DT1 in Downtown Dubai - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Rents in DT1
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
96
1,719
165,000
2
159
1,478
235,000
The cap rate (rental yield) of investments into DT1 project is 6.0% on average.
The price of an apartment in DT1 is 26,344 AED/sqm on average.
The long term rent of an apartment in DT1 is 1,569 AED/sqm/year on average.
Rent for 1 bedroom apartment in DT1 is 165,000 AED or 1,719 AED/sqm. Rent for 2 bedroom apartment in DT1 is 235,000 AED or 1,478 AED/sqm.
About DT1
'DT1' in 'Downtown Dubai' area project description
Dt 1 is a major real estate development project located in the heart of Dubai, United Arab Emirates. The project is being developed by Meraas, a leading real estate developer in the region. The project is located in the area of Jumeirah Village Circle, a residential community in the city of Dubai.
Dt 1 is a mixed-use development project, which includes residential, commercial, and retail components. The project will feature two towers, each with a total of 16 floors. The towers will be connected by a sky bridge and will feature a total of 1,200 residential units. The residential units will range from one-bedroom apartments to four-bedroom villas. The commercial component of the project will include a shopping mall, office spaces, and a hotel. The retail component will include restaurants, cafes, and other retail outlets.
The project is expected to be completed by 2021 and will feature a range of amenities and facilities for residents and visitors. These include a swimming pool, a gym, a spa, a kids’ play area, and a community center. The project will also feature a variety of landscaped gardens and parks, as well as pedestrian pathways and cycling tracks.
The project is designed to be a sustainable development, with energy-efficient building materials and systems, as well as solar energy systems. The project is also designed to be a green development, with the use of recycled materials, water-efficient fixtures, and green building technologies.
Dt 1 is a major real estate development project that will bring a range of residential, commercial, and retail components to the city of Dubai. The project is expected to be completed by 2021 and will feature a range of amenities and facilities for residents and visitors. The project is designed to be a sustainable and green development, with the use of energy-efficient building materials and systems, as well as solar energy systems.
Q&A on DT1
What are the advantages of 'DT1' project in Dubai for property buyers? What are the disadvantages?
1. Location: Dt 1 is located in the heart of Dubai, close to key business and leisure destinations, making it an ideal location for real estate buyers.
2. Quality: Dt 1 offers high-quality apartments and villas with modern amenities and facilities, providing a great living experience for buyers.
3. Investment Potential: Dt 1 is an attractive investment opportunity for real estate buyers due to its prime location and high-quality offerings.
4. Affordability: Dt 1 offers competitive prices for its properties, making it an affordable option for buyers.
5. Security: Dt 1 provides a safe and secure environment for its residents, with 24-hour security and surveillance.