Ghalia in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Ghalia

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	40	13,838	549,286
1	73	13,860	1,010,000

Rents in Ghalia

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	41	1,170	47,960
1	70	975	68,250
2	104	865	90,000
3	149	940	140,000

The cap rate (rental yield) of investments into Ghalia project is 7.6% on average.

The price of an apartment in Ghalia is 13,846 AED/sqm on average.

The long term rent of an apartment in Ghalia is 1,081 AED/sqm/year on average.

Price for completed Studio apartment in Ghalia is 549,286 AED or 13,838 AED/sqm.
Price for completed 1 bedroom apartment in Ghalia is 1,010,000 AED or 13,860 AED/sqm.

Rent for Studio apartment in Ghalia is 47,960 AED or 1,170 AED/sqm.
Rent for 1 bedroom apartment in Ghalia is 68,250 AED or 975 AED/sqm.
Rent for 2 bedroom apartment in Ghalia is 90,000 AED or 865 AED/sqm.
Rent for 3 bedroom apartment in Ghalia is 140,000 AED or 940 AED/sqm.

About Ghalia

'Ghalia' in 'Jumeirah Village Circle' area project description

Ghalia is a residential project located in Dubai, UAE. The project is being developed by Meraas, a leading real estate developer in the region. Ghalia is located in the heart of Dubai, within the Jumeirah Beach Residence (JBR) district. The project consists of two residential towers, each with a total of 48 floors. The towers are connected by a podium, which houses a variety of amenities and facilities, including a swimming pool, gym, spa, and retail outlets.

Ghalia offers a range of luxury apartments, ranging from one-bedroom to four-bedroom units. The apartments are designed to provide a comfortable and luxurious living experience, with modern interiors and high-end finishes. The apartments feature floor-to-ceiling windows, allowing for plenty of natural light and stunning views of the city skyline. The apartments also come equipped with a range of modern amenities, such as air conditioning, fitted kitchens, and built-in wardrobes.

The project also offers a range of amenities and facilities to its residents. These include a swimming pool, gym, spa, and retail outlets. The project also has a 24-hour concierge service, providing residents with assistance and support. Additionally, the project also offers a range of recreational activities, such as a children’s play area, a jogging track, and a basketball court.

Ghalia is located in close proximity to a range of attractions, such as the Dubai Marina, the Palm Jumeirah, and the Dubai Mall. The project is also close to a range of public transportation options, including the Dubai Metro, buses, and taxis.

Overall, Ghalia is an excellent residential project, offering luxury apartments and a range of amenities and facilities. The project is located in a prime location, close to a range of attractions and public transportation options. It is an ideal choice for those looking for a luxurious and comfortable living experience in Dubai.

Q&A on Ghalia

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

1. Prime Location: Ghalia is located in the heart of Dubai, close to major attractions such as the Dubai Mall, Burj Khalifa, and the Dubai International Financial Centre. This makes it an ideal location for real estate buyers looking for convenience and easy access to the city’s many attractions.

2. Affordable Prices: Ghalia offers affordable prices for real estate buyers, making it an attractive option for those looking to purchase a home in Dubai.

3. Quality Construction: Ghalia is built to the highest standards, using the latest construction techniques and materials. This ensures that buyers can rest assured that their investment is in safe hands.

4. Flexible Payment Plans: Ghalia offers flexible payment plans to suit different budgets, making it easier for buyers to purchase a property.

5. Excellent Amenities: Ghalia offers a range of amenities such as a swimming pool, gym, and children’s play area, making it a great choice for families looking for a home in Dubai.

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

1. Belgravia II:
- Developer: Ellington Properties
- Key Points: High-quality finishes, modern design, strong developer reputation.
- Benefits: Communal spaces like a clubhouse, contemporary aesthetics, attention to detail in construction and design.

2. Bloom Heights:
- Developer: Bloom Holding
- Key Points: High-rise living, diverse apartment options, great amenities.
- Benefits: Stunning views, abundant lifestyle facilities like swimming pools, retail options within the building.

3. La Riviera Apartments:
- Developer: B&M Riviera Developments
- Key Points: Mid-rise development, stylish designs, robust community amenities.
- Benefits: Attractive architecture, high-quality fittings, well-maintained communal areas such as fitness centers and pools.

4. Tulip Park:
- Developer: Damac Properties
- Key Points: Townhouse community, spacious designs, family-oriented.
- Benefits: More privacy compared to apartment living, landscaped gardens, ample parking space.

5. Zaya Hameni:
- Developer: Zaya
- Key Points: Luxurious living, wellness-focused community, unique design.
- Benefits: Health and wellness facilities, biophilic design elements, large balconies and terraces.

6. Reef Residence:
- Developer: Reef Real Estate
- Key Points: Spacious apartments, elegant design, competitive pricing.
- Benefits: Panoramic views, good rental yields, proximity to parks and community centers.

7. Indigo Ville 2:
- Developer: Indigo Properties
- Key Points: Townhouse community, quiet and serene environment.
- Benefits: Community feel, close to amenities like schools and parks, spacious living areas.

Each of these projects offers distinct advantages depending on preferences for high-rise versus townhouse living, luxury versus affordability, and specific lifestyle amenities.