Al Barsha 1 area in Dubai - prices, rents and cap rates

Cap rates for projects in Al Barsha 1 area in Dubai

Data as of September 2024

Project	Sale price, AED/sqm	Rent, AED/sqm/ year	Cap rate
Al Murad Towers	12,869	755	5.9%

The cap rate (rental yield) in Al Barsha 1 is 5.9%.

Rents in Al Barsha 1

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	92	794	72,809
2	130	746	96,935
3	139	740	102,511
4	219	594	130,000

Rent in Al Barsha 1 is 0 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Al Barsha 1 is 72,809 AED or 794 AED/sqm.
Rent for 2 bedroom apartment in Al Barsha 1 is 96,935 AED or 746 AED/sqm.
Rent for 3 bedroom apartment in Al Barsha 1 is 102,511 AED or 740 AED/sqm.
Rent for 4 bedroom apartment in Al Barsha 1 is 130,000 AED or 594 AED/sqm.

Residential property projects in Al Barsha 1

Off-plan	Ready
-	Al Murad Towers

Share of off-plan projects in sales in Al Barsha 1 is 0%

Sales and rents in Al Barsha 1 in October 2024

Project name	Sale price, AED/sqm	Pre. reg sales	Delayed sales	Sales	Rent, AED/sqm/ year	Rent contracts
Al Murad Towers					755	143

Area guide for property buyers in Al Barsha 1

What are the advantages of 'Al Barsha First' area in Dubai for property buyers vs. other areas? What are the disadvantages?

Advantages:

1. Al Barsha First is a relatively new area in Dubai, so the properties are modern and up-to-date.

2. It is located close to the Dubai Mall and other popular attractions, making it a great place to live for those who want to be close to the action.

3. The area is well-connected to other parts of the city via public transport, making it easy to get around.

4. Property prices in Al Barsha First are generally lower than in other parts of Dubai, making it a great option for those on a budget.

Disadvantages:

1. Al Barsha First is a relatively new area, so there are not as many amenities and services available compared to more established areas.

2. The area is still developing, so there may be some construction noise and disruption.

3. The area is not as close to the beach as other parts of Dubai, so it may not be ideal for those who want to be close to the beach.

What areas are cheaper than 'Al Barsha First' area in Dubai but provide a similar quality of living?

1. Al Barsha Second
2. Al Barsha South
3. Al Quoz
4. Al Khail Gate
5. Al Warqa
6. Al Mizhar
7. Al Khawaneej
8. Al Furjan
9. Al Qusais
10. Al Twar

Where is 'Al Barsha First' area in Dubai located? What other areas are close by?

Al Barsha First is located in the western part of Dubai, close to the Emirates Hills and Dubai Marina. Other nearby areas include Jumeirah, Palm Jumeirah, Al Quoz, and The Greens.

Cap rate (or rental yield) - gross capitalization rate based on long term rentals, before taxes, fees and service charges and without accounting for delays between long term rentals. Shown average prices and rents.