Cap rate (rental yield) in Al Kifaf area in Dubai is from 5.2% to 5.5%.
The maximum cap rate in Al Kifaf is 5.5% at Park Gate Residences project. The minimum cap rate in Al Kifaf is 5.2% at 1 Residences project.
Sales prices for off-plan (pre registration and delayed sell) properties in Al Kifaf
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
67
26,270
1,752,610
2
118
20,760
2,455,256
3
156
22,191
3,470,269
4
188
23,386
4,408,110
Sales prices for completed properties in Al Kifaf
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
88
21,090
1,846,667
2
147
19,078
2,810,397
Rents in Al Kifaf
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
87
1,224
106,667
2
140
1,109
155,227
3
196
1,049
205,000
Price for off-plan 1 bedroom apartment in Al Kifaf is 1,752,610 AED or 26,270 AED/sqm. Price for off-plan 2 bedroom apartment in Al Kifaf is 2,455,256 AED or 20,760 AED/sqm. Price for off-plan 3 bedroom apartment in Al Kifaf is 3,470,269 AED or 22,191 AED/sqm. Price for off-plan 4 bedroom apartment in Al Kifaf is 4,408,110 AED or 23,386 AED/sqm.
Price for completed 1 bedroom apartment in Al Kifaf is 1,846,667 AED or 21,090 AED/sqm. Price for completed 2 bedroom apartment in Al Kifaf is 2,810,397 AED or 19,078 AED/sqm.
Rent in Al Kifaf is 19,078 AED/sqm/year on average for long term rent of an apartment.
Rent for 1 bedroom apartment in Al Kifaf is 106,667 AED or 1,224 AED/sqm. Rent for 2 bedroom apartment in Al Kifaf is 155,227 AED or 1,109 AED/sqm. Rent for 3 bedroom apartment in Al Kifaf is 205,000 AED or 1,049 AED/sqm.
Al Kifaf is a residential area in Bur Dubai, Dubai, United Arab Emirates. It is located between Sheikh Khalifa Bin Zayed Street (D88), Sheikh Rashid Road (D75) and Sheikh Zayed Road (E11). The sub-community is home to the renowned Zabeel Park, Dubai Frame and the government service centre – Al Kifaf Centre.
Al Kifaf was developed in 2007 and is a relatively new community. It is home to a mix of residential and commercial properties, including apartments, townhouses, and villas. The community is also home to a number of schools, mosques, and parks.
Some of the key distinctive features of Al Kifaf include:
* Its proximity to Zabeel Park and the Dubai Frame
* Its easy access to Sheikh Zayed Road and other major highways
* Its range of residential and commercial properties
* Its mix of amenities, including schools, mosques, and parks
Some of the disadvantages of Al Kifaf include:
* Its high cost of living
* Its lack of public transportation
* Its congested roads
* Its hot and humid climate
Overall, Al Kifaf is a good option for those looking for a modern and convenient place to live in Dubai. However, it is important to be aware of the high cost of living and the lack of public transportation before making a decision to move there.
Area guide for property buyers in Al Kifaf
What are the advantages of 'Al Kifaf' area in Dubai for property buyers vs. other areas? What are the disadvantages?
Advantages:
1. Al Kifaf is a popular residential area in Dubai, located close to the city center and offering easy access to the city’s attractions.
2. The area is well-connected by public transportation, making it easy to get around.
3. The area is home to a variety of shops, restaurants, and other amenities, making it a great place to live.
4. Property prices in Al Kifaf are generally lower than in other areas of Dubai, making it a great option for budget-minded buyers.
5. The area is well-maintained and offers a safe and secure environment for residents.
Disadvantages:
1. Al Kifaf is a densely populated area, meaning that it can be quite noisy at times.
2. The area is not as well-developed as other areas of Dubai, meaning that there are fewer amenities and services available.
3. The area is not as close to the beach as other areas of Dubai, making it less desirable for those looking for a beach lifestyle.
4. Property prices in Al Kifaf are still relatively high compared to other areas of Dubai, making it less attractive for budget-minded buyers.
What areas are cheaper than 'Al Kifaf' area in Dubai but provide a similar quality of living?
1. Al Barsha
2. Al Quoz
3. Al Warqa
4. Al Jaddaf
5. Al Khawaneej
6. Al Mizhar
7. Al Warqaa
8. Al Qusais
9. Al Qouz
10. Al Twar
Where is 'Al Kifaf' area in Dubai located? What other areas are close by?
Al Kifaf is located in the Deira area of Dubai. Other areas close by include Al Muraqqabat, Al Rigga, Al Baraha, Al Khabaisi, Al Muteena, Al Badaa, and Al Garhoud.
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.
(x%) shows share of off-plan properties in sales in the last complete month