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Al Sufouh 2 area in Dubai - prices, rents and cap rates

Cap rates for projects in Al Sufouh 2 area in Dubai

Data as of May 2024
ProjectSale price, AED/sqmRent, AED/sqm/yearCap rate
Palm View24,3411,2905.3%

The cap rate (rental yield) in Al Sufouh 2 is 5.3%.

Sales prices for off-plan (pre registration and delayed sell) properties in Al Sufouh 2

RoomsSize, sqmSale price, AED/sqmSale price, AED
19026,1942,356,043
213726,4983,624,192
315827,1564,303,680
445537,34416,988,507

Sales prices for completed properties in Al Sufouh 2

RoomsSize, sqmSale price, AED/sqmSale price, AED
110125,3852,573,432
216223,3643,777,829
321325,8985,507,640

Rents in Al Sufouh 2

RoomsSize, sqmRent, AED/sqm/yearRent, AED
1941,290121,272
21471,290190,029
32281,290293,738
44431,290571,773
57151,290922,102

Price for off-plan 1 bedroom apartment in Al Sufouh 2 is 2,356,043 AED or 26,194 AED/sqm.
Price for off-plan 2 bedroom apartment in Al Sufouh 2 is 3,624,192 AED or 26,498 AED/sqm.
Price for off-plan 3 bedroom apartment in Al Sufouh 2 is 4,303,680 AED or 27,156 AED/sqm.
Price for off-plan 4 bedroom apartment in Al Sufouh 2 is 16,988,507 AED or 37,344 AED/sqm.

Price for completed 1 bedroom apartment in Al Sufouh 2 is 2,573,432 AED or 25,385 AED/sqm.
Price for completed 2 bedroom apartment in Al Sufouh 2 is 3,777,829 AED or 23,364 AED/sqm.
Price for completed 3 bedroom apartment in Al Sufouh 2 is 5,507,640 AED or 25,898 AED/sqm.

Rent in Al Sufouh 2 is 25,898 AED/year/sqm on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Al Sufouh 2 is 121,272 AED or 1,290 AED/sqm.
Rent for 2 bedroom apartment in Al Sufouh 2 is 190,029 AED or 1,290 AED/sqm.
Rent for 3 bedroom apartment in Al Sufouh 2 is 293,738 AED or 1,290 AED/sqm.
Rent for 4 bedroom apartment in Al Sufouh 2 is 571,773 AED or 1,290 AED/sqm.
Rent for 5 bedroom apartment in Al Sufouh 2 is 922,102 AED or 1,290 AED/sqm.

Residential property projects in Al Sufouh 2

Off-planReady
Cavalli Casa Tower (100%)
The S Tower (100%)
Palm View

Share of off-plan projects in sales in Al Sufouh 2 is 51%

Sales and rents in Al Sufouh 2 in May 2024

Project nameSale price, AED/sqmPre. reg salesDelayed salesSalesRent, AED/sqm/yearRent contracts
The S Tower37,3443
Cavalli Casa Tower
27,93510
Palm View
24,34155 1,2904

Area guide for property buyers in Al Sufouh 2

What are the advantages of 'Al Sufouh 2' area in Dubai for property buyers vs. other areas? What are the disadvantages?

'Al Sufouh 2' is a notable area in Dubai, offering several unique advantages and a few disadvantages for property buyers when compared to other areas. Let's break these down:

Advantages

1. Prime Location:
- *Accessibility:* Al Sufouh 2 enjoys excellent connectivity owing to Sheikh Zayed Road, which ensures easy access to other key areas in Dubai.
- *Proximity to Attractions:* It is close to iconic landmarks such as Dubai Marina, Mall of the Emirates, and Madinat Jumeirah, enhancing the lifestyle appeal.

2. Prestigious Neighborhood:
- *Upscale Living:* The area is home to some luxurious residential developments and high-end villas, attracting a more affluent crowd.
- *Reputation:* Al Sufouh 2 is considered a prestigious area, which can contribute to higher property value and appeal.

3. Beach Access:
- *Coastal Advantage:* Being near the coastline provides easy access to beautiful beaches, which is a significant draw for both residents and investors.
- *Sea Views:* Many properties offer stunning views of the Arabian Gulf, enhancing the living experience.

