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Za'abeel 1 area in Dubai - prices, rents and cap rates

Cap rates for projects in Za'abeel 1 area in Dubai

Data as of May 2024
ProjectSale price, AED/sqmRent, AED/sqm/yearCap rate
One Za'abeel54,1222,3204.3%

The cap rate (rental yield) in Za'abeel 1 is 4.3%.

Sales prices for off-plan (pre registration and delayed sell) properties in Za'abeel 1

RoomsSize, sqmSale price, AED/sqmSale price, AED
322652,13411,800,000

Sales prices for completed properties in Za'abeel 1

RoomsSize, sqmSale price, AED/sqmSale price, AED
322656,11012,700,000

Rents in Za'abeel 1

RoomsSize, sqmRent, AED/sqm/yearRent, AED
11282,320297,878
22152,320498,435
32562,320593,618
44392,3201,018,090
59272,3202,151,255

Price for off-plan 3 bedroom apartment in Za'abeel 1 is 11,800,000 AED or 52,134 AED/sqm.

Price for completed 3 bedroom apartment in Za'abeel 1 is 12,700,000 AED or 56,110 AED/sqm.

Rent in Za'abeel 1 is 56,110 AED/year/sqm on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Za'abeel 1 is 297,878 AED or 2,320 AED/sqm.
Rent for 2 bedroom apartment in Za'abeel 1 is 498,435 AED or 2,320 AED/sqm.
Rent for 3 bedroom apartment in Za'abeel 1 is 593,618 AED or 2,320 AED/sqm.
Rent for 4 bedroom apartment in Za'abeel 1 is 1,018,090 AED or 2,320 AED/sqm.
Rent for 5 bedroom apartment in Za'abeel 1 is 2,151,255 AED or 2,320 AED/sqm.

Residential property projects in Za'abeel 1

Off-planReady
-One Za'abeel

Share of off-plan projects in sales in Za'abeel 1 is 0%

Sales and rents in Za'abeel 1 in May 2024

Project nameSale price, AED/sqmPre. reg salesDelayed salesSalesRent, AED/sqm/yearRent contracts
One Za'abeel
54,12211 2,3203

Area guide for property buyers in Za'abeel 1

What are the advantages of 'Za'abeel 1' area in Dubai for property buyers vs. other areas? What are the disadvantages?

'Za'abeel 1' is an emerging and desirable area in Dubai that offers several advantages and a few disadvantages for property buyers. Here's a comprehensive analysis:

Advantages

1. Central Location:
- Proximity to Key Areas: Za'abeel 1 is centrally located, offering easy access to Downtown Dubai, Business Bay, DIFC, and Dubai Creek.
- Connectivity: The area has excellent connectivity through main roads like Sheikh Zayed Road and Al Khail Road, making commutes straightforward.

2. Luxury Developments:
- High-End Residences: Za'abeel 1 is home to premium residential developments that offer luxury living with top-notch amenities.
- Mixed-Use Projects: Projects like the Wasl1 development offer a combination of residential, commercial, and recreational spaces, providing a holistic living experience.

3. Lifestyle Amenities:
- Recreational Facilities: Proximity to Za'abeel Park, which offers green spaces, jogging tracks, and leisure activities.
- Retail and Dining: High-end retail outlets, gourmet dining options, and entertainment venues are easily accessible.

4. Future Growth:
- Development Potential: Continuous development in the area promises future appreciation in property values, making it a good investment option.
- Expo 2020 Impact: Although Expo 2020 is over, its legacy projects will continue to positively impact real estate demand and prices.

5. Quality of Life:
- Modern Infrastructure: The area boasts modern infrastructure and facilities, including hospitals, schools, and public transport options.
- Scenic Views: Many properties offer stunning views of the downtown skyline, Dubai Creek, or Za'abeel Park.

Disadvantages

1. High Property Prices:
- Cost: The luxury aspect comes with a price. Properties in Za'abeel 1 tend to be more expensive compared to peripheral areas, which may not be suitable for budget buyers.

2. Construction Activities:
- Ongoing Projects: Continuous development can result in noise and disruption. Future construction projects may also temporarily affect the living experience.

