Durar 1 in Wadi Al Safa 5 - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Durar 1

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	93	7,897	735,000

Rents in Durar 1

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	71	872	61,500
2	108	759	82,000

The cap rate (rental yield) of investments into Durar 1 project is 10.4% on average.

The price of an apartment in Durar 1 is 7,897 AED/sqm on average.

The long term rent of an apartment in Durar 1 is 823 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Durar 1 is 735,000 AED or 7,897 AED/sqm.

Rent for 1 bedroom apartment in Durar 1 is 61,500 AED or 872 AED/sqm.
Rent for 2 bedroom apartment in Durar 1 is 82,000 AED or 759 AED/sqm.

About Durar 1

'Durar 1' in 'Wadi Al Safa 5' area project description

Durar1 is a major urban development project located in the heart of Dubai, United Arab Emirates. The project is a joint venture between the Dubai government and the private sector, and is part of the city’s larger plan to create a vibrant and sustainable city. The project is designed to create a new urban center that will be a hub for business, leisure, and culture.

The project is divided into two main components: the Durar1 District and the Durar1 Tower. The Durar1 District is a mixed-use development that will include residential, commercial, and leisure spaces. It will feature a variety of retail outlets, restaurants, and entertainment venues. The district will also include a public park, a cultural center, and a pedestrian-friendly promenade.

The Durar1 Tower is a landmark skyscraper that will stand at the center of the district. The tower will be the tallest building in Dubai and will feature a mix of office, residential, and hospitality spaces. It will also include a sky deck, observation deck, and a rooftop garden.

The project is designed to be a model of sustainability, with green building technologies and renewable energy sources. The district will feature a variety of green spaces, including parks, gardens, and green roofs. The project will also feature a variety of public transportation options, including a metro line, buses, and taxis.

Durar1 is expected to be completed by 2022 and will be a major addition to the city of Dubai. The project is designed to create a vibrant and sustainable urban center that will be a hub for business, leisure, and culture. It is expected to attract a variety of people from around the world, and will be a major contributor to the city’s economy.

Q&A on Durar 1

What are the advantages of 'Durar 1' project in Dubai for property buyers? What are the disadvantages?

1. Affordable Prices: Durar1 offers competitively priced properties in Dubai, making it an attractive option for real estate buyers looking for value for money.

2. Flexible Payment Plans: Durar1 offers flexible payment plans that can be tailored to suit the needs of individual buyers.

3. High Quality: Durar1 properties are built to the highest standards, ensuring that buyers get a quality product.

4. Location: Durar1 is located in the heart of Dubai, providing easy access to the city’s amenities and attractions.

5. Security: Durar1 is a secure and safe environment for buyers, with 24-hour security and CCTV surveillance.

6. Amenities: Durar1 offers a range of amenities, including swimming pools, gyms, and children’s play areas.

What projects are better than 'Durar 1' project in Dubai which are located close by, and why?

-Al Barari: Offers a more affluent and exclusive lifestyle with lush landscapes, themed gardens, and high-end amenities including gourmet restaurants, wellness centers, and a unique, eco-friendly community layout.

-Nad Al Sheba Villas: Provides spacious homes with private pools, proximity to top-tier schools, and recreational facilities such as the Meydan Racecourse and cycling tracks, appealing to families looking for a high standard of living.

-Falconcity of Wonders: Known for its themed residential areas and iconic structures inspired by global landmarks like the Taj Mahal and Eiffel Tower, this project provides a unique living experience with a variety of amenities and entertainment options.

-MBR City: Home to luxury villas and apartments, world-class schools, extensive retail options, and one of the largest lagoons in the world, it caters to those seeking comprehensive, upscale living environments.

-Villanova: Features Mediterranean-style villas and townhouses, large parks, community centers, and family-friendly amenities, making it a great option for those looking for a well-rounded and vibrant community.