Al Fouad in Al Furjan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in Al Fouad

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	86	814	70,000

The cap rate (rental yield) of investments into Al Fouad project is 8.0% on average.

The price of an apartment in Al Fouad is 10,174 AED/sqm on average.

The long term rent of an apartment in Al Fouad is 814 AED/sqm/year on average.

Rent for 1 bedroom apartment in Al Fouad is 70,000 AED or 814 AED/sqm.

About Al Fouad

'Al Fouad' in 'Al Furjan' area project description

Al Fouad is a luxury residential complex developed by Sooma Real Estate Developer LLC in Al Furjan, Dubai. Construction started on 4 January 2016 and completed by 31 December 2017, with the project fully commissioned in 2016 as a 12-storey building standing 49.20 metres tall in Al Furjan East.

The complex features traditional Arab architecture blended with modern design, housing 108 freehold units including studios and 1- to 3-bedroom apartments. Unit sizes range from 47 sq. m (516 sq. ft) to 111 sq. m (1,200 sq. ft), with studios offering spacious living rooms and fully equipped kitchens, while apartments include additional office spaces and large balconies. The layout spans 11 to 12 floors with a built-up area of 8,695 sq. m on plot 1080, providing covered parking and family-friendly configurations.

Amenities cater to comfortable urban living, including a rooftop swimming pool, gym, jacuzzi, concierge services, 24/7 security with CCTV surveillance, secure access controls, playgrounds, and community halls. The pet-friendly building emphasizes kid-friendly spaces and high maintenance standards.

Strategically located in the fast-growing Al Furjan area within Jebel Ali District, Al Fouad offers proximity to shopping centres, supermarkets, restaurants like Jawharet Beirut for Lebanese cuisine, cafés, and educational institutions, all within walking distance. Public transport is convenient with nearby bus, tram, and Metro stops. Ibn Battuta Mall, one of the world's largest with themed halls (India, China, Persia, Egypt, Andalusia, Tunisia) and dining options like Pizza Express and Baskin-Robbins, lies a short distance away. The quieter section of Al Furjan provides a peaceful environment away from major roads, with surrounding parks enhancing lifestyle options.

To reach the beach, residents can drive approximately 17 minutes to The Walk JBR or Palm Jumeirah beaches via Sheikh Zayed Road or public transport links.

Nearby projects include Quortaj and Dubai Style in North Village Al Furjan, West Village and Phase 2 in Al Furjan, Millennium Talia Residences and AZIZI Roy Mediterranean in Jebel Ali Village Al Furjan, Amalia Residences and Prime Residency 3 in North Village, Roy Mediterranean Service Apartments in Al Furjan, and Al Furjan in Azizi Residence. These completed developments contribute to the area's rapid residential and commercial growth.

Q&A on Al Fouad

What projects are better than 'Al Fouad' project in Dubai which are located close by, and why?

The Al Furjan area in Dubai is known for its well-planned community living, and several projects in the vicinity offer excellent alternatives to the Al Fouad Project. Here are some options that are generally considered appealing, along with reasons why they might be seen as superior:

1. Nakheel Townhouses and Villas:
- Developer: Nakheel, the master developer of Al Furjan.
- Why Better: These townhouses and villas are designed by the master planner of the community, which often translates to better integration with the overall facilities and landscaping. Residents typically enjoy more consistent maintenance and services.

2. Azizi Development Projects:
- Projects: Azizi Berton, Azizi Samia, Azizi Daisy, among others.
- Why Better: Azizi Developments is known for offering high-quality finishing and a range of amenities. Most Azizi projects feature modern designs and conveniences like gyms, swimming pools, and gardens.

3. The Quortaj Villas:
- Developer: Nakheel.
- Why Better: This sub-community is inspired by Mediterranean and Arabic architectural styles, offering a unique aesthetic and spacious living conditions. The community is well-established with a range of amenities.

4. Farishta by Azizi:
- Developer: Azizi Developments.
- Why Better: Farishta offers a combination of modern living amenities and affordability. Its prime location within Al Furjan ensures access to public transport, retail outlets, and other facilities.

5. Glamz Residence by Danube:
- Developer: Danube Properties.
- Why Better: This project offers fully furnished apartments with modular furniture solutions that improve space utilization. Danube’s reputation for delivering projects on time and with good quality makes it a reliable choice.

### Reasons Why These Projects Might Be Considered Superior:

1. Quality of Build: Many of these developments are by Nakheel and Azizi, both of which have strong reputations in delivering high-quality constructions.

2. Amenities: Projects like Azizi’s developments tend to come with a rich set of amenities including gyms, pools, and gardens which add to lifestyle convenience.

3. Location and Connectivity: Proximity to important landmarks and ease of access to public transport options like the Al Furjan Metro Station add significant value.

4. Design and Aesthetics: Choices like The Quortaj Villas offer aesthetically pleasing designs that cater to both functional and luxury needs.

5. Community Living: Projects by Nakheel generally have a well-integrated community feel due to the developer's holistic approach to master planning.

When choosing a project, it's important to consider individual preferences, long-term investment potential, and available amenities. Conducting a site visit and talking to current residents can also provide valuable insights.