3. Limited Availability:
- Inventory: As a high-demand area, there might be limited availability of properties. Buyers might have to act fast or compromise on their specific preferences.

4. Traffic Congestion:
- Peak Hours: Being centrally located also means potential traffic congestion during peak hours, which can be a drawback for residents looking for hassle-free commutes.

5. Exclusivity:
- Not Ideal for All: The exclusivity and luxury focus of Za'abeel 1 might not cater to all segments, especially those looking for more community-centric or mid-range housing options.

Comparison to Other Areas

- Versus Dubai Marina: While Dubai Marina offers waterfront living with a vibrant nightlife, Za'abeel 1 offers more serene surroundings with central city benefits.
- Versus Jumeirah: Jumeirah is popular for its beachfront properties and family-friendly amenities, whereas Za'abeel 1 is more business-centric with luxury high-rise apartments.
- Versus Arabian Ranches: For those looking for spacious villas and a suburban feel, Arabian Ranches might be more suitable. Za'abeel 1 offers a more urban lifestyle.
- Versus Al Barsha: Al Barsha offers more affordable housing with good amenities but lacks the elite status and central location of Za'abeel 1.

Conclusion

Za'abeel 1 is ideal for property buyers looking for luxury living, excellent connectivity, and potential for future appreciation. However, the area may not suit budget-conscious buyers or those looking for a more community-centric or quiet suburban environment. Weighing these factors can help potential buyers make an informed decision.

What areas are better than 'Za'abeel 1' area in Dubai and why?

Dubai is home to a variety of neighborhoods, each offering distinct advantages depending on your lifestyle, preferences, and needs. While Za'abeel 1 is a centrally located and well-connected area, there are other neighborhoods that may be considered more desirable for certain reasons. Here are a few prominent ones:

Downtown Dubai
Why it's better:
- Landmarks: Home to the Burj Khalifa, The Dubai Mall, and the Dubai Opera.
- Luxury Living: Offers high-end residential options, from apartments to penthouses.
- Lifestyle: Vibrant, with ample dining, shopping, and entertainment options.

Dubai Marina
Why it's better:
- Waterfront Living: Stunning marina and sea views.
- Amenities: Plenty of restaurants, cafes, and retail options.
- Active Lifestyle: Walking paths, boating, and proximity to the beach.

Palm Jumeirah
Why it's better:
- Exclusive: Known for luxury and unique properties.
- Beach Access: Direct access to private beaches.
- Lifestyle: Upscale living with world-class resorts, dining, and leisure options.

Emirates Hills
Why it's better:
- Gated Community: One of Dubai's most exclusive, with high security.
- Golf Courses: Located around golf courses, offering stunning views.
- Luxury Homes: Large, luxurious properties with private gardens and pools.

Jumeirah Beach Residence (JBR)
Why it's better:
- Beachfront: Direct access to the beach.
- Vibrant Atmosphere: Lots of dining and entertainment options.
- Tourist Attraction: Popular with both residents and tourists.

Business Bay
Why it's better:
- Proximity: Close to Downtown, providing easy access to its amenities.
- Development: Rapidly growing with many residential and commercial projects.
- Waterfront: Canal views and promenade add to the appeal.

Jumeirah Lake Towers (JLT)
Why it's better:
- Affordable: Generally more affordable than neighboring Dubai Marina.
- Community Feel: Various shops, cafes, and recreational facilities.
- Metro Access: Well-connected via the Dubai Metro.

Arabian Ranches
Why it's better:
- Family-Friendly: Known for its peaceful environment and large family homes.
- Amenities: Schools, shopping centers, and healthcare facilities within the community.
- Outdoor Living: Parks, walking trails, and golf courses.

City Walk
Why it's better:
- Modern: Contemporary, urban living with a mix of residential, retail, and entertainment.
- Walkability: Designed for walking with wide promenades and green spaces.
- Luxury: High-end apartments and townhouses.

Each of these neighborhoods offers unique qualities that might make them preferable over Za'abeel 1, depending on what you're looking for. Whether it's luxury, community, waterfront living, or proximity to landmarks, Dubai offers a diverse range of options to fit a variety of lifestyles.

