Cap rate (rental yield) in Culture Village area in Dubai is from 5.7% to 10.5%. The median cap rate in is 6.3%.
The maximum cap rate in Culture Village is 10.5% at Boutique Xll project. The minimum cap rate in Culture Village is 5.7% at The Pearl project.
Sales prices for completed properties in Culture Village
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
55
17,866
988,333
1
94
13,357
1,249,500
2
156
15,118
2,365,105
3
227
14,116
3,201,480
Rents in Culture Village
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
Studio
49
1,426
69,500
1
85
972
82,300
2
156
989
153,877
3
260
1,225
318,000
Price for completed Studio apartment in Culture Village is 988,333 AED or 17,866 AED/sqm. Price for completed 1 bedroom apartment in Culture Village is 1,249,500 AED or 13,357 AED/sqm. Price for completed 2 bedroom apartment in Culture Village is 2,365,105 AED or 15,118 AED/sqm. Price for completed 3 bedroom apartment in Culture Village is 3,201,480 AED or 14,116 AED/sqm.
Rent for Studio apartment in Culture Village is 69,500 AED or 1,426 AED/sqm. Rent for 1 bedroom apartment in Culture Village is 82,300 AED or 972 AED/sqm. Rent for 2 bedroom apartment in Culture Village is 153,877 AED or 989 AED/sqm. Rent for 3 bedroom apartment in Culture Village is 318,000 AED or 1,225 AED/sqm.
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.