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Hessyan 1 area in Dubai - prices, rents and cap rates

Cap rates for projects in Hessyan 1 area in Dubai

Data as of May 2024
ProjectSale price, AED/sqmRent, AED/sqm/yearCap rate
Badra Phase 16,1015769.5%

The cap rate (rental yield) in Hessyan 1 is 9.5%.

Sales prices for completed properties in Hessyan 1

RoomsSize, sqmSale price, AED/sqmSale price, AED
31316,101800,000

Rents in Hessyan 1

RoomsSize, sqmRent, AED/sqm/yearRent, AED
Studio4857627,866
18057645,855
210157658,185
313857679,394

Price for completed 3 bedroom apartment in Hessyan 1 is 800,000 AED or 6,101 AED/sqm.

Rent in Hessyan 1 is 6,101 AED/year/sqm on average for long term rent of an apartment.

Rent for Studio apartment in Hessyan 1 is 27,866 AED or 576 AED/sqm.
Rent for 1 bedroom apartment in Hessyan 1 is 45,855 AED or 576 AED/sqm.
Rent for 2 bedroom apartment in Hessyan 1 is 58,185 AED or 576 AED/sqm.
Rent for 3 bedroom apartment in Hessyan 1 is 79,394 AED or 576 AED/sqm.

Residential property projects in Hessyan 1

Off-planReady
-Badra Phase 1

Share of off-plan projects in sales in Hessyan 1 is 0%

Sales and rents in Hessyan 1 in May 2024

Project nameSale price, AED/sqmPre. reg salesDelayed salesSalesRent, AED/sqm/yearRent contracts
Badra Phase 1
6,1011 57670

About Hessyan 1 area in Dubai

Dubai Waterfront is a mixed-use development located in Jebel Ali, Dubai, United Arab Emirates. It was developed by Nakheel Properties and the first building were opened in 2010. The development planned to have of residential apartments, townhouses, and villas, as well as commercial and retail space.

The key distinctive features of Dubai Waterfront include:

Its waterfront location on the Arabian Gulf
Its proximity to Dubai South, Dubai World Central, and Al Maktoum International Airport
Its extensive range of amenities, including a marina, a golf course, a shopping mall, and a variety of restaurants and cafes
Its planned transportation links, including a metro station and a monorail

Some of the disadvantages of Dubai Waterfront include:

The development is still under construction, so some amenities may not be available yet
The area is relatively remote, so it can be a long commute to other parts of Dubai

Overall, Dubai Waterfront is an ambitions development that could offer a variety of amenities and transportation links. However, the development is still under construction.

Here are some additional details about Dubai Waterfront:

The development is located on a 16-square-kilometer plot of land
It is expected to be home to over 100,000 people
The total investment in the development is estimated to be over $10 billion
The development is expected to be completed in 2025

Area guide for property buyers in Hessyan 1

What are the advantages of 'Dubai Water Front' area in Dubai for real estate buyers vs. other areas?

1. Prime Location: Dubai Waterfront is located in the heart of Dubai, making it an ideal location for real estate buyers. It is close to major attractions, such as the Dubai Mall, Burj Khalifa, and the Dubai Marina.

2. High-End Amenities: Dubai Waterfront offers a range of high-end amenities, such as luxurious residential towers, shopping malls, and world-class restaurants.

3. Investment Potential: Dubai Waterfront is a great investment opportunity for real estate buyers, as it is expected to appreciate in value over time.

4. Tax Benefits: As a real estate buyer in Dubai Waterfront, you can benefit from tax incentives, such as no capital gains tax and no stamp duty.

5. Accessibility: Dubai Waterfront is easily accessible, with a range of public transport options, such as the Dubai Metro and the Dubai Tram.

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

1. Dubai Marina
2. Jumeirah Lakes Towers
3. Discovery Gardens
4. International City
5. Al Barsha
6. The Greens
7. Al Warqa
8. Al Quoz
9. Jumeirah Village Circle
10. Mirdif

What schools are there in and around 'Dubai Water Front' area in Dubai and what are their locations?

1. Emirates International School Meadows (EIS Meadows): Al Barsha South, Dubai.
2. GEMS World Academy Dubai: Dubai Waterfront, Dubai.
3. GEMS Wellington International School: Al Sufouh, Dubai.
4. GEMS Wellington Primary School: Al Sufouh, Dubai.
5. GEMS FirstPoint School: Dubai Waterfront, Dubai.
6. GEMS Royal Dubai School: Dubai Waterfront, Dubai.
7. GEMS Founders School Al Mizhar: Al Mizhar, Dubai.
8. GEMS United School: Al Khawaneej, Dubai.
9. GEMS Our Own English High School: Al Warqa, Dubai.
10. GEMS Modern Academy: Al Warqa, Dubai.
11. GEMS New Millennium School: Al Warqa, Dubai.
12. GEMS Winchester School: Al Warqa, Dubai.


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.




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