistance.