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One Za'abeel in Za'abeel 1 - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for off-plan (pre registration and delayed sell) properties in One Za'abeel

RoomsSize, sqmSale price, AED/sqmSale price, AED
223043,1409,914,000

Sales prices for completed properties in One Za'abeel

RoomsSize, sqmSale price, AED/sqmSale price, AED
113948,8966,800,000
217644,4967,850,000

Rents in One Za'abeel

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
21502,833425,000

The cap rate (rental yield) of investments into One Za'abeel project is 6.3% on average.

The price of an apartment in One Za'abeel is 44,440 AED/sqm on average.

The long term rent of an apartment in One Za'abeel is 2,833 AED/sqm/year on average.

Price for off-plan 2 bedroom apartment in One Za'abeel is 9,914,000 AED or 43,140 AED/sqm.

Price for completed 1 bedroom apartment in One Za'abeel is 6,800,000 AED or 48,896 AED/sqm.
Price for completed 2 bedroom apartment in One Za'abeel is 7,850,000 AED or 44,496 AED/sqm.

Rent for 2 bedroom apartment in One Za'abeel is 425,000 AED or 2,833 AED/sqm.

About One Za'abeel

'One Za'abeel' in 'Za'abeel 1' area project description

One Za'abeel is a landmark mixed-use development located in the Za'abeel 1 area of Dubai, an address that bridges the gap between the old and new parts of the city. The project is a testament to Dubai's ambition and innovation, featuring two interconnected towers that redefine the city's skyline.

The twin-tower structure includes a 58-storey residential tower and a 69-storey office tower, linked by a striking panoramic sky concourse known as "The Link." At its highest point, The Link is situated 100 meters above the ground, offering breathtaking 360-degree views of Dubai's metropolis. This unique suspended structure spans over 230 meters and houses world-class dining, retail, and entertainment options, making it an architectural marvel and a new social hub in the city.

The residential tower offers a range of luxurious apartments, from one-bedroom units to opulent penthouses, all designed to provide an unrivaled living experience. With floor-to-ceiling windows, high-end finishes, and smart home technology, these residences promise a blend of comfort and sophistication. The tower also includes an array of amenities such as swimming pools, a state-of-the-art gym, wellness centers, and private lounges.

One Za'abeel's commercial tower is set to become a prominent business address, offering premium office spaces that meet the needs of the modern workforce. With a focus on sustainability and innovation, the office tower features advanced building management systems, energy-efficient designs, and flexible office layouts. Its strategic location provides easy access to key areas in Dubai, including the Dubai International Financial Centre (DIFC) and Dubai World Trade Centre, making it an attractive proposition for global and regional businesses.

The entire development is designed with sustainability and energy efficiency in mind, incorporating green building practices and technologies to minimize environmental impact. This commitment to sustainability extends to the retail and hospitality components of the project as well. One Za'abeel will house a luxurious hotel operated by a leading international brand, providing guests with world-class accommodations and services.

In addition to its architectural and functional facets, One Za'abeel aims to be a cultural landmark, offering public art installations and community spaces that reflect Dubai’s diverse and dynamic spirit. It is not just a place to live or work but a lifestyle destination that embodies the future of urban living.

Backing the project is Ithra Dubai, a subsidiary of the Investment Corporation of Dubai (ICD), assuring the highest standards of quality and timely completion. One Za'abeel stands as a symbol of Dubai's relentless pursuit of architectural excellence and its vision to be a global city of the future.

Q&A on One Za'abeel

What are the advantages of 'One Za'abeel' project in Dubai for property buyers? What are the disadvantages?

Advantages

1. Prime Location: Situated in Za'abeel 1, One Za'abeel offers a strategic location close to key areas such as Downtown Dubai, DIFC, and the Dubai World Trade Center. This makes it ideal for professionals working in these business districts.

2. Iconic Architecture: The project is known for its unique and innovative design, including the world’s longest cantilevered building, "The Link." This adds a level of prestige and recognition to the property.