What schools are there in and around 'Za'abeel 1' area in Dubai and what are their locations?

Za'abeel 1 is a central and prominent area in Dubai, known for its proximity to various key landmarks like the Dubai World Trade Centre and Za'abeel Park. While Za'abeel 1 itself is primarily a residential and commercial area with more focus on housing and amenities, the surrounding areas do offer some educational institutions. Here are a few notable schools in and around the Za'abeel 1 area:

Nearby Areas

1. Dubai International Academy Al Barsha
- Location: First Al Khail St, Al Barsha, Dubai
- Curriculum: International Baccalaureate (IB)

2. GEMS Wellington Primary School
- Location: Al Satwa, Dubai, near Sheikh Zayed Road
- Curriculum: British

3. Horizon International School
- Location: Al Wasl Road, Umm Al Sheif, Dubai
- Curriculum: British

4. Sheikh Rashid Bin Saeed Islamic Institute
- Location: Near Oud Metha Road, Dubai
- Specialization: Islamic Studies

Al Jafiliya Area (Adjacent to Za'abeel 1)

1. Indian High School Junior Campus
- Location: Oud Metha, Dubai
- Curriculum: Indian (CBSE)

2. Al Jafiliya School for Girls
- Location: Al Jafiliya, Dubai
- Curriculum: Local UAE Curriculum

3. Lycee Francais International Georges Pompidou (Primary School)
- Location: Oud Metha, Dubai
- Curriculum: French

Karama Area (Close to Oud Metha and Za'abeel)

1. Our Own Indian School
- Location: Al Karama, Dubai
- Curriculum: Indian (CBSE)

2. The Indian High School Senior Campus
- Location: Oud Metha Road, Dubai
- Curriculum: Indian (CBSE)

Bur Dubai Area

1. Dubai Gem Private School
- Location: Oud Metha, Bur Dubai
- Curriculum: British (IGCSE and A-Levels)

When choosing a school, it’s essential to consider factors such as the curriculum offered, proximity to your residence, and the specific needs of the student. Most of these schools also offer transportation services, making it easier for students commuting from different parts of the city.

What medical clinics are there in and around 'Za'abeel 1' area in Dubai and what are their locations?

Za'abeel 1 is a central district in Dubai, and there are several medical clinics and healthcare facilities located within and nearby this area. Here are some notable ones:

1. Medcare Hospital Dubai
- Location: Sheikh Zayed Road, Al Safa 2, Dubai
- Distance: Approximately a 10-minute drive from Za'abeel 1.
- Services: Offers a range of medical services including emergency care, general practice, specialist consultations, and more.

2. American Hospital Dubai
- Location: Oud Metha Road, Dubai
- Distance: Around 15 minutes drive from Za'abeel 1.
- Services: Comprehensive healthcare services including emergency care, surgeries, specialist consultations, and inpatient care.

3. Dubai London Clinic & Specialty Hospital
- Location: Umm Suqeim Road, Al Safa, Dubai
- Distance: About 10-15 minutes drive from Za'abeel 1.
- Services: Offers family medicine, dental services, specialist care, and other medical services.

4. Mediclinic City Hospital
- Location: Dubai Healthcare City, Al Razi Building, Dubai
- Distance: Approximately 10 minutes drive from Za'abeel 1.
- Services: Full-service hospital providing comprehensive healthcare services including specialized surgeries, diagnostics, and outpatient services.

5. Aster Clinic, Bur Dubai
- Location: Khalid Bin Al Waleed Road, Bur Dubai
- Distance: Approximately 15 minutes drive from Za'abeel 1.
- Services: Offers a wide range of medical services including general practice, specialist consultations, diagnostics, and more.

6. Emirates Hospital Clinics, DIFC
- Location: DIFC, Dubai International Financial Centre, Dubai
- Distance: Around 10 minutes drive from Za'abeel 1.
- Services: Provides various medical services including family medicine, dentistry, dermatology, and specialist care.

These clinics and hospitals are well-equipped and staffed with qualified medical professionals, providing accessible healthcare services to residents and visitors in and around Za'abeel 1. It's always a good decision to call ahead and check for the availability of specific services you may require.


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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