O10 in Dubai Health Care City Phase 2 - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in O10

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	72	17,439	1,250,000

Rents in O10

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	44	1,477	65,000
1	81	1,136	91,667

The cap rate (rental yield) of investments into O10 project is 6.8% on average.

The price of an apartment in O10 is 17,439 AED/sqm on average.

The long term rent of an apartment in O10 is 1,189 AED/sqm/year on average.

Price for completed 1 bedroom apartment in O10 is 1,250,000 AED or 17,439 AED/sqm.

Rent for Studio apartment in O10 is 65,000 AED or 1,477 AED/sqm.
Rent for 1 bedroom apartment in O10 is 91,667 AED or 1,136 AED/sqm.

About O10

'O10' in 'Dubai Health Care City Phase 2' area project description

O10, also known as O Ten, is a modern 10- to 11-storey residential tower developed by AQUA Real Estate Development in Dubai Healthcare City Phase 2, Al Jaddaf. This project offers studio, 1- and 2-bedroom fully furnished apartments, blending luxury living with wellness-focused amenities in a prime urban location.

Construction details for O10 align with the broader Dubai Healthcare City Phase 2 master plan, a 175-176 hectare development spanning zones for healthcare, residential, hospitality, mixed-use, education, and wellness. The phase emphasizes post-modern architecture, featuring modern modular facades integrated with traditional local elements. Building guidelines specify maximum heights like G + P1 + 4 for certain plots, with setbacks of 3 meters on all sides, 50% maximum plot coverage, and ground floor heights of at least 5.5 meters for active frontages.

The tower's layout includes two basement parking levels for seamless access, ground-floor retail spaces for daily conveniences, and upper residential floors. Apartments range from 774 sqft for 1-beds to around 958 sqft for larger units, with smart home features controllable via phone. Floor plans incorporate open kitchens, bathrooms, terraces, and spacious living areas overlooking the community.

Amenities elevate resident lifestyles with an infinity swimming pool featuring wooden deck lounges, landscaping, waterfalls, and interlocking walkways. A state-of-the-art gym offers stunning views, complemented by retail outlets, spas, saunas, water features, BBQ areas, cycling and jogging trails, kids play areas, outdoor gyms, sports courts, and proximity to dining, restaurants, cafes, and shopping malls.

Strategically positioned on Oud Metha Road in Healthcare City Phase 2, near Dubai Creek and Ras Al Khor, O10 is 4 km from Dubai International Airport and close to Exit 56. It sits amid six zones: Clinical Zone, Healthcare Mixed Use, Long-Term Care, Spa Resorts, Canal Residence, Town Centre, and Clinical Villas. Nearby landmarks include Al Wasl Club, Wafi Mall, Dubai Festival City (12 minutes, 10 km), Emirates Golf Club (13 minutes), IBN Battuta Mall (15 minutes), Palm Jumeirah (20 minutes), and Sheikh Zayed Road access. Pharmacies, food outlets, and community shops surround the site.

To reach the beach, drive 10-20 minutes via Sheikh Zayed Road or Al Khail Road to Jumeirah Beach or nearby waterfronts like Palm Jumeirah and JBR. Other nearby projects include wellness centers, spa resorts, hospitals, clinics, and mixed-use developments in the 1.7 million sq.m. gross floor area master plan, with residential GFA up to 219K sq.m. and hospitality up to 118K sq.m.

The market positions O10 as a wellness-oriented residential hub, attracting those seeking integrated healthcare, sports medicine, nutrition centers, and waterfront living in a post-modern themed community connected to Dubai's key highways.

Q&A on O10

What are the advantages of 'O10' project in Dubai for property buyers? What are the disadvantages?

Advantages of the 'O10' Project in Dubai Health Care City Phase 2:

1. Prime Location: Situated in Dubai Health Care City Phase 2, the project is in a strategic location known for its medical facilities and ease of access to other key areas in Dubai.
2. Healthcare Hub: Being part of Dubai Health Care City, residents have immediate access to some of the best healthcare services and facilities, enhancing the living standards for families and individuals.
3. Modern Infrastructure: The 'O10' project boasts contemporary architectural designs and state-of-the-art amenities, catering to modern lifestyle needs.
4. Investment Potential: Given the ongoing development and importance of the area, property values are likely to appreciate, making it a lucrative investment.
5. Quality of Life: Proximity to parks, retail outlets, restaurants, and leisure facilities offers a balanced lifestyle, combining work, health, and recreation seamlessly.
6. Transportation Links: Excellent connectivity via major roads and close proximity to public transport options ensure hassle-free commuting.
7. Community Living: The project is designed to foster a sense of community, with shared spaces and social events, ensuring a friendly neighborhood atmosphere.
8. Safety and Security: Enhanced security measures and a well-maintained environment make it a safe choice for families and individuals alike.

Disadvantages of the 'O10' Project in Dubai Health Care City Phase 2:

1. Higher Costs: Being in a prime location with premium amenities could result in higher property prices and associated costs, which might be a barrier for some buyers.
2. Construction Activity: Ongoing development in Dubai Health Care City Phase 2 means potential noise and disruption, affecting the serenity of the area.
3. Traffic Congestion: Given its centrality and attraction to both residents and healthcare seekers, there might be traffic congestion, particularly during peak hours.
4. Limited Availability: High demand for properties in such a prime location could result in limited availability of units, potentially making it competitive and stressful to secure a property.
5. Urban Density: The influx of residents and visitors to the healthcare city could lead to higher population density, possibly impacting the peacefulness and exclusivity of the area.
6. Utility Costs: Premium living standards and modern amenities might also come with higher utility costs, adding to the ongoing expense burden for residents.