Dubai Health Care City Phase 2 area in Dubai - prices, rents and cap rates

Cap rates for projects in Dubai Health Care City Phase 2 area in Dubai

Data as of September 2024

Project	Sale price, AED/sqm	Rent, AED/sqm/ year	Cap rate
Azizi Aliyah Residences	9,279	947	10.2%
Fawad Azizi Residence	13,267	1,304	9.8%
Binghatti Avenue	11,515	1,072	9.3%
Binghatti Gateway	11,642	1,085	9.3%
Binghatti Creek	12,973	1,100	8.5%
Farhad Azizi Residence	19,542	1,559	8.0%
Al Waleed Garden	13,164	913	6.9%

Cap rate (rental yield) in Dubai Health Care City Phase 2 area in Dubai is from 6.9% to 10.2%. The median cap rate in is 9.3%.

The maximum cap rate in Dubai Health Care City Phase 2 is 10.2% at Azizi Aliyah Residences project. The minimum cap rate in Dubai Health Care City Phase 2 is 6.9% at Al Waleed Garden project.

Sales prices for off-plan (pre registration and delayed sell) properties in Dubai Health Care City Phase 2

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	35	17,761	613,763
1	63	18,046	1,134,699

Sales prices for completed properties in Dubai Health Care City Phase 2

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	33	19,581	636,642
1	83	11,829	986,467
2	133	7,717	1,022,644

Rents in Dubai Health Care City Phase 2

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	36	1,459	52,688
1	68	1,106	75,358
2	96	1,082	103,333
3	151	980	147,500

Price for off-plan Studio apartment in Dubai Health Care City Phase 2 is 613,763 AED or 17,761 AED/sqm.
Price for off-plan 1 bedroom apartment in Dubai Health Care City Phase 2 is 1,134,699 AED or 18,046 AED/sqm.

Price for completed Studio apartment in Dubai Health Care City Phase 2 is 636,642 AED or 19,581 AED/sqm.
Price for completed 1 bedroom apartment in Dubai Health Care City Phase 2 is 986,467 AED or 11,829 AED/sqm.
Price for completed 2 bedroom apartment in Dubai Health Care City Phase 2 is 1,022,644 AED or 7,717 AED/sqm.

Rent in Dubai Health Care City Phase 2 is 7,717 AED/sqm/year on average for long term rent of an apartment.

Rent for Studio apartment in Dubai Health Care City Phase 2 is 52,688 AED or 1,459 AED/sqm.
Rent for 1 bedroom apartment in Dubai Health Care City Phase 2 is 75,358 AED or 1,106 AED/sqm.
Rent for 2 bedroom apartment in Dubai Health Care City Phase 2 is 103,333 AED or 1,082 AED/sqm.
Rent for 3 bedroom apartment in Dubai Health Care City Phase 2 is 147,500 AED or 980 AED/sqm.

Residential property projects in Dubai Health Care City Phase 2

Off-plan	Ready
Fawad Azizi Residence (96%) Kempinski Residences The Creek (100%)	Al Waleed Garden Azizi Aliyah Residences Binghatti Avenue Binghatti Creek Binghatti Gateway Farhad Azizi Residence O10 *

Share of off-plan projects in sales in Dubai Health Care City Phase 2 is 35%

* - only rent transactions are available

Sales and rents in Dubai Health Care City Phase 2 in November 2024

Project name	Sale price, AED/sqm	Pre. reg sales	Delayed sales	Sales	Rent, AED/sqm/ year	Rent contracts
Fawad Azizi Residence	13,267	2	12	3	1,304	38
Azizi Aliyah Residences	9,279			4	947	13
Binghatti Avenue	11,515			6	1,072	17
Binghatti Gateway	11,642			5	1,085	3
Farhad Azizi Residence	19,542			4	1,559	24
Al Waleed Garden	13,164			1	913	13
Kempinski Residences The Creek	27,805	1
O10					1,181	3
Binghatti Creek					1,100	11

Area guide for property buyers in Dubai Health Care City Phase 2

What areas are cheaper than 'Dubai Healthcare City - Phase 2' area in Dubai but provide a similar quality of living?

1. Al Barsha
2. Al Quoz
3. Al Warqa
4. Al Khawaneej
5. Al Mizhar
6. Al Warqaa
7. Al Qusais
8. Al Qusais Industrial Area
9. Al Twar
10. Al Khail Gate

What areas are better than 'Dubai Healthcare City - Phase 2' area in Dubai and why?

1. Downtown Dubai: Downtown Dubai is one of the most popular areas in Dubai and offers a wide range of attractions, including the world’s tallest building, the Burj Khalifa, the Dubai Mall, and the Dubai Fountain. It also offers a variety of restaurants, cafes, and shopping outlets.

2. Jumeirah Beach Residence: Jumeirah Beach Residence is a popular residential area in Dubai and is home to many luxury hotels, restaurants, and shopping outlets. It is also close to the beach and offers stunning views of the Arabian Gulf.