4. Educational Institutions:
- *Schools & Universities:* The area is close to reputed educational institutions, making it convenient for families with children. Educational hubs like Dubai Knowledge Park are also nearby.

5. Future Growth Potential:
- *Development Plans:* Ongoing and planned infrastructure projects can enhance the area's appeal and property values in the future.

Disadvantages

1. Higher Cost:
- *Premium Pricing:* Properties in Al Sufouh 2 tend to be more expensive compared to other parts of Dubai, which could be a deterrent for budget-conscious buyers.
- *Maintenance Costs:* The high-end nature of the properties might also imply higher maintenance and service charges.

2. Traffic:
- *Congestion:* Being a popular and central area, traffic can be an issue, particularly during peak hours.

3. Limited Availability:
- *Market Dynamics:* Due to its exclusivity and high demand, there may be limited availability of properties, making it competitive and sometimes challenging to find suitable options.

4. Construction Activity:
- *Disruption:* Ongoing construction of new developments and infrastructure projects in and around the area could cause temporary disruptions, noise, and dust.

5. Commercial Activity:
- *Tourism Proximity:* Being close to major tourist hotspots brings high foot traffic, which some residents might find intrusive or overwhelming, especially during peak tourist seasons.

Conclusion

Al Sufouh 2 offers a prestigious, well-connected, and luxurious living experience with its prime location, upscale properties, and access to amenities and attractions. However, this comes with higher costs, potential congestion, and limited availability, which could be considerations for prospective buyers. Balancing these factors based on individual preferences and investment goals will be crucial in making an informed decision.

What areas are better than 'Al Sufouh 2' area in Dubai and why?

Dubai is home to several premium residential areas that might be considered more desirable than Al Sufouh 2, depending on individual preferences, lifestyle requirements, and specific criteria. Here are some of the top areas compared to Al Sufouh 2:

1. Downtown Dubai
- Why Better?
- Landmarks: Iconic landmarks like Burj Khalifa, Dubai Mall, Dubai Opera.
- Lifestyle: Vibrant, urban lifestyle with numerous dining, shopping, and entertainment options.
- Accessibility: Central location with excellent transport links.

2. Palm Jumeirah
- Why Better?
- Exclusivity: An iconic, man-made island known for its luxury and exclusivity.
- Waterfront Living: Stunning beachfront properties with private beaches.
- Resorts and Dining: High-end resorts, restaurants, and amenities.

3. Emirates Hills
- Why Better?
- Luxury: Known as the "Beverly Hills of Dubai," featuring large mansions and premium villas.
- Golf Courses: Close proximity to world-class golf courses like the Montgomerie.
- Privacy: Enhanced security and privacy.

4. Jumeirah Beach Residence (JBR)
- Why Better?
- Beachfront Living: Proximity to The Walk and The Beach at JBR, offering seaside living.
- Amenities: Abundant dining, shopping, and entertainment options.
- Community: Vibrant community events and activities.

5. Dubai Marina
- Why Better?
- Marina Lifestyle: Waterfront living with yachts, Marina Walk, and an array of restaurants.
- Nightlife: Center for nightlife and entertainment with numerous nightclubs and bars.
- Convenience: Easy access to public transport and various amenities.

6. Arabian Ranches
- Why Better?
- Family-Friendly: One of the best areas for families with excellent schools and community facilities.
- Green Spaces: Abundant parks, playgrounds, and equestrian centers.
- Community Feel: A strong sense of community with various events and activities.

7. Jumeirah Islands
- Why Better?
- Scenic Views: Unique setting with villas surrounded by man-made lakes and green spaces.
- Tranquility: Serene and quiet environment compared to the bustling areas.
- Luxury: High-quality, spacious villas with premium amenities.

8. Business Bay
- Why Better?
- Proximity to Downtown: Close to Downtown Dubai, offering a blend of residential and commercial spaces.
- Modern Infrastructure: Sleek high-rises, modern apartments, and a growing number of dining and leisure options.
- Business Hub: Ideal for professionals working in the business district.

9. Jumeirah Lakes Towers (JLT)
- Why Better?
- Mixed-Use: Blend of residential, commercial, and retail spaces.
- Community Environment: Parks, lakes, and green spaces enhance the living experience.
- Accessibility: Well-connected with Metro and road networks.