3. Luxury Amenities: Residents have access to high-end amenities such as fine dining restaurants, wellness and fitness centers, swimming pools, and retail spaces. The mixed-use nature of the development enhances lifestyle convenience.

4. High ROI Potential: Given its prime location and unique architecture, properties in One Za'abeel are expected to have strong appreciation potential and attractive rental yields, making it a sound investment.

5. Quality Construction and Finishes: Developed by Ithra Dubai, known for their high construction standards, ensuring that buyers receive high-quality homes with top-notch finishes.

6. Sustainability: The project incorporates various sustainable building practices and technologies, which can appeal to environmentally conscious buyers and potentially lower utility costs over time.

Disadvantages

1. High Price Point: Given the luxury nature and prime location of One Za'abeel, the property prices are on the higher end, which may not be affordable for all buyers.

2. Construction Noise and Disruption: Depending on the phase of development, ongoing construction activities could lead to noise and other disruptions for residents in the initial stages.

3. Market Volatility: As a high-end luxury property, it is more susceptible to market volatility. Economic downturns could impact property values more significantly compared to mid-market properties.

4. Service Charges: The maintenance and service fees in such high-end developments can be considerably higher than average, which could be a long-term financial commitment.

5. Traffic and Congestion: Being in a prime location might mean increased traffic congestion, especially during peak hours, which could impact daily commutes.

6. Competition: The Dubai real estate market is highly competitive, with many luxury projects vying for attention. This could lead to more options for buyers, but also stiffer competition for sellers and renters.

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

- Downtown Dubai: With landmarks like the Burj Khalifa, Dubai Mall, and the Dubai Opera, Downtown offers unparalleled lifestyle and entertainment options. Its central location and premium amenities usually make it a preferred choice for luxury living.

- Dubai International Financial Centre (DIFC): This area is known for its modern architecture, upscale dining, and art galleries. It’s a financial hub, making it highly attractive for professionals.

- Dubai Creek Harbour: Located a bit further away but still central, this area boasts the upcoming Dubai Creek Tower which is expected to surpass Burj Khalifa's height. It offers waterfront living and a mix of residential, commercial, and retail spaces.

- Business Bay: Close proximity to Downtown Dubai, Business Bay offers a mix of business and residential spaces with a vibrant community. It’s a rapidly growing area ideal for professionals working in the nearby business districts.

- City Walk: An urban living destination offering a mix of residential, retail, and dining experiences. Known for its pedestrian-friendly layout, it’s perfect for those wanting a blend of city and community life.

- Jumeirah: Known for its luxurious villas, pristine beaches, and premium lifestyle. It offers a more relaxed, yet upscale residential experience compared to the high-rise jungles nearby.

These areas are often considered superior in some aspects due to their comprehensive amenities, iconic landmarks, and higher investment potential.

What are the closest schools to 'One Za'abeel' project in Dubai?

- Dubai Gem Private School
- Location: Oud Metha

- GEMS Winchester School
- Location: Oud Metha

- Lycee Francais International Georges Pompidou
- Location: Oud Metha

- The Indian High School
- Location: Oud Metha

- Horizon English School
- Location: Al Safa

- Swiss International Scientific School
- Location: Healthcare City

- New Academy School
- Location: Al Raffa

- Dubai International School
- Location: Al Garhoud

What are the closest medical clinics to 'One Za'abeel' project in Dubai?

1. Dubai Medical Suites - Located on Sheikh Zayed Road, in close proximity to the World Trade Centre metro station.
2. Mediclinic City Hospital - Situated in Dubai Healthcare City, Al Razi Building, just minutes away by car.
3. Emirates Hospital Clinics - Located at the Conrad Hotel on Sheikh Zayed Road, near the Dubai World Trade Centre.
4. DIFC Clinic - Found in the Dubai International Financial Centre (DIFC), close to the Burj Daman building.
5. Aster Clinic - Bur Dubai - Situated on Sheikh Khalifa Bin Zayed Street, easily accessible from Za'abeel 1.
6. Iranian Hospital Dubai - Located on Al Wasl Road in the Al Bada area, not far from Za'abeel.




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