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Culture Village area in Dubai - prices, rents and cap rates

Cap rates for projects in Culture Village area in Dubai

Data as of May 2024
ProjectSale price, AED/sqmRent, AED/sqm/yearCap rate
The Pearl9,22793510.1%
Riah Towers9,4317437.9%
D1 Tower17,0061,0826.4%
Palazzo Versace22,4121,3376.0%
Dubai Wharf15,3937855.1%

Cap rate (rental yield) in Culture Village area in Dubai is from 5.1% to 10.1%. The median cap rate in is 6.4%.

The maximum cap rate in Culture Village is 10.1% at The Pearl project. The minimum cap rate in Culture Village is 5.1% at Dubai Wharf project.

Sales prices for off-plan (pre registration and delayed sell) properties in Culture Village

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio3018,462547,828
13918,993738,750

Sales prices for completed properties in Culture Village

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio5218,213950,000
17612,594962,916
213417,5952,354,444
318115,1002,733,333

Rents in Culture Village

RoomsSize, sqmRent, AED/sqm/yearRent, AED
Studio5494850,983
18794882,629
2145948137,428
3210948199,333
4426948404,128
51,0629481,007,507
6897948850,262

Price for off-plan Studio apartment in Culture Village is 547,828 AED or 18,462 AED/sqm.
Price for off-plan 1 bedroom apartment in Culture Village is 738,750 AED or 18,993 AED/sqm.

Price for completed Studio apartment in Culture Village is 950,000 AED or 18,213 AED/sqm.
Price for completed 1 bedroom apartment in Culture Village is 962,916 AED or 12,594 AED/sqm.
Price for completed 2 bedroom apartment in Culture Village is 2,354,444 AED or 17,595 AED/sqm.
Price for completed 3 bedroom apartment in Culture Village is 2,733,333 AED or 15,100 AED/sqm.

Rent in Culture Village is 15,100 AED/year/sqm on average for long term rent of an apartment.

Rent for Studio apartment in Culture Village is 50,983 AED or 948 AED/sqm.
Rent for 1 bedroom apartment in Culture Village is 82,629 AED or 948 AED/sqm.
Rent for 2 bedroom apartment in Culture Village is 137,428 AED or 948 AED/sqm.
Rent for 3 bedroom apartment in Culture Village is 199,333 AED or 948 AED/sqm.
Rent for 4 bedroom apartment in Culture Village is 404,128 AED or 948 AED/sqm.
Rent for 5 bedroom apartment in Culture Village is 1,007,507 AED or 948 AED/sqm.
Rent for 6 bedroom apartment in Culture Village is 850,262 AED or 948 AED/sqm.

Residential property projects in Culture Village

Off-planReady
Boutique Xll (100%)
D1 Tower
Dubai Wharf
Iris Amber
Palazzo Versace
Riah Towers
The Pearl

Share of off-plan projects in sales in Culture Village is 21%

Sales and rents in Culture Village in May 2024

Project nameSale price, AED/sqmPre. reg salesDelayed salesSalesRent, AED/sqm/yearRent contracts
Iris Amber
13,54012
Dubai Wharf
15,3934 7854
D1 Tower
17,0063 1,0824
Boutique Xll
18,8007
Palazzo Versace
22,4121 1,3371
Riah Towers
9,4311 7433
The Pearl9,2271 9353

About Culture Village area in Dubai

Jaddaf Waterfront is a mixed-use development on the banks of Dubai Creek in Dubai, United Arab Emirates. It is located in the Al Jaddaf district, which is situated between the Dubai International Financial Centre and the Dubai Marina. The development was opened in 2015 and covers an area of over 3.7 million square meters.

Jaddaf Waterfront is home to a number of residential, commercial, and cultural amenities. The residential community consists of a variety of high-rise towers, including the Manazel Al Khor and the D1 Tower. The commercial district is home to a number of shops, restaurants, and cafes, as well as the Dubai Culture Village. The cultural district is home to the Jameel Arts Center, the Jaddaf Waterfront Sculpture Park, and the Dubai Creek Golf Club.

Some of the key distinctive features of Jaddaf Waterfront include:

Its location on the banks of Dubai Creek, which provides stunning views of the city skyline.
Its mix of residential, commercial, and cultural amenities, which makes it a vibrant and well-rounded community.
Its proximity to major transportation hubs, such as the Dubai International Financial Centre and the Dubai Marina.