3. Palm Jumeirah: Palm Jumeirah is a man-made island in Dubai and is home to some of the most luxurious hotels and resorts in the world. It also offers a variety of attractions, including the Atlantis Hotel, the Palm Monorail, and the Aquaventure Waterpark.

4. Dubai Marina: Dubai Marina is a popular residential area in Dubai and is home to many luxury hotels, restaurants, and shopping outlets. It also offers stunning views of the Arabian Gulf and is close to the beach.

5. Business Bay: Business Bay is a popular business district in Dubai and is home to many corporate offices, luxury hotels, and shopping outlets. It also offers stunning views of the Dubai skyline and is close to the Dubai Creek.

Where is 'Dubai Healthcare City - Phase 2' area in Dubai located?

Dubai Healthcare City - Phase 2 is located in the Al Jaddaf area of Dubai, near the Dubai Creek.

What are the things to do in and around 'Dubai Healthcare City - Phase 2' area in Dubai and what are their locations?

1. Dubai Healthcare City - Phase 2 Park: Located in the heart of Dubai Healthcare City, this park is a great place to relax and enjoy the outdoors. It features a variety of activities such as walking, jogging, and cycling tracks, a children’s playground, and a picnic area.

2. Dubai Mall: Located just a few minutes away from Dubai Healthcare City - Phase 2, the Dubai Mall is a great place to shop, dine, and explore. It features more than 1,200 stores, over 200 restaurants, and a variety of entertainment options.

3. Dubai Aquarium & Underwater Zoo: Located in the Dubai Mall, this aquarium and underwater zoo is a great place to explore the underwater world. It features a variety of marine life, including sharks, rays, and other fish.

4. Dubai Fountain: Located in the Dubai Mall, the Dubai Fountain is a spectacular show of light, music, and water. It is one of the world’s largest choreographed fountain shows and is a must-see for visitors to Dubai.

5. Dubai Miracle Garden: Located just a few minutes away from Dubai Healthcare City - Phase 2, the Dubai Miracle Garden is a beautiful garden filled with vibrant flowers and plants. It is a great place to relax and enjoy the beauty of nature.

6. Ski Dubai: Located in the Mall of the Emirates, Ski Dubai is the world’s largest indoor ski resort. It features a variety of activities such as skiing, snowboarding, and tobogganing.

7. Burj Khalifa: Located just a few minutes away from Dubai Healthcare City - Phase 2, the Burj Khalifa is the world’s tallest building. It is a great place to take in the views of the city and enjoy the spectacular architecture.

What schools are there in and around 'Dubai Healthcare City - Phase 2' area in Dubai and what are their locations?

1. GEMS Our Own English High School, Oud Metha: Located at Oud Metha Road, Dubai Healthcare City - Phase 2, Dubai.

2. GEMS Modern Academy, Al Barsha: Located at Al Barsha South, Dubai Healthcare City - Phase 2, Dubai.

3. GEMS Wellington International School, Al Sufouh: Located at Al Sufouh Road, Dubai Healthcare City - Phase 2, Dubai.

4. GEMS World Academy, Al Sufouh: Located at Al Sufouh Road, Dubai Healthcare City - Phase 2, Dubai.

5. GEMS Royal Dubai School, Al Sufouh: Located at Al Sufouh Road, Dubai Healthcare City - Phase 2, Dubai.

6. GEMS Founders School, Al Barsha: Located at Al Barsha South, Dubai Healthcare City - Phase 2, Dubai.

What medical clinics are there in and around 'Dubai Healthcare City - Phase 2' area in Dubai and what are their locations?

1. Medcare Women & Children Hospital - Al Jaddaf, Dubai
2. Medcare Orthopaedics & Spine Hospital - Al Jaddaf, Dubai
3. Medcare Skin & Laser Centre - Al Jaddaf, Dubai
4. Medcare Medical Centre - Al Jaddaf, Dubai
5. Medcare Specialty Centre - Al Jaddaf, Dubai
6. Medcare Hospital & Medical Centre - Al Jaddaf, Dubai
7. Medcare Medical Centre - Al Jaddaf, Dubai
8. Medcare Hospital & Medical Centre - Al Jaddaf, Dubai
9. Medcare Medical Centre - Al Jaddaf, Dubai
10. Medcare Medical Centre - Al Jaddaf, Dubai

What parks are there in and around 'Dubai Healthcare City - Phase 2' area in Dubai and what are their locations?

1. Dubai Healthcare City Park: Located on Oud Metha Road, near Wafi Mall, this park offers a variety of activities for children and adults alike.

2. Al Khail Park: Located on Al Khail Road, this park features a jogging track, basketball court, and a playground.

3. Al Barsha Pond Park: Located on Al Barsha Road, this park is a great place to relax and enjoy the natural beauty of the area.

4. Zabeel Park: Located on Zabeel Road, this park offers a variety of activities for all ages, including a mini-golf course, a skate park, and a children's play area.

5. Creek Park: Located on the banks of Dubai Creek, this park is a great place to take a stroll and enjoy the views of the city skyline.

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