10. The Greens and The Views
- Why Better?
- Community Feel: Well-established community with excellent amenities.
- Green Spaces: Plenty of parks and walking trails.
- Accessibility: Centrally located with good access to main roads and public transport.

Each of these areas offers unique advantages that might suit different lifestyles, whether it's the bustling urban life of Downtown Dubai or the serene, family-friendly environment of Arabian Ranches. Your choice will depend on factors such as budget, preferred lifestyle, proximity to work or schools, and personal preferences.

What schools are there in and around 'Al Sufouh 2' area in Dubai and what are their locations?

Al Sufouh 2 is a prominent area in Dubai, strategically located near various educational institutions catering to different curricula. Here are some notable schools in and around Al Sufouh 2, along with their locations:

1. Dubai College
- Curriculum: British
- Location: Al Sufouh Road, Al Sufouh 2

2. The International School of Choueifat (ISC) - Dubai
- Curriculum: SABIS
- Location: Al Sufouh, near Hessa Street

3. The American School of Dubai
- Curriculum: American
- Location: Al Barsha, near Hessa Street, just a short drive from Al Sufouh 2

4. GEMS Wellington International School
- Curriculum: British
- Location: Al Sufouh, Sheikh Zayed Road, near Al Sufouh 2

5. Kings' School Al Barsha
- Curriculum: British
- Location: Al Barsha, Dubai, a short distance from Al Sufouh 2

6. Dubai American Academy
- Curriculum: American
- Location: Al Barsha, just a short drive from Al Sufouh 2

7. Middlesex University Dubai
- Type: Higher Education (University)
- Location: Dubai Knowledge Park, within Al Sufouh area

8. University of Wollongong in Dubai (UOWD)
- Type: Higher Education (University)
- Location: Dubai Knowledge Park, near Al Sufouh 2

9. Regent International School
- Curriculum: British
- Location: The Greens, which is nearby to Al Sufouh 2

10. GEMS Dubai American Academy
- Curriculum: American
- Location: Al Barsha

The proximity of these schools to Al Sufouh 2 makes it a very convenient location for families prioritizing education. The area boasts a variety of educational institutions offering different curricula, ensuring that families can find a suitable option based on their preferences.

What medical clinics are there in and around 'Al Sufouh 2' area in Dubai and what are their locations?

Al Sufouh 2 is a locality in Dubai characterized by its proximity to prominent landmarks and luxury residential areas. Here are some medical clinics in and around the Al Sufouh 2 area:

1. Al Das Medical Clinic
- Location: Shoreline Apartments, Palm Jumeirah
- Services: General practice, pediatrics, dermatology, dentistry

2. IMC Medical Center
- Location: Al Wasl Road
- Services: Family medicine, dentistry, dermatology, gynecology

3. Dr. Joy Dental Clinic
- Location: Uptown Mirdiff
- Services: General and cosmetic dentistry, orthodontics

4. iCARE Clinics
- Location: The Oasis Centre, Sheikh Zayed Road
- Services: General medicine, pediatrics, cardiology, gynecology, dentistry

5. Mediclinic Al Sufouh
- Location: Kings College Hospital London, Dubai Hills
- Services: Comprehensive services including pediatrics, gynecology, orthopedics, gastroenterology

6. Emirates Hospital Clinic
- Location: The Villa Mall, Dubai
- Services: Family medicine, pediatrics, gynecology, cardiology

7. Blue Tree Clinics
- Location: Umm Suqeim 2, Beach Road
- Services: Chiropractic, physiotherapy, dentistry, general practice

8. Aster Clinic
- Location: Al Barsha South
- Services: General medicine, pediatrics, orthopedics, gynecology, dermatology

9. Medcare Medical Centre
- Location: Dubai Marina
- Services: General practice, pediatrics, gynecology, dermatology, orthopedics

10. American Hospital Clinic
- Location: Dubai Media City
- Services: General medicine, family medicine, pediatrics, orthopedics

These clinics provide a range of services from general medicine to specialized care. It's advisable to check each clinic's specific offerings and contact them directly for appointments, as the services provided can vary. Also, given the dynamic nature of the healthcare landscape in Dubai, new clinics might have opened recently, so consulting a local directory or healthcare platform can provide the most up-to-date information.


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




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