Some of the disadvantages of Jaddaf Waterfront include:

The high cost of living.
The lack of green space.
The traffic congestion.

Overall, Jaddaf Waterfront is a well-developed and vibrant community that offers a variety of amenities and attractions. However, it is important to be aware of the high cost of living and the lack of green space before making a decision to move there.

Area guide for property buyers in Culture Village

What areas are cheaper than 'Jaddaf Waterfront' area in Dubai but provide a similar quality of living?

1. Al Quoz
2. Al Karama
3. Al Barsha
4. Al Nahda
5. Al Qusais
6. Al Rigga
7. Al Muraqqabat
8. Al Warqa
9. Al Khawaneej
10. Al Muhaisnah

What areas are better than 'Jaddaf Waterfront' area in Dubai and why?

1. Downtown Dubai: Downtown Dubai is one of the most popular areas in Dubai, offering a vibrant atmosphere with plenty of shopping, dining, and entertainment options. It is also home to some of the city's most iconic landmarks, such as the Burj Khalifa and the Dubai Mall.

2. Palm Jumeirah: Palm Jumeirah is a man-made island that offers a luxurious lifestyle with its many beachfront resorts, world-class restaurants, and high-end shopping malls. It is also home to some of the city's most exclusive residential developments.

3. Dubai Marina: Dubai Marina is a popular area for expats and locals alike, offering a wide range of amenities such as restaurants, shops, and entertainment venues. It is also home to some of the city's most luxurious residential developments.

4. The Greens: The Greens is a residential area located in the heart of Dubai, offering a tranquil atmosphere with plenty of green spaces and parks. It is also home to some of the city's most sought-after residential developments.

5. Business Bay: Business Bay is a business district located in the heart of Dubai, offering a wide range of amenities such as restaurants, shops, and entertainment venues. It is also home to some of the city's most luxurious residential developments.

Where is 'Jaddaf Waterfront' area in Dubai located?

Jaddaf Waterfront is located in the Bur Dubai area of Dubai, close to the Dubai Creek and Zabeel Park.

What are the things to do in and around 'Jaddaf Waterfront' area in Dubai and what are their locations?

1. Dubai Creek Golf & Yacht Club: Located at Jaddaf Waterfront, this golf and yacht club offers a range of activities, including golf, tennis, sailing, fishing, and more.

2. Dubai Frame: Located at Jaddaf Waterfront, the Dubai Frame is a unique architectural structure that offers a panoramic view of the city.

3. Dubai Miracle Garden: Located at Jaddaf Waterfront, this garden is home to over 45 million flowers and plants, making it one of the world’s largest flower gardens.

4. Dubai Aquarium & Underwater Zoo: Located at Jaddaf Waterfront, this aquarium and zoo is home to over 140 species of aquatic animals.

5. Dubai Creek Park: Located at Jaddaf Waterfront, this park is home to a range of attractions, including a cable car, a mini-train, and a water park.

6. Dubai Festival City Mall: Located at Jaddaf Waterfront, this mall is home to over 500 stores, restaurants, and entertainment venues.

7. Dubai Creek Tower: Located at Jaddaf Waterfront, this tower is the tallest structure in the city and offers stunning views of the city.

8. Dubai Ice Rink: Located at Jaddaf Waterfront, this ice rink offers a range of activities, including ice skating, ice hockey, and curling.

What medical clinics are there in and around 'Jaddaf Waterfront' area in Dubai and what are their locations?

1. Prime Medical Center Jaddaf Waterfront: Located at Jaddaf Waterfront, Dubai.

2. Emirates Hospital Jaddaf: Located at Jaddaf Waterfront, Dubai.

3. Medcare Jaddaf: Located at Jaddaf Waterfront, Dubai.

4. Medcare Medical Centre: Located at Al Jaddaf, Dubai.

5. Medcare Women & Children Hospital: Located at Al Jaddaf, Dubai.

6. Medcare Orthopaedics & Spine Hospital: Located at Al Jaddaf, Dubai.

7. Medcare Speciality Hospital: Located at Al Jaddaf, Dubai.

8. Medcare Skin & Laser Centre: Located at Al Jaddaf, Dubai.

9. Medcare Diagnostic Centre: Located at Al Jaddaf, Dubai.

10. Medcare Home Health Care: Located at Al Jaddaf, Dubai.

Jaddaf Waterfront Walking Tour, 2022



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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