Dubai Wharf in Culture Village - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Dubai Wharf

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	62	12,979	800,000
1	218	9,174	2,000,000
2	128	14,278	1,825,000
3	269	12,738	3,430,000

Rents in Dubai Wharf

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	62	855	53,000
1	139	540	75,000
3	213	807	171,500

The cap rate (rental yield) of investments into Dubai Wharf project is 6.3% on average.

The price of an apartment in Dubai Wharf is 11,903 AED/sqm on average.

The long term rent of an apartment in Dubai Wharf is 752 AED/sqm/year on average.

Price for completed Studio apartment in Dubai Wharf is 800,000 AED or 12,979 AED/sqm.
Price for completed 1 bedroom apartment in Dubai Wharf is 2,000,000 AED or 9,174 AED/sqm.
Price for completed 2 bedroom apartment in Dubai Wharf is 1,825,000 AED or 14,278 AED/sqm.
Price for completed 3 bedroom apartment in Dubai Wharf is 3,430,000 AED or 12,738 AED/sqm.

Rent for Studio apartment in Dubai Wharf is 53,000 AED or 855 AED/sqm.
Rent for 1 bedroom apartment in Dubai Wharf is 75,000 AED or 540 AED/sqm.
Rent for 3 bedroom apartment in Dubai Wharf is 171,500 AED or 807 AED/sqm.

About Dubai Wharf

'Dubai Wharf' in 'Culture Village' area project description

Dubai Wharf is a mixed-use development situated in the heart of Culture Village, an emerging cultural hub along the Dubai Creek. This project epitomizes modern living, blending contemporary architecture with traditional Arabian influences. Comprising four elegant towers, Dubai Wharf offers a range of residential, retail, dining, and entertainment options, strategically designed to provide a seamless living experience for its residents.

The residential component of Dubai Wharf features a mix of one, two, and three-bedroom apartments, all designed with a focus on luxury and comfort. Each unit boasts high-quality finishes, spacious layouts, and floor-to-ceiling windows that offer stunning views of Dubai Creek and the surrounding skyline. Apartments are equipped with modern amenities, including state-of-the-art kitchens, en-suite bathrooms with premium fixtures, and built-in wardrobes, ensuring a sophisticated living environment.

The retail and dining spaces at Dubai Wharf add a vibrant edge to the development. The ground floor is home to a variety of shops, cafes, and restaurants, catering to diverse tastes and preferences. From high-end fashion boutiques to gourmet dining establishments, every retail outlet is carefully selected to enhance the lifestyle of the residents and visitors. The waterfront promenade, with its picturesque setting, provides an idyllic backdrop for outdoor dining and leisurely strolls.

Dubai Wharf integrates leisure and recreational facilities to promote a well-balanced lifestyle. The development features an array of amenities, including a fully equipped gymnasium, swimming pools, landscaped gardens, and children's play areas. Residents also have access to a dedicated health and wellness center, incorporating spa services and other holistic treatments. The community is designed with green spaces and walking paths, encouraging outdoor activities and providing a serene environment away from the city's hustle and bustle.

Furthermore, Dubai Wharf benefits from its prime location within Culture Village. Culture Village is a visionary project aimed at creating a vibrant cultural district in Dubai, blending art, culture, and traditional heritage with modern urban living. The proximity to Al Jaddaf Metro Station and major road networks ensures excellent connectivity to other parts of Dubai, including prominent business districts like DIFC and Downtown Dubai, as well as major attractions like Dubai Festival City and Dubai Mall.

In summary, Dubai Wharf offers an opulent yet practical living option within a culturally rich setting. It promises a balanced blend of luxury, convenience, and vibrant community life, making it an attractive choice for residents and investors alike.

Q&A on Dubai Wharf

What are the advantages of 'Dubai Wharf' project in Dubai for property buyers? What are the disadvantages?

Advantages of Dubai Wharf Project in Culture Village:

1. Prime Location: Situated in Culture Village, an area known for its artistic and cultural vibe, offering a unique living experience.
2. Waterfront Views: Many units provide stunning views of Dubai Creek, adding to the aesthetic and value of the property.
3. Luxury Amenities: Includes high-end facilities such as swimming pools, gyms, and landscaped gardens, ensuring a comfortable lifestyle.
4. Transport Accessibility: Proximity to major road networks and the Dubai Metro makes commuting easy.
5. Retail and Dining Options: The development features a variety of retail outlets, cafes, and restaurants, providing convenience and leisure.
6. Potential for Appreciation: Ongoing development in Culture Village suggests potential for property value appreciation.
7. Community Living: Offers a blend of residential, retail, and leisure components, fostering a sense of community.

Disadvantages of Dubai Wharf Project in Culture Village:

1. High Initial Cost: Being a premium development, the initial investment can be substantial.
2. Ongoing Construction: The surrounding area might still be under development, which can lead to noise and inconvenience.
3. Traffic Congestion: As the area develops, traffic may increase, causing potential delays and inconvenience.
4. Service Charges: Maintenance and service charges for luxury amenities may be higher than average.
5. Market Volatility: Real estate market fluctuations can impact property values, posing a risk.
6. Cultural Setting: While it's a unique selling point, the cultural setting might not appeal to all buyers.
7. Rental Yield Uncertainty: Depending on market conditions, rental yields may vary, affecting investment returns.

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

1. Manazel Al Khor: Offers waterfront living with spacious apartments, and stunning views of the Dubai Creek. The mix of modern architecture and traditional aesthetics enhances the cultural vibe of the area.

2. D1 Tower: Features luxurious apartments with high-end finishes and access to world-class amenities. The tower's height provides panoramic views of the city, Creek, and sea, making it a landmark in Culture Village.

3. Palazzo Versace Dubai Residences: Renowned for its opulent design and association with the Versace brand, this project offers sophisticated living spaces with top-notch luxury services and facilities, including fine dining and high-end retail.

4. Niloofar Tower: This project stands out with its chic design and quality construction. Its proximity to the water and the main attractions in Culture Village adds to its appeal.

5. Riah Towers: Known for its affordability without compromising on quality, Riah Towers offers a blend of comfortable living and accessibility to key cultural and entertainment hubs in the area.

What are the closest schools to 'Dubai Wharf' project in Dubai?

Dubai Wharf in Culture Village has several nearby schools:

1. Swiss International Scientific School Dubai:
- Location: Al Jaddaf, Dubai

2. New Indian Model School:
- Location: Garhoud, Dubai

3. The Indian High School:
- Location: Oud Metha, Dubai

4. GEMS Modern Academy:
- Location: Nad Al Sheba, Dubai

5. Dubai English Speaking School:
- Location: Oud Metha, Dubai

What are the closest medical clinics to 'Dubai Wharf' project in Dubai?

1. Mediclinic City Hospital
- Location: Dubai Healthcare City, Al Razi Building, Oud Metha Rd, Dubai

2. Dr. Sulaiman Al Habib Hospital
- Location: Oud Metha, Dubai Healthcare City, Dubai

3. Latitude Clinics
- Location: Al Garhoud, Dubai

4. Aster Clinic, Al Mankhool
- Location: Al Mankhool, Dubai

5. Al Garhoud Private Hospital Clinic
- Location: Dubai Festival City, Dubai

6. Dubai London Clinic & Specialty Hospital
- Location: Al Wasl Rd, Umm Suqeim 2, Dubai

7. Prime Medical Center
- Location: BurJuman, Bur Dubai, Dubai