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Wadi Al Safa 3 area in Dubai - prices, rents and cap rates
Cap rates for projects in Wadi Al Safa 3 area in Dubai
Data as of September 2024| Project | Sale price, AED/sqm | Rent, AED/sqm/ year | Cap rate |
|---|---|---|---|
| Grenland Residence | 10,746 | 698 | 6.5% |
The cap rate (rental yield) in Wadi Al Safa 3 is 6.5%.
Sales prices for completed properties in Wadi Al Safa 3
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| 2 | 140 | 10,746 | 1,500,000 |
Rents in Wadi Al Safa 3
| Rooms | Size, sqm | Rent, AED/sqm/ year | Rent, AED |
|---|---|---|---|
| 2 | 138 | 698 | 95,943 |
Price for completed 2 bedroom apartment in Wadi Al Safa 3 is 1,500,000 AED or 10,746 AED/sqm.
Rent in Wadi Al Safa 3 is 10,746 AED/sqm/year on average for long term rent of an apartment.
Rent for 2 bedroom apartment in Wadi Al Safa 3 is 95,943 AED or 698 AED/sqm.
Residential property projects in Wadi Al Safa 3
| Off-plan | Ready |
|---|---|
| - | Grenland Residence |
Share of off-plan projects in sales in Wadi Al Safa 3 is 0%
Sales and rents in Wadi Al Safa 3 in September 2024
| Project name | Sale price, AED/sqm | Pre. reg sales | Delayed sales | Sales | Rent, AED/sqm/ year | Rent contracts |
|---|---|---|---|---|---|---|
| Grenland Residence | 10,746 | 1 | 698 | 2 |
About Wadi Al Safa 3 area in Dubai
Wadi Al Safa 3 is a residential area located in Dubai, United Arab Emirates.
Some of the key distinctive features of Wadi Al Safa 3 include:
It is a quiet and peaceful area, away from the hustle and bustle of the city center.
It is well-connected to other parts of Dubai, with easy access to the Sheikh Zayed Road and the Al Khail Road.
It is close to a number of schools, mosques, and supermarkets.
Some of the disadvantages of Wadi Al Safa 3 include:
There is limited public transportation in the area, so you will need to have a car if you want to get around easily.
The area can be quite hot in the summer months.
Overall, Wadi Al Safa 3 is a good option for those who are looking for a quiet and peaceful place to live in Dubai. However, it is important to be aware of the potential disadvantages before making a decision to move there.
Here are some additional details about Wadi Al Safa 3:
The area is home to a number of high-end residential developments, including The Fields at D11, The Lakes, and The Views.
The area is also home to a number of parks and green spaces, including Safa Park and Safa Beach.
Some of the key distinctive features of Wadi Al Safa 3 include:
It is a quiet and peaceful area, away from the hustle and bustle of the city center.
It is well-connected to other parts of Dubai, with easy access to the Sheikh Zayed Road and the Al Khail Road.
It is close to a number of schools, mosques, and supermarkets.
Some of the disadvantages of Wadi Al Safa 3 include:
There is limited public transportation in the area, so you will need to have a car if you want to get around easily.
The area can be quite hot in the summer months.
Overall, Wadi Al Safa 3 is a good option for those who are looking for a quiet and peaceful place to live in Dubai. However, it is important to be aware of the potential disadvantages before making a decision to move there.
Here are some additional details about Wadi Al Safa 3:
The area is home to a number of high-end residential developments, including The Fields at D11, The Lakes, and The Views.
The area is also home to a number of parks and green spaces, including Safa Park and Safa Beach.
Area guide for property buyers in Wadi Al Safa 3
What areas are cheaper than 'Wadi Al Safa 3' area in Dubai but provide a similar quality of living?
1. Al Barsha2. Al Warqa
3. Arabian Ranches
4. Jumeirah Village Circle
5. Discovery Gardens
6. Al Furjan
7. International City
8. Mirdif
9. Al Khail
10. Al Quoz
What schools are there in and around 'Wadi Al Safa 3' area in Dubai and what are their locations?
1. GEMS Wellington International School, Al Safa 3, Dubai.2. GEMS Modern Academy, Al Safa 3, Dubai.
3. GEMS Royal Dubai School, Al Safa 3, Dubai.
4. GEMS United School, Al Safa 3, Dubai.
5. GEMS Our Own English High School, Al Safa 3, Dubai.
6. GEMS World Academy, Al Safa 3, Dubai.
7. GEMS Jumeirah Primary School, Al Safa 3, Dubai.
8. GEMS Winchester School, Al Safa 3, Dubai.
9. GEMS Founders School, Al Safa 3, Dubai.
10. GEMS Metropole School, Al Safa 3, Dubai.
What parks are there in and around 'Wadi Al Safa 3' area in Dubai and what are their locations?
1. Al Barsha Pond Park: Located at the intersection of Al Barsha Road and Al Asayel Street, this park offers a range of activities for all ages, including a large pond, a children’s play area, a jogging track, and a basketball court.2. Wadi Al Safa 3 Park: This park is located on the corner of Al Barsha Road and Al Khail Road, and offers a range of activities for all ages, including a large pond, a children’s play area, a jogging track, and a basketball court.
3. Al Khail Park: Located on the corner of Al Khail Road and Al Asayel Street, this park offers a range of activities for all ages, including a large pond, a children’s play area, a jogging track, and a basketball court.
4. Al Barsha South Park: Located on the corner of Al Barsha Road and Al Khail Road, this park offers a range of activities for all ages, including a large pond, a children’s play area, a jogging track, and a basketball court.
5. Al Barsha Park: Located on the corner of Al Barsha Road and Al Asayel Street, this park offers a range of activities for all ages, including a large pond, a children’s play area, a jogging track, and a basketball court.
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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